LEASE

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.

• Conduct regular site inspections and audits to maintain standards.
• 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.
• Drive a high-performance culture focused on customer service, efficiency, and accountability.
• 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.
• Oversee all lease-up activities to achieve targeted occupancy levels within established timelines.
• Develop and manage budget allocations, monitor expenses, and ensure financial goals are met.
• Set performance expectations, provide coaching, and motivate teams to achieve lease-up and operational goals.
• Monitor and ensure compliance with all applicable regulatory agreements, land use restrictions, and affordable housing commitments.
• Prepare weekly updates and detailed reports on leasing progress, financial performance, and KPI metrics including rent collections, delinquency, and occupancy targets.
• Facilitate communication between departments to address challenges, streamline workflows, and promote best practices throughout the lease-up process.
• Analyze leasing data, adjust strategies accordingly, and communicate progress with senior leadership.
• Track and report occupancy benchmarks, rent accuracy in accordance with rental and income guidelines, and delinquency rates throughout the lease-up phase.
• Conduct thorough market research to identify target demographics, competitive landscape, and pricing strategies.
• Lead staffing efforts by hiring, training, and supervising leasing and community staff for each new project.
• 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.

• Strong financial acumen, with experience in proforma development, budgeting, and KPI analysis.
• Proficiency in property management software, Excel, and reporting tools.
• Deep understanding of affordable housing programs, regulations, and compliance requirements including LIHTC, SRN, HOME, PBV, Etc.
• 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).
• Leadership skills with experience hiring and developing teams.
• Minimum 3 years of lease up experience.
• Excellent market research, marketing, and leasing strategy skills.
• Must be willing to travel within Mid-West.