Regional Property Manager / Turnaround & Lease-Up

Cope Equities LLC

Regional Property Manager / Turnaround & Lease-Up

Allen, TX
Full Time
Paid
  • Responsibilities

    Benefits:

    Health insurance

    Paid time off

    Bonus based on performance

    Competitive salary

    Dental insurance

    Vision insurance

    Regional Property Manager – Turnaround & Lease-Up

    Location: DFW Metroplex (with required travel to Lubbock and Longview, TX) Compensation: $100,000 – $110,000 base salary + performance bonuses Travel/Vehicle Allowance: Monthly vehicle allowance provided; air travel to Lubbock covered by the company Employment Type: Full-Time

    About the Role

    We are a growing commercial and residential real estate company seeking an experienced Regional Property Manager to lead operations across a diverse multi-property portfolio in Texas. This role has two equally critical mandates:

    Turnaround: Stabilize legacy properties requiring immediate corrective action — occupancy audits, high-volume evictions, and full operational restructuring.

    Lease-Up: Drive rapid absorption on 2–3 newly constructed Class A properties targeting stabilization for disposition. Speed and presentation matter — these assets need to hit occupancy benchmarks on an aggressive timeline.

    You will work alongside an Asset Management consultant who handles portfolio strategy, owner reporting, and financial analysis. Your focus is execution across both sides of the portfolio: cleaning up distressed assets while simultaneously filling brand-new ones.

    What You'll Do

    Turnaround (Legacy Properties)

    Conduct physical property walks and audits to reconcile actual occupancy against rent rolls

    Manage and execute a high-volume eviction pipeline in coordination with legal counsel

    Identify and remove unauthorized occupants and restore unit control

    Rebuild accurate records and operational processes from the ground up

    Lease-Up (New Construction, Class A)

    Execute and oversee aggressive lease-up strategies to hit stabilization targets as quickly as possible

    Manage the full leasing cycle: marketing coordination, showings, applicant screening, and lease execution

    Ensure properties are presented at a Class A standard — model units, common areas, curb appeal, and punch list follow-through with contractors

    Track absorption pace weekly and flag any obstacles to the Asset Management team for strategic adjustment

    Coordinate with ownership and the AM consultant on pricing strategy, concession deployment, and comp analysis

    Portfolio-Wide

    Oversee all tenant-facing operations: leasing, renewals, notices, and collections

    Maintain AppFolio data integrity, including nightly reporting and KPI tracking

    Supervise on-site staff, vendors, and maintenance teams across all properties

    Travel regularly to Longview, TX (by car) and Lubbock, TX (by air) for property inspections and oversight

    Deliver monthly property condition and performance reports to leadership

    What You Bring

    3–5+ years of direct property management experience with exposure to both distressed/turnaround environments and new construction lease-ups

    Proven track record managing eviction processes at volume

    Demonstrated success driving rapid lease-up and stabilization of Class A or new-build properties

    Deep proficiency in AppFolio (required)

    Strong understanding of leasing fundamentals: pricing, marketing, tenant screening, and closing

    Comfort operating independently across geographically dispersed properties

    Strong organizational skills and a bias toward accountability and documentation

    Valid driver's license and willingness to travel weekly

    Compensation & Benefits

    Base Salary: $100,000 – $115,000, commensurate with experience

    Monthly Vehicle Allowance: Provided to cover routine travel between DFW and Longview; all mileage-related wear, fuel, and maintenance for work travel included

    Air Travel: Company-paid flights for all required trips to Lubbock

    Stabilization Bonus: Performance-based bonus tied to achieving specific KPIs within the first 90 days (e.g., squatter removal, restored occupancy, record accuracy, and lease-up velocity targets)

    Standard benefits package

    Why This Role

    This is a rare opportunity to operate across the full spectrum of property management — breathing life into brand-new assets while restoring order to troubled ones. You will have clear objectives, direct visibility to ownership, a strategic partner handling analytics, and the autonomy to execute decisively on both fronts. If you can fill a building as fast as you can fix one, this is your role.

    To Apply: Submit your resume and a brief summary highlighting your experience with either a property turnaround, a lease-up you drove to stabilization, or both.

    About Cope Equities, LLC

    Cope Equities LLC, and its subsidiaries, is a rapidly growing real estate developer and construction company based in north Texas. We have divisions of Land Acquisition and Entitlement, Investment, Horizontal Development, Multifamily Construction and Leasing, and Single-Family Residential Construction and Sales. We are a family-owned and run company with a tight-knit culture of teamwork, creativity, and autonomy. We strive for a "lean and mean" work ethic and an honest work/life balance. This company is best suited to individuals who thrive in an environment free from constant micro-management and rigid, pre-defined operating procedures.