Asset Manager - Construction

Cherry Bekaert; Silver Spring (MD); Hybrid; USD 90,000 - 140,000; Full time

Job summary

Cherry Bekaert LLP in Silver Spring, MD is seeking an Asset Manager - Construction (Contract-to-Hire) to oversee the financial and operational performance of an affordable housing portfolio. The role blends hands-on asset management with construction oversight and requires collaboration with property teams, consultants, and contractors.

The ideal candidate will bring strong financial analysis, budgeting, and capital project management skills, plus knowledge of LIHTC and HUD programs, and

Qualifications

• Bachelor's degree in Real Estate, Finance, Business, Construction Management, Urban Planning, or related field.
• 5+ years of experience in asset management, affordable housing, construction management, property operations, or related real estate functions.
• Strong financial analysis, budgeting, and capital project management experience.
• Knowledge of affordable housing programs, including LIHTC and HUD-related programs.
• Advanced Excel skills

Responsibilities

• Manage the financial and operational performance of an affordable housing portfolio
• Oversee capital improvement and rehabilitation projects from planning through completion
• Monitor reserves, budgets, cash flow, and asset performance
• Ensure compliance with affordable housing programs, financing requirements, and LIHTC regulations
• Partner with property management teams, consultants, contractors, and stakeholders
• Conduct portfolio analysis, property inspections, and long-term asset planning
• Present recommendations and performance updates to senior leadership

Skills

Financial analysis

Budgeting

Asset management

Advanced Excel

LIHTC knowledge

Construction oversight

Education

Bachelor's degree in Real Estate

Tools

MRI Investment Central

Yardi

RealPage

Boston Post

Sage Intacct

Job description

Asset Manager - Construction (Contract-to-Hire)

Join a mission-driven real estate organization and collaborate with a strong, supportive team focused on preserving and enhancing affordable housing communities.

Work Arrangement

• Hybrid schedule
• 2-3 days per week in the office

Key Responsibilities

• Manage the financial and operational performance of an affordable housing portfolio
• Oversee capital improvement and rehabilitation projects from planning through completion
• Monitor reserves, budgets, cash flow, and asset performance
• Ensure compliance with affordable housing programs, financing requirements, and LIHTC regulations
• Partner with property management teams, consultants, contractors, and stakeholders
• Conduct portfolio analysis, property inspections, and long-term asset planning
• Present recommendations and performance updates to senior leadership

Qualifications

• Bachelor's degree in Real Estate, Finance, Business, Construction Management, Urban Planning, or related field
• 5+ years of experience in asset management, affordable housing, construction management, property operations, or related real estate functions
• Strong financial analysis, budgeting, and capital project management experience
• Knowledge of affordable housing programs, including LIHTC and HUD-related programs
• Advanced Excel skills

Preferred Systems Experience

• MRI Investment Central
• Yardi
• RealPage
• Boston Post
• Sage Intacct

Ideal Candidate A hands-on asset management professional who combines strong financial acumen with construction and capital project experience, and is passionate about supporting affordable housing initiatives while working as part of a collaborative team. IND4