Job Details

Description

Who We Are

Core Spaces (Core) is more than a real estate company, it’s a people company. Where building relationships is just as important as building properties. From researchers and architects to designers and operators, Core is made up of risk takers and dreamers who are on a mission to invent the future of living. Our six cultural values guide us every day and we strive to live them in everything we do:  PUSH (Invent Better Places to Live), GRIT (We Got This), LIFT (Help Each Other Win), SHINE (Bring Your Full Self), UPHOLD (Never Break Trust), GROW (Always Get Better). Everything Core does stems from this culture of collaboration and innovation, and the drive to constantly improve the resident experience. This unique approach has led to creating spaces and services that are redefining the way people live.

What We Do

Founded in 2010, Core is a vertically integrated company focused on acquiring, developing, managing, and lending across the student housing and build-to-rent (“BTR”) sectors. Its residential communities feature world-class amenities, progressive design, and hospitality-driven client service. In its award-winning student portfolio, Core currently owns and/or manages over 45,600 beds* – and has a pipeline of over 45,000 beds* in various stages of development. Core's BTR division currently has over 3,000 homes under development and in its pipeline in high-growth metros across the country. For more information, visit www.corespaces.com.

*Portfolio and pipeline numbers as of November 2024

Benefits That Matter

• A culture that provides you a sense of belonging
• Hybrid work options to promote work-life balance
• Competitive pay that values your contributions
• Annual incentive to reward your achievements
• Paid unlimited PTO to disconnect or celebrate life milestones
• Paid 15 holidays, including your birthday, to disconnect and celebrate
• Paid Family Leave Plan that begins after 90 days
• Paid volunteer time off to give back to your community
• Monthly workshop weeks; less meetings & more collaboration
• Robust health plan options that begin within at least 30 days of your employment
• Monthly phone reimbursement
• Wellness allowance and perks, including a yearly subscription to a meditation app
• An environment that provides you a voice to share your perspectives
• Employee Assistance Program (EAP) for access to confidential support services       
• Company retirement options including 401(k) + matching & Roth account option

Position Overview

As the New Development Manager, your primary role will involve implementing the go-to-market strategy in new markets to enhance brand visibility and achieve successful lease-ups for designated new developments. You will proactively build strategic partnerships with local businesses, academic institutions, and community stakeholders to broaden our market presence and boost leasing prospects

What You Will Do

• Develop and execute effective go-to-market strategies to promote brand awareness and ensure successful lease-ups for assigned new developments. 
• Cultivate strong strategic partnerships with local businesses, academic institutions, and community stakeholders to expand market reach and drive leasing opportunities. 
• Lead lease execution process and collaborate with the training team to onboard and train New Development Assistants.  
• Conduct regular market analysis to understand trends, pricing strategies, and competitive positioning, collaborating with the revenue optimization team to stay ahead of the competition. 
• Adapt and pivot leasing strategies as needed to continually generate awareness and leads. 
• Collaborate closely with cross-functional teams including training, sales, revenue operations, and strategy to ensure a successful lease-up process. 
• Provide oversight of day-to-day sales functions within the temporary leasing space. 
• Hire, train, and manage staff for the Temporary Leasing Office (TLO) and localized sales team, ensuring team alignment with leasing objectives. 
• Ensure pre-leasing compliance, including lease execution, financial requirements, and adherence to company policies to meet milestone eligibility for incentive programs. 
• Accountable for achieving pre-leasing milestones aligned with company goals, as outlined in the New Development Non-Discretionary Bonus Agreement. 
• Relocate and Reside to the assigned market  
• Perform all other duties and tasks as assigned by management 
• Must be able to lift and move objects weighing up to 50 pounds regularly, as required by the demands of the job. This may include bending, stooping, and lifting throughout the workday. 

Ideally, you'll have

•  3+ years proven experience in leasing, real estate development, or property management, with a track record of successful lease-ups.
• High School graduate; college degree preferred but not required
• Proficient in Microsoft Office/Google Suite and Windows and/or Apple operating systems
• Ability to relocate and reside in assigned markets for extended periods to oversee high-impact lease-ups and ensure team success. 

You'll crush it if you have experience with

• Proficient in overseeing the responsibilities of a lease-up team and delivering clear and effective reports. 
• Energetic, imaginative, and enthusiastic, adept at articulating a compelling vision and securing leases effectively. 
• Experience with Entrata and Yardi Software(s)  
• Proven success in building strategic partnerships with universities, corporate sponsors, and community stakeholders to enhance brand visibility and leasing velocity 

Organizational Structure

Reports to:  Senior Manager, New Development

Direct Reports: New Development Leasing Manager, Leasing & Marketing Associate

Disclaimer: Please note that job responsibilities, reporting lines, and duties outlined in this job description are subject to change to meet the evolving needs of the organization.

As an Equal Opportunity Employer, Core Spaces celebrates diversity and is committed to creating an equitable and inclusive environment, which creates a sense of belonging for all employees. We do not discriminate and believe every individual should be proud of who they are and the community they represent.