Omninet Capital
Revenue Manager
- Compensation
- Not disclosed
- Location
- Dallas, TX
- Work setup
- Not specified
- Seniority
- Not specified
- Employment
- Full time
- Experience
- 5+ years
- Category
- Not specified
- Posted
Skills
Must have
- 5–10 years of progressive experience in multifamily revenue management, pricing, asset management, or closely related real estate functions, including substantial hands-on responsibility for portfolio
- Demonstrated experience owning multifamily pricing decisions and leading revenue management discussions across multiple properties.
- Hands-on expertise with multifamily revenue management platforms such as YieldStar/AIRM, LRO, or comparable systems required.
- Strong knowledge of multifamily operations, leasing economics, occupancy management, concessions, and renewal strategy.
- Working knowledge of Yardi and EliseAI preferred; advanced Excel and financial modeling required. Experience with Power BI or similar tools preferred; SQL a plus.
- Strong business judgment, executive communication, stakeholder influence, and the ability to coach property teams without direct reporting authority.
- Experience supporting acquisitions, lease-ups, repositioning, or asset stabilization strongly preferred.
- Comfort using AI and automation tools responsibly, including validating outputs and applying sound commercial judgment.
- Ability to travel to properties up to 25% of the time.
Full description
Job Summary
Omninet Capital is seeking an experienced, commercially minded Revenue Manager to lead pricing strategy and revenue optimization across our multifamily portfolio. This role owns revenue management processes, renewal strategies, market intelligence, and actionable performance insights for both existing properties and new acquisitions.
Working closely with Asset Management, Regional Managers, and onsite teams, the Revenue Manager will lead pricing discussions, translate market and property-level data into decisions, and drive improvements in occupancy, rental revenue, and net operating income (NOI).
Responsibilities
Revenue Management & Pricing Strategy
- Own portfolio pricing and revenue management strategy, including revenue management platform configuration, pricing parameters, lease terms, amenity premiums, and data integrity.
- Set and adjust rental pricing by property, floor plan, unit type, and renovation level to balance occupancy, leasing velocity, and rent growth.
- Lead renewal pricing and offer strategy, monitoring retention, lease expirations, exposure, and revenue impact.
- Evaluate concessions and promotions and direct timely adjustments based on performance and market conditions.
- Identify and implement ancillary revenue opportunities, including parking, laundry, technology fees, and other income streams.
Acquisitions & Asset Strategy
- Partner with Asset Management and Operations on acquisition underwriting, market rent assumptions, pricing strategies, and Year 1 revenue plans.
- Develop revenue strategies for new acquisitions, lease-ups, repositioning, and stabilization, including opportunities from unit renovations, amenity premiums, and ancillary income.
- Proactively identify underperforming assets and develop actionable revenue improvement plans with property leadership.
Market Intelligence & Competitive Analysis
- Oversee market surveys and competitive sets, including competitor outreach and property visits.
- Analyze rent comparables, new supply, demand, employment trends, and submarket dynamics to inform portfolio pricing decisions.
- Anticipate market shifts and communicate risks and opportunities with recommended actions.
Financial Analysis & Performance Reporting
- Own revenue models, dashboards, forecasts, and recurring portfolio reporting, translating results into clear recommendations for leadership.
- Monitor occupancy, effective rents, lease trade-outs, renewal conversion, concessions, leasing velocity, and revenue growth.
- Lead weekly pricing and renewal meetings and partner with Asset Management on budget performance, forecasts, and business plans.