Property Management Intern (Multi-Site, 4 Locations) Summer 2023
Company: monarchinvestment
Location: Waukegan
Posted on: January 21, 2023
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Job Description:
Description
Summer 2023 Paid Internship Opportunities! (May-August
negotiable)
Why choose to be part of any internship when you can be part of a
group that fosters career growth and opportunity? At Monarch,
opportunity isn't just knocking, it's breaking down the door and
giving you the keys to success, with an amazing career path with
professional and personal growth.
Monarch is offering multiple internship locations. This internship
encompasses management of 1392 apartments in 4 communities,
including:
-Northgate Apartments, 2330 North Samson Way, Waukegan, IL 60087,
363 units
-Harbor Lake Apartments, 1610 Sunset Avenue, Waukegan, IL 60087,
414 units
-Fox Crest Apartments, 2805 West Glen Flora Avenue, Waukegan, IL
60085, 245 units
-Reserve at Eagle Ridge Apartments, 1947 West Eagle Ridge Drive,
Waukegan, IL 60087, 370 units
Monarch operates unlike other real estate investment groups, which
is why we beat industry standards in everything we do. Monarch is
among the top 10 multifamily owners in the country. We are an
exciting group of private individuals who operate over 70,000
apartments, within more than 300 communities. We offer a
comprehensive and competitive summer internship program for those
interested in Multifamily Housing Operations.
We do everything possible in-house, including property acquisition,
asset management, property management, maintenance, accounting,
marketing, training, legal and we even have capital project crews
such as parking lot seal coating, roof crews and major exterior
painting crews! This means that you will see how a full-service
investment group operates, and not have experience gaps with
contracted management pieces.
Our interns are Monarch Investment employees which means:
-Access to our YARDI database allowing you to learn real-life,
leading industry software
-Possible access to multiple site operations giving you several
perspectives
-Possible affordable housing management exposure
-You won't just be filing, archiving, making coffee or doing busy
work. Through our mentorship and guidance, we expect our interns to
pull their fair share of responsibilities, and we are not afraid to
let them get involved in all aspects of operations.
Monarch Investment:-Will assist you in all logistics of your
internship and ensure you get any school credits associated with
the internship. Our Employee Relations department is dedicated to
just this!
-Will compensate interns with:
-$11.00-$14.00 Hourly depending on location and curriculum
vitae
-Free Rent!* For the duration of the internship, you'll receive a
furnished apartment
-Access to Gracehill, an industry trusted property management
online training program
-Will give preferred applicant career opportunities after you
graduate
If this sounds like the perfect opportunity for you, please submit
your resume, class curriculum vitae and cover letter by applying
online at www.mimginvestment.com/Careers, for each location of
interest. For further questions, please contact us at [email
protected]. Space is limited, multi-site locations fill up quickly
and we have a very competitive application process to ensure the
right fit for everyone. We guarantee that this will be like no
other internship.Internship locations will be added and taken down
as new opportunities come available and locations are filled up
until May 2023 so keep checking back, e-mail us at [email
protected] for up to date availability!
Title: Property Management Intern
FLSA Status: Full or Part Time / Temporary Employee / Non-Exempt /
Hourly
Purpose: The Property Management Intern will act as a Jr. Assistant
Manager directly assisting the Property Manager in all property
related activities. They will spend time during their internship in
each and every role that the property has, including but not
limited to Assistant Property Manager, Leasing Agent, Maintenance,
Grounds and Housekeeping. In addition, they will have exposure to
Marketing, Asset Management, Accounting and the Legal aspects of
multifamily investment operations whenever possible.
Internship experience checklist: This list is not all inclusive and
is only intended as a guide for what an intern should experience
throughout their internship with Monarch Investment. Interns will
most likely just scratch the surface for many of these items,
however, they will gain insight into operation concepts and the
depth of understanding will be up to them.
General Overview:
Human Resources:
-Company mission, goals and objectives -Review new hire
paperwork
-Company organizational structure -Schedules, Pay periods
-Staff introductions -Work hour recording
-Tour of property and/or corporate office -E-mail login &
policy
-Overview of property and use of equipment -YARDI login &
policy
-Office procedures -Job descriptions for all positions
-Opening and closing procedures -Business ethics /
Confidentiality
-Key system -Dress code
-Forms -Policies and procedures
Property Manager:
-Managing a team -Electronic Reporting
-Posting rent -Receiving payments
-Processing invoices -Budgets
-Moving in/out residents -Lease management
-Processing a security deposit reconciliation
Resident Relations:
-Resident profile -Resident retention program
-Resident services -Resolving resident complaints/concerns
-Resident newsletter -Resident activities
Leasing:
-The Monarch Playbook -Fair housing and occupancy standards
-Telephone & E-mail inquiries -Touring the community
-Sales techniques -Knowing the product / unit availability
-Property amenities and services -Resident selection
-Applicant processing and verification's -Lease Paperwork
-Lease renewals -Follow-up / closing
Marketing:
-Marketing materials -Analyzing the effective market area
-Market rent survey -Social media
-Outreach -Online image / reputation management
-Websites -Understanding the competition
Maintenance:
-Processing work orders -Maintenance shop organization
-The make ready / turn process -Preventative maintenance
-Conducting inspections -Working with contractors / Venders
-Ordering supplies -OSHA - Safety
Grounds:
-Curb appeal -Turf
-Trees, shrubs, flowers -Xeriscaping
-Irrigation / Water management -Maintaining equipment
-Resident amenities, i.e. Dog parks, tennis/volleyball
courts, community gardens
Legal:
-Eviction process -Lawsuits
-Fair Housing -Documentation
-Personnel files / HR -Insurance
-Liability review -Local, state and federal requirements
-If applicable, Affordable housing requirements,
SEC8, HUD, Tax Credit
Knowledge, Skills and Experience Required:
Physical Demands / Work Environment:
The physical demands described here are representative of those
that must be met by an employee to successfully perform the
essential functions of this job. Reasonable accommodations may be
made to enable individuals with disabilities to perform the
essential functions.
Material and Equipment (used but not limited to):
Applicants are subject to a pre-employment drug screening, criminal
history, employment history, and credit check.
*80% of the free rent is classified as taxable income based on your
tax bracket as per IRS code
Equal Opportunity Employer
Keywords: monarchinvestment, Waukegan , Property Management Intern (Multi-Site, 4 Locations) Summer 2023, Professions , Waukegan, Illinois
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