New Development Manager
New Development Manager
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$ 80000 - 90000
1 Vacancy
Job Description
Job Details
Description
Who We Are
Spaces (Core) is more than a real estate company its a people company. Where building relationships is just as important as building properties. From researchers and architects to designers and operators Core is made up of risk takers and dreamers who are on a mission to invent the future of living. Our six cultural values guide us every day and we strive to live them in everything we do: PUSH (Invent Better Places to Live) GRIT (We Got This) LIFT (Help Each Other Win) SHINE (Bring Your Full Self) UPHOLD (Never Break Trust) GROW (Always Get Better). Everything Core does stems from this culture of collaboration and innovation and the drive to constantly improve the resident experience. This unique approach has led to creating spaces and services that are redefining the way people live.
What We Do
Founded in 2010 Core is a vertically integrated company focused on acquiring developing managing and lending across the student housing and buildtorent (BTR) sectors. Its residential communities feature worldclass amenities progressive design and hospitalitydriven client service. In its awardwinning student portfolio Core currently owns and/or manages over 45600 beds* and has a pipeline of over 45000 beds* in various stages of development. Cores BTR division currently has over 3000 homes under development and in its pipeline in highgrowth metros across the country. For more information visit .
*Portfolio and pipeline numbers as of November 2024
Benefits That Matter
- A culture that provides you a sense of belonging
- Hybrid work options to promote worklife balance
- Competitive pay that values your contributions
- Annual incentive to reward your achievements
- Paid unlimited PTO to disconnect or celebrate life milestones
- Paid 15 holidays including your birthday to disconnect and celebrate
- Paid Family Leave Plan that begins after 90 days
- Paid volunteer time off to give back to your community
- Monthly workshop weeks; less meetings & more collaboration
- Robust health plan options that begin within at least 30 days of your employment
- Monthly phone reimbursement
- Wellness allowance and perks including a yearly subscription to a meditation app
- An environment that provides you a voice to share your perspectives
- Employee Assistance Program (EAP) for access to confidential support services
- Company retirement options including 401(k) matching & Roth account option
Position Overview
As the New Development Manager your primary role will involve implementing the gotomarket strategy in new markets to enhance brand visibility and achieve successful leaseups for designated new developments. You will proactively build strategic partnerships with local businesses academic institutions and community stakeholders to broaden our market presence and boost leasing prospects
What You Will Do
- Develop and execute effective gotomarket strategies to promote brand awareness and ensure successful leaseups for assigned new developments.
- Cultivate strong strategic partnerships with local businesses academic institutions and community stakeholders to expand market reach and drive leasing opportunities.
- Lead lease execution process and collaborate with the training team to onboard and train New Development Assistants.
- Conduct regular market analysis to understand trends pricing strategies and competitive positioning collaborating with the revenue optimization team to stay ahead of the competition.
- Adapt and pivot leasing strategies as needed to continually generate awareness and leads.
- Collaborate closely with crossfunctional teams including training sales revenue operations and strategy to ensure a successful leaseup process.
- Provide oversight of daytoday sales functions within the temporary leasing space.
- Hire train and manage staff for the Temporary Leasing Office (TLO) and localized sales team ensuring team alignment with leasing objectives.
- Ensure preleasing compliance including lease execution financial requirements and adherence to company policies to meet milestone eligibility for incentive programs.
- Accountable for achieving preleasing milestones aligned with company goals as outlined in the New Development NonDiscretionary Bonus Agreement.
- Relocate and Reside to the assigned market
- Perform all other duties and tasks as assigned by management
- Must be able to lift and move objects weighing up to 50 pounds regularly as required by the demands of the job. This may include bending stooping and lifting throughout the workday.
Ideally youll have
- High School graduate; college degree preferred but not required
- 3 years proven experience in leasing real estate development or property management with a track record of successful leaseups.
- Proficient in Microsoft Office/Google Suite and Windows and/or Apple operating systems
Youll crush it if you have experience with
- Proficient in overseeing the responsibilities of a leaseup team and delivering clear and effective reports.
- Energetic imaginative and enthusiastic adept at articulating a compelling vision and securing leases effectively.
- Experience with Entrata and Yardi Software(s)
Organizational Structure
Reports to: Senior Manager New Development
Direct Reports: New Development Leasing Manager Leasing & Marketing Associate
Disclaimer: Please note that job responsibilities reporting lines and duties outlined in this job description are subject to change to meet the evolving needs of the organization.
As an Equal Opportunity Employer Core Spaces celebrates diversity and is committed to creating an equitable and inclusive environment which creates a sense of belonging for all employees. We do not discriminate and believe every individual should be proud of who they are and the community they represent.
Required Experience:
Manager
Employment Type
Full-Time
