Full-Time

Property Manager

Updated on 3/11/2025

Ares Management

Ares Management

1,001-5,000 employees

Global alternative investment management firm

Mid, Senior

Company Does Not Provide H1B Sponsorship

Lyndhurst, NJ, USA

Category
Real Estate
Real Estate Property Management
Required Skills
Customer Service
Requirements
  • 3-5 years of property management experience handling customer service and administrative issues related to real estate management.
  • Experience supervising, directing, and managing vendor partners.
  • Experience managing and property level financial planning and reporting.
  • Experience managing maintenance capital projects.
  • Proficiency in standard real estate related software programs
  • Ability to communicate effectively with tenants, vendor partners and internal teams.
  • Ability to interpret property -level and corporate documents such as tenant leases, building plans and related specifications, operating and maintenance instructions, and policy manuals.
  • BA or BS in Finance, Real Estate, Business Management; CPM/RPA designation preferred.
Responsibilities
  • Establishing and monitoring budgets.
  • Providing a high-level of customer service to tenants.
  • Managing vendor partners.
  • Supporting the asset management team.
  • Working closely with other departments within the firm to maximize results.
  • Executing a high level of customer service to tenants within the portfolio through a sense of urgency with responding to tenant requests, and actively meeting and engaging with tenants on a regular basis.
  • Ensuring that the move-in/move-out process within their assigned portfolio is being executed timely and efficiently.
  • Actively engaging with tenants to maintain low levels of accounts receivables through regular contact, processing of collection notices, and tenant account management.
  • Executing a high level of support to local asset management teams to minimize downtime of vacant units and to maximize tenant retention.
  • Actively managing service contracts to leverage scale, to minimize costs, and to consolidate vendors partners across the portfolio.
  • Touring properties within the assigned portfolio on a regular basis to ensure properties are being maintained to ARES property standards, liabilities are being minimized, and capital projects and other property level projects are being completed in accordance with budget and timing.
  • Completing the annual budget and 10-year capital planning process for the assigned portfolio, in accordance with internal timing expectations, to ensure accurate property- level operating and capital expenses and a complete 10-year capital plan.
  • Actively managing financial performance through expense approvals, strategic property-level spending, monthly financial reporting, property level variance reporting, and expense accrual submittals.
  • Ensuring that the onboarding and offboarding of properties through acquisitions/dispositions is coordinated efficiently with the transaction's teams.
  • Supporting company-wide ESG goals by collecting and tracking utility consumption, submitting utility data to regulatory agencies as required, and coordinating with tenant and vendor partners to implement sustainability initiatives.
Desired Qualifications
  • CPM/RPA designation preferred.

Ares Management is a global alternative investment manager that offers a variety of investment solutions across different asset classes, such as credit, private equity, real estate, and infrastructure. The company works with a wide range of clients, including institutional investors, corporations, and high-net-worth individuals, providing both primary and secondary investment opportunities. Ares Management's investment strategy focuses on generating consistent returns by adapting to various market conditions and leveraging a collaborative approach. The company aims to provide flexible capital to support businesses and create value for stakeholders and communities. Ares Management earns revenue through management fees, performance fees, and investment income from its managed funds.

Company Size

1,001-5,000

Company Stage

IPO

Total Funding

$3.4B

Headquarters

Chicago, Illinois

Founded

1997

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Simplify's Take

What believers are saying

  • Increased demand for private credit solutions boosts Ares Management's credit offerings.
  • Growing interest in infrastructure investments aligns with Ares Management's asset class focus.
  • Rising popularity of secondary market transactions benefits Ares Management's expertise.

What critics are saying

  • Increased competition in private credit market from firms like HPS and Goldman Sachs.
  • Potential overexposure to real estate market poses risks if downturns occur.
  • Reliance on debt financing may be risky if interest rates rise or credit conditions tighten.

What makes Ares Management unique

  • Ares Management offers diverse investment solutions across credit, private equity, and infrastructure.
  • The firm provides flexible capital to support businesses and create stakeholder value.
  • Ares Management leverages a collaborative investment approach for consistent returns across market cycles.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Employee Assistance Program

Commuter Benefits

Mental Health Support

Family Planning Benefits

Fertility Treatment Support

Paid Sick Leave

Paid Holidays

Paid Vacation

New Parent Leave

Emergency Backup Care

Education Sponsorship Program

Matching Gift Program

Wellness Program

Flexible Work Hours

Hybrid Work Options

Company News

MarketBeat
Mar 9th, 2025
Raymond James Financial Inc. Makes New Investment in Ares Management Co. (NYSE:ARES)

Raymond James Financial Inc. makes new investment in Ares Management Co. (NYSE:ARES).

News Updates 24
Mar 7th, 2025
Private equity group Sycamore to take Walgreens private in up to $24bn deal

Sycamore has secured more than $10bn of debt financing from banks and private credit lenders, including Ares Management, HPS Investment Partners, JPMorgan Chase and Goldman Sachs.

MarketBeat
Mar 1st, 2025
FFT Wealth Management LLC Makes New $349,000 Investment in Ares Management Co. (NYSE:ARES)

FFT Wealth Management LLC makes new $349,000 investment in Ares Management Co. (NYSE:ARES).

Business Wire
Feb 25th, 2025
Ares Management Upsizes Tempus Debt Facilities to $560 Million

Combined with $260 million of capital provided in 2022 and 2023, Ares Credit funds have provided Tempus a total debt package of approximately $560 million.

The Real Deal
Feb 16th, 2025
The Daily Dirt: Manhattan BP rejects Related's casino pitch

Private Equity firm Ares Management purchased a 75 percent stake in the nearly 400-unit apartment building from developer Mitsui Fudosan.