Associate Asset Manager - Back Nine Apartment Investors

Back Nine Apartment Investors Summary

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

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

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 directly yet respectfully and positively 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

i. Develop relationships with the on-site team

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

b. Find solutions that maximize each investment's present value and long-term benefits 

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

i. Responsible market research regarding rents, resident experience, capital projects, and general improvements

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

e. Assist with preparation of annual budgets

f. Assist with recommendation and overseeing capital projects

g. 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 (generally no more than 1-2 days per month) out-of-state travel is expected to visit out-of-state assets

. b. Chicago assets to be visited often

Qualifications:

· Prefer 3 years of Property Management and/or Asset 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 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 is required.

· Superior written and verbal communication skills.

All applicants MUST submit a resume to careers@backnineapartments.com.

Compensation is commensurate with experience. 

Job Type: Full-time (Monday-Friday), On-Site

Based in Chicago, IL. 

Benefits include:

• Medical, dental, and vision insurance coverage 

• 9 paid holidays per year

• 3 weeks PTO 

• Remote 1 day/week