Property Manager

About Faropoint:

People. Relationships. Technology.

These are the three pillars that have made our group among the fastest-growing industrial real estate private equity companies, and one of the 50 largest owners in the U.S.

People: We are constantly seeking driven and intelligent people to help facilitate our exponential growth. The people in our company feature a specific culture and DNA – We move fast, are very agile, but also very thorough and data driven. Working at Faropoint will be in a dynamic environment that would be exciting and highly beneficial for your career.

Relationships: Our employees, partners, investors, and other stakeholders are always top of mind. Since we are consistently growing, there are always new opportunities for career advancement and new relationships to foster. The shoes that need filling just get bigger and bigger. All you need to do is demonstrate initiative and lead, and we will be right there next to you to support and help think through complex challenges. Within a relatively short period of time, you will witness that we trust your judgment to make big decisions on behalf of Faropoint and our business partners, as well as take charge of large projects and initiatives. That is the kind of relationship we have with our employees. We know our expectations are high, and we offer a competitive compensation package accordingly.

Technology: We continuously implement technological solutions to increase efficiency, transparency, and accuracy across our business units. Real Estate is considered a ‘conservative’ industry with common practices that do not always fit 21st century needs. Working at Faropoint will allow you to gain exposure to new, cutting-edge technology tools that provide us the ability to run fast, streamline processes, and add value to all stakeholders.

About the Role:
As a Property Manager, you will be responsible for overseeing the day-to-day operations of a portfolio of industrial properties. This role involves performing administrative tasks, such as phone support and report preparation, coordinating maintenance and construction activities, and managing lease administration. Additionally, you will assist with transaction analysis for new acquisitions and provide support with monthly and quarterly investor reporting. This position offers a flexible hybrid work structure, with the expectation of at least three days per week in our Chicago office. This person must also be willing/able to travel to properties in the region on a regular basis.

Responsibilities:

• Perform the administrative functions of the property management/asset management team. This may include: phone support, typing reports, updating tech platforms, record keeping and tenant relations. 
• Assist with conducting transaction analysis and due diligence workflows for new acquisitions and onboarding new properties. 
• Maintains 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.
• Monthly travel to properties in Ohio. 

About you: 

• 2-5 years of experience as a Assistant Property Manager for commercial real estate. 
• Experience with industrial assets (preferred but not required). 
• Bachelor’s Degree in Real Estate, Finance, Accounting, or related field (preferred but not required).
• Knowledge of the Chicago Real Estate Market (preferred but not required). 

About Our Benefits:

• Competitive base salary.
• Health insurance options including Medical, Dental, Vision, Life, Short-term Disability and Long-term Disability, with majority of premiums covered by Faropoint.
• 401(k).

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.