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Full-Time

Regional Property Manager

Chicago IL

Updated on 10/3/2024

Tripalink

Tripalink

51-200 employees

Affordable furnished housing and property management

Real Estate
Social Impact

Compensation Overview

$110k - $130kAnnually

+ Annual Incentive + Comprehensive Benefits

Senior, Expert

Chicago, IL, USA

Position is onsite in Chicago, IL.

Category
Real Estate
Real Estate Property Management
Required Skills
Communications
Management
Requirements
  • 8-10 years of property management experience with managing multiple apartment building at the same time.
  • Excellent organizational and problem-solving skills with strong attention to detail
  • Capable of operating Appfolio and different management or accounting software
  • Capable of effectively handling multiple projects simultaneously
  • Capable of visiting to different sites to perform inspections and regular communications with tenants.
  • Excellent verbal and written communication skills, including report writing skills
  • Excellent time management skills and the ability to prioritize work
  • Availability to travel 20% of the time
Responsibilities
  • Assists in developing the annual budget(s) for the properties comprising the assigned portfolio, and oversees attainment of budgeted goals by analyzing and evaluating financial statements, reconciling monthly statements against approved budget, and working with the accounting team, Directors, client/owner, and others to address and resolve gaps in the financial performance of the portfolio.
  • Ensures that the portfolio and individual communities meet the established operational, financial, and business performance goals by inspecting properties, reviewing financial, market, and operational reports, and developing and implementing appropriate action plans to achieve results.
  • Provides leadership to the team of property and leasing managers by interviewing, hiring, and training team members, and by managing their performance in accordance with Company policies, values, and business practices. Oversees the appropriate and adequate staffing at each community and assists HR with the acquisition, development, and management of community team members.
  • Promotes client satisfaction and retention through timely reporting and on-going communication about the performance of the properties, and responds quickly and with urgency to client/owner concerns, questions, issues, and requests.
  • Reviews, analyzes, and interprets market data to identify emerging trends that may impact the performance of the portfolio, and works with the community managers and others to develop and implement market plans that drive occupancy and revenue growth.
  • Ensures that the appearance and physical aspects of the properties meet the Company’s and owner’s established standards through routine site and safety inspections, and communicates concerns and requests for capital as needed to provide for the physical upkeep of each property in the portfolio.
  • Coordinates work activities and services from vendors, consultants, and other contractors as needed by researching and identifying needs, negotiating contracts, monitoring progress, processing invoices, and ensuring open communication between consultants and Company project team members.
  • Completes various human resources, financial, administrative, and other reports and analysis, and performs other duties as assigned or as necessary.

Tripalink creates modern living experiences by offering affordable, furnished housing options for young professionals and students in urban areas. Their properties range from studio apartments to multi-bedroom homes, all ready for immediate move-in. The company simplifies the leasing process through technology, providing virtual tours and online lease signing, which makes it easy for tenants to secure a home. Tripalink stands out from competitors by focusing on community-building among residents through events and activities, enhancing the living experience. Their goal is to make finding and moving into a new home seamless and stress-free, while also ensuring high occupancy rates and tenant satisfaction for property owners.

Company Stage

Series B

Total Funding

$58M

Headquarters

Burbank, California

Founded

2016

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Recognition as #58 on Forbes' list of America's Best Startup Employers 2022 highlights Tripalink's strong workplace culture and growth potential.
  • The recent $30M Series B+ funding round provides significant capital for expansion and technological advancements.
  • Tripalink's innovative approach to property management and leasing can lead to high occupancy rates and tenant retention, driving steady revenue growth.

What critics are saying

  • The competitive nature of the urban rental market requires continuous innovation to maintain a competitive edge.
  • Reliance on technology for leasing and property management could pose risks if there are technical failures or cybersecurity threats.

What makes Tripalink unique

  • Tripalink's focus on affordable, fully furnished housing options specifically targets young professionals and students, setting it apart from traditional property management companies.
  • The integration of technology in the leasing process, including virtual tours and online lease signing, offers a seamless and modern experience for tenants.
  • Tripalink's emphasis on community-building through events and activities enhances tenant satisfaction and creates a unique living experience.