Senior Property Manager
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Senior Property Manager (HQ or Philadelphia)
Hoboken, NJ or Philadelphia, PA
About Faropoint
Established in 2012, Faropoint is a pure play RE fund manager focusing on the last mile industrial sector. Having acquired more than 500 warehouses to date, it is the most active aggregator of warehouses in the US in the past five years. Our platform is built to harness the sector’s fragmentation, operating through 7 regional offices with 120+ employees in vertically integrated teams enhanced by proprietary AI-driven tools, while benefiting from compelling fundamentals like constrained supply growth, reshoring, and e-commerce tailwinds.
Job Summary
The Faropoint Investments Team is expanding, and we are looking for an ambitious and motivated Senior Property Manager to cover our Northeast Region from the Hoboken NJ HQ. The ideal candidate would have 3-6 years of Property Management experience, looking to expand their knowledge and experience to Real Estate Private Equity.
Responsibilities
Help manage and administer capital projects, from bidding and contract setup, through execution and invoicing
Maintain properties by scheduling ongoing routine maintenance. Coordinate maintenance technicians and construction management schedules. Prepare and coordinate bid proposals, service contracts, and invoices. Assist in scheduling tenants’ maintenance requests.
Prepare and code invoices for PM/AM approval. Manage and assist in accounts receivable and accounts payable
Assist in lease administration such as maintaining tenant contacts, tracking insurance, collections, and tracking property inspections
Assist in the leasing process, including market analysis, comparative analysis, and negotiations
Lead workflows conducting transaction analysis and due diligence for new acquisitions and onboarding new properties
Assist on all aspects of industrial real estate appraisals and operational budgets, including rental rates, discounted cash flows, and capital work
Required Qualifications
Ideal candidate will have 3+ years of experience as a Property Manager in the industrial/commercial real estate industry
Bachelor's Degree in Finance, Real Estate or related field
Proficiency in Microsoft Office including advanced Excel skills
Ability to give and take direction and to interface with decision makers in a professional manner while maintaining confidentiality
High learning agilitywith an ability tomanage multiple priorities while workingin a fast-paced and dynamic environment
Demonstratesattention to detail and a high level of accuracy
Self-starter who independently drives projects to completionby self-sourcing information and leveraging all available resources
Willingness to travel 10-15% of the time
Knowledge of finance concepts including an understanding of financial statements
Personal and professional integrity of the highest order required
Location:
Compensation:
This position offers a base salary in the $80,000-$125,000 range, plus discretionary bonus, competitive healthcare benefits, unlimited PTO, and a 401k match
Equal Opportunity Employer
Faropoint is proud to be an Equal Opportunity Employer. We value diversity, and we do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, parental status, disability status, or any other status protected by local law. We believe that our work is better and our company culture is improved when we encourage, support, and respect the different skills and experiences represented within our workforce
AI Notice to Candidates
Faropoint Ventures LLC and its subsidiaries (the \"Company\") and their recruiting vendors may use artificial intelligence and other automated tools (\"AI Tools\") to parse, screen, rank, assess, and summarize resumes/CVs, applications, and interviews. No hiring or rejection decision will be made solely by automated means without meaningful human review by Company personnel, and any use of AI Tools will comply with applicable law, including anti-discrimination laws and laws governing automated employment decision tools and algorithmic decision-making. Personal information you submit will be kept confidential in accordance with our Privacy Policy and used for recruiting, hiring, and related legal, compliance, and recordkeeping purposes, including to evaluate you for employment opportunities with the Company and its affiliates
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