Property Manager (Chicago)
Chicago, IL - USA
Job Summary
About Faropoint
Meaningful Relationships. Ownership. Curiosity. Tenacity.
Established in 2012 Faropoint is a pure play RE fund manager focusing on the last mile industrial sector. Having acquired more than 500 warehouses to date it is the most active aggregator of warehouses in the US in the past five years. Our platform is built to harness the sectors fragmentation operating through 7 regional offices with 120 employees in vertically integrated teams enhanced by proprietary AI-driven tools while benefiting from compelling fundamentals like constrained supply growth reshoring and e-commerce tailwinds.
Job Summary
The Faropoint Investments Team is expanding and we are looking for an ambitious and motivated Property Manager to join our Chicago office. The ideal candidate would have 2-5 years of Property Management experience looking to expand their knowledge of Real Estate Private Equity.
Responsibilities
- Assist with conducting transaction analysis and due diligence workflows for new acquisitions and onboarding new properties.
- Maintain properties by scheduling ongoing routine maintenance and enforcing rules of occupancy.
- Develop analytical tools to allow leadership to better understand the state of the portfolio and streamline work processes. Assist in lease administration such as maintaining tenant contacts tracking insurance and tracking property inspections.
- Coordinate maintenance technicians and construction management schedules. Prepare and coordinate bid proposals service contracts and invoices. Assist in scheduling tenants maintenance requests.
- Prepare and code invoices for PM/AM approval. Manage and assist in accounts receivable and accounts payable.
- Assist with monthly and quarterly reporting to investors.
Required Qualifications
- Ideal candidate will have 2 years of experience as a Property Manager in the industrial/commercial real estate industry.
- Bachelors Degree in Real Estate Finance Accounting or related field.
- Proficiency in Microsoft Office including advanced Excel skills.
- Knowledge of the Atlanta market
- Ability to give and take direction and to interface with decision makers in a professional manner while maintaining confidentiality.
- High learning agilitywith an ability tomanage multiple priorities while workingin a fast-paced and dynamic environment.
- Demonstratesattention to detail and a high level of accuracy.
- Self-starter who independently drives projects to completionby self-sourcing information and leveraging all available resources.
- Willingness to travel 10-15% of the time
- Knowledge of finance concepts including an understanding of financial statements.
- Personal and professional integrity of the highest order required.
What We Offer
This position offers a base salary in the $85000-$110000 range plus discretionary bonus competitive healthcare benefits unlimited PTO and a 401k match.
Equal Opportunity Employer
Faropoint is proud to be an Equal Opportunity Employer. We value diversity and we do not discriminate on the basis of race religion color national origin gender sexual orientation age marital status veteran status parental status disability status or any other status protected by local law. We believe that our work is better and our company culture is improved when we encourage support and respect the different skills and experiences represented within our workforce.
AI Notice to Candidates
Faropoint Ventures LLC and its subsidiaries (the Company) and their recruiting vendors may use artificial intelligence and other automated tools (AI Tools) to parse screen rank assess and summarize resumes/CVs applications and interviews. No hiring or rejection decision will be made solely by automated means without meaningful human review by Company personnel and any use of AI Tools will comply with applicable law including anti-discrimination laws and laws governing automated employment decision tools and algorithmic decision-making. Personal information you submit will be kept confidential in accordance with our Privacy Policy and used for recruiting hiring and related legal compliance and recordkeeping purposes including to evaluate you for employment opportunities with the Company and its affiliates.
Required Experience:
Manager
About Company
Faropoint is a tech-enabled investment manager focused on small-bay industrial real estate across major U.S. markets. Vertically integrated from sourcing to disposition.