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Revenue Manager

Core Spaces

Own revenue management strategy for an assigned portfolio of communities, including pricing, rent growth, concession planning, lease pace, occupancy performance, and economic occupancy outcomes. Develop, recommend, and execute dynamic pricing strategies that support budgeted revenue goals while balancing market competitiveness, leasing velocity, demand trends, and asset-level performance objectives. Exercise independent judgment when evaluating pricing decisions, rate changes, concession strategies, and portfolio performance risks; provide clear rationale and recommendations to leadership and cross-functional partners. Monitor daily leasing velocity, floor plan performance, exposure, availability, rent positioning, and market conditions to identify opportunities for rate increases, pricing adjustments, or targeted leasing interventions. Design, manage, and evaluate concession strategies that accelerate leasing momentum while protecting effective rent, minimizing unnecessary revenue erosion, and supporting long-term financial performance. Analyze preleasing performance, occupancy trends, lead generation, conversion ratios, neglected leads, traffic quality, renewal activity, and lease pace to identify performance gaps and recommend corrective actions. Track and interpret market supply pipelines, university enrollment trends, capture rates, competitor pricing, renewal behavior, and local demand indicators to anticipate shifts in performance and proactively adjust revenue recommendations. Partner with Operations, Sales, Asset Management, Marketing, Technology, and community teams to ensure pricing strategies are understood, aligned, and executed consistently across the assigned portfolio. Lead weekly revenue office hours or pricing discussions with community and regional stakeholders, providing guidance on market conditions, pricing decisions, leasing performance, and action plans. Prepare and deliver weekly portfolio updates to the Director, Sales and Revenue, including rate changes, concession recommendations, performance risks, strategic opportunities, and key decisions requiring leadership visibility. Create monthly revenue and performance reporting that translates complex data into actionable insights for internal stakeholders, ownership partners, and leadership decision-making. Collaborate with Technology and internal reporting partners to improve dashboards, CoreIO reporting, data accuracy, automation, and visibility into revenue performance metrics. Support forecasting efforts by providing data-driven input on lease pace, rent growth, occupancy, exposure, concessions, and market assumptions for assigned communities. Identify process improvements, reporting enhancements, and performance management tools that strengthen revenue strategy, increase consistency, and improve decision-making across the portfolio. Serve as a revenue subject matter expert and trusted resource for community teams, helping translate strategy into practical actions that improve leasing execution and financial outcomes. Maintain a strong understanding of company policies, revenue standards, operating practices, and compliance expectations while ensuring recommendations align with business objectives and Core Spaces values. Occasional travel may be necessary to support portfolio strategy, community performance reviews, team alignment, or business needs. Perform all other duties and tasks as assigned by management. #J-18808-Ljbffr

Vacancy posted 4 hours ago
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