New Development Manager

Core Spaces Job PostCore Spaces (Core) is more than a real estate company, it's 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.Founded in 2010, Core is a vertically integrated real estate investment manager focused on acquiring, developing and managing across the student housing and build-to-rent ("BTR") sectors. Its residential communities feature world-class amenities, progressive design, and hospitality-driven service. Core's student housing portfolio includes over 74,440 beds currently owned or managed, with a pipeline of over 53,860 beds in various stages of development. Core's BTR division has over 3,000 homes under development, now leasing or in its pipeline in high-growth metros nationwide.A culture that provides you with a sense of belongingCompetitive pay that values your contributionsIncentives designed to reward your achievementsPaid flexible PTO to disconnect or celebrate life milestonesPaid 1 4+ holidays, including your birthday, to disconnect and celebratePaid Parental Leave that begins after 90 daysPaid volunteer time off to give back to your communityMonthly workshop weeks; fewer meetings & more collaborationRobust health plan options that begin within at least 30 days of your employmentMonthly phone reimbursementWellness allowance and perks, including a yearly subscription to a meditation appAn environment that provides you a voice to share your perspectivesEmployee Assistance Program (EAP) for access to confidential support servicesCompany retirement options including 401(k) + matching & Roth account optionAs the New Development Manager, your primary role will involve implementing the go-to-market strategy in new markets to enhance brand visibility and achieve successful lease-ups 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 prospectsDevelop and execute effective go-to-market strategies to promote brand awareness and ensure successful lease-ups 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 cross-functional teams including training, sales, revenue operations, and strategy to ensure a successful lease-up process.Provide oversight of day-to-day 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 pre-leasing compliance, including lease execution, financial requirements, and adherence to company policies to meet milestone eligibility for incentive programs.Accountable for achieving pre-leasing milestones aligned with company goals, as outlined in the New Development Non-Discretionary Bonus Agreement.Travel as needed to support lease-up activities across the portfolio.Perform all other duties and tasks as assigned by managementMust 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.High School graduate; college degree preferred but not required3+ years proven experience in leasing, real estate development, or property management, with a track record of successful lease-ups.Proficient in Microsoft Office/Google Suite and Windows and/or Apple operating systemsProficient in overseeing the responsibilities of a lease-up 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)Reports to: Senior Manager, New DevelopmentDirect Reports: New Development Leasing Manager, Leasing & Marketing AssociatePlease 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.The compensation range listed reflects the base salary or hourly rate that we reasonably and in good faith expect to offer for this role at the time of posting. Actual compensation may vary based on factors such as education, experience, skills, certifications, seniority, geographic location, and business needs.This role may be eligible for additional forms of compensation, including bonuses, commissions, stipends, or non-cash incentives, depending on position and performance. Benefits may include health insurance, retirement plans, paid time off, and other role-based offerings, subject to eligibility requirements.All compensation components are subject to change based on business needs or market conditions.