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Regional Property Manager

Clear Investment Group

Chicago, IL

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JOB DETAILS
JOB TYPE
Full-time
LOCATION
Chicago, IL
POSTED
30+ days ago
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:
  1. 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 
  • 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. 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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About the Company

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Clear Investment Group