Multi Site Property Manager

Multi Site Property Manager

Location: Vail, CO

Portfolio: Multiple site Market-Rate and LIHTC

Reports To: Regional Property Manager

Employment Type: Full-Time | Exempt

Position Summary

We are seeking a seasoned Area Property Manager to lead operations across multiple properties in Vail, Colorado. This is a hands-on leadership role for a property management professional who understands the demands of a mixed portfolio, including both market-rate and Low-Income Housing Tax Credit (LIHTC) communities, and can operate with a high degree of autonomy.

The right candidate brings a compliance-first mindset to affordable housing, a strong financial foundation, and the people skills to lead site teams. Vail is not a typical multifamily market, and this role requires someone who can adapt operational strategy to a resort economy while keeping properties performing to owner and regulatory expectations.

Core ResponsibilitiesPortfolio Operations

• Oversee day-to-day operations across multiple communities, maintaining consistent standards for occupancy, resident satisfaction, property condition, and regulatory compliance
• Conduct regular site visits and inspections; document findings and hold site teams accountable to corrective timelines
• Serve as the primary point of contact between ownership/asset management and on-site staff
• Identify operational inefficiencies and implement process improvements across the portfolio

Financial Management

• Manage operating budgets for each property; track actuals vs. budget monthly and explain material variances
• Review, approve and process invoices within established authority thresholds
• Analyze financial reports (P&L, rent roll, delinquency, collections) and present findings and recommendations to leadership
• Drive NOI performance through revenue optimization, cost control, and disciplined expense management
• Participate in annual budget preparation and capital planning

LIHTC & Affordable Housing Compliance

This portfolio includes LIHTC communities regulated under IRS Section 42. Compliance is non-negotiable and is considered a core function of this role, not a secondary responsibility.

• Ensure all income certifications, annual recertifications, and move-in files are complete, accurate, and audit-ready always
• Coordinate with the state housing finance agency (CHFA) and any investor partners on inspections, file audits, and compliance reporting
• Stay current on IRS Section 42 requirements, HOTMA implementation, and any Colorado-specific regulatory updates affecting the portfolio
• Ensure site staff are trained on LIHTC compliance requirements and that certification files are completed correctly the first time
• Manage relationships with compliance consultants or third-party auditors as needed

Leasing & Occupancy

• Maintain strong occupancy across all communities; monitor market conditions and adjust pricing and concession strategy with asset management approval
• Oversee the leasing process including application review, screening, waitlist management (for income-restricted properties), and move-in coordination
• Ensure marketing is accurate, compliant with fair housing requirements, and aligned with the resident profile of each community
• For LIHTC properties: ensure waitlist management and applicant screening adhere to program rules and fair housing requirements

Maintenance & Property Condition

• Oversee maintenance operations to ensure work orders are completed on time and to quality standards
• Coordinate make-ready process to minimize vacancy days and keep units rent-ready
• Manage vendor relationships and service contracts
• Coordinate capital improvement projects in collaboration with asset management; track contractor performance and lien waiver compliance
• Ensure all life safety systems (fire, CO, elevator) are inspected and certified on schedule

Regulatory & Legal Compliance

• Ensure all properties comply with applicable local, state, and federal housing regulations
• Manage the notice and eviction process in compliance with Colorado law; coordinate with legal counsel on contested matters
• Maintain current knowledge of Colorado landlord-tenant law, the Colorado Warranty of Habitability Act, HFWA, FAMLI, and fair housing requirements
• Ensure all required permits, registrations, and municipal licenses are current

Required Qualifications

• 5 years of property management experience, with at least 2 years in a multi-site or area management role
• Hands-on LIHTC experience required: must have directly managed income certification files, recertifications, and regulatory inspections under Section 42
• Demonstrated ability to manage both market-rate and income-restricted communities simultaneously
• Strong working knowledge of property financials, including budget preparation, variance analysis, and NOI management
• Experience with Yardi Voyager or comparable property management software
• Solid understanding of Colorado landlord-tenant law and fair housing regulations
• Proven track record of leading and developing on-site teams in a multi-property environment
• Ability to work independently, make sound decisions under pressure, and operate with minimal day-to-day oversight

Preferred Qualifications

• CPM, ARM, HCCP, or C3P designation (LIHTC-specific credentials strongly preferred)
• Experience managing properties in resort or seasonal labor markets
• Familiarity with CHFA compliance requirements and audit processes
• Background in third-party management with owner reporting responsibilities
• Experience with HOTMA regulatory changes and implementation

Compensation & Benefits

• Competitive salary commensurate with experience
• Performance-based bonus opportunity tied to portfolio metrics
• Health, dental, and vision insurance
• Paid time off and company holidays
• 401(k) with company match

Pay: $85,000.00 - $90,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off

Work Location: In person

Salary : $85,000 - $90,000