About the role
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 Property 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.