Asset Manager

R4 Capital LLC; Austin (TX); On-site; USD 62,000 - 275,000; Full time

Job summary

An established industry player in affordable housing is seeking a dedicated Asset Manager to enhance its Asset Management and Servicing businesses. This role involves managing a diverse portfolio of affordable housing debt investments and collaborating with various stakeholders to ensure operational excellence. The ideal candidate will possess strong analytical and communication skills, along with a Bachelor's degree in a related field. With a focus on relationship-building and financial oversight, this position offers the opportunity to make a significant impact in a rapidly growing sector. Join a forward-thinking firm that values innovation and teamwork.

Qualifications

• 5+ years of real estate experience preferred.
• Strong computer and analytical skills required.

Responsibilities

• Manage a national portfolio of affordable housing debt investments.
• Act as primary contact for external partners and develop relationships.

Skills

Analytical Skills

Communication Skills

Project Management

Excel Proficiency

Multitasking

Education

Bachelor’s Degree in Real Estate

Bachelor’s Degree in Business

Bachelor’s Degree in Finance

Tools

MRI Software

Job description

Get AI-powered advice on this job and more exclusive features.

R4 Capital is a nationwide affordable housing investor, lender, loan servicer, and asset manager. Founded in 2011, the firm manages more than $11.0 billion of affordable housing equity and debt investments, with a portfolio spanning 49 U.S. states and territories. The company's investments include $8.0 billion of LIHTC equity and over $3.0 billion of tax-exempt debt, providing more than 50,000 units of affordable housing. R4 Capital has offices in New York, NY, Boston, MA, Newport Beach, CA, and Austin, TX.

Description

R4 Servicer LLC (“R4”) is seeking an Asset Manager to help build the Asset Management and Servicing businesses for a rapidly growing portfolio. Key responsibilities include:

1. Managing a national portfolio of affordable housing debt investments
2. Acting as the primary contact for external partners, developing and maintaining relationships with borrowers, lender representatives, and management agents
3. Collecting and reviewing paperwork for Completion and Stabilization, including analyzing back-end underwriting for milestones
4. Processing monthly draw requisitions, managing budgets and funding
5. Handling operating reserve requisitions and reviewing bond/loan documents
6. Monitoring financial reporting and compliance from Borrowers
7. Preparing risk watchlist reports and assigning risk ratings
8. Collaborating with Borrowers and Management Agents to address operational issues and create action plans
9. Conducting annual and on-demand portfolio inspections and providing onsite reports
10. Processing consent requests such as management or collateral changes
11. Managing portfolio data through MRI Software platform
12. Participating in Investment Committee meetings and onboarding new developer partners

Qualifications

• Bachelor’s Degree in real estate, business, finance, or related field
• 5+ years of real estate experience preferred
• Strong computer, analytical, and communication skills; Excel proficiency preferred
• Highly organized with multitasking and prioritization skills
• Project management experience and financial statement review skills are a plus
• Knowledge of LIHTC (Section 42) Program is a plus

Additional Details

Seniority level: Mid-Senior level

Employment type: Full-time

Job function: Finance and Sales

Referrals can double your chances of interview opportunities. Sign in to set job alerts for “Asset Manager” roles.

Location and salary ranges vary, with recent postings in Austin, TX, offering between $62,000 and $275,000, depending on the role and experience.