Asset Management Senior Associate

Alexander Chapman Ltd; West Palm Beach (FL); On-site; USD 90,000 - 130,000; Full time

Job summary

Alexander Chapman Ltd in the United States seeks a real estate finance professional to oversee the performance of its affordable housing portfolio, including LIHTC and Section 8 properties, with a focus on occupancy, rent collection, and cash flow for properties across the Southeast and West regions.

You will analyze monthly statements, support budgets and capital improvement projects, and coordinate with property managers and compliance teams to ensure timely reporting and adherence to program

Qualifications

• Monitor property performance, including occupancy, rent collections, operating expenses, and cash flow across the affordable housing portfolio.
• Review monthly financial statements, compare results against budgets, and investigate variances with property managers.
• Support annual budgets, business plans, and capital improvement projects, tracking spending and progress.
• Coordinate with property managers and compliance teams to monitor LIHTC restrictions, Section 8 requirements, and reporting deadlines.
• Prepare investor and lender reports and support refinancing, valuations, and property dispositions.

Responsibilities

• Monitor property performance, including occupancy, rent collections, operating expenses, and cash flow across the affordable housing portfolio.
• Review monthly financial statements, compare results against budgets, and investigate variances with property managers.
• Support annual budgets, business plans, and capital improvement projects, tracking spending and progress.
• Coordinate with property managers and compliance teams to monitor LIHTC restrictions, Section 8 requirements, and reporting deadlines.
• Prepare investor and lender reports and support refinancing, valuations, and property dispositions.

Job description

A real estate investment firm focused on acquiring, preserving, and operating affordable multifamily housing across the United States, particularly in the Southeast and West. The firm invests in communities serving families and seniors, including properties supported by Low-Income Housing Tax Credits (LIHTC) and Section 8 programs. Its strategy combines acquisitions, property improvements, and active asset management to preserve affordability and strengthen long-term property performance.

About the role:

• Monitor property performance, including occupancy, rent collections, operating expenses, and cash flow across the affordable housing portfolio.
• Review monthly financial statements, compare results against budgets, and investigate variances with property managers.
• Support annual budgets, business plans, and capital improvement projects, tracking spending and progress.
• Coordinate with property managers and compliance teams to monitor LIHTC restrictions, Section 8 requirements, and reporting deadlines.
• Prepare investor and lender reports and support refinancing, valuations, and property dispositions.