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Property Manager

Faropoint is among the fastest-growing industrial real estate private equity companies in the U.S. They are seeking a Property Manager to join their Los Angeles office, focusing on property and asset management.

Skills

  • Property management experience
  • Analytical skills
  • Microsoft Office proficiency
  • Knowledge of finance concepts
  • Attention to detail

Responsibilities

  • Perform administrative functions for property/asset management team
  • Conduct transaction analysis and due diligence for new acquisitions
  • Maintain properties by scheduling routine maintenance
  • Develop analytical tools for leadership
  • Coordinate maintenance technicians and schedules
  • Manage accounts receivable and payable
  • Assist with reporting to investors

Education

  • Bachelor's Degree in Real Estate, Finance, or related field

Benefits

  • Competitive salary
  • Opportunities for growth
  • Diverse work environment
  • Travel opportunities
To read the complete job description, please click on the ‘Apply’ button

Average salary estimate

$70000 / YEARLY (est.)
min
max
$60000K
$80000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Property Manager, Faropoint

Join Faropoint as a Property Manager in our vibrant Los Angeles office! At Faropoint, we're all about meaningful relationships and fostering a culture of curiosity and tenacity. Here, you'll have the opportunity to grow your career in the fast-paced world of industrial real estate private equity. As a Property Manager, your responsibilities will include overseeing administrative functions for our property and asset management teams, ensuring seamless operations and excellent tenant relations. We're looking for someone with 3-5 years of experience in property management who is eager to learn more about asset management and transaction analysis. You’ll coordinate with maintenance technicians, facilitate ongoing maintenance requests, and play a key role in preparing monthly and quarterly reports for our investors. If you have a Bachelor’s degree in Real Estate, Finance, or a related field and are proficient in Microsoft Office (with advanced Excel skills), you might be the perfect fit! You will interface with decision-makers, manage multiple priorities in a dynamic environment, and travel occasionally. If you’re a self-starter passionate about real estate, we want to hear from you!

Frequently Asked Questions (FAQs) for Property Manager Role at Faropoint
What are the primary responsibilities of a Property Manager at Faropoint?

As a Property Manager at Faropoint, your responsibilities will encompass a range of administrative and operational duties, including maintaining tenant relations, managing property maintenance schedules, and assisting in the financial aspects of property management. You'll perform transaction analysis, coordinate maintenance requests, and prepare reports for investors, ensuring that properties are well managed and investor expectations are met.

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What qualifications are required to be a Property Manager at Faropoint?

To qualify for the Property Manager position at Faropoint, you should have 3-5 years of experience in property or asset management, along with a Bachelor’s degree in Real Estate, Finance, or a related field. Familiarity with the Los Angeles market, proficiency in Microsoft Office (especially Excel), and strong organizational skills are essential to succeed in this role.

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What skills are essential for the Property Manager role at Faropoint?

Key skills for the Property Manager position at Faropoint include attention to detail, high-level accuracy in financial tasks, and the ability to handle multiple priorities in a fast-paced environment. Additionally, strong communication skills and the ability to interface with decision-makers professionally are crucial for fostering positive relationships within the team and with tenants.

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Does the Property Manager position at Faropoint require travel?

Yes, the Property Manager role at Faropoint may require occasional travel, approximately 10-15% of the time. This travel can involve visiting various properties within the portfolio, allowing you to stay connected with different aspects of property management.

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What is Faropoint’s approach to employee diversity as a Property Manager?

Faropoint takes pride in being an Equal Opportunity Employer, valuing diversity and inclusivity. As a Property Manager, you will participate in a company culture that encourages respect for different skills and experiences, contributing to a vibrant workplace where everyone is supported and valued.

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Common Interview Questions for Property Manager
What does your previous experience in property management entail?

When discussing your previous experience, focus on specific responsibilities you held, such as managing tenant relationships, handling maintenance requests, or preparing financial reports. Highlight any successes, like improving tenant satisfaction or streamlining processes, to demonstrate your impact.

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How do you handle disputes with tenants?

In answering this question, explain your approach to conflict resolution. Discuss the importance of listening to the tenant's perspective, finding common ground, and working collaboratively to develop a solution. Provide a real-life example if possible to illustrate your conflict resolution skills.

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Can you describe your proficiency with property management software?

Talk about the specific software tools you have experience with, whether it’s for managing finances, tenant communications, or maintenance scheduling. Demonstrating your familiarity with these tools shows you are well-prepared for the technological demands of the Property Manager role.

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How do you prioritize your duties as a Property Manager?

Discuss your time management strategies, such as using to-do lists or prioritization frameworks. Explain how you assess which tasks are urgent or important, and how you adapt when new challenges arise. Providing examples from previous roles can enhance your answer.

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Explain your experience with financial management in property management.

Describe your hands-on experience with financial tasks, such as budgeting, tracking expenses, or managing accounts receivable and payable. Be sure to mention any specific software tools you’ve used and how you ensure accuracy in financial reporting.

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What do you believe is essential for maintaining positive tenant relations?

Discuss the key aspects of communication and proactive engagement in maintaining tenant relations. Emphasize the importance of responsiveness, addressing tenant needs promptly, and creating a welcoming community within the property.

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How do you stay informed about the Los Angeles real estate market?

Talk about the resources you use to stay informed, such as industry publications, networking events, and market reports. Highlight any specific trends you've noticed and how they could impact your role as a Property Manager at Faropoint.

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What strategies do you use for effectively coordinating maintenance requests?

Explain your process for receiving and prioritizing maintenance requests, including how you communicate with maintenance technicians and ensure timely resolutions. Mention the importance of tracking these requests to enhance tenant satisfaction.

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Describe a challenging situation you faced in property management and how you resolved it.

Share a specific example of a challenging situation, such as a tenant dispute or a major maintenance issue. Walk through your thought process and the steps you took to resolve the situation, demonstrating your problem-solving abilities and perseverance.

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How do you approach reporting to investors?

Discuss the key elements of your reporting process, such as compiling financial data, summarizing property performance, and addressing investor questions. Emphasize your ability to present this information clearly and concisely, ensuring transparency and trust.

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FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
No info
HQ LOCATION
No info
SALARY RANGE
$60,000/yr - $80,000/yr
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
March 20, 2025

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