Job Details
Macdonald & Company are partnered with a national owner/operator of Affordable Housing to appoint an Asset Manager - Lease Up for their newly stabilized ground-up Multifamily development properties.
The firm have an extensive track-record across the United States in delivering attainable housing for middle- and low-income tenants, with a strong mission to positively impact the various communities and neighborhoods that they operate across.
The Position
The Asset Manager will play a key role within the Asset Management team, to build out lease up processes and implement a strategy that ensures successful occupancy across newly stabilized ground-up Affordable Housing/Multifamily properties.
Responsibilities
- Formulate comprehensive lease-up strategies customized to the distinctive attributes and target demographic of each property.
- Conduct thorough market research and analysis to pinpoint supplementary revenue avenues.
- Engage in close collaboration with development and property management teams to enhance pricing strategies and promotional approaches.
- Devising and executing marketing strategies alongside management to accelerate leasing processes and optimize supplementary revenue streams.
- Oversee the development of promotional materials, encompassing brochures, websites, digital adverts, and social media content.
- Continuously evaluate marketing efficacy and make necessary adjustments to enhance leasing outcomes.
- Supervise the leasing process from initial prospect inquiries to lease finalization, ensuring a seamless and positive experience for potential residents.
- Perform property inspections and audits as necessary, providing guidance to management on Ancillary Income initiatives throughout leasing.
- Offer guidance to management to address inquiries and concerns promptly and professionally, fostering trust and reliability.
- Cultivate and sustain relationships with management and personnel to nurture enduring partnerships.
- Address management queries and issues in a prompt and professional manner, fostering a culture of trust.
- Implement incentive programs for management to encourage resident engagement with Ancillary Income initiatives during leasing.
- Track leasing activity, occupancy rates, and leasing velocity to monitor progress against lease-up objectives and benchmarks.
- Generate regular reports and updates for senior management, outlining leasing performance and key indicators.
- Analyze leasing data and market trends to identify improvement opportunities and formulate strategic recommendations.
- Ensure compliance of chosen vendors with contractual obligations.
- Facilitate communication between management and vendors during leasing transitions.
- Manage vendor contracts to ensure precise tracking and adherence to agreements.
On Offer
Competitive salary, bonus, full suite of corporate benefits.