Our client, a leading residential real estate investment firm focused on large communities, is hiring a VP / Director of Real Estate Operations to join their Nashville office. The Director of Real Estate Operations will have experience in managing project managers and be responsible for overseeing and optimizing the day-to-day operations of our real estate assets and developments. This role involves strategic planning, operational management, and cross-functional leadership. Ideal candidates will have experience managing construction projects from start to finish.
*MUST HAVE RESIDENTIAL / COMMUNITY BUILDING EXPERIENCE
Key Responsibilities:
- Lead, mentor, and develop a high-performing team of real estate professionals.
- Foster a collaborative and results-oriented culture within the operations team.
- Oversee recruitment, training, and performance management of operational staff.
- Develop and implement strategic plans for the operational management of the real estate portfolio.
- Collaborate with executive leadership to align operational strategies with the company's overall goals and objectives.
- Drive initiatives to enhance the value and performance of the real estate assets.
- Oversee the day-to-day operations of all real estate properties, including leasing, property management, maintenance, and tenant relations.
- Implement best practices and standard operating procedures to ensure efficiency and effectiveness in property management.
- Monitor and analyze property performance metrics, and develop strategies for improvement.
- Develop and manage operational budgets, ensuring financial targets are met and cost controls are implemented.
- Conduct financial analyses and reporting to support investment decisions and operational improvements.
- Work closely with the finance team to ensure accurate financial reporting and compliance with investment agreements.
- Build and maintain strong relationships with external partners, including property managers, brokers, and service providers.
- Engage with investors and stakeholders to provide updates on operational performance and strategic initiatives.
- Address and resolve any issues or concerns raised by tenants, stakeholders, or partners.
- Ensure compliance with all regulatory requirements, company policies, and industry best practices.
- Identify and mitigate operational risks, including legal, financial, and reputational risks.
- Oversee property inspections and audits to ensure adherence to safety and quality standards.
Qualifications:
- Bachelor’s degree in Real Estate, Business Administration, Finance, or a related field; MBA or advanced degree preferred.
- 3 - 6+ years’ experience in management of real estate development projects.
- Strong excel experience
- High level of attention to detail
- Proven track record of managing large-scale real estate portfolios and driving operational efficiency.
- Strong financial acumen and experience with budgeting, forecasting, and financial analysis.
- Excellent leadership, communication, and interpersonal skills.
- Ability to work collaboratively with executive leadership and external stakeholders.
- In-depth knowledge of real estate market trends, regulatory requirements, and best practices.