Senior Asset Manager - Affordable Housing

Leoforce; Monte Nido (CA); Hybrid; USD 130,000 - 145,000; Full time

Benefits offered by this job

Annual bonus opportunity

PTO (3 weeks) per year

Hybrid work options

Vehicle and mobile phone allowances

Job summary

Leoforce is seeking a Senior Asset Manager for affordable housing in the United States. You will review monthly financials, monitor LIHTC compliance, analyze performance, and collaborate with Development, Construction, and Property Management to execute asset strategies.

You will lead asset management activities, support due diligence for acquisitions and dispositions, and manage contracts. A bachelor’s degree and 3–5 years of multifamily asset management are required; some travel (~5%) is

Qualifications

• Bachelor’s degree in Real Estate, Finance, Business, or a related field preferred.
• 3–5 years of multifamily asset management experience, preferably on the General Partner side.
• Working knowledge of LIHTC/Section 42 requirements.
• Strong financial analysis and quantitative skills.
• Understanding of real estate accounting and financial reporting.
• Advanced Excel skills and proficiency with Microsoft Office.
• Ability to analyze financial statements, leases, contracts, loan documents, and regulatory agreements.
• Strong communication, presentation, organization, and problem‑solving skills.
• Ability to work independently while partnering effectively across teams.
• Experience with Yardi, RealPage, or MRI is a plus.

Responsibilities

• Review monthly property financials, budgets, and variance reports to evaluate portfolio performance.
• Monitor property and partnership compliance with LIHTC/Section 42 requirements, partnership agreements, loan documents, and other regulatory requirements.
• Analyze property performance, valuations, market trends, and operational results to identify opportunities and risks.
• Partner with Development, Construction, and Property Management teams on asset strategy, leasing, financing, and project execution.
• Support due diligence for acquisitions, financing, and dispositions.
• Lead asset management calls and property visits, identifying issues and developing corrective action plans.
• Review and monitor property management, vendor, lease, and other operational contracts.
• Assist with insurance claims, tenant-related legal matters, and other property-level issues.

Skills

Financial analysis

Excel skills

Communication skills

Independent work

Cross-team collaboration

Education

Bachelor’s degree in Real Estate or Finance

Tools

Yardi

RealPage

MRI

Job description

Senior Asset Manager - Affordable Housing

Date Posted: 09-21-2026

Job Description

Experience: Manager

Salary: $130,000 - $145,000 per year

Job Details

• Review monthly property financials, budgets, and variance reports to evaluate portfolio performance.
• Monitor property and partnership compliance with LIHTC/Section 42 requirements, partnership agreements, loan documents, and other regulatory requirements.
• Analyze property performance, valuations, market trends, and operational results to identify opportunities and risks.
• Partner with Development, Construction, and Property Management teams on asset strategy, leasing, financing, and project execution.
• Support due diligence for acquisitions, financing, and dispositions.
• Lead asset management calls and property visits, identifying issues and developing corrective action plans.
• Review and monitor property management, vendor, lease, and other operational contracts.
• Assist with insurance claims, tenant-related legal matters, and other property-level issues.

QUALIFICATION

• Bachelor’s degree in Real Estate, Finance, Business, or a related field preferred.
• 3–5 years of multifamily asset management experience, preferably on the General Partner side.
• Working knowledge of LIHTC/Section 42 requirements.
• Strong financial analysis and quantitative skills.
• Understanding of real estate accounting and financial reporting.
• Advanced Excel skills and proficiency with Microsoft Office.
• Ability to analyze financial statements, leases, contracts, loan documents, and regulatory agreements.
• Strong communication, presentation, organization, and problem‑solving skills.
• Ability to work independently while partnering effectively across teams.
• Experience with Yardi, RealPage, or MRI is a plus.
• Approximately 5% travel for property inspections.

A bit about us:

We are a well-established real estate development and investment company with a diverse portfolio of residential communities across multiple markets. Our work spans market-rate, affordable, and specialized residential housing, with expertise throughout the full development lifecycle—from acquisition and financing through construction, operations, and asset management.

Why join us?

• Performance Incentive: Annual bonus opportunity tied to individual and company performance.
• Paid Time Off: Three weeks of PTO per year, available after the first 30 days.
• Flexible Work Options: Hybrid work arrangements available (upon completing training, etc.)
• Monthly Allowances: Stipend provided for vehicle and mOur Clientle phone expenses.
• Comprehensive Benefits: Medical and additional employee benefits
• Retirement Savings: 401(k) plan with an employer match