Back Nine Apartment Investors Summary

Back Nine Apartment Investors acquires and operates Class A apartment communities in select markets throughout the country. Our investment thesis is that wealth is created via excellent stewardship and long-term ownership of high-quality assets. Back Nine, founded in 2016, currently owns and operates more than $200 million of apartments.

We are looking for an experienced Associate Asset Manager who shares our values for client service and corporate responsibility. Our ideal candidate is detail-oriented, self-starter that enjoys working both independently and collaboratively with a background in property management.

Characteristics that describe you:

Organized. You pay close attention to details and pride yourself on delivering excellent work.

Team Player. You enjoy partnering with others and building rewarding work relationships.

Analytical & Intellectually Curious. You're inherently interested in the "why" so that you can find and implement optimal solutions.

Results Oriented. You demonstrate a sense of commitment to drive superior results.

Personal Excellence. You take pride in continually pushing yourself to achieve both personally and professionally.

Effective Communicator. You communicate in a direct yet respectful and positive way and genuinely care about the teams’ success.

Expectations of the role :

1) This position will support our Director of Asset Management in overseeing our growing portfolio, as well as

support our Director of Acquisitions as needed.

2) Hands on, detail-oriented approach

3) Optimize the performance of each asset:

a. Assist with oversight of third-party managers

b. Develop relationships with the on-site team

c. Develop deep understanding of any issues that arise and the pros and cons of each available solution

d. Find solutions that maximize the present value and long-term benefits of each investment

e. Collaborate with management team to boost resident retention and reduce vacancy

f. Responsible market research in terms of rents, resident experience, capital projects, and general

improvements

g. Assist with monitoring of expenses and variances to maximize efficiencies

h. Assist with preparation of annual budgets

i. Assist with recommendation and overseeing capital projects

j. Monitor preventative maintenance practices

4) Assist with monthly and quarterly reporting of each asset

5) Assist with underwriting

6) Assist in new acquisition due diligence

7) Be an engaged team player

8) Travel

a. Occasional out of state travel expected to visit out of state assets

b. Chicago assets to be visited often

Qualifications:

Minimum 3 years of Property Management or other comparable experience in the multi-family sector
Proven business acumen
Clear understanding of finance and financial reporting
Thoughtful decision making
Bachelor’s Degree preferred but not required
Strong knowledge of Excel
Strong knowledge of Property Management Software preferred but not required
Strong knowledge of fair housing laws and regulations or willingness to learn
Some travel required
Superior written and verbal communication skills.

Compensation:

Starts at $65,000 and is commensurate with experience.

Job Type:

Full-time (Monday-Friday)
On-Site
Based in Chicago, IL.

Benefits include:

Medical, dental, vision insurance coverage
9 paid holidays per year
3 weeks PTO
Remote 1 day/week

Industry

Multi-Family Real Estate

Employment Type

Full-time

Back Nine Apartment Investors

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Associate Asset Manager