Director of Leasing

Company: SoLa Impact
Location: Los Angeles
Posted on: November 19, 2023

Job Description:

JOB SUMMARY

The Director of Leasing embraces SoLa's mission and is passionate about promoting SoLa's short and long-term

goals. The Director of Leasing oversees the leasing team and all aspects of the Leasing and Occupancy initiatives

within the Affordable Housing Portfolio and beyond, and ensures adequate marketing materials, leasing tools,

and resources are planned and provided. Responsible for ensuring that occupancy goals are met and reporting

requirements are maintained.

ESSENTIAL DUTIES
---Collaborate with the Director of Special Operations, and VP of Property Operations to set strategic goals for the Leasing Department
---Establish and Maintain Key Performance Indicators (KPI's) and report results of the leasing efforts in a professional and concise manner
---Develop and mentor Leasing team, focusing on constant process improvement and operationalizing best practices
---Ensure SoLa Funds maintain strong occupancy and sufficient leasing velocity to minimize vacancy losses, also religiously work to drive rental rates and incentives to push revenue
---Expand and enrich existing 3 rd party and intra-departmental relationships, seek out new collaborative housing partners and opportunities
---Create and implement Leasing strategies for ground-up developments, ensuring Lease-up timeframes meet or exceed proforma benchmarks, for market, mixed and affordable communities
---Interact and build relationships with brokerage community and effectively articulate features, attributes, benefits and availability of the various commercial suites
---Ensure their Leasing team is supported in achieving their goals, hold consistent touchpoint meetings with all direct reports, ensure lines of communication are clear and effective within sub-department
---Complete other tasks and projects as assigned

Requirements

EDUCATION & EXPERIENCE
---Minimum 7 years' experience at the management level required
---Bachelor's Degree required; Master's Degree preferred
---Managed a portfolio of 1500+ units
---Yardi experience required; Yardi CRM and Rent Caf experience preferred
---Experience with commercial/retail marketing, preparing leases, tenant improvement allowances, contracts, abstraction etc. required
---Affordable housing experience and knowledge of Section 8 requirements required
---Experience with SPA6/HACLA/HACOLA and other local agencies required

SKILLS & ABILITIES
---Proven skill in using leasing and marketing tools to drive consistently high levels of occupancy in various environments - lease-ups, property repositioning, property optimization for sale, etc.,
---Strong analytical and critical reporting to ensure that marketing dollars are optimized and leasing efforts and resources are deployed efficiently and effectively
---Direct experience in exceeding leasing goals at Section 8 and LIHTC properties throughout the life cycle of the properties, including initial lease-up at new developments, and leasing initiatives at under-performing properties
---Proficient in MS Office
---Exceptional interpersonal, verbal, and written communication skills
---Ability to work independently and effectively in a fast-paced, demanding environment
---Ability to present information in a concise and easily understood manner
---Ability to exercise discretion and independent judgment
---Organized, proactive/self-starter, creative, detail-oriented, and critical thinking skills required
---Well-developed time management skills with the ability to manage multiple priorities
---Passionate about our mission

SALARY: $115,000-$140,000 per year

Benefits

SoLa Impact offers a comprehensive benefits package that includes paid vacation, medical, dental, vision, and life insurance, as well as pet insurance, sick leave, 10 paid holidays, and bereavement days. This package is designed to provide employees with a range of important benefits that help to support their physical and emotional well-being, while also providing financial protection and peace of mind.

At SoLa Impact, we believe work environment, culture, and the opportunity to learn and grow are key elements when considering a new job. We are just the right size to provide the resources and support you need without the bureaucracy of a large corporate environment. We foster a family-friendly and supportive workplace, collaborative and employee-focused with an emphasis on quality, integrity, trust, and accountability. We are looking to bring someone on board as soon as possible. We provide a rewarding and challenging environment. We expect a lot, but give a lot in return. Strongly prefer candidates local to Los Angeles as no relocation assistance will be provided. All qualified candidates will be contacted directly.

SoLa Impact is an Equal Opportunity Employer. SoLa does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.

Keywords: SoLa Impact, Los Angeles , Director of Leasing, Executive , Los Angeles, California