Asset Manager - Affordable Housing Portfolio (Bay Area)

The Pacific Companies; Boise (ID); Sur place; USD 90 000 - 140 000; Plein temps

Résumé du poste

The Pacific Companies, a national affordable housing developer, seeks an experienced Asset Manager for properties primarily in the Bay Area with some travel. This role manages economic, financial, physical, and regulatory aspects of a growing portfolio, coordinating with management companies and development teams to ensure compliant and profitable operations.

You will review budgets, rent rolls, and tax records, work with partners on financing and LIHTC compliance, and guide post-closing changes

Qualifications

• Bachelor's degree in Finance, Business Administration, Management, Real-Estate, or related field
• 5+ years of financial or real estate experience, property management, asset management preferred
• Preference for multi-family experience (asset management, management, operations, construction/rehab)
• Experience in public and private housing asset management/finance programs and related compliance requirements
• Ability to multi-task and deal with stress, balance competing demands on time and remote working

Responsabilités

• Oversees and manages the economic, financial, physical, and compliance needs of their portfolio, including strategies for each asset for optimum performance
• Collaborate with finance, construction, architecture, and accounting to meet company standards and compliance
• Research LIHTC program documents to understand asset requirements and implications
• Review financial and operational planning, budgeting to identify issues for reforecasting
• Work with management companies and software to ensure financials, rent rolls, budgets, tax returns, and audits are loaded accurately
• Identify and follow up on problems with projects and credit, and work with general partners to resolve issues
• Guide post-closing changes, ensure documentation is adequate and timely
• Coordinate with property management, housing authorities, and development team to meet lease-up and regulatory requirements
• Collect data, track projects, and distribute to asset management team
• Conduct site visits, review property management practices
• Compile and oversee annual state, federal, and financial reports
• Manage relationships with limited partners, lenders, and housing finance agencies
• Dispositions: work with Executive Officer on sale and transition

Connaissances

Financial analysis

Asset management

Communication

Regulatory compliance

Project coordination

Formation

Bachelor's degree in Finance/Business/Real-Estate

Outils

Excel

Yardi

MRI

Description du poste

The Pacific Companies, a national affordable housing developer, seeks an experienced Asset Manager for properties primarily in the Bay Area with some travel. This role manages economic, financial, physical, and regulatory aspects of a growing portfolio, coordinating with management companies and development teams to ensure compliant and profitable operations.

You will review budgets, rent rolls, and tax records, work with partners on financing and LIHTC compliance, and guide post-closing changes