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Property Director Jobs in Springfield, MA (NOW HIRING)

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Property Director information

See Springfield, MA salary details

$42.8K

$112.6K

$193.6K

How much do property director jobs pay per year?

As of Jun 17, 2026, the average yearly pay for property director in Springfield, MA is $112,642.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,200.00 and $144,800.00 per year, depending on experience, location, and employer.

What are the 5 P's of property management?

The 5 P's of property management are Planning, Property, People, Profit, and Promotion. These elements help property managers, including Property Directors, ensure effective oversight, tenant satisfaction, financial performance, and marketing of properties. Mastery of these areas often involves skills in communication, financial analysis, and strategic planning.

What is the difference between Property Director vs Property Manager?

AspectProperty DirectorProperty Manager
ResponsibilitiesOversees multiple properties or portfolios, develops strategic plans, manages senior teamsHandles daily operations, tenant relations, maintenance, and leasing for individual properties
Required CredentialsOften requires advanced degrees or certifications in real estate or property managementTypically requires relevant experience and property management certifications
Work EnvironmentCorporate offices, overseeing multiple sitesOn-site at individual properties or leasing offices
Industry UsageUsed in large real estate firms, property investment companiesCommon in residential, commercial, and retail property management

The main difference between a Property Director and a Property Manager lies in scope and responsibilities. Property Directors focus on strategic oversight of multiple properties and managing senior teams, while Property Managers handle day-to-day operations of individual properties. Both roles require relevant experience, but Property Directors often have higher-level credentials and work in a broader strategic capacity.

How much do property managers get paid per property?

Property managers typically earn a percentage of the monthly rent per property, commonly ranging from 8% to 12%. For larger or more complex properties, management fees may be negotiated as a flat fee or a higher percentage, depending on the scope of services and location.

How does a Property Director typically balance strategic planning with day-to-day operational management?

A Property Director is responsible for both high-level strategy and daily operations, often requiring strong organizational skills to balance these demands. They typically set long-term objectives for property portfolios, such as increasing occupancy or improving tenant satisfaction, while also overseeing teams that manage maintenance, leasing, and financial reporting. Effective Property Directors delegate routine tasks to property managers and support staff, freeing up time to focus on strategic initiatives and stakeholder relationships. Regular communication and clear workflow processes are key to ensuring that both immediate needs and long-term goals are met.

What is a Property Director?

A Property Director is a senior professional responsible for overseeing the management, operation, and strategic direction of a portfolio of properties. They typically handle budgeting, leasing, maintenance, and compliance, ensuring that properties are profitable and well-maintained. Property Directors may work for real estate management firms, large corporations, or property investment companies, and often supervise teams of property managers and support staff. Their role requires strong leadership, financial acumen, and a deep understanding of the real estate market.

What is a managing director in real estate?

A managing director in real estate is a senior executive responsible for overseeing a company's property operations, strategic planning, and business development. They often manage large teams, coordinate with investors, and ensure the profitability of real estate portfolios. Strong leadership, industry knowledge, and experience in property management or development are essential for this role.

What are red flags when hiring property managers?

Red flags when hiring property managers include a lack of relevant experience or references, poor communication skills, and a history of unresolved tenant disputes or legal issues. Additionally, inconsistent employment history or reluctance to provide proof of certifications such as CPM or CAM can indicate potential problems in managing property effectively.

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

To thrive as a Property Director, you need deep knowledge of property management, financial acumen, and experience in real estate operations, often supported by a relevant degree and industry certifications like CPM or RPA. Familiarity with property management software (such as Yardi or MRI), budgeting tools, and compliance systems is typical. Leadership, negotiation, and strong interpersonal skills help in managing teams, tenants, and vendor relationships. These competencies are crucial for maximizing property value, ensuring operational efficiency, and maintaining tenant satisfaction.
What are the most commonly searched types of Property jobs in Springfield, MA? The most popular types of Property jobs in Springfield, MA are:
Infographic showing various Property Director job openings in Springfield, MA as of June 2026, with employment types broken down into 1% As Needed, 83% Full Time, 15% Part Time, and 1% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $112,642 per year, or $54.2 per hour.
Property Manager

