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Vesta Corporation

Develops and operates affordable multifamily housing

Regional Manager

Full-TimeUpdated
$100k - $120k+ Performance bonus
Senior
Bachelor's, Associate's
Albany, NY, USA
In PersonFrequent travel between properties in the assigned portfolio is expected.
Real EstateReal Estate Property Management

About the job

Requirements
  • A high school diploma or GED is required.
  • Five years of related experience overseeing multiple locations and management-level employees is required.
  • Experience with the LIHTC Section 42 Housing Program is required.
  • COS and/or CPO certification is required.
  • Experience in a supervisory role or capacity is required.
  • Experience with Microsoft Office Suite and property management software, including proficiency in Yardi, is required.
  • A valid driver's license and clean driving record are required.
  • Successful completion of a background check and drug screening is required.
  • A bachelor's degree in business management or property management is listed as an additional eligibility qualification.
Responsibilities
  • Direct the daily operations of all properties within the portfolio.
  • Support Property Managers in supervising on-site management and maintenance personnel.
  • Hire and develop Property Managers.
  • Support Property Managers in hiring and developing their on-site management and maintenance teams.
  • Ensure budgeted occupancy objectives are met.
  • Manage the financial responsibilities of all portfolio properties, including assisting with annual property budgets.
  • Monitor properties’ compliance activities regarding resident qualifications and recertifications.
  • Review monthly financial performance with Property Managers and prepare projections and action plans for the remainder of the fiscal year.
  • Review occupancy goals with Property Managers and develop action plans to address concerns.
  • Review current rent collections and discuss actions when necessary.
  • Review current rent levels and adjust them where necessary.
  • Monitor and ensure annual rent changes are processed on time.
  • Prepare regulatory compliance reviews and physical inspections, working with Compliance and Physical Plant departments to achieve successful results.
  • Coordinate capital maintenance activities and priorities within each property's budget limits.
  • Review documented capital improvement needs and projects, including bids, contractor references, and insurance liability certificates, in accordance with company standards, and monitor project status.
  • Oversee resident retention initiatives, including resident functions, promotions, monthly newsletters, and participation in National Night Out.
  • Oversee community emergency procedures for criminal activity, natural disasters, and injuries.
  • Provide support and ensure timely responses to internal department requests.
  • Perform other duties as assigned by management.
  • Travel frequently between properties in the assigned portfolio.
Desired Qualifications
  • An Associate's degree is preferred.
  • Bilingual proficiency in English and Spanish is strongly preferred.
  • ARM or CPM designation is preferred.

About the company

Vesta Corporation develops, operates, and owns multifamily and senior rental housing communities, with a focus on affordable housing. It makes strategic real estate investments, then builds, manages, and maintains these properties to create thriving communities for residents while delivering returns to investors and partners. Its approach covers the whole lifecycle of a project—from financing and development to ongoing operations—backed by a track record of over $1 billion in financings and more than 20,000 affordable units across 12 states and the District of Columbia. Compared with others, Vesta emphasizes acting as developer, owner, and manager in one integrated effort, leveraging a long history of financing and hands-on management to meet the needs of residents, partners, and local communities. The company’s goal is to exceed expectations for investors, residents, and community stakeholders, and to grow the supply of safe, affordable housing while generating solid returns.

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Simsbury, Connecticut

Founded

1981

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Simplify Jobs

Simplify's Take

What believers are saying

  • MLK Apartments opened in Hartford in 2026, adding 155 affordable units.
  • Longfellow Senior Housing in Cleveland continues leasing 80 senior apartments and amenities.
  • The Camelot ribbon-cutting in West Hartford reinforces Vesta's Connecticut market credibility.

What critics are saying

  • Vesta depends on LIHTC, HUD, and state subsidies; funding freezes stall pipelines.
  • Construction and entitlement delays on public projects compress returns and damage reputation.
  • A prolonged affordable-housing financing crunch would choke new starts and threaten Vesta's model.

What makes Vesta Corporation unique

  • Historic adaptive reuse like Longfellow and MLK Apartments creates rare, preserved affordable housing.
  • Vesta pairs senior housing expertise with multifamily development, leasing, and on-site resident services.
  • The Camelot and MLK openings prove execution with nonprofit and state-financed partnerships.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Company Match
  • Unlimited Paid Time Off
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays
  • Tuition Reimbursement
  • Pet Insurance
  • Employee Assistance Program
  • Long & Short-Term Disability Insurance

Company News

Cleveland Magazine
Nov 8th, 2023
Collinwood School Turns Into Senior Living Community

Vesta Corporation of Connecticut, a Connecticut-based real estate firm that specializes in the acquisition, development and management of multi-family affordable housing communities, acquired the Longfellow school property earlier this year.