Revenue Manager

Sterling Group•Mishawaka, IN

10h

About The Position

Sterling Group is a family-owned vertically integrated real estate investment services firm started in 1976. Our organization includes development, construction, property management and investment management with a specialty in multifamily housing and self-storage facilities. Our executives are involved daily and work closely with over 375 colleagues in multiple states throughout the Midwest and Southeast. We are looking for self-driven professionals with high accountability and integrity. Why work for Sterling Group? Training and Career advancement opportunities Recognition programs Competitive wages Full benefits Family friendly culture Work life balance As Revenue Manager you will: Understand each market to determine effective and profitable management of new lease and renewal pricing Provides second review to ensure physical occupancy and rent growth are balanced effectively Conduct weekly revenue management business review calls for the portfolio Discuss recent market trends and weekly performance goals Recommend rent adjustments Ongoing review of new lease and renewal parameters, competitor data, amenity values, lease terms and other relevant market information Analyze trends, evaluate changes in performance Review and present daily rate recommendations Audit system settings and operational process to ensure alignment with asset strategy, goals and objectives Identify and facilitate training for on-site and corporate colleagues Provide quarterly data to Asset Management for use in quarterly reports Create, update and share rent trend reports Participation in the annual budget process, business plan process as well as P&L. Understand and adhere to all Fair Housing laws and ensure all property colleagues are doing the same Perform all the above and other duties as assigned in accordance with applicable laws and company policies Reports to: President Management

Requirements

Bachelor’s degree is strongly preferred
5 years in property management
4 years in revenue management
Excellent verbal and written communication skills
Ability to manage multiple tasks
Strong working knowledge of MS Office

Nice To Haves

Experience with Yardi, LRO, Sitelink, Yield Star or other related programs a plus

Responsibilities

Understand each market to determine effective and profitable management of new lease and renewal pricing
Provides second review to ensure physical occupancy and rent growth are balanced effectively
Conduct weekly revenue management business review calls for the portfolio
Discuss recent market trends and weekly performance goals
Recommend rent adjustments
Ongoing review of new lease and renewal parameters, competitor data, amenity values, lease terms and other relevant market information
Analyze trends, evaluate changes in performance
Review and present daily rate recommendations
Audit system settings and operational process to ensure alignment with asset strategy, goals and objectives
Identify and facilitate training for on-site and corporate colleagues
Provide quarterly data to Asset Management for use in quarterly reports
Create, update and share rent trend reports
Participation in the annual budget process, business plan process as well as P&L.
Understand and adhere to all Fair Housing laws and ensure all property colleagues are doing the same
Perform all the above and other duties as assigned in accordance with applicable laws and company policies