About the Role

Arboreal Management, the property management arm of Great Expectations, is seeking an experienced Area Manager to oversee a portfolio of affordable housing communities across the Pacific Northwest. This role serves as the operational and financial leader for a defined group of properties, managing a team of on-site Property/Portfolio Managers and ensuring each community meets occupancy, compliance, and budget targets. The Area Manager reports to the Regional Manager and plays a critical role in translating regional strategy into site-level execution.

Key Responsibilities

Oversee day-to-day operations across 5 buildings / 350 units within an assigned geographic area
Directly manage and develop a team of Property Managers/Portfolio Managers, including hiring, coaching, and performance management
Own financial performance for the portfolio: budget preparation, variance analysis, and expense control
Ensure compliance with affordable housing program requirements (LIHTC, Section 8, HUD, or applicable state/local programs)
Monitor occupancy, leasing velocity, and renewal performance across the portfolio; implement corrective action plans as needed
Conduct regular property inspections and audits to ensure physical asset standards and life-safety compliance
Partner with maintenance leadership to ensure capital projects and unit turns stay on schedule and on budget
Serve as an escalation point for resident and staff issues that on-site teams cannot resolve independently
Report portfolio performance to the Regional Manager and senior leadership on a regular cadence

Required Qualifications

5+ years of property management experience, including at least 2 years in a multi-site or area/regional oversight capacity
Direct experience managing affordable housing properties (LIHTC, HUD, Section 8, or similar compliance programs) — required, not preferred
Property management accounting experience (budgeting, variance reporting, P&L ownership) — required
Proven track record managing and developing property-level management staff
Proficiency with property management software (AppFolio preferred)
Valid driver's license and ability to travel regularly across the assigned portfolio

Preferred Qualifications

Experience with LIHTC compliance specifically (as opposed to Section 8 only, or vice versa)
Certification such as CPM, ARM, or COS
Experience operating in a PE-backed or investment-owned portfolio environment

What We Offer

Highly competitive salary based on experience
Performance-based bonus opportunities
Medical, dental, and vision insurance
Paid time off and holidays
Mileage reimbursement
401(k)
Ongoing professional development and career advancement

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