COO - LIHTC / Affordable Housing

Macdonald & Company; Salt Lake City (UT); On-site; USD 150,000 - 200,000; Full time

Job summary

A real estate development firm in Salt Lake City is looking for a Chief Operating Officer to oversee daily management and growth strategies. The role requires strong skills in investment management and operational excellence, including the ability to lead cross-functional teams and manage property management agreements. The ideal candidate will help drive financial success while aligning with the company's culture and values. This full-time position demands effective leadership and strategic development expertise.

Qualifications

• Strong experience in investment management and development execution.
• Leadership capabilities to bridge strategy and operations.
• Ability to manage and evaluate third-party Property Management teams.

Responsibilities

• Develop and execute strategies to achieve financial and operational goals.
• Plan and direct operational policies, objectives, and initiatives.
• Optimize profitability and operational capability.
• Negotiate property management and legal agreements.
• Review staffing plans and approve hiring initiatives.

Skills

Investment management

Development execution

Cross-functional leadership

Operational excellence

Job description

Macdonald & Company are proudly partnered with a privately held Real Estate investor and developer, who develop Low-Income Housing Tax Credit Affordable Housing and Market-Rate Multifamily projects, as they seek to appoint a Chief Operating Officer or Head of Operations.

The Role

The COO will serve as a senior strategic partner to the executive team, overseeing the day-to-day management of the company while helping drive growth across investments, development initiatives, and operating platforms. This role is designed for a real estate leader with strong experience in investment management, development execution, and cross-functional leadership, capable of bridging strategy with hands‑on operational excellence.

Responsibilities:

• Develop and execute strategies to achieve the Company’s financial and operational goals.
• Plan and direct all aspects of the Company’s daily operational policies, objectives, and initiatives.
• Optimize the Company’s operating capability and profitability.
• Manage and evaluate third-party Property Management teams.
• Negotiate property management agreements and other core legal agreements.
• Establish policies and procedures that promote Company culture and core values.
• Review staffing plans with various departments and approve hiring initiatives.
• Evaluate Company and operational performance by analyzing data and translating it into actionable reporting, presenting reports to executives and investors

Seniority level: Director

Employment type: Full‑time

Job function: Analyst and Project Management

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