Associate, Asset Management

Faropoint • Chicago, IL

51d • $75,000 - $100,000 • Onsite

About The Position

The Faropoint Investments Team is expanding, and we are looking for an ambitious and motivated Asset/Property Manager to join our Chicago office. The ideal candidate would have 2-5 years of Property and/or Asset Management experience, looking to expand their knowledge and experience to Real Estate Private Equity.

Requirements

• Ideal candidate will have 2+ years of experience as an Asset/Property Manager in the industrial/commercial real estate industry.
• Bachelor's Degree
• Proficiency in Microsoft Office including advanced Excel skills.
• Ability to give and take direction and to interface with decision makers in a professional manner while maintaining confidentiality.
• High learning agility with an ability to manage multiple priorities while working in a fast-paced and dynamic environment.
• Demonstrates attention to detail and a high level of accuracy.
• Self-starter who independently drives projects to completion by 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.

Nice To Haves

• Knowledge of the Midwest market including Chicago, Cincinnati, and Columbus is preferred.

Responsibilities

• Perform the administrative functions of the property management/asset management team. This may include: phone support, written 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.

Benefits

• This position offers a base salary in the $75,000-$100,000 range, plus discretionary bonus, competitive healthcare benefits, unlimited PTO, and a 401k match.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 101-250 employees