What are the responsibilities and job description for the Regional Property Manager position at Clear Investment Group?
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
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
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; 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
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
- 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.
Salary : $120,000 - $150,000
