Grand Peaks is a dynamic and growing property management company dedicated to providing exceptional living experiences for residents across various communities. We foster a collaborative and results-oriented environment where innovation and a resident-centric approach are paramount. We are seeking a highly motivated and analytical Property Management Revenue & Pricing Manager to join our team.
Primary Job Responsibilities:
Reporting directly to the Chief Operating Officer, the Property Management Revenue & Pricing Manager participates in weekly strategy meetings and works collaboratively with the SVP of Property Management and Regional Property Managers. This position is responsible for managing Grand Peaks’ multi-family unit rent pricing while working with the property management team to execute pricing strategy, review performance and monitor compliance. The Property Management Revenue & Pricing Manager will also be responsible for auditing individual properties for pricing accuracy, accounting, and operational policies and procedures with regard to revenue and pricing.
Additional responsibilities include but are not limited to:
• Daily review and acceptance of rate recommendations made by both pricing model and property management teams
• Identify and implement revenue management best practices
• Assist with implementation, set up and training process on newly acquired properties
• Evaluate and test new functionality; review configurations and make adjustments as necessary with parameter settings.
• Review market data, internet ads and conducting tours of each property and their main competitors to develop understanding of each market/submarket and the factors that affect pricing
• Facilitate pricing calls with site teams and Regional Property Managers
• Analyze and participate in developing lease renewal strategies
• Monitor and review market trends and data and apply to revenue management
• Develop and maintain reporting to assist in pricing analysis and performance measurement
• Generate monthly performance measurement analysis and reporting to the Chief Operating Officer
• Conducts analysis of data to determine possible future revenues
• Completes tasks or projects as assigned
• To occasionally assist other employees in any apartment management functions.
• Other duties, as assigned
Qualifications:
• Experience with revenue management pricing models and concepts (YieldStar, LRO, Rent Max)
• 2-3 years multi-family industry experience.
• Bachelor’s Degree in Finance, Business or similar study preferred.
• Effective oral and written communication skills.
• Strong leadership skills and work ethic.
• Intermediate to Advanced Excel skills.
• Experience with multifamily operation systems such as One-site, Yardi, Entrada, etc.
• Experience with training small to medium groups preferred.
• Expertise and understanding of forecasting and pricing for rents/leasing in a multi-family environment.
• Understand various multi-family markets.
• Ability to thrive in a fast-paced environment.
• Ability to work independently with little supervision.
• Ability to work with a diverse group of people and customers.
• Some travel may be required.
• Sitting for long periods of time may be required.
Salary:
$100k - $115k annually + bonuses
Benefits:
- Medical, dental and vision insurance, including flexible spending accounts
- Life, accidental death and dismemberment, short-term disability and long-term disability insurance available
- Employee Assistant Program
- 401(k) Retirement Plan (pre-tax and Roth) options available
- 18 days per year of PTO, total increases with years of service
- Housing discount available at any one of our properties
- 8 paid holidays annually
- Tuition Reimbursement for continuing education
Top Skills
What We Do
Grand Peaks is a fully integrated real estate investment firm that is dedicated to the highest standards of all aspects of multifamily investment including acquiring, developing, redeveloping, and managing multifamily apartments in core markets throughout the nation. Grand Peaks consists of two vertically integrated companies; Grand Peaks Properties, Inc. and Grand Peaks Property Management. Grand Peaks combines the expertise and discipline of an institutional firm with the responsiveness and drive of a private venture group which enables us to be nimble and make equitable decisions for our investors and employees. Grand Peaks has since grown into a multi-billion-dollar company with properties and offices in Seattle, Washington; Portland, Oregon; Denver, Colorado; Dallas and Fort Worth, Texas; Charlotte, North Carolina; Phoenix, Arizona; and Miami and Fort Lauderdale, Florida
