LIHTC Asset Manager – Bay Area Portfolio

The Pacific Companies

Eagle (ID)

On-site

USD 110,000 - 170,000

Full time

8 days ago
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Job summary

The Pacific Companies is seeking an experienced Asset Manager to oversee a growing portfolio of properties, with travel to Bay Area assets. The role requires coordinating with finance, construction, architecture, and accounting to ensure LIHTC and regulatory compliance, budgeting accuracy, and robust asset performance.

Candidates should have 5+ years in financial/real estate asset management, strong Excel and modeling skills, and the ability to read property-level financial statements.

Qualifications

  • Bachelor's degree required or equivalent education/experience.
  • 5+ years of financial or real estate experience, property management or asset management preferred.
  • LIHTC or public/private housing asset management/finance program familiarity.
  • Excellent written and verbal communication and ability to present to investors.
  • Advanced proficiency in Excel and financial modeling; familiarity with asset management software.

Responsibilities

  • Oversees and manages economic, financial, physical, and compliance needs of portfolio; creates strategies for assets for optimum performance.
  • Collaborate with finance, construction, architecture, and accounting to meet standards and compliance.
  • Review LIHTC program documents and understand implications for operations of rental communities.
  • Review budgets and financial plans to identify issues and reforecast.
  • Ensure financials, rent rolls, budgets, tax returns, and audits are loaded accurately with management companies.
  • Identify and resolve issues with projects and credit; work with general partners to resolve.
  • 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 and review property management companies and practices.
  • Manage relationships with limited partners, lenders, and housing finance agencies.
  • Dispositions: work with executive officer on sale of properties.

Skills

Financial analysis
Budgeting
Financial modeling
Communication
Multi‑tasking

Education

Bachelor's degree in Finance, Business Administration, Management, Real-Estate, or related field

Tools

Yardi
MRI
Excel

Job description

The Pacific Companies is seeking an experienced Asset Manager to oversee a growing portfolio of properties, with travel to Bay Area assets. The role requires coordinating with finance, construction, architecture, and accounting to ensure LIHTC and regulatory compliance, budgeting accuracy, and robust asset performance.

Candidates should have 5+ years in financial/real estate asset management, strong Excel and modeling skills, and the ability to read property-level financial statements.

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