Asset Manager overseeing high-risk affordable housing properties and preparing strategic workout plans for financial stability. Collaborating with vendors and partners to drive performance and optimize asset management processes.
Responsibilities
Oversee a portfolio of high-risk and workout affordable housing properties, serving as a relationship manager, decision maker, and problem solver.
Prepare and present comprehensive workout plans, analysis, recommendations, and progress updates to leadership.
Conduct detailed reviews and financial analyses, and execute site visits.
Enhance relationships with vendors, partners, and investors while managing asset-level concerns.
Requirements
Minimum of five years’ experience in multi-family housing, with direct asset management responsibility.
Strong financial and analytical skills, with the ability to evaluate property performance, cash flow, distributions, and investment projections.
Working knowledge of Low-Income Housing Tax Credit (LIHTC) and HUD programs; Rural Development experience preferred but not required.
Solid understanding of multi-family real estate operations, including budgeting, forecasting, and leasing practices.
Proficiency in Microsoft Office applications (Outlook, Word, Access, and Excel) with the ability to prepare detailed financial reports and analyses.
Excellent communication, organizational, and interpersonal skills for collaboration with partners, property management companies, and internal teams.
Ability to manage multiple priorities in a fast-paced environment.
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