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Peak Properties

Peak Properties is hiring: Community Manager in Arlington Heights

Peak Properties, Arlington Heights, IL, United States, 60005

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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.
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