Business Development Manager

About Meritus Property Group

Meritus is comprised of a committed team of commercial and multi-family management professionals that take great pride in being stewards of the built environment, operating assets efficiently, and providing an outstanding tenant experience.

We are a growing property management firm serving both multifamily and commercial assets. Our approach blends operational excellence, financial discipline, and relationship-driven service. As we continue expanding, we are seeking a Business Development Manager to support strategic growth across both asset classes.


Position Overview

The Business Development Manager is responsible for sourcing, cultivating, and securing new third-party management contracts across multifamily and commercial properties. This role supports revenue growth while ensuring alignment with company standards, profitability goals, and operational capacity.

Key Responsibilities

• Identify and pursue new management opportunities in multifamily and commercial sectors.

• Build and maintain a qualified pipeline of prospective clients.

• Develop outreach strategy targeting owners, brokers, lenders, and developers.

• Cultivate long-term industry relationships and referral networks.

• Evaluate financial viability and operational fit of prospective assets.

• Collaborate with leadership on fee modeling and staffing impact.

• Lead discovery meetings and support proposal preparation and presentations.

• Assist in negotiating management agreements and coordinating smooth onboarding.

Qualifications

• 3-7 years of experience in property management, brokerage, asset management, or related real estate field.

• Experience with multifamily and/or commercial assets preferred.

• Strong understanding of NOI, budgeting, management fees, lease structures, and CAM reconciliation.

• Strong communication and relationship-building skills.

• Self-motivated with ability to work in a growing, entrepreneurial environment.

What Success Looks Like
• Consistent pipeline activity and qualified meetings
• Profitable new management contracts secured
• Balanced growth across multifamily and commercial assets
• Strong client relationships built on trust and transparency

Compensation

Competitive base salary plus performance-based commission on new contracts. Bonus opportunities tied to revenue growth. Business-related expenses reimbursed.

This role is ideal for a driven real estate professional who values thoughtful growth, strong partnerships, and long-term success.