Real Estate Equity Asset Manager: Affordable Housing

Enterprise Community Partners; San Francisco (CA); On-site; USD 100,000 - 120,000; Full time

Benefits offered by this job

Health benefits

401(k) with employer matching

Tuition reimbursement

Flexible work arrangements

Job summary

Enterprise Community Partners in the United States is seeking an Asset Manager, Real Estate Equity to oversee a portfolio of affordable and workforce housing investments and to lead workouts and dispositions as needed. You will conduct site visits, analyze performance, and coordinate with General Partners, lenders, and investors to protect returns.

Responsibilities include monitoring rent and affordability metrics, supporting strategic ESG initiatives, and preparing disposition memos with senior

Qualifications

• 5-7+ years’ experience with real estate, housing programs, finance, accounting, law, and/or property management.
• Bachelor’s degree required, preferably in real estate, finance, accounting or related field.
• Strong financial analysis skills are required.
• Familiarity with loan documents, partnership agreements, contracts and other legal documents is required.
• Knowledge of real estate and LIHTC are required.

Responsibilities

• Manage real estate portfolio of approximately 15 - 20 properties for which Enterprise provides asset management for Real Estate Equity funds.
• Identify, communicate and mitigate risks via reporting tools and site visits.
• Review, analyze and evaluate monthly property performance against proforma and budget; provide feedback to partners and internal teams.
• Coordinate with General Partners/Sponsors, funders and regulatory agencies to modify business plans as needed.
• Negotiate problem resolution/workout strategies with partners, lenders and public-sector entities.
• Conduct project site visits and provide technical assistance as needed.
• Prepare disposition memos and refinance analyses with senior leadership input.
• Support ESG and rent/affordability monitoring within the portfolio.

Skills

Financial analysis

Real estate experience

LIHTC knowledge

Negotiation

Communication skills

Education

Bachelor’s degree in real estate, finance, accounting or related field

Tools

MS Word

MS Excel

MS Outlook

Job description

Enterprise Community Partners in the United States is seeking an Asset Manager, Real Estate Equity to oversee a portfolio of affordable and workforce housing investments and to lead workouts and dispositions as needed. You will conduct site visits, analyze performance, and coordinate with General Partners, lenders, and investors to protect returns.

Responsibilities include monitoring rent and affordability metrics, supporting strategic ESG initiatives, and preparing disposition memos with senior