Property Manager, Real Estate

  • Job Reference: 425340350-2
  • Date Posted: 17 November 2021
  • Recruiter: Chicago Public Schools
  • Location: Chicago, Illinois
  • Salary: On Application
  • Sector: Real Estate & Property
  • Job Type: Permanent

Job Description

Chicago Public Schools (CPS) is the third-largest school district in the United States, serving over 340,000 students in 600+ schools and employing nearly 36,000 people, most of them teachers. CPS has set ambitious goals to ensure that every student, in every school and every neighborhood, has access to a world-class learning experience that prepares each for success in college, career, and civic life. In order to fulfill this mission, we make three commitments to our students, their families, and all Chicagoans: academic progress, financial stability, and integrity. Six core values are embedded within these commitments - student-centered, whole child, equity, academic excellence, community partnership, and continuous learning.

Job Summary

Under the direction of the Director of Real Estate, the Property Manager will manage the daily operations of school properties, lease negotiations, site visits, landlord management and other related duties. The Property Manager's responsibilities include managing financial matters, coordinating maintenance work, enforcing leases, and preparing performance reports. The Property Manager will ensure efficient daily operations and meet financial objectives for the district.

The Property Manager will be held accountable for the following responsibilities:
  • Manage 70 Board-as-tenant leased facilities, including:
    • Working with the landlords' management on issues relating to rent, building operations and maintenance, repairs and access
    • Coordinate walk-throughs/site visits as necessary
    • Maintain proficiency in Oracle application software to track and monitor purchase orders and rent payments
  • Scout and evaluate potential sites for acquisition or lease
  • Maintain working knowledge of market rent rates
  • Lead negotiations for new leases and renewals
  • Develop and maintain working relationships with schools and CPS departments and actively support and resolve tenant issues, including:
    • Lease negotiations
    • Lease amendments
    • Site repairs and maintenance
    • Site visits
    • Landlord management
    • Lease obligations
  • Maintain database of all Board-as-tenant leases
  • Assist the Director of Real Estate to identify opportunities for short and long-term lease cost reductions, and implement programs to increase efficiency and reduce expenditures
  • Report regularly on current and projected Board-as-tenant expenditures and budgets
  • Manage employee parking lease, including:
    • Generate monthly inventory report of parking usage and costs
    • In conjunction with Operations Budget team, review and approve invoices to ensure timely payment

In order to be successful and achieve the above responsibilities, the Property Manager must possess the following qualifications:

Type of Education Required:
  • Bachelor's degree from an accredited college or university
  • Real estate broker's license required
Type of Experience Required:
  • Minimum of 5 years experience in commercial leasing and property management
Knowledge, Skills, and Abilities:
  • Highly organized
  • Self-starter with demonstrated ability to complete projects on deadline
  • Excellent oral and written communication skills
  • Ability to prioritize and manage multiple projects
  • Must be highly proficient in Microsoft Office (Outlook, Word, Excel)

Conditions of Employment

As a condition of employment with the Chicago Public Schools (CPS), employees are required to:
  • Establish/Maintain Chicago Residency - Employees are required to live within the geographic boundaries of the City of Chicago within six months of their CPS hire date and maintain residency throughout their employment with the district.
  • Be Fully Vaccinated or Submit to Weekly COVID-19 Testing - Employees are required to be fully vaccinated within 30 days of their hire date. Full vaccination is defined as at least two weeks after your second shot of a two-shot vaccination course, or at least two weeks after a one-shot vaccination course. Unvaccinated staff must submit to weekly testing.