Managing Director of Multifamily Office to Residential Conversions

Corporate Overview

Rose Associates is a premier market leader in multifamily and mixed-use real estate. Our portfolio spans the Northeast and Mid-Atlantic regions and includes market-rate, workforce, affordable, and stabilized housing. Through our vertically integrated platform encompassing property and asset management, development, construction, leasing, marketing, and financial operations, we transform real estate opportunities into thriving communities and long-term value. We rely on technology and the deep expertise of our team to consistently outperform the market in the operation of nearly 40,000 units across some 300 properties in the most challenging housing markets in the country.

For more than 100 years, Rose Associates has built a reputation for excellence in real estate ownership, development, and management. As a woman-owned company led by CEO Amy Rose, we foster a culture of innovation, collaboration, and inclusion while creating opportunities for our people to grow alongside our expanding portfolio.

Rose Associates is seeking a highly accomplished Managing Director of Multifamily Operations to lead our experienced team that oversees assets that have undergone the transition from office and commercial properties to residential communities. This leadership role will oversee the day to day operations from pre-development planning and operational due diligence through lease-up, stabilization, and long-term asset performance.

Serving as a key partner to Development, Construction, Asset Management, Finance, Legal, and Property Operations, the Managing Director will lead the successful opening and on-going management of these newly converted residential communities. The ideal candidate understands not only how to operate residential assets, but how to transform office and commercial buildings into scalable, operationally efficient multifamily communities.

• Lead operational strategy and execution for commercial-to-residential conversion projects across multiple assets.
• Partner with Rose's highly experienced Operations, Development, Construction, Architecture, Engineering, Legal, and Ownership teams to assess conversion feasibility, building systems, resident experience, and service delivery models while guiding assets from concept through stabilization.
• Provide operational input on unit mix, amenity programming, staffing, technology, building operations, and long-term efficiency strategies.
• Identify operational risks, infrastructure constraints, and cost exposures associated with adaptive reuse projects.
• Support due diligence, acquisitions, and repositioning initiatives.

• Oversee the transition from construction completion through lease-up, stabilization, and ongoing operations.
• Develop operational readiness plans, including staffing, vendor onboarding, technology implementation, training, policies, and resident service standards.
• Partner with Marketing and Leasing to support asset positioning, leasing performance, and resident retention.
• Drive occupancy, resident satisfaction, operational efficiency, and NOI growth.

• Partner with Ownership and Asset Management to develop business plans, operating budgets, staffing strategies, and forecasts.
• Analyze asset performance and identify opportunities to improve revenue, efficiency, and long‑term value.
• Collaborate with Finance and Accounting on budgeting, variance analysis, reserve planning, and capital forecasting.
• Ensure operational decisions align with investment objectives and portfolio strategy.

• Serve as the primary operational leader coordinating internal teams and external stakeholders throughout the conversion lifecycle.
• Lead, mentor, and develop Property Management, Engineering, Leasing, Facilities, and Resident Services teams.
• Build scalable operating models, processes, and best practices to support future conversion projects.
• Partner with Human Resources and Talent Acquisition on workforce planning, staffing transitions, and leadership development.
• Foster a culture of accountability, innovation, and operational excellence.

• Ensure compliance with applicable housing regulations, local laws, labor requirements, and operational standards and partner with Legal and Compliance on certificates of occupancy, inspections, accessibility requirements, regulatory matters, and risk mitigation.
• Oversee vendor…