Regional Property Manager - Chicago

Greystar; Chicago (IL); On-site; USD 115,000 - 125,000; Full time

Job summary

A leading global real estate company is seeking a Regional Property Manager to oversee a portfolio of properties in Chicago. This role involves developing effective management strategies, ensuring tenant satisfaction, and optimizing financial returns. Candidates should possess a degree in Business or Real Estate and have proven leadership experience in property management.

Benefits

Health insurance

Paid time off

Onsite housing discounts

Sabbatical program

401(k) matching

Parental leave

Qualifications

• Minimum of 3 years relevant experience.
• Proven leadership experience managing diverse properties.
• Knowledge of real estate laws and market trends.

Responsibilities

• Oversee and manage the performance of a portfolio of properties.
• Collaborate with Community Managers to improve asset performance.
• Implement tenant retention programs to reduce turnover.

Skills

Leadership

Financial Analysis

Communication

Stakeholder Relationship Management

Market Trend Awareness

Education

Bachelor’s or Master’s degree in Business, Real Estate, or related fields

Tools

Yardi

Real Page

MS Office

Job description

About Greystar

Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing, logistics, and life sciences sectors. Headquartered in Charleston, South Carolina, Greystar manages and operates more than $320 billion of real estate in 250 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages more than 1,000,000 units/beds globally, and has a robust institutional investment management platform comprised of more than $79 billion of assets under management, including over $36 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.

Job Description Summary

This role is responsible for overseeing and managing the overall performance and profitability of a portfolio of properties within a designated region. This role involves developing and implementing effective property management strategies, ensuring high tenant satisfaction, and optimizing financial returns for property owners. The Regional Property Manager plays a crucial role in coordinating and leading property management teams, collaborating with various stakeholders, and maintaining a strong understanding of the real estate market trends in the region.

Key Responsibilities

• Ensure the portfolio and individual communities meet operational, financial, and business performance goals by inspecting properties, reviewing reports, and developing action plans.
• Collaborate with Community Managers (CMs) and regional support leaders to improve asset and team performance.
• Implement and champion local and national operational initiatives, ensuring proper adoption across properties.
• Manage budgets to meet or exceed financial targets.
• Prepare and present performance, financial, and market trend reports to ownership and senior management.
• Foster positive tenant relationships and address concerns promptly.
• Implement tenant retention programs to reduce turnover and vacancy rates.
• Develop marketing strategies with leasing teams to ensure optimal occupancy.
• Oversee maintenance programs and ensure properties meet standards and regulations.
• Conduct regular site and safety inspections, communicate needs for capital improvements.
• Implement preventative maintenance plans to extend asset lifespan.
• Stay updated on applicable laws and regulations, ensuring compliance.
• Identify and mitigate risks, securing appropriate insurance coverage.
• Conduct market research to identify opportunities for property improvements and market trend awareness.

Qualifications and Skills

• Bachelor’s or Master’s degree in Business, Real Estate, or related fields preferred.
• Proven leadership experience managing diverse properties.
• Proficiency in property management software (Yardi, Real Page), MS Office, and database tools.
• Strong financial, analytical, and communication skills.
• Knowledge of real estate laws, regulations, and market trends.
• Ability to build and manage stakeholder relationships.
• Minimum of 3 years relevant experience.

Additional Requirements

• Real estate license in specific markets (preferred if applicable).
• Industry certifications (e.g., CPM, CAPS, CAM) are a plus.

Salary range: $115,000 - $125,000. Additional compensation may include bonuses based on performance, with benefits such as health insurance, paid time off, onsite housing discounts, a sabbatical program, 401(k) matching, parental leave, and more.

Employment Details

• Seniority level: Entry level
• Type: Full-time
• Function: Sales and Management