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Director Of Property Operations information

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$34K

$107.7K

$179.5K

How much do director of property operations jobs pay per year?

As of Jul 5, 2026, the average yearly pay for director of property operations in the United States is $107,680.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,500.00 and $135,500.00 per year, depending on experience, location, and employer.

What does a Director of Property Operations do?

A Director of Property Operations is responsible for overseeing and managing the day-to-day operations of one or more properties, such as commercial buildings, residential complexes, or hotels. Their duties typically include supervising staff, ensuring maintenance and safety standards are met, managing budgets, and coordinating with vendors and tenants. They play a key role in optimizing property performance, enhancing tenant satisfaction, and ensuring compliance with regulations. This position often requires strong leadership, organizational, and communication skills.

Is a director of operations a high position?

A director of property operations is a high-level leadership role responsible for overseeing the management and performance of property portfolios. It typically involves strategic planning, team management, and decision-making authority, making it a senior position within an organization. The role often requires extensive experience and industry knowledge.

What is the difference between Director Of Property Operations vs Property Manager?

AspectDirector Of Property OperationsProperty Manager
ResponsibilitiesOversees multiple properties, strategic planning, and high-level operationsManages day-to-day operations of a single property or portfolio
CredentialsExperience in property management, leadership, possibly real estate or business degreesReal estate license or property management certification often preferred
Work EnvironmentCorporate offices, overseeing teams and property portfoliosOn-site at properties, interacting directly with tenants and staff
Industry UsageUsed in large real estate firms, property management companies, real estate developmentCommon in residential, commercial, and retail property management

The main difference is that the Director Of Property Operations focuses on strategic, high-level oversight across multiple properties, while a Property Manager handles daily operations of individual properties. Both roles require property management experience, but the scope and responsibilities differ significantly.

How much does a director of operations make in real estate?

A Director of Property Operations in real estate typically earns between $80,000 and $150,000 annually, depending on the size of the portfolio, location, and experience. They oversee property management teams, optimize operational efficiency, and often require strong leadership and industry certifications.

What is the highest paying job in property management?

The highest paying roles in property management often include senior executive positions such as Vice President of Property Operations or Chief Operating Officer, which oversee large portfolios and strategic planning. These roles typically require extensive experience, strong leadership skills, and industry certifications, and they can offer six-figure salaries depending on the size and location of the organization.

What is a director of property operations?

A director of property operations is a senior management professional responsible for overseeing the daily functions of real estate properties, including maintenance, leasing, and financial performance. They develop strategies to improve property value, ensure compliance, and lead teams, often requiring experience in property management and relevant certifications. The role typically involves managing budgets, implementing operational policies, and coordinating with stakeholders.

What are the key skills and qualifications needed to thrive as a Director of Property Operations, and why are they important?

To thrive as a Director of Property Operations, you need comprehensive knowledge of property management, budgeting, facility maintenance, and regulatory compliance, typically supported by a degree in business, real estate, or a related field. Familiarity with property management software (like Yardi or MRI), building automation systems, and relevant certifications such as CPM (Certified Property Manager) are often required. Strong leadership, problem-solving, and communication skills help you manage teams, vendors, and tenant relationships effectively. These skills ensure smooth property operations, cost control, and high tenant satisfaction, which are critical for long-term asset value.

How does a Director of Property Operations typically collaborate with other departments to ensure smooth facility management?

A Director of Property Operations works closely with departments such as maintenance, housekeeping, finance, and leasing to coordinate property management activities. Regular meetings and cross-functional planning help align operational goals with budget constraints, tenant satisfaction, and compliance requirements. This collaborative approach ensures that maintenance schedules, capital improvements, and tenant requests are efficiently managed, promoting a seamless experience for residents or tenants. Strong communication and leadership skills are crucial for fostering teamwork and addressing any interdepartmental challenges that arise.
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Director Of Property Operations jobs near you
Infographic showing various Director Of Property Operations job openings in the United States as of June 2026, with employment types broken down into 86% Full Time, and 14% Part Time. Highlights an 92% Physical, 1% Hybrid, and 7% Remote job distribution, with an average salary of $107,680 per year, or $51.8 per hour.
Director of Commercial Operations

