What are the responsibilities and job description for the Area Manager position at MJW Investments?
Area Manager
Location:
Department: PM Operations
Reports to: Regional Manager
FLSA Status: Exempt
Who We Are
MJW Investments is a premier real estate investment firm specializing in the acquisition and management of multifamily and student housing properties. Our mission is to reposition and revitalize assets in ways that foster economic growth and enhance the quality of life for the communities we serve.
Over the past three years, the firm has completed more than $600 million in transaction volume, expanded its in-house property management division, and launched a student housing fund.
For more than a decade, MJW has consistently ranked among the Los Angeles Business Journal’s largest real estate firms recognized for our commitment to community-driven, transformative projects that bring long-term value to residents and investors alike.
Learn more about us on LinkedIn or visit our website!
Position Overview
We are seeking a highly motivated Area Manager to oversee multiple property locations across a multi-state region. This role requires extensive travel and is responsible for ensuring the operational excellence and financial performance of properties under their management. Reporting to the Director of Operations, the Area Manager will act as a strategic leader, mentor on-site teams, and implement processes that align with company objectives.
What You’ll Do
Regional Portfolio Oversight
- Manage a portfolio of properties across multiple states, ensuring each meets or exceeds company standards and performance goals.
- Conduct regular on-site inspections to evaluate operations, compliance, and property conditions.
- Develop and implement strategic plans in collaboration with Property Managers to enhance property value and profitability.
- Streamline operational processes such as maintenance, procurement, and reporting to optimize regional performance.
Leadership and Team Development
- Mentor and support Property Managers, fostering growth and accountability within their teams.
- Lead weekly calls with Property Managers to review goals, address challenges, and share best practices.
- Conduct performance evaluations and assist with professional development planning for on-site teams.
Financial and Operational Excellence
- Review and approve purchase orders (POs) to ensure alignment with budgets and financial objectives.
- Monitor financial performance across the portfolio and provide regular updates to the Director of Operations.
- Partner with the accounting team to ensure accurate financial reporting and effective budget management.
Tenant and Vendor Relations
- Support Property Managers in resolving tenant issues and driving tenant satisfaction.
- Oversee leasing processes, including compliance with tenant screening and lease negotiation policies.
- Maintain strong vendor relationships to ensure service quality and cost efficiency.
Compliance and Risk Management
- Ensure properties comply with local, state, and federal laws and regulations.
- Collaborate with legal teams to address risks and maintain regulatory compliance.
Skills and Qualifications
- Education: Bachelor’s degree in business, Property Management, or a related field (preferred).
- Experience: 3 years of regional or multi-site property management experience, preferably in multifamily or student housing.
- Leadership and mentoring experience, with a proven track record of managing diverse teams.
- Proficiency in property management software, such as Yardi, and strong reporting skills.
- Excellent organizational and communication skills, with the ability to manage complex portfolios across multiple states.
- Availability to travel frequently, including overnight trips.
Compensation & Benefits
- Compensation: Competitive pay based on experience.
- Benefits: Comprehensive benefits package, including health, dental, vision, and other plans.
- Travel reimbursement for mileage, lodging, and meals in accordance with company policy.
Additional Information
Employment at Will: MJW Investments is an at-will employer, meaning that either the company or the employee may terminate the employment relationship at any time, with or without cause or prior notice, as allowed by law.
Equal Employment Opportunity: MJW Investments is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind. All employment decisions are based on business needs, job requirements, and individual qualifications, without regard to race, color, religion, gender, sexual orientation, national origin, disability, veteran status, or any other status protected by law.
Travel Disclaimer: This role requires seldom travel across multiple states. Travel reimbursements are provided in accordance with company policy, and all work-related travel must comply with the MJW Investments travel expense guidelines.
FLSA Status: This is an exempt position under the FLSA and is not eligible for overtime pay. However, employees are expected to work the hours necessary to fulfill their responsibilities effectively.
Work Environment
The Area Manager role involves exposure to various property types, operational environments, and weather conditions. The position requires flexibility to travel, work in a fast-paced setting, and adjust priorities to meet organizational needs.
Salary : $90,000 - $100,000