Lujain Alfazzani

Property Manager @Bozzuto

Fairfield County, CT, US

Manage a $5.4M operating budget, consistently delivering positive NOI variances through strategic expense management, vendor renegotiations, and resource optimization.• Reengineered a volatile waste removal contract, converting a projected 10% escalation into a five-year fixed-rate agreement, generating $73K in savings and stabilizing long-term OPEX.• Recovered $64K in vacancy-related losses and reversed projected budget overage by executing a disciplined occupancy strategy, reaching 100% occupancy within three months and outperforming targets.• Reduced annual marketing spend by 75% and eliminated $22K–$27K in brokerage/MLS fees through a data-driven leasing strategy, maintaining 98.89% average occupancy and enhancing rent roll performance.• Negotiated resolution of $24.7K in erroneous elevator charges, preserving NOI and establishing executive-level relationships for future contract governance and portfolio leverage.• Secured a four-year rate lock with ButterflyMX, rolling back escalated pricing to 2022 levels and avoiding $8.8K in future costs, improving expense forecasting and long-term financial planning.• Achieved a 14% reduction in waste management costs through vendor renegotiation, contributing to monthly savings and improved margins.• Developed resident engagement programs that supported retention, stabilized revenue, and enhanced online reputation, reinforcing asset value and long-term performance.

Southern Connecticut State University School of Business

Bachelor of Science - BS