Regional Vice President - Northeast

Overview

Prime Group Holdings
, LLC, a vertically-integrated private equity real estate firm specializing in self storage and other alternative real estate asset classes, has an exciting opportunity for a talented Regional Vice President - Northeast.

With$6.7billion in assets under management
, Prime Group is among the
largest private owners and operators of self-storage properties globally
, with a portfolio of
320+ self-storage assets
across
28 U.S. states
,
three Canadian provinces
, and theU.S. Virgin Islands
, totaling
24+ million rentable square feet
. The firm manages
three flagship funds
on behalf of a global investor base, including
Prime Storage Fund III
, the largest self-storage dedicated fund ever raised.

Headquartered in
Saratoga Springs, NY
, Prime Group employs
700+ professionals
and maintains a regional office in
Jupiter, FL and Manhattan, NY
along with investment originations offices in
Denver, CO;
Hackensack, NJ;
Yorktown, VA; and Calgary, Alberta
. The firm’s
21-person senior leadership team
is supported by specialized teams across sourcing and acquisitions, asset and portfolio management, compliance and legal, property management, information technology, transactions and financing, marketing, accounting, training, and other core functions.

Prime Group’s performance is rooted in a culture of
respect, teamwork, ethical business practices, accountability, and persistence
. The firm places significant value on the relationships it has built with customers, employees, investors, and stakeholders. Pitch Book has recognized Prime Group as one of the
top 10 real estate value-add fund managers
in its
2023 Global Manager Performance Score League Tables
.

Position Overview

The Regional Vice President will play a crucial role in driving growth by managing and overseeing regional District Managers, ensuring effective communication between field operation teams and home office departments, and optimizing controllable expenses for maximum operating income. The position involves collaborating with executive leadership on budgeting, developing innovative approaches to enhance revenue growth, and fostering a culture of employee engagement and service excellence.

• Manage regional District Managers while providing support, professional coaching, and effective feedback to increase management performance
• Ensure effective communication between field operation teams and home office departments
• Manage controllable expenses to provide the highest operating income for storage facilities across the United States and Canada
• Manage payroll budgets across field locations spanning multiple countries
• Work directly with COO and EVP of Operations to prepare and create property budgets, capital budgets, operational reviews, expense reports, and other related reports necessary to manage and improve performance
• Develop new and innovative approaches to renting space, expand customer reach, convey value and brand awareness in ways that drive significantly stronger rental activity, revenue growth and value
• Partner with District Managers on field hiring initiatives including but not limited to associate retention programs, training, and staffing trends
• Work closely with Training department to create rollout plans and training material for new company programs and initiatives
• Drive a culture of employee engagement, sales and service excellence across field facilities
• Makes property visits as required to ensure company policy, procedure, and performance expectations are being met
• Collaborate with marketing team to develop future marketing plans for each area and follows up on implementation to achieve the overall marketing goals for the company
• Stay current on the market and the competitive landscape to identify opportunities for growth and expansion

• Minimum of 8 years of experience in operations management within a retail setting or related field is required; self storage experience preferred
• Bachelor’s degree in Business, Management, or similar field; MBA/Master’s is a plus
• Demonstrated experience leading and inspiring a team
• Experience in developing budgets and business plans
• Excellent organizational, communication, and leadership…