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About the Role

The Transition Property Manager (TPM) is a high-impact, results-driven role responsible for stabilizing occupancy and improving leasing performance across Foundation Communities’ multifamily portfolio. This position is assigned to communities in lease-up and/or experiencing challenges, partnering closely with site teams and leadership to drive measurable results and improve long-term site performance.

Responsibilities

• Develop and execute strategies to increase leasing traffic and occupancy.
• Analyze marketing performance, traffic sources, and leasing data to improve conversion and lease-up velocity.
• Track and report daily leasing activity, including traffic, applications, approvals, move-ins, and occupancy.
• Identify and implement corrective actions for operational or compliance bottlenecks.
• Maintain ownership of lease-up and stabilization targets and performance metrics.
• Audit leasing processes, procedures, and online lead sources, providing recommendations for improvement.
• Ensure all leasing activities comply with company policies, Fair Housing, ADA, FCRA, and other applicable regulations.
• Serve as the primary liaison between Property Management and Compliance teams for assigned critical assets.
• Support onsite teams with income qualification reviews, file completeness, unit designations, and program requirements.
• Review files for accuracy and completeness prior to submission to Compliance.
• Track approval status and communicate next steps to onsite teams.
• Ensure compliance issues are addressed promptly and corrective actions are implemented.
• Ensure leasing offices and models are prepared, professional, and tour-ready.
• Verify leasing binders, hot sheets, and required materials are complete and ready daily.
• Conduct competitor shops and maintain a comparison of at least five comparable communities per site.
• Provide hands-on guidance, coaching, and training to onsite leasing staff.
• Train teams on lease-up procedures, documentation standards, timelines, and best practices.
• Establish standardized workflows and expectations for application processing.
• Support staffing plans during high-volume leasing periods.
• Mentor onsite staff to build sustainable operational strength post-stabilization.
• Develop and implement standardized lease-up procedures, tools, trackers, and reporting templates.
• Serve as the central communication hub for lease-up and stabilization progress.
• Coordinate cross-functionally with Operations, Compliance, Maintenance, and Marketing.
• Escalate risks early and propose actionable solutions.

Requirements

• Minimum 3–5 years of affordable property management experience.
• Demonstrated experience with lease-ups or stabilized affordable portfolios.
• Strong understanding of compliance programs (LIHTC, HUD, or similar preferred).
• Proven ability to manage multiple priorities and deadlines.
• Strong organizational and communication skills.
• Experience training and supporting onsite teams.
• Proficiency with property management software and compliance platforms.

Skills

• Leasing
• Compliance
• Problem-solving
• Data analysis
• Reporting
• Auditing
• Training
• Coaching
• Communication
• Organization
• Property management software
• Compliance platforms

Location

• Austin, Texas

Work Type

• Full-time

Experience Level

• 3-5 years

Salary/Compensations

• $65,000 annually

Benefits

• Employer-paid health benefits
• 401(k) investment opportunity
• Employee Assistance Program
• Paid vacation
• Paid holiday
• Paid sick time

About the Company

• Foundation Communities provides an excellent benefits package.

Equal Opportunity

• Foundation Communities is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, veteran status, sexual orientation & gender identity.