Job opening
LIHTC LEASE-UP & STABILIZATION SPECIALIST
The Newport Group - Executive Recruiters
Filed under Real Estate
Full job description
LIHTC Lease-Up Specialist
Los Angeles | Hybrid | Full-Time
Our client, a growing for profit affordable-housing owner and developer, is seeking a hands-on LIHTC Lease-Up Specialist to oversee new communities through lease-up and stabilization.
This individual will take greater responsibility for the lease-up process, allowing Housing Development Project Managers to remain focused on development. The role will provide stronger oversight, coordination, and accountability with third-party property-management firms as projects move from construction completion through occupancy and stabilization.
Responsibilities
- Lead assigned LIHTC lease-ups from pre-opening through stabilization.
- Establish schedules, milestones, occupancy goals, and performance expectations.
- Hold third-party property managers accountable for marketing, staffing, leasing activity, application processing, compliance, and reporting.
- Monitor leasing velocity, applications, approvals, move-ins, unit readiness, and occupancy.
- Identify delays or performance issues and drive corrective action.
- Coordinate with Development, Asset Management, Compliance, Operations, Marketing, and external partners.
- Conduct property visits and lead regular lease-up meetings.
- Support the transition to stabilized operations.
Qualifications
- Approximately 7–10 years of affordable-housing, multifamily leasing, property-management, asset-management, or related experience.
- Proven success leading complex lease-ups through occupancy and stabilization.
- Direct LIHTC lease-up and compliance experience is required.
- Experience overseeing third-party property-management firms.
- Strong organizational, communication, and problem-solving skills.
- Ability to work independently and keep multiple projects moving forward.
This is an individual-contributor opportunity for someone who understands how to create accountability, remove obstacles, and successfully move LIHTC communities from development completion to stabilized occupancy.