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Regional Property Manager

Regional Property Manager

Clear Investment GroupChicago, IL, US
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Job Description

Job Description

Company Overview

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. Our companies Core Values are :

  • Get it Done         2. Ride the Wave              3. Add Value      4. Exhibit Passion

Job Title : Regional Property Manager

Department : Asset Management

Reports to : Director of Asset Management

Job Type :  50% in office (based in Chicago Loop); 50% Travel (could vary depending on projects / needs)

Compensation and Benefits

  • Base Salary : $120,000-$150,000 commensurate with experience
  • Eligible for year-end and performance bonuses
  • Access to 401k
  • Health & dental insurance
  • Generous PTO policy
  • 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. 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

    About you :

  • 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
  • Core Responsibilities :

    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
  • Coordinate with rental assistance programs : 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.
  • Staff Management :

  • 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.
  • Maintenance and Repairs :

  • 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.
  • Communication :

  • Maintain effective communication with property owners, stakeholders, and other relevant parties.
  • Serve as a liaison between property management and other departments within the organization.
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    Regional Property Manager • Chicago, IL, US

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