Careers

Flower

Your career with Magnolia Capital

Here at Magnolia Capital, we are always looking to add talented people to our growing team. We offer a collaborative, entrepreneurial environment with an established and profitable company. If you are a motivated, hardworking individual with a passion to learn, we would like to hear from you.

Benefits

Comprehensive medical, dental and vision insurance for employees and family.

Health Savings Account and Flexible Savings Account options.

401(k) with Employer Match.

Short term and long term disability coverage.

Life Insurance.

Wellness

Access to a newly renovated on-site gym, locker rooms and fitness classes.

Periodic catered healthy breakfasts, lunches and snacks.

Office Location

Location convenient to public transportation.

Walking distance from Union Station & Ogilvie Station.

Numerous restaurants, coffee shops and bars in walking distance from the office.

Food & Drink

Unlimited coffee, tea and sparkling water.

Unlimited healthy snacks available.

On-site full service café and cafeteria.

Group Volunteer Days

Allotted time each quarter for individual volunteer activities.

Career Advancement

Merit-based promotional opportunities.

Performance bonuses and incentives.

On the job training for recent graduates.

Current Positions

Magnolia Capital is a real estate investment company focused on multifamily assets within the United States.  The company seeks to identify and execute on compelling, institutional quality multifamily investment opportunities in primary and secondary markets throughout the country.

Based in Chicago, Magnolia Capital was founded in August 2016 with a focused vision-- to redefine multifamily investing as we know it through empowering a world class team with a technology forward platform and sound investment principles.  The company has a discretionary equity fund and seeks to grow the business with the help of talented, thoughtful and determined team members.

We offer the culture and opportunity of an entrepreneurial start-up, supported by the scale, stability, and balance sheet resources typically found in a seasoned business.

For more information please visit www.magnoliacap.com.

Job Summary: 

Magnolia Capital is currently seeking an energetic, self-starter and dynamic Director of Operations with an entrepreneurial mindset, strong worth ethic, strong interpersonal skills and aspires to manage, grow, and build out structure, process, and resources within the company. This individual should be able to prioritize and adapt to changing circumstances in an entrepreneurial environment.

This position is based in Chicago.

Essential Responsibilities: 

  • Build out and manage a Property Management Platform
  • Staff, oversee, and participate in the recruiting, hiring and training of new staff members when necessary/demonstrate a consistent level of leadership skill that elevates the performance of the entire property management team
  • Familiarity with state compliance and regulatory laws in various states
  • Negotiate service contracts, schedule and monitor daily activities of contractors and vendors and ensure that both perform to the highest standards
  • Manage and oversee the negotiation of select real estate transactions including leases and subleases, extensions and renewals, site selections and reposition, early closings, resizing of existing spaces and other lease amendments
  • Support the company’s strategic real estate investment process and execute against all approved real estate projects in the assigned portfolio
  • Ensure that proper insurance is in place for properties, tenants, contractors and vendors and administer as appropriate
  • Establish and maintain relationships with external service providers on a local, regional and global basis that provide current and accurate support of the real estate process
  • Establish effective communication strategy for the benefit of all stakeholders and partner closely with various corporate services functions (Finance, HR, Legal, Technology, etc.) as well as business segments to ensure cross functional service alignment and delivery
  • Monitor and enforce all lease terms including timely billings, collection of rents and issuance of default letters
  • Maintain the safety and integrity of buildings, systems and equipment, project future needs including capital requirements and improvements, implement and oversee preventative maintenance programs and supervise all construction/tenant improvement work taking place at the properties
  • Recommend and implement policies, planning guidelines, and procedures in areas of responsibility
  • Establishes operations and strategic objectives for a lease administration consisting of multiple teams
  • Prepares, tracks and adheres budgets
  • Acts as a liaison for personnel resources throughout lease administration offices
  • Analyzes client needs and prepares game plan for addressing client needs
  • Prepares response to Requests for Information, Requests for Qualifications and Requests for Proposals
  • Coordinates and prepares long-range planning for educational programs to train and enhance the skill sets of lease administration staff and provides clear career path
  • Participates in new technology initiatives representing lease administration service line