$30.10 - $41.21/hr

Full-time

Posted yesterday


Community Renewal Team rating

5.3

Company rating: 5.3 out of 10

Based on 6 frontline employees who took The Breakroom Quiz


Job description

JOB DESCRIPTION

POSITION TITLE:  Property Manager

DEPARTMENT:     Operations

FLSA STATUS:       Exempt

PAY GRADE:          13

REPORTS TO:        Senior Director of Administration

GENERAL DESCRIPTION OF DUTIES

The purpose of this position is to support the Agency’s needs by planning, managing and supervising the day-to-day operation and fiscal management of the agency’s residential multifamily properties. The Property Manager is accountable for all day-to-day operations of the property, including but not limited to financials, rent collections, occupancy, coordinating maintenance requests for the properties, and tenant income certifications and re-certifications. The Property Manager is also responsible for ensuring the property is at all times in compliance with Fair Housing laws, Federal Low Income Housing Tax Credit and/ or HUD voucher program (including project based voucher) rules/regulations/procedures, as well as Management's policies and procedures.

SPECIFIC DUTIES AND RESPONSIBILITIES AND

ESSENTIAL JOB FUNCTIONS

The list of essential functions, as outlined herein, is intended to be representative of the tasks performed within this classification. It is not necessarily descriptive of any one position in the class. The omission of an essential function does not preclude management from assigning duties not listed herein if such functions are a logical assignment to the position.

  • Under the direction of the Senior Director for Administration the Project Manager has full day-to-day operational responsibility for property and fiscal management of designated properties.
  • Establishes reporting procedures, implements and adheres to the compliance reporting requirements for residential properties constructed with HUD HOME funding, LIHTC equity, and funds from the State Department of Housing. 
  • Effectively manage properties to achieve maximum occupancy potential.
  • Administers leases for tenants and properties with HUD vouchers SRAP vouchers,
  • Enhance customer service through quality resident relationships and owner satisfaction.
  • Responds and resolves resident requests, concerns and issues in an effective manner, including questions about repairs, rent, rules, etc.
  • Works with subsidy providers for inspections, change of rents, other housing issues, and oversees leasing.
  • Responsible for record keeping and compliance of written and electronic files.
  • Maintains information in property management system.
  • Responsible for staying up-to-date and training others about issues relevant to housing compliance requirements.
  • Discusses work order issues with residents to verify that problems have been corrected.
  • Responsible for certifying and recertifying tenant income annually and at move out on annual basis, maintaining move in and move out files and voucher change information.
  • Indirectly manages work of facilities and finance department staff in order to ensure work product meets Property Management criteria.
  • Assist with developing an operating budget.
  • Define problems, collect data to establish facts and draw valid conclusions.
  • Collects rents from all tenants at all designated sites.
  • DRAFT all compliance reports as it relates to Property Management.
  • Identify growth opportunities and lead department to achieve broader organization goals.
  • Completed monthly dashboards to monitor property performance, including financial and occupancy performance.
  • Complete tenant files in compliance with LIHTC, HOME and Certified Occupancy requirements, where applicable, for pending applicants, occupants and former occupants of 62 units of Federal LIHTC or State funded apartment units between 2017 and the present.
  • Confirm compliance by tenants with eligibility requirements, income and rent limits.
  • Adhere to all applicable state and federal regulation regarding leasing of housing financed by the Low-Income Housing Tax Credit housing program.
  • Provide report of corrections and action required to mitigate.
  • Identify and correct file deficiencies.
  • Meet with residents to review necessary corrections. Advise of documentation required to cure deficiencies, assist with collection of third-party documentation as needed and execute corrected certification and lease documents with residents.
  • Complete past due and current resident income recertification's to assure continued LIHTC, HOME and rental subsidy program compliance.
  • Prepare certification and recertification documents as required.
  • Organize and purge resident files in accordance with funder file requirements.
  • Establish agency property management leasing, occupancy and tenant recertification policies and procedures, including forms and form letters.
  • Performs all other duties as assigned.

MINIMUM SKILLS, TRAINING AND EXPERIENCE

Education: Bachelor degree preferred. Education may be substituted for years of equivalent experience.

Minimum Years of Experience: Minimum of six (6) years Property Management experience and three to five (3-5) years of experience as a Certified Occupancy Specialist and a Low-Income Housing Tax Credit Specialist required.

Active Certification in Good Standing:  Certified Occupancy Specialist and a Low-Income Housing Tax Credit Specialist required.

Demonstrated Skills:  Superior customer service skills and organizational skills. Ability to meet deadlines. Proficiency with property management software (Boston post Property Manager preferred), word processing, spreadsheets, e-mail.

Knowledge: Federal, state and local safety regulations.

Driving Required:    YES                 Agency Vehicle:   NO              Employee’s Own Vehicle: YES

Active Driver License in good standing required upon hire and throughout employment.  Â