Director of Leasing

Director of Leasing
February 27, 2023 Carolyn Granieri

Chicago, IL

About our client: Our client is a 50-person Real Estate investment firm with offices across Chicago, New York and Puerto Rico. They focus on multi-family residential real estate development, acquisitions, asset and property management, leasing and corporate real estate services in up-and-coming Chicago neighborhoods. The Company has developed, owned or managed more than 3000 multi-family apartment units valued in excess of $300 million.

About the role: We are looking for someone to lead the leasing operation for an expanding portfolio of multifamily and single-family properties.

The principal duties and responsibilities of the role will include the following:

  • Oversee all leasing endeavors and be primary point person responsible for a portfolio of approximately 3,000 units and growing.
  • Actively manage, coach and develop team of 7-8 individuals responsible for the leasing of existing properties (call center, leasing agents, photographers, etc.).
  • Collaborate efficiently and effectively with other leadership team members on the development and enforcement of the company’s core values.
  • Leverage and expand the network of “best-in-class” multifamily contacts, including CHA & subsidies, and foster strong relationships with callers, leasing agents, vendors, as well as third-party tenant representatives throughout the region.
  • Create, edit, audit, and own all aspects of unit listings; from amenities, photos, descriptions, and any promotions we may or may not be running.
  • Interface with and screen all applicants, ultimately deciding whether to rent based on our mutually agreed criteria.
  • Prepare written proposals and letters of intent for both existing and new tenants.
  • Negotiate lease terms and prepare exhibits.
  • Prepare leasing and other reports.
  • Coordinate the final negotiated transaction with lease administration, tenant coordination and asset management.
  • Stay abreast of market conditions to ensure company listings and offerings are competitive with market, prepare competitive property assessments and make necessary recommendations.
  • Proactively solicit feedback from callers and leasing agents to address any issues that are slowing showing activity and preventing units from being rented.
  • Other duties as assigned.

Qualifications for this position include the following:

  • 4-year college degree required
  • 2 – 5 years’ experience leasing multifamily and mixed-use projects.
  • Experience in market rate and subsidy leasing.
  • Understand budget and timeline goals; effective communicator; offer consistent transparency, communication, and willingness to make recommendations.
  • Understanding of modern technology and the ability to utilize in day-to-day job activities.
  • Team player and a life-long learner with the ability to receive input and ideas from all levels.
  • Strong drive, energy, and passion for both individual and team-oriented goals
  • A student of the industry with knowledge of multifamily trends and where the market is headed; understands constantly changing marketplace.

Benefits:

  • You will be part of a dynamic team and have the privilege to work for a company that is building the infrastructure of the future. They offer a competitive compensation package and bonus, flexible working environment, equity, comprehensive health, dental and vision insurance, matching 401k, generous PTO, happy hours, parties, and events to insert joy into the workflow, and most importantly, great people, growing market, and a real opportunity for success.

Compensation: competitive base salary, bonus + employee benefits

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