What are the responsibilities and job description for the Property Marketing Director position at Carabetta Management Company Inc.?
Carabetta Property Management is looking to hire an experienced Property Marketing and Affordable Rents Director to cover multiple properties in CT!
Hours: Full-time, Monday-Friday
Pay: Depending on experience
Duties and Responsibilities
Unregulated Properties – 40 Properties
- Identify specific market properties comparable to the identified Carabetta Property and determine the comparable rent.
- Visit the comparable properties.
- Determine the rent that should be charged for the Carabetta property for new rentals and the maximum tolerable rent increase for the existing Carabetta resident.
- Prepare budgeted rent increase schedules for all unregulated properties and submit to the accounting department for inclusion in the operating budgets.
Regulated Properties (LIHTC)- 29 Properties
- Review the income limit rent tiers for all LIHTC properties and establish maximum rental charges for each property and income tier.
- Determine maximum rent increases for each tier for existing residents for each property.
Mobile Section 8 Vouchers - many of our market rate and affordable properties have significant section 8 voucher residents
- Ensure that maximum rents are obtained for mobile section 8 Vouchers at all properties.
- Contact each Voucher Issuer and obtain the current reasonable rents for units comparable to the subject property.
- Ensure timely renewal of each unit’s rent at maximum rates.
Policies and Procedures
- Review established procedures to ensure that budgeted and turnover rents are properly implemented
- Revise and/or adjust established procedures as needed to ensure proper implementation of rents for both renting and accounting purposes
- Train rental staff as needed to ensure proper implementation of rents
- Establish monitoring procedures to ensure proper implementation of rents
Qualifications
- Bachelor’s Degree required
- Multifamily housing industry experience or agency experience working with real estate clients is necessary
- Previous marketing and leasing experience in the real estate industry preferred
- Must have Low Income Housing Tax Credit (LIHTC) and Housing and Urban Development (HUD) Certifications
- Minimum of 5 years experience
- Willingness and ability to travel between sites
- Proven track record marketing and leasing multi-family
- Excellent organizational skills and ability to multi-task
- Customer Service driven - effective communication skills (verbal and written)
- Knowledge of Yardi and Microsoft Office
- Interactive Marketing
- Bilingual Spanish is a plus
The Carabetta Companies are an established Central Connecticut firm with an over sixty-year success rate as an Owner-Manager-Developer of multi-family real estate. Our mission is to build strong communities where people of all incomes can achieve their fullest potential. We do this by developing, financing, and operating high quality affordable mixed-income housing, and market rate housing by coordinating access to support services, and by planning and implementing other community and economic initiatives critical to the communities we serve.
The Carabetta Companies are committed to ensuring diversity in its workplace, and candidates from diverse backgrounds are strongly encouraged to apply.
Job Type: Full-time
Pay: $80,000.00 - $100,000.00 per year
Benefits:
- Dental insurance
- Health insurance
- Paid time off
Schedule:
- Monday to Friday
Experience:
- LIHTC: 5 years (Required)
- Marketing: 5 years (Required)
- Property Management: 3 years (Required)
Work Location: In person
Salary : $80,000 - $100,000