Asset Manager

Pegasus Staffing Partners; Nashville (TN); On-site; USD 90,000 - 140,000; Full time

Job summary

Pegasus Staffing Partners partners with a well-established real estate investment platform to identify a Portfolio & Asset Manager overseeing a growing LIHTC portfolio. The role covers asset lifecycle from construction through lease-up to ongoing operations, with emphasis on protecting investor capital, maintaining compliance, and optimizing asset performance.

The ideal candidate will be highly organized, analytical, and relationship-driven, able to manage multiple projects and deadlines in a

Qualifications

• Bachelor's degree in accounting, finance, real estate, business, or a related field.
• 3–5 years of experience in LIHTC, affordable housing, tax-credit syndication, real estate asset management, or related field.
• Experience reviewing LIHTC documentation including cost certifications, Form 8609s, state eligibility documentation, tax-credit projections, construction draws, and investor reporting.
• Strong understanding of real estate financial statements, property-level performance, and affordable-housing program requirements.
• Excellent written, verbal, presentation, and interpersonal communication skills.
• Proven ability to manage multiple priorities, work independently, and meet deadlines.
• Proactive, solutions-oriented with strong analytical and problem-solving skills.

Responsibilities

• Oversee LIHTC portfolio performance, compliance, and financial health throughout asset lifecycles.
• Review construction draws, capital requests, project updates, and supporting documentation during lease-up.
• Serve as primary contact for developers, general partners, property management, and external partners.
• Review tenant files and LIHTC documentation based on risk assessments.
• Coordinate with internal teams to provide portfolio data for reporting requirements.
• Analyze lease-up progress, timelines, and projected placed-in-service dates for tax-credit projections.
• Review cost certifications, Form 8609 documentation, state eligibility statements, and LIHTC deliverables.
• Evaluate operating results, budgets vs. actuals, liquidity, and performance indicators.
• Prepare investor reporting including quarterly construction and lease-up memorandums and project summaries.

Skills

LIHTC knowledge

Analytical thinking

Communication skills

Project management

Relationship management

Education

Bachelor's degree in accounting/finance/real estate/business

Tools

LIHTC documentation (cost certifications, Form 8609s)

Job description

We are partnering with a well-established real estate investment platform to identify a Portfolio & Asset Manager to oversee a growing portfolio of Low-Income Housing Tax Credit (LIHTC) investments. This individual will play a key role in managing properties from construction through lease-up and ongoing operations, with a focus on protecting investor capital, maintaining compliance, and optimizing the financial performance of each asset.

The ideal candidate is highly organized, analytical, relationship-driven, and comfortable managing multiple projects and deadlines in a fast-paced environment. This is an opportunity to work closely with internal tax, finance, underwriting, and acquisitions teams, as well as external development partners, property management companies, and investors.

Key responsibilities:

• Oversee the performance, compliance, and financial health of an assigned LIHTC portfolio throughout each asset's lifecycle.
• Monitor properties during construction and lease-up by reviewing construction draws, capital requests, project updates, and other supporting documentation.
• Serve as a primary point of contact for developers, general partners, property management companies, and other external partners following project closing.
• Review tenant files and supporting compliance documentation based on property-level risk assessments.
• Partner with property management compliance contacts to collect required forms, certifications, and other documentation.
• Analyze lease-up progress, construction timelines, and anticipated placed-in-service dates to prepare tax-credit projections.
• Review and approve cost certifications, Form 8609 documentation, state eligibility statements, and other LIHTC-related deliverables.
• Review property-level tax returns, interim financial statements, and audited financial statements.
• Evaluate operating results, financial trends, budget-to-actual variances, liquidity, and other performance indicators to identify risks and opportunities.
• Prepare investor reporting, including quarterly construction and lease-up memorandums, project summaries, and other internal and external reporting.
• Manage the collection of asset management fees through the company's real estate database.
• Review project documentation for consistency with closing pro formas, partnership agreements, due-diligence materials, and other closing documents.
• Coordinate with underwriting, tax, finance, acquisitions, and other internal teams to provide portfolio data and support ongoing reporting requirements.
• Build and maintain strong, long-term relationships with development and operating partners while proactively identifying and resolving issues.

Qualifications:

• Bachelor's degree in accounting, finance, real estate, business, or a related field.
• Three to five years of experience in LIHTC, affordable housing, tax-credit syndication, real estate asset management, or a closely related field.
• Experience reviewing or working with LIHTC documentation, including cost certifications, Form 8609s, state eligibility documentation, tax-credit projections, construction draws, and/or investor reporting.
• Strong understanding of real estate financial statements, property-level performance analysis, and affordable-housing program requirements.
• Excellent written, verbal, presentation, and interpersonal communication skills.
• Proven ability to manage multiple priorities, work independently, and meet time-sensitive deadlines.
• Proactive, solutions-oriented approach with strong analytical and problem-solving skills.
• Ability to work effectively both independently and collaboratively across internal teams and external stakeholders.

Preferred background:

• Experience in LIHTC asset management, tax-credit syndication, affordable housing investing, development, underwriting, or property operations.
• Familiarity with construction monitoring, lease-up reporting, investor reporting, and partnership-level documentation.
• Experience managing relationships with developers, general partners, property management companies, and/or institutional investors.

Why this opportunity

This role offers meaningful exposure to the full lifecycle of LIHTC investments - from construction and lease-up through stabilized operations - within a collaborative platform that values strong relationships, thoughtful risk management, and professional growth. The successful candidate will have the opportunity to take ownership of a portfolio, work directly with experienced industry professionals, and build long-term expertise in affordable housing asset management.

Form 8609 is central to LIHTC allocations and certification, and cost certifications generally support the eligible-basis determination used in the tax-credit process; for that reason, I retained those terms in the posting but framed the work as reviewing and managing documentation rather than personally issuing those forms.