Who we are looking for: 

  • Bachelor’s Degree from an accredited institution / Master's Degree, preferred
  • Experience in a Real Estate environment, required
  • Minimum of 5-10 Years onsite experience
  • Proficient in excel
  • Process and structure oriented
  • Entrepreneurial minded
  • Experience with onsite management
  • Experience with Realpage or Yardi (Entrata experience considered)
  • LRO or Yield Star (Pricing)
  • High level of knowledge of the regulatory environment, workplace safety, environment regulations, etc.
  • Willing to travel when necessary

What we offer: 

Magnolia Capital offers competitive compensation levels, bonus opportunities, and ambitious growth plans.  We offer the following: medical/dental/vision/life insurance, 401(k) plan, unlimited PTO, flexible hours, casual dress code, volunteer days, and more!

Promoting our associates’ career growth and providing opportunities for advancement is a cornerstone value of our company.  Our startup culture will allow for the best and brightest talent to excel in an entrepreneurial setting, while our institutional funding and experience will offer the ability to execute an ambitious growth plan for the company.   

Magnolia Capital is an equal opportunity employer. Magnolia Capital prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, sex, national origin, age, disability or genetic information.

If interested, please complete the application process through our career page link on our corporate website.  www.magnoliacap.com/careers.



Apply for this role

Magnolia Capital is a real estate investment company focused on multifamily assets within the United States.  The company seeks to identify and execute on compelling, institutional quality multifamily investment opportunities in primary and secondary markets throughout the country.

Based in Chicago, Magnolia Capital was founded in August 2016 with a focused vision-- to redefine multifamily investing as we know it through empowering a world class team with a technology forward platform and sound investment principles.  The company has a discretionary equity fund and seeks to grow the business with the help of talented, thoughtful and determined team members.

We offer the culture and opportunity of an entrepreneurial start-up, supported by the scale, stability, and balance sheet resources typically found in a seasoned business.

For more information please visit www.magnoliacap.com.

Job Summary:
 
Magnolia Capital is currently seeking a Senior Accountant to assist in building out corporate and property financial reporting and accounting functions, including accounting system implementation. This role will assist the Director of Finance in all accounting functions for a growing portfolio of institutional quality, multifamily properties including the review of all disbursements, accounts receivable, and general ledger data and the preparation of reconciliations and other analysis as needed.  The Senior Accountant will work closely with third party property manager accounting functions to ensure accurate and timely financial reporting.  The successful candidate must be a self-starter, organized, trustworthy, reliable, punctual, detail-oriented, and personable.

This position is based in Chicago.

Essential Duties: 

  • Oversee and review monthly, quarterly, and yearly information from third party property management accounting
  • Review property level payables and receivables; inquire of property management team about unusual activity or past due balances
  • Review and maintain property fixed asset records, including GAAP and tax depreciation
  • Enter/import property level financials into corporate accounting system
  • Assist the Director of Finance and asset management team in managing capital for renovations
  • Research relevant accounting issues and document findings/conclusions
  • Provide support for year-end audits
  • Reconcile all parent company cash, investment, and equity accounts
  • Assist in preparation of tax filings for corporate and fund entities
  • Calculate and initiate payment for asset management and acquisition fees
  • Assist in development and implementation of accounting policies and procedures
  • Perform monthly, quarterly, and year-end closings of general ledger in accordance with GAAP
  • Perform other duties as assigned

 Who we are looking for: 

  • Bachelor's Degree required in Accounting
  • 3-5 years of experience in accounting
  • CPA strongly preferred
  • Previous experience with institutional real estate accounting
  • Strong working knowledge of
  • Excellence time management skills
  • Strict attention to detail
  • High degree of confidentiality required
  • Strong written and verbal communication skills
  • Proficient with Excel and other Microsoft Office Suite products
  • Ability to collaborate and work in a team environment
  • Ability to meet stringent deadlines in a fast paced, results-oriented environment

What we offer: 

Magnolia Capital offers competitive compensation levels, bonus opportunities, and ambitious growth plans.  We offer the following: medical/dental/vision/life insurance, 401(k) plan, unlimited PTO, flexible hours, casual dress code, volunteer days, and more!

