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Director of Property Management (Investment Property Management Division)
Career Insights for Property Manager
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Scorecard
Based on Illinois data
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What they do
A Property Manager manages operations for an apartment building or complex. Recruits and screens tenants for apartments, collects rents and security deposits, responds to requests or complaints from tenants, supervises maintenance and repairs; oversees payment of bills, insurance, taxes and recordkeeping. Manages property and services on behalf of a community association, for properties such as condominiums or cooperatives. Collects fees or dues, responds to requests or complaints, supervises maintenance, oversees work done by contractors, and provides accounting of income and expenses. May also assist owners or a board of directors with regulatory compliance or compliance with community association rules. Manages the operation of commercial or residential properties. Oversees the collection of rents and payment of bills, taxes and insurance for properties, and provides property owners with reports on finances and the status of properties. Directs leasing operations, or equipment and machinery rentals, for a company or business. Determines charges and prepares rental or lease agreements; supervises inventory, equipment maintenance and recordkeeping for leasing operations.
$72,257 / year median in Illinois
+4% projected growth
Job Description
This is a leadership role:
the Director will spend time managing people and process as well as managing day-to-day assets. You will be responsible for a diverse portfolio of assets, including about 900 rental units, leaning toward larger multi-family and commercial properties. Properties range from single condos and multi-unit walk ups, to strip malls and office buildings. We provide services to individual landlords and financial institutions.The role will be exposed to many different properties and provides a well-rounded career, while providing a challenging work environment at the same time - experience leading people and properties through transitional periods is valued as much as steady-state portfolio management. The ideal candidate will be a self-starter who's friendly, adaptable, detail-oriented, ambitious, professional, operationally disciplined, and able to multitask. This is a great opportunity to join a diverse team that embodies hard work and fun in the workplace. A genuine interest in real estate or property management is a MUST! The position will include a wide variety of responsibilities including: Owning the division's operating budget and approaching people management as a financial discipline tied to portfolio performance Responsible for full-scope property management services and management of the division including promoting ownership value and profitability of assigned portfolio Establishing and maintaining the workflows, templates, performance standards, and KPIs used across the division Guiding properties and staff through transitional periods with a focus on stabilization during turnover Manage, hire, coach and train other property management division staff Asset Management of currently owned company real estate as well as overseeing lease drafting and tenant screening standards across the portfolio Market and sell PRG Management and Pearson Realty Group's services Overseeing interaction with tenants & owners, maintenance personnel, engineers etc. Overseeing lease drafting and tenant screening standards across the portfolio Coordinating with the maintenance staff and third party vendors Overseeing property inspections, contract review, and maintenance scheduling across the team Coordinating with utility vendors Support overseeing tenant & owner ledgers to ensure timely collections