Leasing Associate

CIM Group

(Washington, District of Columbia)
Full Time
Job Posting Details
About CIM Group
CIM Group® is a premier full service urban real estate and infrastructure fund manager with approximately $20.5 billion of assets under management. Since its founding in 1994, CIM has been a process- and research-driven investor that mitigates risk through the fundamental analysis of the long-term drivers in communities.
Summary
The Leasing Associate-Residential 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).
Responsibilities
* 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.
Ideal Candidate
* One year prior experience working in a residential leasing capacity. * Familiar with Fair Housing leasing practices * Must possess a valid state-issued driver’s license. * MS Office including Excel, Word, PowerPoint, Outlook. * Familiar with Nexus Payables or similar software application. * Familiar with Yardi or similar software application.
Compensation and Working Conditions

Additional Notes on Compensation

401K matching; competitive medical, dental and vision plans

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