Senior Asset Manager - Affordable Housing Portfolio Lead

Mission-Housing-Development-Corporation; San Francisco (CA); On-site; USD 110,000 - 130,000; Full time

Job summary

Mission Housing Development Corporation is seeking a Senior Asset Manager in San Francisco to maintain high-quality affordable housing assets and implement mid-to-long term portfolio strategies. You will oversee third-party property management, supervise Asset Managers, and lead projects across acquisitions, rehab, and optimization of the portfolio.

The role requires strong financial, regulatory, and administrative expertise, with collaboration across development and finance teams, to meet goals

Qualifications

• Experience working in affordable housing with multiple funding layers.
• Experience obtaining funding from HCD, HUD, TCAC, CDLAC and other sources.
• 3–5 years of real estate finance or asset management experience, preferably in 100% affordable housing.
• Budgeting, forecasting, and financial analysis with regulatory compliance experience.
• Bachelor's degree in real estate, finance, or business preferred.
• CHAM designation preferred.
• Ability to negotiate independently on behalf of Mission Housing.
• Strong time management and organizational skills with attention to detail and project management.
• Advanced proficiency in MS Office and YARDI.
• Excellent written, verbal communication and relationship management skills.
• Extensive problem-solving and flexibility while remaining solution-focused.
• At least 5 years’ experience supervising other employees.

Responsibilities

• Independently monitor property management firms and report to the Director of Asset Management.
• Lead third-party property management in lease-ups for new construction and rehab projects.
• Identify and recommend capital improvements and energy retrofits.
• Manage LIHTC capital accounts and exit projections.
• Collaborate with development and finance to rehab and re-syndicate; coordinate with teams.
• Ensure lease-up, marketing and waiting lists align with the management plan and regulatory requirements.
• Create and refine reporting procedures, databases and informational systems.
• Directly supervise Asset Managers and oversee performance and development.
• Review monthly financial statements and annual operating budgets.
• Assist in audited financial statements and surplus distributions to investors.
• Represent Mission Housing to stakeholders and partners.
• Create asset management plans and perform site inspections; oversee insurance and risk management.
• Lead due diligence on acquisitions and negotiate with partners/lenders.
• Prepare reporting information for investors/lenders.
• Perform other duties aligned with Mission Housing mission.

Skills

Budgeting

Financial analysis

Negotiation

Team leadership

Time management

Communication

Problem solving

Education

Bachelor's degree

CHAM designation

Tools

MS Office

YARDI

Job description

Mission Housing Development Corporation is seeking a Senior Asset Manager in San Francisco to maintain high-quality affordable housing assets and implement mid-to-long term portfolio strategies. You will oversee third-party property management, supervise Asset Managers, and lead projects across acquisitions, rehab, and optimization of the portfolio.

The role requires strong financial, regulatory, and administrative expertise, with collaboration across development and finance teams, to meet goals