Director of Commercial Operations

Denholtz Properties

Red Bank, NJ • On-site

$150K - $185K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 13 days ago

Job description

Director of Commercial Operations
Location: Red Bank, NJ (non-remote, light travel required)
Reports to: SVP, Head of Asset Management
Status: Full-time, Exempt
Compensation: $150,000 to $185,000 annual salary + bonus
About the Role
The Director of Commercial Operations will provide strategic leadership and oversight for the day-to-day operations of a national commercial real estate portfolio primarily small-bay industrial properties, along with select office and flex assets. Reporting to senior leadership, this role is responsible for driving portfolio performance through the effective management of property management personnel, operational processes, tenant relationships, capital projects, and property-level financial results.
The Director of Commercial Operations will lead a team of regional and property management professionals, establish operational best practices, and ensure consistent execution across multiple markets. Working closely with Asset Management, Leasing, Accounting, and Investor Relations teams, the Director will play a key role in maximizing asset value, enhancing tenant satisfaction, controlling expenses, and supporting the execution of portfolio and investment strategies.
In addition to operational leadership, the Director will champion technology adoption, process improvement initiatives, and strategic AI-enabled solutions that enhance reporting, decision-making, scalability, and operational efficiency across the platform.
Key Responsibilities
  • Provide leadership and oversight for all property management and operational activities across a national commercial real estate portfolio, ensuring consistent execution of company objectives and operating standards.
  • Manage, mentor, and develop a team of property managers, regional managers, and operational support personnel, fostering accountability, professional growth, and high performance.
  • Establish and maintain operational policies, procedures, and best practices to ensure consistency, scalability, and service excellence across all markets.
  • Partner with Asset Management to develop and execute property-level business plans and value creation strategies.
  • Oversee property operations to maximize occupancy, tenant retention, operating performance, and overall asset value.
  • Monitor key performance indicators across the portfolio and implement corrective action plans when operational or financial performance falls below expectations.
  • Lead annual operating budget preparation and ongoing forecasting processes in coordination with Asset Management and Accounting teams.
  • Review and approve operating expenses, service contracts, and property-level expenditures while maintaining strong cost controls and financial discipline.
  • Oversee vendor procurement, contract negotiations, and service provider performance to ensure quality service and cost efficiency.
  • Ensure timely collection of rents and receivables while minimizing delinquencies and bad debt exposure.
  • Maintain oversight of tenant relations, lease administration, renewals, move-ins, move-outs, and tenant satisfaction initiatives.
  • Coordinate with Leasing teams to support marketing efforts, vacancy reduction strategies, tenant retention initiatives, and market positioning.
  • Oversee capital improvement programs, tenant improvement projects, maintenance initiatives, and property inspections.
  • Ensure compliance with all lease obligations, lender requirements, regulatory requirements, safety standards, insurance requirements, and company policies.
  • Collaborate with Acquisitions, Asset Management, and Construction teams during property acquisitions, dispositions, refinancings, and transition activities.
  • Develop portfolio-wide operating benchmarks and identify opportunities to improve efficiency, reduce costs, and enhance tenant experience.
  • Utilize data analytics and reporting tools to monitor performance, identify trends, and support strategic decision-making.
  • Evaluate and implement property technology platforms, workflow automation tools, and AI-enabled solutions that improve operational efficiency, reporting accuracy, tenant communications, and portfolio oversight.
  • Lead special projects and strategic initiatives designed to improve operational scalability and support continued portfolio growth.
  • Prepare operational reports, presentations, and recommendations for senior leadership, investment committees, lenders, and ownership groups.

Qualifications & Experience
  • Bachelor's degree in Business, Real Estate, Finance, or a related field required.
  • 8-12+ years of progressive commercial real estate operations or property management experience, including leadership responsibility for multi-property portfolios.
  • Demonstrated experience managing geographically dispersed portfolios, preferably including industrial, flex, and office assets.
  • Prior experience leading and developing property managers, regional managers, and support personnel across multiple markets.
  • Strong understanding of commercial property operations, lease administration, budgeting, tenant relations, capital projects, and vendor management.
  • Proven track record of improving operating performance, controlling expenses, increasing tenant retention, and driving portfolio-wide operational efficiencies.
  • Experience working closely with asset management, leasing, accounting, construction, and investment teams within an institutional real estate environment.
  • Strong financial acumen with the ability to analyze operating statements, budgets, forecasts, variance reports, and key performance metrics.
  • Experience overseeing annual budget preparation and portfolio forecasting processes.
  • Proficiency with commercial property management systems, including Yardi, as well as Microsoft Excel and PowerPoint.
  • Exceptional leadership, communication, organizational, and relationship management skills.
  • Ability to manage multiple priorities and teams across diverse geographic markets while maintaining attention to detail and execution excellence.
  • Strong analytical and problem-solving abilities with a proactive and solutions-oriented approach.
  • High level of personal and professional integrity, sound judgment, and accountability.
  • Willingness to travel periodically to portfolio markets and company offices as required.

What We Offer
  • Competitive salary and bonus potential
  • Comprehensive benefits package including medical, dental, and vision insurance
  • 401(k) with employer match
  • Paid vacation, sick time and company holidays
  • Creative and collaborative culture

Pay Range: $150,000 - $185,000 per year

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