Vice President of Property Management at CARABETTA COMPANIES – Meriden, Connecticut

Carabetta Property Management is a leading property management company committed to providing exceptional residential services. We specialize in managing a diverse portfolio of Market Rate properties, including those dedicated to low-income housing. Our mission is to enhance the quality of life for residents and communities while maintaining operational excellence. We are currently seeking an experienced and dynamic Vice President of Property Management to lead and expand our growing team.

The Vice President of Carabetta Property Management will oversee all aspects of our property management operations, including strategic planning, day-to-day management, budgeting, and compliance. This leadership position will require a strong background in both general property management and specific experience in managing low-income housing projects, including LIHTC and section 8 properties. The ideal candidate will have a proven track record of leadership, operational efficiency, and a passion for improving the quality of life for residents in low-income communities.

The responsibilities of the Vice President are:

Lead and manage the property management department, ensuring smooth operations across the portfolio.

Develop and execute strategic plans to grow and enhance property performance.

Oversee property budgets, financial performance, and reporting.

Ensure compliance with federal, state, and local regulations, particularly those related to low-income housing programs (e.g., HUD, Section 8, LIHTC).

Foster positive relationships with residents, community leaders, contractors, and other stakeholders.

Manage leasing, including marketing and rent increase implementation, maintenance, and capital improvement activities for properties.

Provide leadership, mentorship, and professional development to property management staff.

Collaborate with senior leadership to develop long-term strategies and initiatives.

The Qualifications of the Vice President are:

Experience: Minimum 10 - 15 years of experience in property management, with at least 10 years in a leadership role.

Low-Income Housing: Strong background in managing low-income housing properties, including knowledge of regulatory programs and compliance (e.g., HUD, Market, Section 8, Vouchers and LIHTC).

Leadership: Proven ability to lead and manage teams effectively, with a focus on operational excellence and high-quality service.

Financial Acumen: Solid understanding of property budgeting, financial analysis, and reporting.

Communication Skills: Exceptional communication and interpersonal skills, with the ability to interact effectively with staff, residents, and external partners.

Education: Bachelor’s degree in real estate, Business Administration, or a related field (master’s degree preferred).

Strong problem-solving and decision-making capabilities.

Ability to navigate complex regulatory environments.

Passion for affordable housing and community development.

Experience with property management software and technology.

Knowledge of best practices in property maintenance and resident relations.

Compensation & Benefits:

Competitive salary, commensurate with experience.

Comprehensive benefits package (health, dental, vision, retirement plans).