Senior Asset Manager - LIHTC/Multifamily

Housing Trust Group

Miami (FL)

On-site

USD 150,000 - 210,000

Full time

43 hours ago
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Job summary

Housing Trust Group in Miami, FL seeks an AVP of Asset Management to maximize the financial, operational, regulatory performance of an assigned portfolio including LIHTC, HUD/Section 8, and affordable/mixed-use properties.

You will serve as Owner's representative, review monthly financials, budgets, and rent rolls; coordinate lender inspections; drive revenue growth, expense optimization, and value creation; and act as primary contact to investors and partners.

Qualifications

  • 7-10 years of experience in multifamily acquisitions or asset/portfolio management with a strong focus on affordable housing/LIHTC.
  • Demonstrated ability to manage a multi-property portfolio (10-20+ properties or 1,000-2,500+ units).
  • Experience in LIHTC compliance, HUD/Section 8 programs, Year-15 strategies, and partnership structures preferred.

Responsibilities

  • Function as the Owner's representative overseeing financial and operational performance of properties.
  • Review monthly operating financials, variance analysis, rent rolls, occupancy and delinquency reports and develop corrective actions plans for underperforming properties.
  • Perform site visits and coordinate with property management to address operational, physical, and compliance issues.
  • Develop annual operating budgets and establish business plans for each property.
  • Drive portfolio level performance by identifying opportunities for revenue growth, expense optimization, and value creation.
  • Assist in the development of performance measurement, risk metrics, and analytical tools to be applied to systematically to the portfolio.
  • Coordinate lender inspections and facilitate lender required repairs through property management and construction management.
  • Prepare and submit property information for annual property tax exemptions and appeals and ensure annual property taxes are all paid timely.
  • Prepare monthly and quarterly reporting for Owners.
  • Support refinances, re-syndications, year-15 buyouts, and dispositions including due diligence and transaction execution.
  • Be the primary contact to all investors/lenders/syndicators/JV partners

Skills

Financial modeling
Leadership
Communication
Prioritization
Team collaboration

Tools

Yardi
Excel

Job description

Housing Trust Group in Miami, FL seeks an AVP of Asset Management to maximize the financial, operational, regulatory performance of an assigned portfolio including LIHTC, HUD/Section 8, and affordable/mixed-use properties.

You will serve as Owner's representative, review monthly financials, budgets, and rent rolls; coordinate lender inspections; drive revenue growth, expense optimization, and value creation; and act as primary contact to investors and partners.

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