Clear Investment Group

Workforce housing-focused real estate investor

Regional Property Manager

Real Estate Property ManagementConfirmed live in the last 24 hours

Full-timeWashington, DC, USA

About the Job

Requirements

At least 10 years of property management experience, including stabilizing distressed Class C assets; experience taking over unstabilized portfolios and/or receiverships is required.
At least 5 years of significant leadership and management experience, with the ability to recruit, train, and supervise property teams.
Ability to read and analyze property-level financial statements, including profit-and-loss statements and budget variances, and implement initiatives that improve property net operating income.
Ability to create, implement, and maintain processes for collections, leasing, maintenance, and property reporting.
Ability to work professionally and compassionately with colleagues, direct reports, vendors, and residents.
Proficiency in Microsoft Office, including Excel, Word, and Outlook.
Ability to lift more than 50 pounds and walk up multiple flights of stairs.

Responsibilities

Oversee daily operations for multifamily portfolios of 300–1,200 units each.
Monitor property performance and implement strategies to maximize occupancy and revenue.
Develop, implement, and maintain processes for portfolio management, including collections, leasing, maintenance, budgeting, and property reporting.
Coordinate with Section 8 and other state-funded rental assistance programs.
Oversee capital improvement projects, including bidding, coordination with on-site staff and current residents, timeline and project management, and reporting to company leadership.
Lead the quoting and binding process for property-level insurance coverage.
Assess distressed properties to identify issues and necessary repairs, and develop improvement and stabilization strategies.
Hire, train, and manage on-site property managers, leasing agents, and maintenance crew members.
Conduct performance evaluations and provide ongoing feedback.
Foster a positive and productive work environment.
Coordinate maintenance and repairs to ensure properties meet quality standards.
Supervise contractors and maintenance staff in completing necessary tasks.
Implement preventive maintenance programs to reduce future issues.
Maintain effective communication with property owners, stakeholders, and other relevant parties.
Serve as a liaison between property management and other organizational departments.

Desired Qualifications

Familiarity with Yardi Voyager and RentCafe.

Company Overview
Clear Investment Group is a boutique real estate investment firm in Chicago specializing in rehabilitating and stabilizing distressed multi-family assets. We are based in Chicago, with portfolios across the Midwest, South, and Northeast. With a focus on acquiring distressed properties, we aim to improve communities by investing in local real estate. Our companies Core Values are:

Get it Done 2. Ride the Wave 3. Add Value 4. Exhibit Passion

Job Title: Regional Property Manager- DC Market
Department: Asset Management
Reports to: Director of Property Management
Job Type: 100% Onsite - Based in Washington DC; Travel (could vary depending on projects/needs)
Compensation and Benefits

Base Salary: $120,000-$150,000 commensurate with experience
Eligible for year-end and performance bonuses
Access to 401k
Health & dental insurance
PTO and Holidays

Overview:
We are seeking a Regional Property Manager located in the Washington DC Market interested in working for a growing and dynamic firm. This position oversees the firm’s sub portfolios, leads on-site staff, and develops operational systems that promote each property toward stabilization.

The ideal candidate is initiative-taking and drives projects through to completion. The ability to work in a fast-paced, high-stress environment is key, but so is a sense of camaraderie: our team values working collaboratively. We are looking for candidates who possess the qualities of an Ideal Team Player. We want someone who is Humble, Hungry, and Smart.

Humble – someone with experience who can learn and grow
Hungry – someone who wants drive results, create new standards and who constantly wants to improve
Smart – someone who is people and business smart and able to collaborate well with a diverse team of people

About you:

Seasoned (10+ years) property manager with experience in stabilizing distressed assets (Class C); experience taking over unstabilized portfolios and/or receiverships is a must
Significant leadership and management experience (5+ years) with a proven ability to recruit, train, and supervise talented property teams
Proven ability to read and analyze property-level financial statements, including P&L statements and budget variances; can implement specific initiatives that improve property NOI
Strong operational mind: ability to create, implement, and maintain processes for all facets of property management: collections, leasing, maintenance, and property reporting
Excellent communicator; able to professionally and compassionately work with colleagues, direct reports, vendors, and residents
Proficient in Microsoft Office products, including Excel, Word, and Outlook
Familiarity with Yardi Voyager and RentCafe a major plus
Ability to lift 50+lbs and walk-up multiple flights of stairs

Core Responsibilities:
Included but not limited to:

Property Management

Oversee the daily operations for a handful of multifamily portfolios, 300-1200 units each
Monitor property performance and implement strategies to maximize occupancy and revenue.
Develop, implement, and maintain processes for all facets of portfolio management: collections, leasing, maintenance, budgeting, and property reporting
Coordinate with rental assistance programs: both Section 8 and other state funded programs
Oversee capital improvement projects, including bidding process, coordinating with on-site staff and current residents, timeline and project management, and reporting to company leadership
Lead the quoting and binding process for property-level insurance coverage

Property Assessment:

Conduct thorough assessments of distressed properties to identify issues and necessary repairs.
Develop strategies for property improvement and stabilization.

Staff Management:

Hire, train, and manage all on-site, property staff: property managers, leasing agents, and maintenance crew members
Conduct performance evaluations and provide ongoing feedback.
Foster a positive and productive work environment.

Maintenance and Repairs:

Coordinate maintenance and repair activities to ensure properties meet quality standards.
Supervise contractors and maintenance staff to complete necessary tasks.
Implement preventive maintenance programs to reduce future issues.

Communication:

Maintain effective communication with property owners, stakeholders, and other relevant parties.
Serve as a liaison between property management and other departments within the organization.

About the Company

Clear Investment Group

Workforce housing-focused real estate investor

Clear Investment Group is a Chicago-based real estate investment firm that focuses on acquiring undervalued Class C workforce housing in secondary and tertiary U.S. markets. It revitalizes distressed, mid-size apartment communities through strategic renovations and in-house property management, then stabilizes and sells them to yield-focused investors or holds them long-term. The company differentiates itself through vertical integration (self-managing property, leasing, and construction) and by co-investing its own capital (about 10%) alongside limited partners, coupled with a woman-owned leadership and a history of managing over $600 million in transactions across 150+ properties. Its goal is to provide steady, attractive returns for institutional and private investors by building stabilized, cash-flowing portfolios via opportunistic, value-add investments in workforce housing, funded in part by its funds, including Clear Opportunities Fund I and the planned Fund II.

Company size: 11-50
Company stage: Not listed
Total funding: Not listed
Headquarters: Chicago, IL
Founded: 2021

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