About Meritus Property Group

Meritus is comprised of a committed team of commercial and multi-family management professionals that take great pride in being stewards of the built environment, operating assets efficiently, and providing an outstanding tenant experience.

Lease-Up Property Manager 

Meritus Property Group | Lease-Up Community 

Meritus Property Group is seeking an exceptional Lease-Up Property Manager to lead the launch, stabilization, and long-term operational success of a new multifamily community. This is a high-impact leadership role for a proven operator who knows how to build momentum before opening, inspire a team through the intensity of lease-up, and create a resident experience that converts first impressions into long-term value. 

The ideal candidate has successfully managed a multifamily lease-up previously and understands the discipline, pace, and precision required to take a new asset from pre-leasing through stabilization. This person must be a confident leader, strong communicator, financially capable, highly organized, and comfortable using data to make smart operational decisions. 

At Meritus, we believe that strong property performance begins with strong people, thoughtful care, and meaningful community connection. Our work is guided by our vision pillars: 

• Centered on People 

• Committed to Care 

• Connected by Community 

The Lease-Up Property Manager will be responsible for bringing these pillars to life through team leadership, resident experience, owner communication, operational execution, and financial performance. 

Position Summary 

The Lease-Up Property Manager is responsible for the successful opening, lease-up, and operational management of a new multifamily community. This role oversees all aspects of property operations, including leasing velocity, team performance, resident experience, revenue management, budget adherence, financial reporting, vendor oversight, compliance, maintenance coordination, marketing execution, and owner/investor reporting. 

This is not a maintenance-only or leasing-only management role. This is a true business leadership position. The successful candidate will understand how to operate the property as an asset, lead the site team as a high-performing unit, and make daily decisions that support occupancy, revenue, reputation, and long-term value. 

What Makes This Role Exciting 

This is an opportunity to lead the full story of a new community from the beginning. 

The Lease-Up Property Manager will shape the culture, establish the operating rhythm, build the resident experience, and help define how the community is introduced to the market. This role is ideal for someone who thrives in a fast-moving environment, enjoys building systems from the ground up, and takes pride in seeing a property become a vibrant, well-managed community. 

The right leader will not simply “manage” the property. They will launch it, own it, and elevate it. 

Key Responsibilities 

Lease-Up Strategy & Execution 

• Lead the community through all phases of lease-up, including pre-opening preparation, pre-leasing, first move-ins, phased building deliveries, stabilization, and transition into steady-state operations. 

• Create and execute a disciplined lease-up plan that supports occupancy goals, revenue targets, traffic generation, application conversion, move-in quality, and resident retention. 

• Monitor weekly leasing performance, traffic sources, conversion ratios, exposure, available inventory, pricing, concessions, and competitor activity. 

• Partner with leadership to evaluate market conditions and recommend leasing strategies, specials, pricing adjustments, outreach plans, and operational improvements. 

• Ensure the leasing team is prepared to sell the community with confidence, acc