Lease Up Specialist jobs in United States
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Pennrose · 1 month ago

Lease Up Specialist

Pennrose is a dynamic company focused on property management and leasing. The Lease Up Specialist will oversee the initial lease-up of new properties, ensuring compliance, customer service, and efficient management of the leasing process.

ConstructionProfessional ServicesProperty DevelopmentProperty ManagementReal Estate

Responsibilities

Effectively manage the overall lease up process for assigned developments to include rent achievement, clean compliance file submissions, accurate move ins, accurate tracking of all activities using tools provided, resident file setup, and first year file setup
Process and approve accurate and complete files for upload to Yardi Right Source for compliance review with minimal corrections
Report out frequently with accurate detail about very specific items about the lease up including details on status of specific files and application volume per unit type, and keep internal tracking database updated with current status of lease-up progress
Proactively advise the broader lease up team about concerns/issues that are foreseen due to current activity, low activity, housing partner challenges, etc
Consistently market the property to high standards, optimize curb appeal and successfully convert applicant traffic / waitlists to successful residency while meeting all Fair Housing requirements
Understand all aspects of the affordable housing / market rate program features of the assigned properties – optimize the financial and operational performance of the property within this construct
Proactively manage housing authority partner subsidy programs /relationships as needed
Proactively manage agency and other partner relationships as needed
Ensure utilities are placed into new residents’ names at move in and all utility benchmarking addendums are signed
Inspect the leasing spaces and any property that has been turned over to operate daily – attend to maintenance needs and conditions being mindful of safety
Provide meaningful input to the transition and development planning process, lease up, stabilized and first year budget processed and examine expenditures for cost savings and efficiencies – share best practices with colleagues
Participate in unit/other acceptance walks as needed
Process re-certifications (when applicable), build / manage credible waiting lists for each unit type – anticipate issues impacting occupancy and financial performance – meet deadlines – work proactively
Teach new team members about customer service, professionalism, safe work practices, effective property inspections, vendor management and the optimum use of technology / Mobile Maintenance/Yardi and Fair Housing and Risk Management initiatives
Serve as a role model, mentor, coach and trusted resource to field staff and residents
Support the Pennrose Academy efforts to heighten the technical expertise of staff

Qualification

YardiProperty managementAffordable housing knowledgeCompliance processesFinancial performance optimizationCustomer serviceTrainingDevelopmentLeadership

Required

High School Diploma / College degree a plus
Four years of increasing property management responsibilities preferred
Knowledge of both affordable and market rate housing. Lease up experience a plus
Industry training credentials which authenticate understanding of rental housing programs
Requires a valid driver's license, an insured vehicle, and the ability to travel (between properties)
Ability to work periodic flexible hours is required
Ability to travel by plane, train and automobile is required
Ability to work at property locations within or near transitional neighborhoods
Ability to climb stairs, take elevators, bend, squat and reach overhead
Ability to travel by car, train, plane or bus 75% - 90% of the time

Company

Pennrose

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Pennrose is a property development and management company.

Funding

Current Stage
Growth Stage

Leadership Team

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Geoff Milz
Regional Vice President
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