Senior Property Manager (HQ)
About the role
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. 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.
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