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How much do vice president multifamily jobs pay per year?

As of Aug 16, 2026, the average yearly pay for vice president multifamily in the United States is $157,532.00, according to ZipRecruiter salary data. Most workers in this role earn between $115,000.00 and $190,000.00 per year, depending on experience, location, and employer.

What does a Vice President Multifamily do?

A Vice President Multifamily oversees the strategy, operations, and financial performance of a company's multifamily real estate portfolio. They lead teams responsible for property acquisitions, asset management, leasing, and development to ensure profitability and growth. This role involves collaborating with investors, stakeholders, and internal teams to optimize occupancy rates and rental income. Additionally, they monitor market trends and regulatory changes to make informed business decisions.

What are the key skills and qualifications needed to thrive as a Vice President Multifamily?

To thrive as a Vice President Multifamily, you need extensive experience in multifamily real estate management, financial analysis, and strategic leadership, often supported by a bachelor's or master's degree in business, real estate, or a related field. Familiarity with property management software (such as Yardi or RealPage), budgeting tools, and industry certifications like CPM or CCIM can be highly beneficial. Excellent communication, negotiation, and team-building skills are essential for managing large teams and maintaining client relationships. These competencies are crucial for overseeing multifamily property portfolios, driving profitability, and ensuring operational excellence in a competitive real estate market.

What are some common challenges faced by a Vice President Multifamily, and how can they be addressed?

A Vice President Multifamily often encounters challenges such as navigating market fluctuations, managing large and diverse teams across multiple properties, and balancing the needs of residents with financial objectives. Proactive communication, data-driven decision-making, and the implementation of efficient property management systems are key strategies for overcoming these hurdles. Additionally, keeping up with regulatory changes and fostering a strong company culture are important for sustained success. Addressing these challenges effectively allows the VP to maximize portfolio performance and maintain high resident satisfaction.

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Vice President Multifamily jobs near you
Infographic showing various Vice President Multifamily job openings in the United States as of August 2026, with employment types broken down into 93% Full Time, 6% Part Time, and 1% Contract. Highlights an 90% Physical, 4% Hybrid, and 6% Remote job distribution, with an average salary of $157,532 per year, or $75.7 per hour.

Senior Vice President of Multifamily Construction

Kimmel & Associates

Montgomery, AL • On-site

$275K - $300K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 26 days ago

Job description

About the Company
Based in Tampa, FL, our client is an established and rapidly expanding contractor with a strong reputation for delivering high-quality multifamily and mixed-use developments throughout the Southeast. Known for its entrepreneurial culture and commitment to operational excellence, the company has built lasting partnerships with developers, owners, and investment groups by consistently delivering complex projects on schedule and within budget.
As the company continues its aggressive growth strategy, it is investing in executive leadership to strengthen its multifamily division and position the organization for long-term expansion across multiple markets.
About the Position
We are conducting a confidential search for an accomplished Senior Vice President of Multifamily Construction to lead one of the company's fastest-growing business units in Tampa, FL. This executive will be responsible for directing all aspects of multifamily construction operations, overseeing multiple regional teams, and developing the operational infrastructure needed to support continued geographic expansion.
Reporting directly to executive leadership, the SVP will provide strategic oversight while maintaining accountability for operational performance, financial results, client satisfaction, and leadership development. This individual will play a critical role in shaping the future of the organization by mentoring operational leaders, improving execution across multiple offices, and implementing scalable systems that drive consistency and profitability.
The successful candidate will have extensive experience leading large multifamily construction organizations, managing full P&L responsibility, and overseeing multiple concurrent projects and regional operations.
Key responsibilities include:
  • Lead and grow multifamily construction operations across several Southeast markets.
  • Oversee full operational and financial performance, including P&L accountability.
  • Develop and mentor Regional Managers, Operations Managers, Project Executives, and other senior leaders.
  • Establish scalable operational processes that support continued company growth.
  • Build and maintain strong relationships with developers, owners, and strategic clients.
  • Drive operational excellence through consistent project execution, safety, quality, and financial performance.
  • Collaborate with executive leadership on business planning, market expansion, and long-term growth initiatives.
  • Ensure successful delivery of ground-up multifamily and mixed-use developments from preconstruction through closeout.

Requirements
  • 15+ years of progressive leadership experience in multifamily construction.
  • Proven executive leadership experience overseeing large regional or multi-state construction operations.
  • Demonstrated success with full P&L responsibility for significant construction business units.
  • Extensive background leading ground-up multifamily and mixed-use developments ranging from approximately $10 million to $50 million.
  • Experience managing multiple offices, business units, or geographic regions.
  • Strong ability to recruit, develop, and retain high-performing operational leadership teams.
  • Exceptional client relationship and business development skills.
  • Strategic mindset with the ability to build systems, improve processes, and scale operations.
  • Bachelor's degree in Construction Management, Engineering, or a related discipline is preferred but not required.
  • Must currently reside in or be willing to relocate to the Tampa, Florida area. Candidates throughout Florida, Alabama, and Georgia are encouraged to apply.

Benefits
  • Base salary $275,000-$300,000
  • Performance-based annual bonus
  • Equity opportunity
  • Comprehensive medical, dental, and vision insurance
  • Retirement savings plan
  • Paid vacation and holidays
  • Executive-level benefits package
  • Relocation assistance for qualified candidates
Kimmel & Associates logo

About Kimmel & Associates

Sourced by ZipRecruiter

Kimmel & Associates, based in Asheville, NC, US, is recognized as the premier leader in the executive search and recruitment industry. The company, in operation since 1981, serves numerous industries including construction, supply chain, waste, and recycling, specialty contractors, and private equity. Utilizing their exceptional knowledge and robust industry connections, they assist clients by filling crucial executive and managerial roles that directly impact business performance and growth. The company is guided by a strong corporate philosophy centered on respect, listening, humility, and continuous improvement. Their mission is to foster enduring relationships and to help industries thrive by connecting the brightest talent with superior companies.

Industry

Recruiting and staffing services

Company size

51 - 200 Employees

Headquarters location

Asheville, NC, US

Year founded

1981

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