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Fairstead

Collections Manager

Fairstead, New York, New York, us, 10261

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Fairstead is a purpose-driven real estate firm dedicated to building sustainable communities across the country. Headquartered in New York, with offices in Colorado, Florida, Texas, and Washington DC, Fairstead owns a portfolio of more than 27,000 apartments across 28 states that includes 27,000 units under management. Fairstead’s commitment to communities is realized through a comprehensive platform that leverages in‑house expertise in acquisitions, development, design and construction, asset management, and property management. Fairstead’s primary mission is to provide high quality housing to all regardless of income, and to make our stakeholders feel “Right at Home.” We accomplish this through an empathetic and innovative approach, and by utilizing our interdisciplinary platform as an investor, developer, owner, and operator.

Fairstead’s Core Values:

Innovation, Determination, Integrity, Humility, Empathy and Partnerships

Responsibilities

Resident Inquiries and Financial Matters

Issue letters and call residents regarding arrears before referring them to LLT Counsel

Respond to resident inquiries regarding case status and ledger matters

Liaise with accounting staff regarding ledger matters

Analyze resident ledgers for accuracy and suggest and adjust as needed

Research and resolve payment discrepancies and resident’s queries as needed

Track and enforce payment plans and consents

Responsible for overseeing the preparation and delivery of resident communication to encourage timely payment of charges due and facilitate the collection of delinquent accounts

Establish, oversee, and participate in the implementation of a “new resident” orientation program for all assigned properties, with the objective of setting clear expectations regarding the lease requirements as they relate to payment of rent

Oversee and participate in resident meetings to review account balances, rent court status, delinquency history, and any topics related to their ability to meet the financial obligations of their lease agreement

Monitors delinquency memos as a tool to oversee the collection process on multiple sites and enter memos when directly acting on a specific resident account

Responsible for the timely filing of failure to pay rent complaint and warrant of restitution with the court and scheduling the eviction with the Sheriff or Constable’s office

Landlord & Tenant Functions

Ensure landlord‑tenant cases are moving forward with the court timeline

Confirm with management cases to move forward with law firms for nonpayment cases/holdovers

Work with CM to gather documentation to commence nonpayment and holdover cases

Ensure all affidavits are executed by the appropriate parties and sent to outside counsel

Review monthly attorney bills for any discrepancies, as well as account reviews and validation of charges

Upload court stipulations and update tenant records/files on Yardi

Update court disposition on Yardi with any relevant court dates

Track warrants and evictions and update tenant records/files on Yardi

Other related duties, as needed

DHCR

Gather and provide all necessary documents for DHCR (Division of Housing and Community Renewal) complaints/cases required by outside counsel

Update shared DHCR files, court documents, and correspondence to Yardi

Reporting

Maintain accurate reports of DHCR cases

Update reporting on legal cases in Yardi

Maintain monthly report on all outstanding severed rents and fees

Run monthly arrears reports for new rent demands

Update tenant’s status on Yardi

Prepare other reports as needed

Documentation for Access and Repair Issues

Update CM with repair requests and access dates required by court stipulations

Form Notices and Form Agreements

Send out initial notices for nonpayment (5-day notices), as needed

Assist CMs and ACMs with standard notices for lease violations

Prepare payment agreements

Prepare riders and early termination agreements with appropriate review by counsel

Prepare concession agreements with appropriate review by counsel and guidance from CM, AM

Prepare surrender agreements for move out inspections

Prepare other agreements, correspondence as needed

Other Job Duties

Performs other related duties as required

Benefits

Generous employer contribution for Medical Insurance through Meritain Health

Employer Paid Vision Plans

Company Matched 401(k) Retirement Plan: 100% of the first 3%; 50% of the next 2%

12+ paid Holidays

15 days of PTO

7 Sick days

Employer Paid Life Insurance

Flexible Spending Account

Nationwide Pet Insurance

Disability Insurance

Laser Correction Discount

Employee Discounts on appliances, apparel, and more

Qualifications

Minimum 3 years of experience in legal administration

Knowledge of the Cleveland residential market

Knowledge of Cleveland landlord laws

Proficient in Microsoft Office Suite

Strong written and verbal communication skills

Great Customer Service skills

Able to learn and work with property management applications

Quick learner with a great attitude

Effectively present information and respond to questions from management, vendors, and associates

Adhere to tight deadlines and quick turnaround for deliverables

Ability to work collaboratively in a dynamic environment where adaptability is imperative

Strong written and oral skills

Accurate with a strong attention to detail

Proficient in Microsoft Office Suite

Exact compensation may vary based on skills, experience, and location

Salary Range $90,000 - $100,000 USD

Diversity in backgrounds and experiences is key to Fairstead’s success. Being an equal opportunity employer is a central tenet of our philosophy that shapes who we are and the communities we serve. Our goal is to ensure competitive total compensation that is commensurate with experience, location, and other market benchmarks.

For information about how we use your personal information, including information submitted for career opportunities, please review our Privacy Policy at https://fairstead.com/privacy-policy/.

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