Marianne Farrington

Oversee operations and financial performance for a multi-state portfolio of 6–9 residential communities totaling 3,000+ beds, driving occupancy, revenue growth, and asset value.

• Lead and develop 8 Property Managers, driving accountability, performance, and succession planning.
• Mentor emerging leaders, including newly promoted Regional Managers
• Manage operating budgets, financial reporting, variance analysis, and reforecasting to align with ownership objectives.
• Serve as primary liaison to ownership, delivering performance insights, reporting, and capital planning strategies.
• Conduct regular property inspections to ensure operational consistency, compliance, and asset quality.
• Lead annual turn strategy and capital planning initiatives across the portfolio.
• Stabilized underperforming assets through pricing strategy, targeted marketing, and operational restructuring.
• Contributed to the successful sale of 4 student housing assets totaling $92M in net proceeds, including 2 during tenure as Regional Manager, by improving occupancy, operational performance, and asset value.

Oversaw operational performance and financial management for a 1,640-bed portfolio generating $8.2M in annual revenue, while directly managing one onsite community and supervising additional properties.

• Achieved 24% rent growth through market analysis and strategic leasing initiatives.
• Led a $7M capital improvement project, completed two months ahead of schedule.
• Improved occupancy by 18% through team development and targeted marketing strategies
• Managed operating budgets and identified cost-saving opportunities through financial analysis.
• Partnered with onsite teams to execute leasing and operational strategies across the portfolio.
• Contributed to the successful sale of 2 student housing assets through improved onsite performance, operational execution, and asset stabilization while directly managing the community.

Directed daily operations for a 710-bed residential community, overseeing leasing performance, financial results, and team development.

• Led and developed onsite team, driving leasing performance and operational consistency.
• Increased rental rates by 10% and improved retention by 15% through targeted leasing and resident engagement strategies.
• Reduced turnover downtime by 25% by improving make-ready processes and operational efficiency.
• Oversaw $2M+ in capital improvements, ensuring projects were completed on time and aligned with asset performance goals.
• Maintained compliance with Fair Housing and operational standards while managing day-to-day property operations.
• Improved financial performance through vendor negotiations and cost control initiatives.

• Assisted with lease-up and renewals, maintaining strong closing ratios
• Facilitated leasing and financial administration to streamline daily operations
• Resolved resident conflicts and fostered positive relations to enhance community satisfaction
• Performed inspections to uphold safety standards and ensure regulatory compliance