Revenue Manager

Description

NexPoint Advisors, LP (“NexPoint”) is a real estate investment platform comprised of subsidiary investment advisors and sponsors, a broker-dealer, and a suite of related investment vehicles. The NexPoint real estate team has completed billions of dollars of gross real estate transactions since 2013. NexPoint’s investment team has a combined 70 years of investment experience with some of the world’s most sophisticated institutions and investors and has invested in the following real estate asset classes :

• Multifamily
• Self-storage
• Industrial
• Hospitality
• Single family rental
• Life Sciences
• Retail
• Office

NexPoint currently manages a suite of publicly traded REITs, private REITs, and other funds whose combined underlying gross real estate asset values are approximately $17.2 billion. We anticipate continued strong growth in the real estate platform and are looking for intelligent, motivated and hardworking candidates that want to be part of an exciting, fast paced team of real estate professionals.

NexPoint is looking for a Revenue Manager that will be responsible for the implementation and daily oversight of revenue management programs at a large-scale multifamily portfolio of more than 24,000 units. Opportunity for additional asset management and investment underwriting opportunity available upon demonstrated command of revenue management functions.

and execute detailed revenue management program implementation plans.
• Establish review and acceptance protocols for rate recommendations for both site teams and pricing model.
• Ongoing review of new lease and renewal parameters, amenity values, lease terms, competitor data and other optional parameters.
• Evaluates properties’ rental revenue performance against financial objections and works with Management to address variances. Executes pricing strategies to enhance revenue.
• Monitor adoption and compliance.
• Analyze market trends and competitor performance. Develop and maintain benchmarking capabilities against both internal and external sources.
• Conduct competitor property and submarket analysis, including “shopping” the competition.
• Identify and implement revenue management best practices.
• Innovate new processes that help drive revenue performance.
• Develop daily, weekly, monthly and ad hoc reporting as needed. Perform operational data mining and analysis.
• Communicate with Vice Presidents, Asset Managers, Community and Regional Managers regarding pricing changes, renewal rates and proposed property adjustments.
• Prepare agendas and facilitate internal / external meetings.
• Be proficient and knowledgeable on all software programs used in the leasing process at the communities and coach community employees to effectively use the systems and tools.
• Conduct troubleshooting and problem resolution.