Vice President of Property Management
Experience Champaign Urbana - Champaign, IL
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DescriptionHit Apply below to send your application for consideration Ensure that your CV is up to date, and that you have read the job specs first.Who we areFairlawn is a rapidly growing real estate industry leader with approximately 5,500 units and 145 dedicated team members. With corporate offices in both Champaign, Illinois, and Chicago, our team is led by seasoned executives who excel in the acquisition, development, and management of a diverse range of properties across multiple regions in the Midwest. At Fairlawn, we believe in fostering a collaborative and supportive work environment where every team member can thrive and contribute to our shared success.Job OverviewAs the Vice President of Property Management, you will play a pivotal role in shaping the future of our diverse property portfolio, encompassing residential, commercial, and student housing assets. Based in Champaign, this high-impact leadership position offers the opportunity to drive significant operational and financial performance improvements, while fostering a culture of excellence and innovation. Reporting directly to the Chief Operating Officer, you will lead and mentor a large, cross-functional team, champion strategic initiatives, and ensure our properties set the standard for quality and compliance.What will you do?Exemplify the core values of Be Kind, Be Flexible, Own It and Always ImproveLead, manage, and hold accountable large, cross-functional property management teamsFoster a high-performance culture emphasizing teamwork, collaboration, and accountabilityDevelop and execute comprehensive strategic plans for property operations, including optimization of existing processes as well as building and leading the implementation of new processes, establishing goals, objectives, and key performance indicatorsAddress underperforming properties and improve operational efficiency by identifying issues, implementing solutions, and driving sustainable resultsDevelop and execute a comprehensive staffing plan to optimize staffing levels and support the growth and operational needs of the property management portfolioRecruit, develop, and retain top talent within the Property Management Department fostering a culture of excellence and high performanceOptimize property performance through effective lease administration, rent collection, and resident retention strategiesDevelop and manage property budgets and financial forecasts; monitor and analyze financial performance and identify opportunities for improvementImplement best practices for property maintenance, repairs, and capital improvementsTravel to existing properties on a regular basis to connect with our front-line teams, identify potential areas for improvement and implement action plans for sustained high performanceAssist with managing the due diligence and closing processes, including the review and analysis of leases, operating information, legal documentation, property condition assessments, and other property-related informationParticipate on our Senior Leadership Team, collaborating with leaders across various disciplines to address issues and drive the company's strategic prioritiesLeverage technology to streamline operations and improve efficiencyEnsure compliance with all Fair Housing Laws including local, state, and federal housing regulationsPivot, roll up your sleeves and jump in where needed!RequirementsWho you are - We'd love to hear from you if you have the following:An undergraduate degree in a relevant discipline (finance, marketing, business, economics, engineering) is required, with a graduate degree being a plusAt least 10 years of progressive experience in a professional setting, including a minimum of 7 years in real estate (preferably in multi-family property management, but also in development or asset management)Proven team leadership experience with at least 5 years in direct people management, including experience overseeing managers who lead their own teamsSenior leadership experience at another company, demonstrating a track record of driving significant improvements and strategic initiativesIn-depth knowledge of the multi-family property management industry, including current market trends, best practices, and regulatory requirementsStrong financial acumen and analytical skillsExcellent written and verbal communication skills, capable of effectively conveying complex information to diverse stakeholdersProficiency with relevant technology, including property management software and Microsoft Office Suite (intermediate to advanced Excel skills). The ability to quickly adapt to new technologies and drive tech-enabled efficienciesSuperior attention to detail, high energy, and a positive attitude are essentialAbility to work independently and collaboratively with other team membersWillingness to work overtime as needed during high-demand periods and capacity shortagesWhy should you work here?Competitive Pay + Bonus Opportunity. We are ready to invest in you!Medical, Dental, Vision, and Life Insurance - Starting First Day of Employment - to access care for positive health outcomes and your overall wellbeingEmployee sponsored benefits including Short Term Disability, Life Insurance, Critical Illness, Accident, Flexible Spending, and H.S.A. Accounts to avoid costly medical expenses due to gaps and to ensure that all your medical needs are met401(k) Retirement Plan with Match to invest in your future wealth and retirementPaid Vacation, Sick Leave, and Holiday Pay to help you reset and come back rejuvenated and refreshedMonthly company events to promote team cohesionWellness Days to focus on being your best self. We want you to have time to disconnect and recharge in a way that works for youThe opportunity to work for a growing organization where you are valued and can have a direct impactQuarterly off-site meetings with your manager to celebrate wins, issue solve and ensure you are set up for success. Plus, the process is rewarding, and the results are great for your careerSome additional things you will need:Valid driver's license and dependable vehicle. Limited in-town usage of personal vehicle for errands. Any out-of-county personal mileage reimbursed at the Federal rateAbility to travel to properties and for corporate meetings and events. Most travel will be flexible day trips and self-scheduled; however, some trips will require overnight stays and occasional last-minute travelAvailability to work longer hours and weekends during prime leasing season and turnover. Specific dates vary from year to yearMust be able to complete the physical functions of the position which include:Execute tasks independently, maintain concentration/focus on tasksThe ability to communicate information and ideas so others will understand. Must be able to exchange accurate information in these situationsThe ability to observe details at close range (within a few feet of the observer)The ability to communicate orally with customers, vendors, management, and other co-workersOccasionally moving objects up to 15 pounds around the officeWalk and inspect properties and units, mostly indoors with occasional outdoor requirementsRegular use of the telephone and e-mail for communication is essentialHearing, vision, and speaking within normal ranges is essential for normal conversations, to receive ordinary information and to prepare or inspect documentsGood reasoning ability is important. Able to understand and utilize management reports, memos, and other documents to conduct businessThe job is performed mostly indoors in a traditional office setting. Activities include extended periods of sitting while working at a computer and fast-paced operations and eventsFairlawn Real Estate is a fast-growing real estate firm managing approximately 5,500 units throughout Central Illinois and Indianapolis. Our company uses the Entrepreneurial Operating System (EOS) to run and help grow our business - the tools from EOS contribute to finding the right people and putting them in the right roles, effectively solving issues as they arise, and building a culture of accountability. In short, it gets everyone on the same page and working toward the same goals. If you have an ownership mindset and take pride in all the details, joining our team may be perfect for you!We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, marital status, or any other characteristic protected by law.#J-18808-Ljbffr
Created: 2024-10-16