Property Manager

Who We Are: 

5T Management is a growing multi-family real estate investment and property management company that owns and manages multi-family residential and commercial real estate assets in the Chicago area. We believe in making communities better! 

We are seeking a Property Manager to support the 5T Management headquarters team, located in Chicago. Candidates with 5+ years of working knowledge of the property management/real estate industry are preferred. 

About the Role: 

Under the direction of the Senior Property Manager, the Property Manager is responsible for all phases the community operations and team performance. The Property Manager must manage to the companies’ objectives and property operating budget, with the primary goals of increasing the cash flow, achievement of budget, maintaining the physical asset and providing a quality living environment with superb customer service for residents. The Property Manager will assist the leadership team in positively impacting the lives of our residents, and communities we serve.  This role will establish and maintain a positive and productive working relationship with the property’s team members and ensure site is in compliance with all regulatory requirements.  Our goal is to maximize asset value, enrich the resident experience and manage the property like ‘it’s our own’!.  

The successful candidate will have at least four years of property management experience and two years of supervisory, preferably in the Chicagoland area and a strong mix of property management skills, attention to detail, customer service and Yardi skills 

Essential Functions 

• Leading the team and embodying the 5T Guiding Principles; effectively manage, train talent within the team and encourage team engagement. 


• Managing day-to-day operations of the portfolio and meeting property objectives by staying abreast of all aspects of the portfolio and all competitors;   


• Effectively lease units, develop and implement a marketing strategy for portfolio; Demonstrate financial acumen by optimizing GPR; training teams on effective cost control methods; monitor all revenue transactions.  


• Manage upkeep of the property by regularly inspecting properties in the portfolio, enforce terms of lease agreement and effectively manage resident relations. 


• Ensure that team meets all compliance standards in a timely and accurate manner 


• Participate in property status meetings with owners and effectively communicate with 5T’s Leadership. 


• Prepare weekly and monthly reports and effective coordination with internal departments. 

Competencies 

• Strong Communication Proficiency (oral and written) 


• Leadership and Interpersonal skills: ability to influence others, build relationships, and work effectively with others in the organization 


• Customer service skills & the ability to create a customer focused culture 


• Strong Analytical skills; must have demonstrated strong problem solving and quantitative abilities 


• Strong financial/accounting skills 


• Ability to adapt to changing priorities 


• Teamwork Orientated 


• Time Management Skills 


• Knowledge of property management principals 


• Ability to read benchmark reports and discern areas of opportunity and create adjustments in appropriate areas 


• Ability to understand operational goals and create tactics and measurements required to meet/exceed the goals 

Other duties 

Please note this job posting is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. 

Benefits We Offer: 

Our firm offers competitive compensation, 401K, medical benefits and paid vacation with excellent opportunities for growth for the right person. 

Work authorization/security clearance requirements 

Employee must be legally authorized to work in the United States. 

Affirmative Action/EEO statement 

5T Management is an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, religious dress or grooming, genetic information, national origin, sex, sexual orientation, pregnancy, childbirth, age, physical or mental disability, military or veteran status, or any other status protected by law. It is our intention that all qualified applicants be given equal opportunity and that selection decisions be based on job-related factors.