Aqua Property Manager – Chicago, Illinois - Magellan Development Group


Aqua Property Manager – Chicago, Illinois

Magellan Development is seeking a highly motivated Property Manager to oversee the operations of Aqua, a 474-unit, luxury, high-rise apartment building located in the Lakeshore East neighborhood of Chicago.

The Property Manager will be responsible for the performance, operations, and facilities management of the property by:

  • Ensuring the property is meeting the established operational, financial, and business goals.
  • Developing and managing multiple annual budgets and true ups while increasing net operating income and managing expenses.
  • Financial reporting to various stakeholders.
  • Analyzing the market and establishing strategies for property success.
  • Managing bid process and contract negotiation.
  • Overseeing capital improvement projects.
  • Ensuring that the appearance and physical aspects of the properties meet the Company’s and owner’s established standard.
  • Providing leadership to the on-site team to include Administrative, Leasing, Maintenance and Doorstaff.
  • Promoting client satisfaction and retention.

The ideal candidate will possess:

  • 5+ years of multi-family management experience with mixed-use experience preferred.
  • Experience with Reciprocal Easement Agreements (REAs) a plus.
  • Effective communication and presentation skills both written and verbal, formal and informal
  • Familiarity with Fair Housing practices, laws and ensuring agency guidelines are followed
  • Extensive experience in creating the budget for overall property operations
  • Superior customer service and multi-tasking skills
  • Knowledge of industry specific software programs such as Yardi, RealPage, YieldStar, etc.
  • General computer and software skills, including strong knowledge of Adobe suite, Microsoft Office, and Outlook
  • Licensed Illinois Real Estate Broker
  • Bachelor’s degree from an accredited institution, or equivalent experience.

Magellan offers competitive compensation and a comprehensive benefit package in an exciting work environment.