Senior Property Manager (Philadelphia)

Company Overview

Established in 2012, Faropoint is a pure‑play RE fund manager focusing on the last‑mile industrial sector. It has acquired more than 500 warehouses, making it the most active aggregator of warehouses in the US over the past five years. The platform operates through seven regional offices with 120+ employees in vertically integrated teams enhanced by proprietary AI‑driven tools, benefiting from constrained supply growth, reshoring, and e‑commerce tailwinds.

Job Summary

The Faropoint Investments Team is expanding and seeks a Senior Property Manager to cover the Northeast Region from the Philadelphia office. The ideal candidate has 3‑6 years of property‑management experience and wants to broaden knowledge in real‑estate private equity.

Responsibilities

• Help manage and administer capital projects, from bidding and contract setup through execution and invoicing.
• Maintain properties by scheduling routine maintenance; coordinate maintenance technicians and construction schedules.
• Prepare and coordinate bid proposals, service contracts, and invoices.
• Assist in scheduling tenants’ maintenance requests and code invoices for PM/AM approval.
• Manage and assist in accounts receivable and accounts payable.
• Assist in lease administration, including maintaining tenant contacts, tracking insurance, collections, and 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

• 3+ years of experience as a Property Manager in the industrial/commercial real‑estate industry.
• Bachelor’s degree in Finance, Real Estate, or a related field.
• Proficiency in Microsoft Office, including advanced Excel skills.
• Ability to give and take direction and interface with decision‑makers professionally while maintaining confidentiality.
• High learning agility with the ability to manage multiple priorities in a fast‑paced, dynamic environment.
• Strong attention to detail and high accuracy.
• Self‑starter who independently drives projects to completion by sourcing information and leveraging resources.
• Willingness to travel 10‑15% of the time.
• Knowledge of finance concepts and understanding of financial statements.
• Personal and professional integrity of the highest order.

Location

Philadelphia, Pennsylvania

Pay

Base salary range: $80,000 – $125,000, plus discretionary bonus.

Benefits

• Competitive healthcare benefits
• Unlimited PTO
• 401(k) match