Area Vice President

Job DetailsJob Location: 400 LOCUST STREET SUITE 790 - DES MOINES, IA 50309Position Type: Full Time (30+ hours per week)Education Level: Not SpecifiedSalary Range: $140,000.00 - $165,000.00Travel Percentage: Up to 50% Job Shift: Day Monday - FridayJob Category: ManagementArea Vice President

Reports To: Senior Vice President of Operations

Who We Are

At B.HOM Student Living, we are more than just a property management company—we create communities where people thrive. With a growing national footprint, we are building something special and looking for experienced leaders who are passionate about developing teams, driving portfolio performance, and delivering exceptional results for our residents, clients, and partners.

We live our core values every day:

People-First Service
Accountability
Empowerment
Grit & Perseverance
Diversity, Inclusion & Belonging

Position Summary

The Area Vice President provides strategic and operational leadership for a portfolio of B.HOM Student Living communities. This senior leadership role is responsible for maximizing portfolio performance through strong financial management, operational execution, leadership development, asset strategy, and client partnership.  This role requires a highly experienced, hands-on portfolio leader who can independently assess performance, identify risks and opportunities, develop data-driven strategies, and hold regional leadership accountable for execution and measurable results.

The Area Vice President establishes measurable business objectives, oversees annual budgeting and capital planning, monitors property and regional performance, and develops Regional Managers and other operational leaders. This position also partners across the organization on acquisitions, due diligence, capital initiatives, and other strategic priorities while maintaining strong relationships with ownership and investment partners.

What You'll Do

Portfolio Leadership & Strategy

Provide strategic leadership and direction for an assigned portfolio of student housing communities
Establish measurable business goals and performance expectations for regional and property leadership
Regularly evaluate portfolio performance and identify opportunities to improve operational and financial results
Drive consistency, accountability, and execution of B.HOM standards across assigned communities
Maintain awareness of market, competitive, and organizational trends that may impact portfolio performance
Partner with senior leadership to execute company strategies and operational priorities

Leadership & Team Development

Lead, coach, develop, and mentor Regional Managers and other operational leaders
Recruit and select strong leadership talent in partnership with Human Resources
Establish clear performance expectations and accountability across the portfolio
Conduct performance evaluations and provide ongoing coaching and development
Build leadership bench strength and support succession planning
Foster a culture of collaboration, accountability, development, and operational excellence
Lead Regional Managers as senior business leaders, ensuring they demonstrate strong command of their portfolios, proactively identify issues, bring forward solutions, and consistently execute against established financial and operational objectives.
Develop leaders who can independently analyze performance, make sound business decisions, and drive results through their teams.

Financial & Asset Performance

Lead the annual budgeting and financial planning process for assigned communities
Review monthly financial statements, forecasts, budget variances, and property performance
Identify opportunities to increase revenue, control expenses, and maximize NOI
Evaluate portfolio performance across purchasing, utilities, ancillary income, operating expenses, and other key financial drivers
Review and recommend capital expenditures based on property and ownership objectives
Partner with internal teams and ownership representatives regarding significant financial and capital matters

Property Operations

Monitor operational performance across assigned communities and develop strategies to address areas requiring improvement
Ensure core business processes and operational standards are effectively implemented throughout the portfolio
Review leasing, marketing, occupancy, and revenue strategies
Conduct regular property visits and inspections to evaluate physical condition, operations, and opportunities for improvement
Ensure appropriate action plans are developed and executed when communities are not meeting established expectations

Client & Ownership Relationships

Build and maintain strong relationships with owners, asset managers, investors, and other business partners
Serve as a senior operational representative of B.HOM with assigned clients
Provide clear, timely, and strategic communication regarding portfolio and property performance
Understand ownership objectives and align operational strategies with investment goals
Participate in client meetings, business reviews, and strategic planning discussions
Represent B.HOM professionally and effectively with internal and external stakeholders

Acquisitions & Strategic Initiatives

Support due diligence and operational planning for new acquisitions and management transitions
Partner with appropriate departments on acquisition, refinancing, and other asset-related initiatives
Assist with evaluating potential investments, operational needs, and capital requirements
Support tax assessment, insurance, financing, and other asset-related activities as appropriate
Lead or participate in strategic initiatives and special projects that support organizational growth

Additional Responsibilities

Travel throughout the assigned portfolio to provide hands-on leadership and operational support
Partner cross-functionally with corporate departments to achieve portfolio and organizational objectives
Perform other duties as assigned to support business needs and company growth

What We're Looking For

Required Skills & Qualifications

Minimum of 10 years of progressive property management experience.
Minimum of 5 years of regional, multi-site, or portfolio-level leadership experience with direct accountability for multiple communities and operational leaders.
Minimum of 5 years of student housing experience, including regional or portfolio-level operational leadership.
Demonstrated experience leading and developing Regional Managers, Regional Directors, or comparable multi-site leaders.
Demonstrated experience leading complex, geographically dispersed portfolios with accountability for financial performance, operational execution, leasing performance, and leadership development.
Proven ability to independently identify performance gaps, analyze underlying data, develop actionable strategies, and drive execution through completion.
Demonstrated experience improving underperforming or challenged assets through measurable operational and financial results.
Strong financial acumen with demonstrated command of budgeting, forecasting, variance analysis, NOI, revenue management, expense controls, capital planning, and asset-level financial performance.
Substantial experience working directly with ownership groups, asset managers, investors, and/or institutional clients, including presenting portfolio performance, financial results, business plans, and corrective strategies.
Demonstrated ability to manage and develop leaders who manage other leaders, including performance management, succession planning, and organizational development.
Strong operational, analytical, and strategic problem-solving capabilities.
Excellent written, verbal, presentation, and executive communication skills.
Ability to operate effectively in a high-accountability, fast-paced environment with limited day-to-day direction while managing multiple portfolio priorities.
Proficiency with Microsoft Office Suite and property management technology.
Ability to travel approximately 50% or as needed to support the portfolio.

Preferred Qualifications

Bachelor’s degree in Business Administration, Management, Real Estate, or a related field, or equivalent relevant experience.
CAM, CAPS, or other relevant property management certification.
Experience with Entrata, Yardi, or similar property management platforms.
Experience with acquisitions, due diligence, property transitions, and capital planning.

Work Schedule

Primarily Monday–Friday
Extended hours, evenings, and weekends may be required based on business needs
Approximately 50% travel, or as needed, throughout assigned markets and communities

Physical Requirements

Ability to travel frequently by automobile and airplane
Ability to walk and inspect apartment communities, including units, common areas, grounds, and operational spaces
Ability to remain at a workstation and use a computer for extended periods
Ability to communicate effectively in person, virtually, by phone, and in writing
Ability to occasionally lift up to 30 lbs.
Ability to work in professional office and outdoor property environments
Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions

Why Join B.HOM?

Competitive compensation + performance-based bonus opportunities
Comprehensive benefits package (medical, dental, vision)
401(k) with company match
12-weeks Paid Parental Leave
Company Paid Sabbatical Leave
12 company-paid holidays
Birthday holiday
Paid Time Off — Starting at 120 hours per year
Sick and safe time
Short- and long-term disability insurance
Pet insurance options
Career growth opportunities within a growing national organization
A people-first culture focused on leadership, development, and success

 
EOE EmployerB.HOM is proud to be an Equal Employment Opportunity Employer. We are committed to fostering an inclusive environment that celebrates diversity and empowers our team members to succeed. Compensation varies based on experience, location, and market conditions.