Peak Properties
Peak Properties is hiring: Community Manager in Arlington Heights
Peak Properties, Arlington Heights, IL, United States, 60005
Overview
Peak Properties is seeking a Community Manager to lead operations at a large, new construction apartment community located in Arlington Heights, IL. This leadership role involves overseeing all aspects of property operations, including tenant relations, staff supervision, maintenance coordination, and financial management.
Responsibilities
- Tenant Relations
- Work closely with the leasing team to process new applications and communicate with future residents on move-in instructions.
- Be the primary point of contact for residents on lease renewals, general complaints, lease questions, and collections.
- Process, update, and maintain detailed tenant information in CRM (Yardi/RentCafé).
- Create and coordinate resident events, newsletters, and community notifications.
- Leadership & Team Management
- Manage an onsite team of 5+ people, which may include but are not limited to: Assistant Property Managers, Building Engineers, Janitors, and Service Technicians.
- Ability to recruit, train, and retain staff.
- Facilities Management
- Regularly inspect property and units and coordinate repairs, inspections, and certificates as needed.
- Work with maintenance team on scheduling & assessing work orders, collect and document vendor updates, and facilitate new bids from contractors.
- Maintain organized documentation of all mechanical equipment (make, model, serial numbers) along with a detailed preventative maintenance log with notes on historical maintenance issues & associated repair costs.
- Financial Reporting & Operational Oversight
- Create, manage, and report on property financials (monthly variance analysis, annual budget preparation, etc.) and property operations (leasing updates, tenant feedback, building events, etc.).
- Practical understanding of operating expenses and revenue management strategies with the ability to articulate their impact on NOI.
- Participate and lead recurring meetings with ownership.
- Work closely with management & ownership to implement new revenue strategies and participate in ad-hoc projects as instructed by management.
- Ensure compliance with management agreement.
Qualifications
- Proven lease-up & revenue management experience with large, new construction multifamily assets (200+ units) highly preferred.
- Quantifiable track record of driving absorption, managing marketing strategy, and achieving leasing targets.
- Exceptional organizational skills with a strong attention to detail.
- Demonstrated leadership in building, managing, and motivating high-performing onsite teams (leasing, maintenance, assistant managers, etc.).
- Strong command of multifamily financials, including budgeting, forecasting, P&L management, and NOI optimization.
- Proficient in property management systems (preferably Yardi) and Microsoft Excel.
- Familiarity with technical building systems.
- Strategic thinker with sound judgment and independent decision-making ability aligned with ownership objectives.
- Experience with compliance & reporting on affordable units (ARO, IHO, etc.).
- Bachelor’s degree in Business Administration, Real Estate, or related field preferred; CAM, CPM, or ARM designation a plus.
- Ability to access emails on weekends and be available to resolve time-sensitive issues outside of normal business hours as needed.
- Active Illinois real estate broker license.
Compensation & Benefits
- Base salary range of $100,000-$115,000 based on experience.
- Potential bonus eligibility. Actual bonuses, if any, are awarded at the discretion of the Company.
- Health, dental, vision care, life insurance, and long-term disability coverage options
- 401k participation
- PTO
- Company-paid holidays, birthday, and sick time.