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Regional Property Manager

clearinvestmentgroup

This job is closed: the employer no longer lists it.

Skills

Required

  • stabilizing distressed assets
  • P&L statements
  • budget variances
  • improve property NOI
  • leasing
  • property reporting

Preferred

  • Property Management
  • Monitor property performance
  • maximize occupancy and revenue
  • budgeting
  • bidding process
  • coordinating with on-site staff

Access to 401k Health & dental insurance PTO and Holidays Overview: We are seeking a Regional Property Manager interested in working for a growing and dynamic firm. This position oversees the firm’s sub portfolios, leads on-site staff, and develops operational systems that promote each property toward stabilization. The ideal candidate is initiative-taking and drives projects through to completion. The ability to work in a fast-paced, high-stress environment is key, but so is a sense of camaraderie: our team values working collaboratively. We are looking for candidates who possess the qualities of an Ideal Team Player.

About clearinvestmentgroup

Clear Investment Group is a boutique real estate investment firm in Chicago specializing in rehabilitating and stabilizing distressed multi-family assets.

We are based in Chicago, with portfolios across the Midwest, South, and Northeast.

With a focus on acquiring distressed properties, we aim to improve communities by investing in local real estate.

Get it Done 2.

We want someone who is Humble, Hungry, and Smart.

Humble – someone with experience who can learn and grow

Hungry – someone who wants drive results, create new standards and who constantly wants to improve Smart – someone who is people and business smart and able to collaborate well with a diverse team of people

Responsibilities

  • Ride the Wave 3.
  • Add Value 4.
  • Included but not limited to: Property Management Oversee the daily operations for a handful of multifamily portfolios, 300-1200 units each Monitor property performance and implement strategies to maximize occupancy and revenue.
  • Develop, implement, and maintain processes for all facets of portfolio management: collections, leasing, maintenance, budgeting, and property reporting

both Section 8 and other state funded programs

  • Oversee capital improvement projects, including bidding process, coordinating with on-site staff and current residents, timeline and project management, and reporting to company leadership
  • Lead the quoting and binding process for property-level insurance coverage Property Assessment: Conduct thorough assessments of distressed properties to identify issues and necessary repairs.
  • Develop strategies for property improvement and stabilization.
  • Hire, train, and manage all on-site, property staff: property managers, leasing agents, and maintenance crew members Conduct performance evaluations and provide ongoing feedback.
  • Foster a positive and productive work environment.
  • Coordinate maintenance and repair activities to ensure properties meet quality standards.
  • Supervise contractors and maintenance staff to complete necessary tasks.
  • Implement preventive maintenance programs to reduce future issues.
  • Maintain effective communication with property owners, stakeholders, and other relevant parties.
  • Serve as a liaison between property management and other departments within the organization.

Requirements

  • Regional Property Manager Department: Asset Management Reports to: Director of Property Management Job Type: 50% in office (based in Chicago Loop); 50% Travel (could vary depending on projects/needs)
  • Seasoned (10+ years) property manager with experience in stabilizing distressed assets (Class C); experience taking over unstabilized portfolios and/or receiverships is a must Significant leadership and management experience (5+ years) with a proven ability to recruit, train, and supervise talented property teams
  • Proven ability to read and analyze property-level financial statements, including P&L statements and budget variances; can implement specific initiatives that improve property NOI Strong operational mind: ability to create, implement, and maintain processes for all facets of property management: collections, leasing, maintenance, and property reporting
  • Excellent communicator; able to professionally and compassionately work with colleagues, direct reports, vendors, and residents

Proficient in Microsoft Office products, including

  • Excel, Word, and Outlook Familiarity with Yardi Voyager and RentCafe a major plus
  • Ability to lift 50+lbs and walk-up multiple flights of stairs

Pay

  • $120,000-$150,000 commensurate with experience
  • Eligible for year-end and performance bonuses