Promoting our associates’ career growth and providing opportunities for advancement is a cornerstone value of our company.  Our startup culture will allow for the best and brightest talent to excel in an entrepreneurial setting, while our institutional funding and experience will offer the ability to execute an ambitious growth plan for the company.   

Magnolia Capital is an equal opportunity employer. Magnolia Capital prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, sex, national origin, age, disability or genetic information.

If interested, please complete the application process through our career page link on our corporate website.  www.magnoliacap.com/careers.



Apply for this role

Magnolia Capital is a real estate investment company focused on multifamily assets within the United States.  The company seeks to identify and execute on compelling, institutional quality multifamily investment opportunities in primary and secondary markets throughout the country.

Based in Chicago, Magnolia Capital was founded in August 2016 with a focused vision-- to redefine multifamily investing as we know it through empowering a world class team with a technology forward platform and sound investment principles.  The company has a discretionary equity fund and seeks to grow the business with the help of talented, thoughtful and determined team members.

We offer the culture and opportunity of an entrepreneurial start-up, supported by the scale, stability, and balance sheet resources typically found in a seasoned business.

For more information please visit www.magnoliacap.com.

Job Summary: 

Magnolia Capital is currently seeking a Sr. Research & Development Analyst who will focus around the collection and analysis of core data to support the team's production and delivery of research material. This individual should have strong quantitative, analytical, and organization skills and ability to handle and manipulate large amounts of data.

This position is based in Chicago.

Essential Duties:

  • Perform market research using publicly available information and proprietary databases to identify, quantify and analyze macroeconomic trends across a variety of property types and manipulate trends
  • Visualization/Reporting with Tableau
  • Use creativity to analyze data and to test hypotheses regarding attractiveness of specific sectors and investment opportunities
  • Analyze historical operating trends for various property types, identifying variances and potential areas of risk associated with the operations of the property
  • Provide written analysis identifying key trends and issues, noting any corresponding mitigants
  • Provide analytical support to senior members of the team on a wide variety of assignments, including historical trend analysis, cash flow modeling, risk analysis, property valuation, market analysis, and borrower and tenant credit analysis
  • Evaluates unique tools/resources
  • Develop workflows/processes
What we are looking for:
  • Bachelor Degree from an accredited institution in Data Analytics or Computer Science/Master's Degree, preferred 
  • 4-5 Years of relevant work experience
  • Financial background, preferred
  • Strong quantitative skills and demonstrated analytical ability
  • Strong data analysis experience
  • R - Data Visualization experience
  • Tableau experience
  • Proficient in excel
  • Experience developing workflows and processes and can show us work examples
  • Experience building applications

What we offer: 

Magnolia Capital offers competitive compensation levels, bonus opportunities, and ambitious growth plans.  We offer the following: medical/dental/vision/life insurance, 401(k) plan, unlimited PTO, flexible hours, casual dress code, volunteer days, and more!

Promoting our associates’ career growth and providing opportunities for advancement is a cornerstone value of our company.  Our startup culture will allow for the best and brightest talent to excel in an entrepreneurial setting, while our institutional funding and experience will offer the ability to execute an ambitious growth plan for the company.   

Magnolia Capital is an equal opportunity employer. Magnolia Capital prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, sex, national origin, age, disability or genetic information.

If interested, please complete the application process through our career page link on our corporate website.  www.magnoliacap.com/careers.



Apply for this role

Positions Coming Soon