Full-Time

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Vesta Corporation

Vesta Corporation

51-200 employees

Develops and operates affordable multifamily housing

No salary listed

Westport, CT, USA

In Person

Category
Operations & Logistics (1)
Requirements
  • Associate's degree (A. A.) or equivalent from two-year College or technical school preferred
  • Three years minimum related experience and/or training; or equivalent combination of education and experience.
  • Experience working in a similar role for a management company preferred.
  • Successful completion of a background check and drug screening required.
  • Valid Driver's License and clean driving record required
Responsibilities
  • Coordinate with Residents and Leaseholders for their temporary relocation
  • Coordinate with professional movers, hired and paid for by Vesta. Including the moving in/out timeline and box delivery for residents to pack.
  • Complete inspection forms for move-in/move-out
  • Schedule pre-walk with residents to ensure they are prepared to move.
  • Assist residence in special moving requests (packing not included)
  • Residents will continue to pay current utilities, as all utilities in the temporary unit will be paid by Vesta
  • Coordinate any subsidy provider agency inspections of units, as required.
  • Management of required notices
  • Draft, deliver, and collect Leaseholder signatures for the following notices. Copies of all notices will be signed and dated, filed in Leaseholder’s file, and tracked on a spreadsheet. Copies of the notices and the spreadsheet may be required to be given to applicable agencies.
  • 30 Day Notice to Temporary Unit
  • 7 Day Notice to Temporary Unit
  • 7 Day Notice to Original Unit
  • Copies of all Resident Notices to Vacate
  • Copies of all Eviction papers
  • Copies of any other correspondence regarding the reason a tenant has moved out.
  • Any other notice is required.
  • Upload electrical copies of signed resident documentation to the online system
  • Manage resident Relocation Schedule.
  • Conduct pre-walks to ensure hotel units are cleaned and prepared for residents.
  • Work with contractors to facilitate hotel and vacant unit turns in preparation for resident relocation
  • Provide and facilitate communication of onsite activities to Property Management, General Contractor, Vesta Construction Management, Vesta Development Team and other team members and vendors.
  • Attend and facilitate resident meetings periodically through the construction period.
  • Meet with vendors and city officials as needed.
  • Other duties as assigned

Vesta Corporation develops, operates, and owns multifamily and senior rental housing communities, with a focus on affordable housing. It makes strategic real estate investments, then builds, manages, and maintains these properties to create thriving communities for residents while delivering returns to investors and partners. Its approach covers the whole lifecycle of a project—from financing and development to ongoing operations—backed by a track record of over $1 billion in financings and more than 20,000 affordable units across 12 states and the District of Columbia. Compared with others, Vesta emphasizes acting as developer, owner, and manager in one integrated effort, leveraging a long history of financing and hands-on management to meet the needs of residents, partners, and local communities. The company’s goal is to exceed expectations for investors, residents, and community stakeholders, and to grow the supply of safe, affordable housing while generating solid returns.

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Simsbury, Connecticut

Founded

1981

Simplify Jobs

Simplify's Take

What believers are saying

  • Senior housing demand surges in Ohio, Indiana, New Jersey markets.
  • Tax credits cut costs for adaptive reuse of historic properties.
  • Public-private partnerships expand for civic asset revitalization.

What critics are saying

  • LIHTC funding declines 60-80% in 6-12 months, slashing pipeline.
  • Hartford rent caps at 3% erode NOI on 1,500 units immediately.
  • Pennrose outcompetes Vesta on Ohio projects via superior ties.

What makes Vesta Corporation unique

  • Vesta converts schools like Collinwood into senior living communities.
  • Vesta rehabilitates distressed affordable housing in Connecticut.
  • Vesta partners with Esusu to boost resident credit scores.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Tuition Reimbursement

Pet Insurance

Employee Assistance Program

Long & Short-Term Disability Insurance

Company News

Cleveland Magazine
Nov 8th, 2023
Collinwood School Turns Into Senior Living Community

Vesta Corporation of Connecticut, a Connecticut-based real estate firm that specializes in the acquisition, development and management of multi-family affordable housing communities, acquired the Longfellow school property earlier this year.