National Director of Leasing Position Description

July 2008

JOB DESCRIPTION

Title: National Director of Leasing

Reports To: Vice President- Asset Management & Vice President- Stabilization

Location: To be determined

Company Profile: Multi-family housing real estate company

Compensation: To be determined based on qualifications

NWJ Companies is a leading real estate company which owns 135 apartment buildings, 3,500 apartment units, located in 17 markets throughout the country. More information can be found at www.NWJCompanies.com

The company’s real estate is branded under the name, Signature Community. This innovative brand is focused on providing an outstanding resident experience through several customer service programs. More information can be found at www.ASignatureCommunity.com

Due to the company’s rapid growth to date as well as its plans to grow to $1 billion of assets, there is a need for a National Director of Leasing. This is an outstanding opportunity for the individual to play a major role in growing this portfolio.

POSITION DESCRIPTION

The National Director of Leasing position is responsible for all leasing efforts of the real estate portfolio. This includes efforts to lease up newly acquired properties, maintain and improve occupancy in the stabilized portfolio and improve resident retention.

The position will have direct reports, including an on-site leasing personnel and support staff.

This position will travel approximately 40% of the time to various properties located nationwide.

DUTIES AND RESPONSIBILITIES:

1. Do whatever it takes to get to 100% occupancy
2. Ensure each property meets its rental income goals
3. Establish marketing programs & promotions.
4. Motivate and reward sales personnel in achieving leasing goals
5. Review acquisition proforma leasing goals.
6. Train personnel on proper sales techniques.
7. Maintain and improve competitive market data system.

QUALIFICATIONS

BS or BA degree from four-year college or university

MBA is a plus.

10 to 15 years relevant work experience.

Real estate apartment leasing experience is preferred.

Experience in managing sales personnel.

Excellent knowledge of Microsoft Office products, especially Excel.

Interested parties should send their resumes and a cover letter matching their credentials to the job requirements to marketing19@aol.com

 FULL TIME JOB OPPORTUNITY IN MULTI-FAMILY REAL ESTATE

Director of Stabilization - to $85k + Equity Potential + Bonus

Company Overview:
NWJ Companies is a national, multi-family property ownership, investment and redevelopment organization that owns a $300 million dollar portfolio of 4,000 plus units in 18 markets. The company has grown by acquiring inefficiently -managed properties which meet company-identified improvement criteria. Founded in 1991 by Nickolas W. Jekogian, III, NWJ Companies' has grown significantly by adhering to this acquisition strategy. Projections for the coming year anticipate a 30%-40% growth rate.

NWJ Companies has developed a formula for success by creating economies of scale when selecting the markets in which they purchase non-institutional grade apartment buildings. The company began with the acquisition, recapitalization and redevelopment of four-story walk-up buildings in urban residential Philadelphia and Washington, DC. Over the years, the portfolio has expanded to include far larger properties in more markets including New York City; Baltimore, MD; Las Vegas, NV; Indianapolis, IN; Kansas City, MO; Columbus, OH; Phoenix, AZ; Albany, NY; Richmond, VA; Houston, TX; Albuquerque, NM; as well as Philadelphia, PA and Washington, D.C. While continuing to further solidify its holdings in the Mid-Atlantic and Midwest regions, NWJ Companies is looking to expand into the South and Southwest regions of the United States.

NWJ operates its properties under the Signature Community brand (www.ASignatureCommunity.com) which is being rolled out as each property attains the quality standards, on-site management, and available features that Signature Community represents. Signature Community offers the resident a living experience well above the standards typical of this asset class including health club memberships, community business centers, local discounts, referral programs, free cable, and other amenities normally only found in larger more expensive properties.

NWJ Companies is comprised of four functional departments which handle critical areas of operations: Finance, Stabilization, Asset Management and Acquisitions. The Acquisitions Department has three divisions: Small-Cap Acquisitions, Portfolio and Lender Direct divisions. The Small-Cap Acquisitions division focuses on acquiring multi-family properties consisting of less than 500 units; the Portfolio division concentrates on large portfolio acquisitions consisting of a minimum of 500 units; and the Lender Direct division is responsible for acquiring distressed properties and loans directly from financial institutions. The combination of experienced management and real estate professionals, along with conservative acquisition procedures has supported the company's rapid annual growth. NWJ Companies' principle offices are located in New York City, NY and Philadelphia, PA, with ancillary offices throughout the country.

