Revenue Analyst

From the West Coast to the East Coast and everywhere in between, 29th Street Property Management manages diverse multifamily properties. Ranging from high-end luxury assets to small-scale properties, 29th Street continues to grow. Our multi-billion-dollar collection of properties across the nation gives us an opportunity to continue to diversify our community portfolio, making us a multifamily industry leader.

We offer a competitive benefits package of: 15 Paid Vacation Days, 6 Paid Sick Days, 11 Paid Holidays, Immediate Eligibility for Medical, Dental and Vision Insurance, Heath Savings Account, Short Term Disability, Basic Life Insurance, Pet Insurance, 401K and more! Come join our growing team!

SUMMARY OF POSITION:

The Revenue Analyst is responsible for leading and optimizing rental pricing strategies across the portfolio, leveraging advanced expertise in Rentana Revenue Management to drive revenue growth while aligning with business plans and budgets. This role combines analytical rigor with leadership capabilities, overseeing pricing decisions, guiding a future Pricing Analyst team, and ensuring alignment with market conditions. The Revenue Analyst interprets KPIs, market surveys, and financial performance data to make informed adjustments to pricing strategies and system settings. They serve as a trusted advisor to site teams, building understanding and buy-in for pricing decisions through clear communication and training. This position requires a blend of technical acumen, problem-solving skills, and the ability to lead in a fast-paced, multi-site environment.

The position is a hybrid role based in the Corporate Chicago office

ESSENTIAL JOB FUNCTIONS:

• Navigate and update Rentana’s settings at both the company and property levels as needed.
• Analyze and clearly articulate pricing decisions using charts, reports, and supporting data.
• Interpret market surveys, including net effective rent comparisons, to inform pricing strategies.
• Review and interpret KPIs in UDP Business Intelligence, particularly in comparison to submarket performance.
• Identify and implement necessary Rentana setting adjustments in response to unusual or inconsistent pricing suggestions, especially when deviating from business plan or budget targets.
• Analyze the rental income portion of financial statements and integrate findings into pricing strategies.
• Troubleshoot and resolve technical issues, data entry errors, or escalations from site teams.
• Lead and train Pricing Analyst team members on best practices for reviewing daily rates, interpreting reports, and generating renewals.
• Prepare and host pricing calls with site teams and asset management representatives.
• Train new site team members on Rentana best practices and pricing call report generation.
• Assist with onboarding newly acquired or transitioned assets by validating data feeds, auditing unit attributes and amenities, analyzing amenities/base rent adjustments and supporting revenue management system configuration.
• Serve as the primary revenue management contact during property dispositions, coordinating with buyers and internal stakeholders to provide requested reporting, including base rent adjustments, amenity configurations, renewal offers, and other revenue management data.

REQUIRED SKILLS / ABILITIES

• Ability to lead at least one direct report, fostering an accountable and results-oriented environment.
• Effective communicator who can build trust with site teams and secure buy-in for pricing strategies.
• Skilled at identifying and addressing training needs at both the site and pricing analyst levels.
• Strong attention to detail and organizational skills in a fast-paced, multi-site environment.
• Ability to manage stress effectively and remain adaptable in shifting market conditions.
• Visualizes the bigger picture, delegates as necessary, but also dives in when warranted.
• Clearly presents and articulates information in diverse settings, including to executives and investors, as well as various ownership groups in 3^rd party property management assignments.
• Quickly adapts and remains organized in a high-paced and fluid environment.
• Must be able to quickly identify operational bottlenecks and devise effective solutions to overcome them, ensuring that the revenue engine runs smoothly and efficiently.
• Moderate to advanced expertise in Excel.
• Ability to travel up to 20%.

EDUCATION AND EXPERIENCE:

• Bachelor’s degree in business, accounting, finance, economics, or related field preferred.
• Minimum 1-2 years of experience with a Revenue Management software (e.g. AIRM, LRO, Yieldstar, REBA Rent or Rentana) and Revenue Management Certified, or 5 years of experience in multi-family operations while utilizing revenue management on site.
• Experience overseeing, managing and/or training team members.
• Preferred experience pricing value-add properties undergoing significant unit renovation programs.

#HRA

Salary : $75,000 - $85,000