LEASE

SUMMARY: 

The Lease-Up Regional Manager oversees all aspects of new apartment community openings within Bear Property Management's portfolio. This role is responsible for being a motivating and team building leader who engages high-performing teams. Responsible for managing the full lease-up process from pre-development through stabilization, ensuring new communities meet occupancy, financial, and operational objectives. The position involves comprehensive market analysis, marketing strategy development, financial tracking, and regulatory compliance to successfully launch and stabilize new multifamily communities. 

DUTIES AND RESPONSIBILITIES:

Market Analysis and Planning: 

• Conduct thorough market research to identify target demographics, competitive landscape, and pricing strategies.  
• Develop comprehensive marketing plans aimed at lease-up success, including branding, advertising, and outreach strategies.  
• Prepare and manage proforma budgets, stabilized budgets, and financial forecasts for new projects.

Lease-Up Operations & Monitoring:

• Oversee all lease-up activities to achieve targeted occupancy levels within established timelines.  
• Track and report occupancy benchmarks, rent accuracy in accordance with rental and income guidelines, and delinquency rates throughout the lease-up phase.  
• Monitor and ensure compliance with all applicable regulatory agreements, land use restrictions, and affordable housing commitments.

Financial Management & Reporting:

• Develop and manage budget allocations, monitor expenses, and ensure financial goals are met.  
• Prepare weekly updates and detailed reports on leasing progress, financial performance, and KPI metrics including rent collections, delinquency, and occupancy targets.  
• Analyze leasing data, adjust strategies accordingly, and communicate progress with senior leadership.

Staffing & Performance Management:

• Lead staffing efforts by hiring, training, and supervising leasing and community staff for each new project.  
• Set performance expectations, provide coaching, and motivate teams to achieve lease-up and operational goals.  
• Drive a high-performance culture focused on customer service, efficiency, and accountability.

Operations & Compliance

• Oversee daily operations during the lease-up period to ensure smooth processes.  
• Confirm adherence to federal, state, and local regulations, including Fair Housing, Section 42, and other affordable housing requirements.  
• Conduct regular site inspections and audits to maintain standards.
• Other duties as assigned by supervisor.

Cross-Department Collaboration:

• Work closely with Compliance, Software Support, Development, Asset Management, Facilities, HR, and other leadership teams to coordinate efforts, share information, and ensure project milestones are met efficiently.  
• Facilitate communication between departments to address challenges, streamline workflows, and promote best practices throughout the lease-up process.

QUALIFICATIONS:

• Bachelor’s degree in Business Administration or 7+ years equivalent experience in multifamily lease-up or project management.   
• Proven experience in successfully leasing up new multifamily properties (LIHTC preferred). 
• Minimum 3 years of lease up experience.  
• Strong financial acumen, with experience in proforma development, budgeting, and KPI analysis.  
• Excellent market research, marketing, and leasing strategy skills.  
• Proficiency in property management software, Excel, and reporting tools.  
• Leadership skills with experience hiring and developing teams.  
• Deep understanding of affordable housing programs, regulations, and compliance requirements including LIHTC, SRN, HOME, PBV, Etc.
• Must be willing to travel within Mid-West.

The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Bear Real Estate Group is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.