Property Manager at Coastal Ridge

Des Plaines, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

15 Jun, 26

Salary

0.0

Posted On

17 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Success, Revenue Improvement, Cost Management, Leasing Production, Market Knowledge, Rent Collection, Legal Adherence, Team Leadership, Mentoring, Recruiting, Resident Service, Retention, Operational Reporting, Risk Management, Problem Solving, Adaptability

Industry

Real Estate

Description

What You’ll Do: As a Property Manager, you will lead the overall operations of your community, ensuring exceptional service delivery to residents and achieving the property’s financial and operational goals. You will foster a positive and collaborative work environment, provide guidance to your team, and champion our core principles to create a thriving community. This is a full-time, exempt position reporting to the Regional Manager. Where You’ll Work: Welcome to The Monarch, a luxury apartment community in Des Plaines, IL. Our community offers studio, one-, two-, and three-bedroom options that redefine modern comfort. Enjoy seamless connectivity with easy access to I-294 and I-90 while being close in proximity to O’Hare International Airport and Chicago Executive Airport. Explore nearby attractions like the Allstate Arena, Rosemont Entertainment District, Rivers Casino, and Golf Mill Shopping Center. The Des Plaines River Trail is right at your doorstep for outdoor enthusiasts. Inside the apartment, our residents will find wood-style plank floors, granite countertops, stainless steel appliances, and a NEST thermostat. Enjoy the luxury of walk-in closets with custom-built shelving, a full-size washer and dryer, and master bath's heated tile floor and 19-inch TV mirror. What You’ll Own: * Drive the financial success of the property by achieving monthly, quarterly, and annual goals, maximizing net operating income through effective revenue improvement strategies and cost management. * Lead and participate in all aspects of leasing production, including administration, marketing, and maintaining competitive market knowledge to maximize rental income and ensure budgeted occupancy levels. * Oversee and participate in all aspects of timely rent collection, manage delinquency rates, and adhere to landlord/resident laws, including executing necessary legal actions. * Cultivate and support a high-performing team by training, mentoring, and holding team members accountable for their roles and responsibilities while fostering a positive and engaging work environment. * Recruit, hire, and develop team members, addressing performance concerns and maintaining team alignment with company policies and goals. * Deliver superior service to residents by monitoring service request completion, maintaining aesthetic standards, and proactively addressing resident concerns to enhance retention. * Manage operational reporting requirements, ensuring accuracy and timely submission of all regular and ad-hoc reports. * Identify and communicate both operational and financial risks to corporate management and collaborate to effectively establish corrective action plans, as needed. * Serve as the primary point of contact between the corporate office and property and interact with investors as necessary. * Promote and model adaptability, encouraging innovation and solutions-oriented thinking to meet the evolving needs of the community. * Perform other responsibilities as assigned. What You’ll Bring: * High school degree or equivalent required, bachelor’s degree in Property Management, Business or related field preferred. * Must have or be willing to obtain all licenses and/or certifications as required by State and Local jurisdictions. * 3 – 7 years of progressive experience in a conventional housing property management role, with at least one year as a Property Manager preferred. * Experience with property management systems such as Entrata, Onesite, or Yieldstar preferred. * Proficiency in Microsoft Excel, including experience creating formulas, sorting, and filtering data. * Strong leadership, communication, and problem-solving skills with a passion for driving team success. Our Company: Built on the foundation of over 20 years of friendships, Coastal Ridge is a vertically integrated multifamily real estate operator, investor, and developer whose unique approach successfully combines data and experience. Supported by over 800 real estate professionals with deep sector expertise, we have quickly grown into a leader in the multifamily industry. Our values are based on relationships and driven by honesty, integrity, and trust. What You’ll Get: As a Coastal Ridge Real Estate associate, you’ll be eligible to participate in a variety of benefit programs designed to fit you and your lifestyle. We are committed to providing competitive and comprehensive benefits that align with our culture and the needs of our associates.

Responsibilities

The Property Manager will drive the financial success of the community by achieving income goals through revenue improvement and cost management, while also leading all aspects of leasing production and ensuring budgeted occupancy levels. Responsibilities include overseeing timely rent collection, managing delinquency, adhering to landlord/resident laws, and cultivating a high-performing team through training and mentoring.