Responsibilities:

• Initial assignment will be to stabilize a 379 unit complex in south Kansas City with crime and security issues
• Assignments typically range from 6 to 12 months
• Initial assignment will require the following job duties:
  • Oversee on-site management and maintenance staff of 10 people
  • Administer security service contract and oversee their daily activities
  • Work with local police and community leaders toward crime reduction and prevention programs
  • Work with neighboring communities to partner up on crime prevention and reporting
  • Work with federal and local government to attain community improvement grants and assistance for low income residents

Qualified Candidates Must Have:

• 5+ years experience with section 8 and other low income property management
• Experience with attaining federal and local grants
• Experience with crime prevention and modern security systems
• Experience with lease up projects
• High energy and desire to succeed
• Willingness to travel and relocate for extended periods
• Strong organizational and time management skills
• Computer proficiency

Job Location:

Kansas City with travel to other markets throughout the United States

Submit Resume to: Jennifer Smith (jsmith@nwjcompanies.com) 

Successful candidates need to be highly qualified self-starters with a proven track record. 

Acquisition Specialist

Looking for a fast-paced career with unlimited earnings potential? We are looking to hire Acquisitions Specialists for both our Philadelphia and New York City offices. This is a great opportunity for aggressive salespersons looking to start a career in commercial real estate. We will provide all sales and real estate industry training. Responsibilities:

• Completion of the NWJ Acquisitions Training Program (initial 3 months)
• Utilization of the NWJ model to target potential acquisition properties
• Transaction prospecting and cold calling in your assigned markets
• Creative sales presentations to property owners
• Financial analysis of each transaction
• Negotiate each deal until agreement
• Review trade journals and relevant literature, and attend seminars and continuing education classes in order to remain knowledgeable about commercial real estate
• Participate in on-going training tools provided by NWJ Companies

Qualified Candidates Must Have:

• College Degree (preferably in business, real estate, finance, marketing or a related degree)
• High energy and desire to succeed (and earn significant compensation)
• Excellent written and interpersonal skills
• Strong organizational and time management skills
• Willingness to travel/work part-time in designated markets
• Computer proficiency

Successful candidates need to be highly disciplined self-starters and extremely persistent. If you fit this description and are interested in an incredible opportunity with uncapped earning potential, NWJ Companies has an opportunity for you. Our hiring program is ongoing. Please send your resume with a cover letter via e-mail to dmclain@nwjcompanies.com. All qualified candidates will be contacted.

Position Location: Philadelphia, PA and New York City, NY

Maintenance Manager

Maintenance Manager needed for established property management company located in center city Philadelphia. Portfolio consists of properties located in center city, university city, and suburbs. Candidate should have prior experience in managing a maintenance staff and have the necessary certifications required of the position. Responsibilities include managing maintenance and janitorial activities relating to the organization`s physical properties which include but are not limited to monitoring vendor services and overseeing works order and apartment turns. Candidate will be expected to utilize his/her advanced knowledge of mechanical, electrical, carpentry, plumbing, and HVAC in this hands-on position. Excellent organizational and communication skills a must. Position reports to Regional Property Manager. Requires a 4 year degree or equivalent (6-10 years experience).

Position Location: Philadelphia, PA

Please direct all resumes to Joan Bergmann of Green Street.
Deadline for submitting resumes is January 2008.

Oversee and manage $2-$4 million in capital improvements per year.  Typically projects consist of apartment building renovations.  Projects are completely managed from conception including payback calculation to completetion.  Individual is required to work with all disciplines of building contractors.  Working knowledge of HVAC systems required.  Position requires strong budgeting, forecasting, communication and scheduling skills.  Travel is required; position location is flexible.  Position reports to the President. 

Please send your resume with a cover letter via e-mail to mgreenzang@greenzang.com.  All qualified candidates will be contacted.

Join Our Team!

Become a sales representative for Signature Community representing the latest cutting edge approach to customer care and attention in multi family apartment real estate. This position offers the following benefits.

• Great commission pay
• A flexible work schedule (part time or full time)
• Advancement opportunities
• Team training
• Travel
• Fun Environment 
• Meet new people

Signature Community adheres to the principles of providing an equal opportunity to all applicants who are at least 18 years of age , valid drivers license, and a high school graduate, regardless of race, religion, sex, age, national origin or disability.

ifraenkel@nwjcompanies.com to submit a resume or for more information about the position.

Leasing Agent