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Regional Vice President - Multifamily - Dallas

Regional Vice President - Multifamily - Dallas


Ad id: 411171806857194
Views: 5
Date listed 1 month ago
Price
$1.00

Job Description LKZ MANAGEMENT SUMMARY This year, our LYND RESIDENTIAL PROPERTIES (“LRP”) team celebrates their 14th year in business as a real estate investment company specializing in the acquisition and asset management of multifamily communities throughout the country. During this 14-year period, LRP has sponsored investments in approximately 20,000 apartment units with a total capitalization of over $1 billion and counts some of the industry’s most reputable institutional investors as its partners. LRP has historically been an opportunistic investor executing on various value-add, rehab, restoration, large portfolio acquisitions and distressed property investments. Additionally, 2017 represents the 11th year in business for our LYND DEVELOPMENT PARTNERS (“LDP”) team. LDP has earned the reputation as one of the multifamily industry’s premier development companies with projects such as EnV Chicago, which won the coveted Multifamily Executive’s “High Rise of the Year” award in 2011. LDP has built its successful track record through mostly urban, infill developments and has set record sales prices on its projects in markets such as Chicago, Austin, and Denver. The LRP and LDP teams have combined to execute on over $4.0 billion of real estate transactions during their collective time in business. Based in San Antonio, Texas with its second corporate office in Denver, Colorado, our teams have primarily invested and developed in the major metropolitan markets of Texas, Colorado, Arizona, and Florida. Historically, LRP and LDP have hired its affiliated property management company, The Lynd Company, to serve as property manager for all of its direct multifamily investments. Through a deep analysis of the long-term succession and estate planning options for the Lynd family-owned property management company, The Lynd Company, we have decided the best road forward for LRP and LDP is to form our own vertically-integrated property management company separate and apart from The Lynd Company. Our new property management company is already registered and is initially called LKZ MANAGEMENT LLC (“LKZ”). However, as part of our spin-off from our affiliation with The Lynd Company, we are engaged in a complete rebranding and repositioning of the LRP/LDP/LKZ multifamily platform. We expect to roll out the new corporate and site-level branding campaign for our platform during late Q4 2017. POSITION SUMMARY The Regional Vice President position is a key leadership position for the LKZ platform that entails direct oversight of management operations. The position will be responsible for the performance and profitability of the communities located in the RVP’s portfolio. The job requires excellent interpersonal skills and high levels of communication, detailed analytical skills involving operating reports and rent rolls, market and sub-market data, and other financial information, along with assisting in the development of marketing strategies, property level business plans, and physical property positioning. The business model for our new platform is to initially not have Regional Managers reporting to the RVP. Rather the RVP will directly oversee the sites with the community directors reporting directly to the RVP. As we continue to grow, Regional Managers may be added and the RVP should have experience managing under both scenarios. JOB DUTIES Directly lead a team of community directors in the day to day management of real estate properties pursuant to the LKZ core values. Bear responsibility for P/L performance for the portfolio. Create and maintain working relationships with owners, brokers, and principals. Communicate property objectives and strategies to selected equity partners and management teams. Provide analysis and advice as to the direction of markets and sub-markets in the region. Tour a high volume of our current and potential investment properties (frequent travel required). Manage Third Party Consultants, Lenders, and Equity Partners throughout the closing process. Other duties as assigned Represent the LKZ platform in the highest professional and ethical manner at all times. EDUCATION AND EXPERIENCE Bachelor’s Degree in Business Administration, Finance, Real Estate or equivalent work experience 15+ years’ experience in property management with significant marketing or managerial responsibility. Lease-up expertise is a mandatory requirement, but the successful candidate must also have experience managing a wide spectrum of property types and situations including workforce housing properties, rehab/renovations and distressed/turnaround properties. Strong asset management analysis of property performance using Excel required. CPM, RPA or CSM designation (or in progress). Excellent oral/written communications skills. Proven record of providing excellent internal and external customer service. Must be entrepreneurial and willing to travel as needed to execute investment strategies on the portfolio properties. Company Description The year 2017 will be remembered as a historic one for our long-standing organization. It is a year where we reflect on the past and appreciate our business relationships and successes while positioning the organization for the decades ahead to continue our passionate involvement in the multifamily industry. This year, our LYND RESIDENTIAL PROPERTIES (“LRP”) team celebrates their 14th year in business as a real estate investment company specializing in the acquisition and asset management of multifamily communities throughout the country. During this 14-year period, LRP has sponsored investments in approximately 20,000 apartment units with a total capitalization of over $1 billion and counts some of the industry’s most reputable institutional investors as its partners. Additionally, 2017 represents the 11th year in business for our LYND DEVELOPMENT PARTNERS (“LDP”) team. LDP has earned the reputation as one of the multifamily industry’s premier development companies with projects such as EnV Chicago, which won the coveted Multifamily Executive’s “High Rise of the Year” award in 2011. LDP has built its successful track record through mostly urban, infill developments and has set record sales prices on its projects in markets such as Chicago, Austin, and Denver. The LRP and LDP teams have combined to execute on over $3.5 billion of real estate transactions during their collective time in business. Based in San Antonio, Texas with its second corporate office in Denver, Colorado, our teams have primarily invested and developed in the major metropolitan markets of Texas, Colorado, Arizona, and Florida. Historically, LRP and LDP haves hired its affiliated property management company, The Lynd Company, to serve as property manager for all of its direct multi-family investments. Through a deep analysis of the long-term succession and estate planning options for the Lynd family-owned property management company, The Lynd Company, we have decided the best road forward for LRP and LDP is to form our own vertically-integrated property management company separate and apart from The Lynd Company. Our new property management company is already registered and is initially called LKZ MANAGEMENT LLC (“LKZ”). However, as part of our spin-off from our affiliation with The Lynd Company, we are engaged in a complete rebranding and repositioning of the LRP/LDP/LKZ multifamily platform.

Source: http://www.juju.com/jad/00000000edkjgp?partnerid=af0e5911314cbc501beebaca7889739d&exported=True&hosted_timestamp=0042a345f27ac5dcd66255f88d90debdabafd87f104b55aa9222aba5496e4e62


 
 
 
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Last Updated on: December 11, 2017
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