The Sr. Leasing Associate is responsible for the marketing and leasing of rentals while meeting the leasing objectives. Is also responsible for providing the required reports related to the leasing function for assigned property(s).
CIM’s Asset Management department is responsible for the asset management and operational services in office, multi-family residential, retail, mixed-use and hotel product types. Our properties are predominately located in the urban regions in Southern California, Northern California, Texas, New York City, Washington D.C., Charlotte, and Chicago.
Essential Functions: Regularly inspect all residential units to determine asking rent based on the building’s attributes and unit location within the property.Establish weekly leasing objectives based on foot traffic, marketing print or internet and referrals to meet budgeted monthly objectives for new leases, renewals and appropriate closing ratios for both.Ensure vacated spaces are prepared in a timely manner for re-leasing and for new development, create a marketing plan with the objective to pre-lease units before all the units are physically complete.On a monthly basis, meet or call all expiring residential leases at least 60 days prior to their expiration and ensure all lease expiration notices are sent to tenants at least 30 days prior to the lease expiration date.Provide weekly/monthly lease roll over market rent analysis to the Property Manager.Provide unit turnover or vacant unit capital improvement recommendations to the Property manager to (a) preserve existing rental rates and (b) seek a higher rental rate by recommending unit improvements (e.g., updating appliances, cabinets, etc.)Ensure appropriate lease files with credit check, references, resident profile and correspondence is maintained on a daily basis using CIM Group standard lease folders and lease administration procedures.Follow- up on all leasing inquires which will be tracked by the property using Yardi or other reports.Adhere to LAHD rent control or similar governmental agencies (as required) polices as well as Federal Fair Housing Act to avoid any discrimination or legal issues.
Education/Experience Requirements (including certifications, licenses, etc.):High School Graduate required; Bachelor’s Degree preferred.Pricing Management leasing experience.At least three years prior experience working in a residential leasing capacity.Familiar with Fair Housing leasing practices.Must possess a valid state-issued driver’s license.Ability to read, analyze and interpret lease agreements, market data, financial reports and/or legal documents.Ability to respond to common inquiries or complaints from tenants, regulatory agencies, other areas of the company, and/or members of the business communityMS Office including Excel, Word, PowerPoint, Outlook.Familiar with Nexus Payables or similar software application.Familiar with Yardi or similar software application.