Direct message the job poster from Next Level Talent
Alexis Bogen
Founder/Principal of Next Level Talent | 20+ year real estate vet and trusted talent acquisition & organizational development partner
We have partnered with a legacy investor in affordable housing, with a massive footprint across the country, who is looking to bring on an Asset Manager for their equity investment team. In this role, the Asset Manager will be responsible for overseeing a portion of a 30,000+ unit portfolio, providing direction and developing strategy to meet financial and operational goals year over year.
Responsibilities:
Conduct monthly reviews and analyses of property operating statements.
Analyze balance sheets and income statements, review budgets and business plans, and update annual operating projections and variances.
Prepare investment valuations using DCF models.
Engage with partners and property managers to discuss operating activities and adherence to business plans.
Ensure compliance with operating and property management agreements.
Track and evaluate development and construction projects including rehabilitation initiatives, ensuring budgets and milestones are within original plans and scope.
Participate in determining any updates to scope of work when needed.
Monitor and track all capital expenditures, reviewing budgets, lender requirements and physical need studies.
Develop and implement strategies to increase portfolio value, providing recommendations to senior leadership.
Perform sensitivity analysis for refinancing and buy/sell/hold strategies.
Conduct appraisal analysis, collect market research and provide information to potential lenders and partners.
Facilitate refinancing and property sales, assisting partners and stakeholders when needed.
Report and present portfolio and investment performance metrics to leadership, and the Board of Directors.
Requirements:
5+ years in real estate asset management or development.
Bachelor's degree required.
Proficiency in analyzing balance sheets, income statements, and cash flow statements.
Expert level use of Excel and similar programs.
Experience with budgeting and variance analysis.
Demonstrated knowledge of affordable housing.
Experience managing rehabilitation projects and capital expenditures.
Excellent written and communication skills.
Willingness and ability to travel up to 40%
This role is hybrid, 3 days in office and subject to change.
Excellent benefits package
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Finance, Management, and Strategy/Planning
Industries
Real Estate
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