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    Lease Up Manager - Denver, United States - Lincoln Avenue Communities

    Lincoln Avenue Communities
    Lincoln Avenue Communities Denver, United States

    3 weeks ago

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    Description

    Job Description

    Job Description

    The Company

    Welcome to Lincoln Avenue Communities (LAC) We are a dynamic and entrepreneurial real estate private equity firm that strengthens communities. As a developer, investor, and operator, we provide sustainable, high-quality homes for lower- and moderate-income individuals, seniors, and families across 25 states. With a portfolio encompassing 150+ properties and 22,000+ units, we are committed to creating lasting impacts on the lives of our residents and the communities we serve.

    About This Role

    As Lease-Up Manager, you will lead the lease-up process for new construction multifamily properties, ensuring successful occupancy and revenue generation. Leveraging LAC's expertise in marketing, leasing, and Ancillary Income, you will implement strategic lease-up plans to achieve targeted leasing timeline and deliverables while maximizing revenue. This role requires up to 30% travel nationwide.

    Candidates in the Denver region are strongly preferred, though applicants from other locations are welcome to apply.

    Requirements

    What You'll Do

    Lease-Up Strategy Development:

    • Develop comprehensive lease-up strategies tailored to the unique characteristics and target market of each property.
    • Conduct market research and analysis to identify ancillary income opportunities.
    • Collaborate with development and property management teams to refine pricing strategies and marketing tactics.

    Marketing and Advertising:

    • Develop and implement marketing plans with management to expedite leasing and maximize ancillary income.
    • Review the creation of marketing materials including brochures, websites, digital ads, and social media content.
    • Monitor marketing effectiveness and adjust strategies as needed to optimize leasing performance.

    Leasing Operations:

    • Monitor managements leasing process from prospect inquiries to lease execution, ensuring a seamless and positive experience for prospective residents.
    • Conduct property inspections and file audits as needed.
    • Provide direction to management regarding Ancillary Income initiatives during the leasing process.

    Management Relations:

    • Build and maintain relationships with management and staff to foster long-term relationships.
    • Address management concerns and inquiries in a timely and professional manner, ensuring high levels of trust.
    • Implement management incentive programs to encourage resident adoption of ancillary income initiatives during leasing.

    Performance Monitoring and Reporting:

    • Monitor leasing activity, occupancy rates, and leasing velocity to track progress against lease-up goals and benchmarks.
    • Prepare regular reports and updates for senior management, summarizing leasing performance and key performance indicators.
    • Analyze market trends and leasing data to identify opportunities for improvement and make strategic recommendations.

    Manage Vendor Relations:

    • Ensure LAC's chosen vendors are operating within the confines of their agreements.
    • Manage relations between management and vendors upon leasing transition.
    • Manage vendor contracts to ensure accurate tracking.

    What You Bring

    • Demonstrated success in leading lease-up efforts for multifamily properties, preferably in a fast-paced environment.
    • Proficiency in market research and analysis techniques to identify leasing trends and opportunities.
    • Strong understanding of pricing strategies and their impact on leasing performance.
    • Excellent communication skills, both written and verbal, with the ability to effectively convey leasing strategies and goals to diverse stakeholders.
    • Solid grasp of digital marketing tools and platforms, including but not limited to social media, email marketing, and digital advertising.
    • Ability to collaborate effectively with cross-functional teams, including development, property management, and construction.
    • Detail-oriented mindset with the ability to manage multiple projects simultaneously and meet deadlines in a dynamic environment.
    • Experience with performance monitoring and reporting, including the use of leasing software and analytics tools.
    • Proactive and results-driven, with a focus on achieving lease-up goals and maximizing revenue.
    • Strong leadership abilities, capable of guiding leasing teams and fostering a collaborative and high-performance culture.
    • Adaptability and resilience in the face of changing market conditions and leasing challenges.
    • A customer-centric approach, committed to delivering exceptional service and experiences to prospective residents and management teams alike.

    Your Education and Experience

    • Bachelor's degree in business administration, marketing, real estate, or related field preferred.
    • Minimum of 5 years of experience in property management, leasing, asset management, or applicable field.

    Benefits

    Benefits

    The expected base salary for this role is $90,000 - $100,000. This represents the current target and is subject to change. To determine starting pay, we carefully consider a variety of factors, including primary work location and an evaluation of a candidate's skills, experience, market demands, and internal parity. Our comprehensive total rewards package offers more than just a salary. Benefits include:

    • Performance-based bonuses
    • Full medical, dental, and vision coverage for you and your dependents
    • 401(k) plan with employer matching and immediate vesting
    • Life and disability insurance
    • Generous PTO, holidays, and sick time
    • Paid parental leave
    • Employee referral incentives
    • Fun company and team-building events
    • Continuous learning and development opportunities


    Equal Employment Opportunity

    Lincoln Avenue Capital is an equal-opportunity employer. We prohibit discrimination and harassment of any kind and afford equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law. At LAC, we conform to the spirit and the letter of all applicable laws and regulations.

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