Join an established leader within the real estate industry as an Asset Manager, and oversee the performance of an assigned within the company’s affordable housing portfolio. The successful candidate will have 3+ years of affordable housing asset management experience and enjoys working in a highly entrepreneurial environment. This Asset Management role offers the opportunity to join a dynamic team and a clear runway for future growth potential. Responsibilities:
Review and analyze financial statements, property performance, and market trends to support portfolio performance reporting and inform strategies for maximizing value to the company.
Assess project and partnership risk factors, including compliance with LIHTC provisions, terms of partnership agreements, loan documents, LURAs, QAPs, and tax credit applications.
Provide operational feedback to Construction and Development teams, support due diligence efforts, and coordinate regular asset calls and site visits with property management teams.
Negotiate and monitor contracts, establish strategies for the resolution of insurance claims and tenant legal proceedings, and protect ownership rights.
Minimum Qualifications:
Bachelor’s Degree
3 years’ experience in affordable housing asset management
Proficient in MS Suite (Word, Excel, Outlook)
Preferred Qualifications:
Bachelor’s or Master’s degree in Real Estate, Finance, or Business
Experience with LIHTC requirements
Experience with Yardi, Real Page and/or MRI Developer Central
Strong analytical and quantitative skills
Understanding of real estate accounting principles and financial reporting procedures
Ability to read and analyze complex business documents (e.g., leases, financial reports, contracts, loan documents and regulatory agreements)
Ability to work independently and has effective communication skills (verbal and written)
Salary Range: $100,000 – $130,000*
*The above represents the lowest to highest expected salary range for this job opening. Our client ultimately may pay more or less than the posted salary range, and the salary range may be modified in the future. Our client will consider job-related factors including, but not limited to, education, qualifications, certifications, experience, skills, geographic location, and business or organizational needs when determining pay.