AVP Asset Management - Building Affordable Housing NOI

Specialty Consultants Inc.; Washington; Hybrid; USD 120,000 - 160,000; Full time

Job summary

SCI is seeking a Sr. AM or AVP of Asset Management to oversee asset performance for affordable/workforce housing. Based in the DC office with a hybrid schedule, the role supports senior management in implementing asset strategies in line with company policies.

The candidate will oversee properties nearing construction, renovation, or lease-up, coordinating with the Development Group and Property Management to ensure projected performance prior to permanent conversion.

Qualifications

• Bachelor’s Degree in Real Estate, Finance, or Business (advanced degree a plus).
• Strong analytical and quantitative skills with advanced financial analysis capabilities.
• Proficiency with Microsoft Office suite, especially Excel.

Responsibilities

• Provide strategic direction to 3rd party Property Management, Relocation and Lease-up teams to achieve occupancy and NOI targets as required by local agencies and investors.
• Lead overall property budgeting, temporary relocation, and year-end processes with auditors and Finance.
• Track monthly financial performance, lease-ups, tax credit progress, and identify issues affecting operations.
• Hold Property Management Companies accountable to meet rent, occupancy, security, and operating expense targets to maximize NOI.
• Review closing documents and operating agreements to ensure compliance with requirements.
• Identify data management and reporting improvements; enhance data-driven decision making.
• Conduct regular site visits to assess operations, engage with officials and residents.
• Collaborate with Development Group and external PM to ensure properties perform as projected before perm conversion.

Skills

Analytical skills

Quantitative skills

Financial analysis

Education

Bachelor’s Degree in Real Estate, Finance, or Business

Advanced degree

Tools

Excel

Microsoft Office

Job description

SCI is seeking a Sr. AM or AVP of Asset Management to oversee asset performance for affordable/workforce housing. Based in the DC office with a hybrid schedule, the role supports senior management in implementing asset strategies in line with company policies.

The candidate will oversee properties nearing construction, renovation, or lease-up, coordinating with the Development Group and Property Management to ensure projected performance prior to permanent conversion.