Asset Manager - Leasing

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.