Gymreapers · 6 days ago
Real Estate Manager
Nampa, ID
Full-time
Onsite
Senior Level
5+ years expGymreapers is seeking a Real Estate Manager responsible for the end-to-end execution of their real estate portfolio, which includes industrial, retail, and multifamily assets. The role focuses on operations, financial performance, and value-add initiatives to maximize net operating income (NOI) and prepare assets for strategic decisions.
ApparelConsumer GoodsFitnessManufacturing
Responsibilities
Own day-to-day performance of all real estate assets (industrial + multifamily)
Drive NOI growth through rent optimization, expense control, and vacancy reduction
Build and manage annual operating budgets, forecasts, and variance reporting
Maintain real-time visibility into DSCR, cash-on-cash returns, and debt covenants
Prepare quarterly portfolio reviews for ownership
Direct oversight of third-party property managers or internal onsite staff
Set KPIs for leasing velocity, delinquency, maintenance response times, and tenant satisfaction
Approve major expenses, contracts, and service agreements
Ensure regulatory compliance (local, state, federal) across asset classes
Handle escalations involving tenants, municipalities, or vendors
Lead renovation, repositioning, and redevelopment projects
Manage GC bids, scopes of work, timelines, and capex budgets
Oversee unit turns, common area upgrades, exterior improvements, and industrial TI builds
Track capex ROI and stabilize assets post-renovation
Partner with brokers and leasing agents on:
Industrial lease negotiations
Multifamily rent increases and unit mix optimization
Approve lease structures, concessions, TI allowances, and renewal strategies
Identify opportunities for:
Rent resets
Ancillary income (storage, parking, NNN recoveries, etc.)
Support underwriting during acquisitions (ops assumptions, capex, rent comps)
Assist with due diligence, transition plans, and post-close execution
Prepare assets for refinance or sale (data rooms, operating history, NOI normalization)
Implement portfolio-wide systems for:
Property management software
Vendor tracking
Preventative maintenance
Reporting dashboards
Standardize SOPs across all assets to support scale
Prepare the platform to support future vertical integration or in-house management
Qualification
Required
5–10+ years in real estate or asset management
Direct experience with multifamily (10–100 units)
Direct experience with industrial / light industrial assets
Proven execution on value-add projects
Strong financial acumen (budgets, pro formas, capex modeling)
Comfortable negotiating leases, vendor contracts, and construction scopes
Operationally obsessive but commercially aggressive
High accountability, low ego, owner-aligned mindset
Thinks like a principal, not an employee
Comfortable being the 'bad guy' when enforcing standards
Moves fast, follows through, and builds leverage through systems
Long-term oriented (builds assets, not resumes)
Company
Gymreapers
Gymreapers is a manufacturer and supplier of gym wear and apparel.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Roc Pilon
Founder / Chief Executive Officer
Recent News
2023-12-22
Idaho Business Review
2023-12-22
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