WAYPOINT REAL ESTATE INVESTMENTS Regional Portfolio Manager Salary in the United States

How much does an Regional Portfolio Manager make at companies like WAYPOINT REAL ESTATE INVESTMENTS in the United States? The average salary for Regional Portfolio Manager at companies like WAYPOINT REAL ESTATE INVESTMENTS in the United States is $84,381 as of December 27, 2021, but the range typically falls between $71,104 and $97,657. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities

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What does an Regional Portfolio Manager do at companies like WAYPOINT REAL ESTATE INVESTMENTS?

The Opportunity:

Waypoint Real Estate Investments is growing! We are looking exclusively for top talent who can orchestrate legendary service stories for our residents. We have a terrific career opportunity for a Regional Portfolio Manager to join our team of talented property professionals.  This is the perfect opportunity for a property management professional who is pro-active, strategic and wants to get in on the ground floor of an amazing career opportunity.  The ideal candidate thinks like an owner, wants to make a difference at the communities we serve and measures their success on outcomes. You will lead, manage and direct operational functions for our multifamily properties, enhance our processes and procedures and vibrantly engage with your teams. This critical role reports to the Vice President, Property Operations.

What you will do:

  • Work to achieve maximum performance based upon monthly and annual goals to increase revenue and other income for your portfolio.
  • Consistently partner with asset management and leadership to keep them informed on community activities, major projects and accomplishments within the portfolio.
  • Review financial statements and account for monthly variances. Implement new strategies when needed to meet community objectives and financial goals.
  • Serve as escalation point for tenant relations issues in accordance with Company guidelines
  • Develop and implement effective outreach marketing strategies and renewal programs to meet and exceed occupancy thresholds
  • Evaluate market conditions, trends and threats with each Community Manager. Regularly monitor portfolio competition.
  • Leverage your talent management expertise to recruit, train and motivate new Community Managers. Oversee, implement, and participate in on-going staff training, coaching, and counseling to drive the very best in staff performance and development.
  • Frequently travel to the properties to ensure Community Managers are in cadence with property objectives and performance as well company mission.
  • Work with the service teams to manage property maintenance programs to ensure prompt responses to maintenance requests, an adequate supply of market ready apartments to meet leasing demand
  • Passionately maintain the highest standards of operational efficiency and customer service.
  • Build your career with special stretch projects as assigned.

What you will bring:

  • Bachelor’s degree and a minimum of 8-10 years of property management experience managing a multisite portfolio; or equivalent combination of education and experience.
  • Strong, positive, motivational leadership style in managing multiple teams to success
  • Superior financial acumen; can interpret, make assumptions, create property budgets and macro detail
  • Understanding of maintenance process with the ability to identify and manage capital need bid/execution, develop and manage property specific preventative maintenance plans and identify and manage rehab or capital improvement projects
  • Professional designation (ARM, CAPS, CPM, etc.) strongly preferred
  • Fair Housing Certification is a plus.
  • YARDI experience preferred

What you will need:

  • Very strong interpersonal skills and the ability to build relationships at all levels
  • High level of motivation and resourcefulness; drive for continuous improvement
  • Ability to resolve problems in a timely manner and gather and analyze information skillfully
  • Seamless adaptability to changes in the work environment and ability to manage competing demands
  • Grace under fire and the business acumen to nimbly diffuse conflict

Company Overview:

Waypoint Real Estate Investments is a vertically integrated real estate investment firm focused on the U.S. residential sector. Since 2011, Waypoint has invested over $4 billion across more than 28,000 multifamily housing units located nationwide.

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$71,104 Low Average $84,381 High $97,657

Understand the total compensation opportunity for Regional Portfolio Manager at companies like WAYPOINT REAL ESTATE INVESTMENTS, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

$71,104
$97,657
$84,381
The chart shows total cash compensation for the WAYPOINT REAL ESTATE INVESTMENTS Regional Portfolio Manager in the United States, which includes base, and annual incentives can vary anywhere from $71,104 to $97,657 with an average total cash compensation of $84,381. Total compensation includes the value of any benefits received in addition to your salary and some of the benefits that are most commonly provided within a total compensation package including bonuses, commissions, paid time off, and Insurance. The total cash compensation may get paid differently by industry, location, and other factors.
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