COO- Real Estate & Property Managment (Multifamily Residential)
LA PALMA, CAPosted 30+ days ago
Job summary
Job post source
This job is directly from Friendly Franchisees Corporation/Silver Star Real Estate LLC
Job overview
The COO role at Friendly Franchisees Corporation/Silver Star Real Estate LLC leads operations for their multi-family residential real estate portfolio, focusing on scaling operations and driving asset performance.
Responsibilities and impact
The COO manages multi-family residential operations across multiple states, leads property operations teams, develops business strategies, oversees performance metrics like occupancy and NOI, ensures regulatory compliance, drives process improvements, and maintains vendor relationships.
Compensation and benefits
The compensation ranges from $150,000 to $250,000 based on experience, with benefits including health, dental, vision insurance, and paid time off, within an entrepreneurial and close-knit work culture.
Experience and skills
Candidates need at least 10 years in multi-family residential real estate operations leadership, proven success in occupancy and NOI improvement, strong skills in Yardi and analytics, and experience in fast-paced, family-owned business environments; a bachelor's degree is required, MBA preferred.
Career development
The role offers opportunities to scale operations across markets and develop leadership skills within a fast-growing, entrepreneurial real estate company.
Work environment and culture
The company promotes an entrepreneurial, close-knit culture in a fast-paced, family-owned environment valuing diversity and inclusion.
Company information
Friendly Franchisees Corporation and Silver Star Real Estate LLC are privately held real estate and franchise companies focused on multi-family residential properties across several states.
Team overview
The COO leads regional managers and site-level teams, building and mentoring a high-performing property operations team across California, Texas, and Arizona.
Job location and travel
The position is based in La Palma, CA, and Newport Beach, CA, with responsibilities covering operations in California, Texas, and Arizona.
Unique job features
The role involves strategic executive leadership with direct reporting to the Group COO and CEO, emphasizing operational execution, technology adoption like Yardi, and regular property visits to ensure alignment with company goals.
Company overview
Friendly Franchisees Corporation/Silver Star Real Estate LLC, founded in 1986 and headquartered in La Palma, California, operates in the restaurant and real estate sectors. The company manages a diverse portfolio of food franchise businesses and real estate properties, generating revenue through franchise operations and property management. With a workforce of 1001-5000 employees, it is a privately held entity known for its significant presence in the dining industry.
How to land this job
Position your resume to highlight your extensive experience in multi-family residential property management, emphasizing leadership roles and operational successes in similar environments.
Focus on showcasing your ability to improve occupancy rates, net operating income (NOI), tenant retention, and your proficiency with tools like Yardi and Excel for operational analytics.
Apply through multiple platforms such as Friendly Franchisees Corporation's corporate website and LinkedIn to maximize your visibility and application reach.
Connect with current executives or team members in the real estate and property management divisions at Friendly Franchisees Corporation/Silver Star Real Estate LLC on LinkedIn; use ice breakers like commenting on recent company growth, expressing enthusiasm for their entrepreneurial culture, or asking about their approach to scaling operations.
Optimize your resume for ATS by incorporating keywords from the job description such as 'multi-family property management,' 'NOI improvement,' 'occupancy rate,' 'Yardi,' 'team leadership,' and 'strategic planning' to ensure it passes automated screening effectively.
Utilize Jennie Johnson's Power Apply feature to automate and tailor your applications, identify the best job portals, and discover LinkedIn connections to network with, allowing you to focus on preparing for interviews and strategic career moves.
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