SENIOR DIRECTOR, REAL ESTATE ASSET MANAGEMENT, IMPACT INVESTING

TIAA; New York (NY); On-site; USD 140,000 - 205,000; Full time

Job summary

A leading financial services organization is seeking a Senior Director of Real Estate Asset Management to maximize the value of their real estate portfolio. This role involves managing multifamily affordable housing investments, ensuring operational excellence, and leading strategic initiatives with minimal oversight. The ideal candidate should have extensive experience in the industry along with strong negotiation and analytical skills.

Benefits

Comprehensive Total Rewards package

Competitive health and wellness offerings

Superior retirement program

Qualifications

• 5+ years of affordable housing experience required.
• HUD and LIHTC experience preferred.
• 7+ years of affordable housing experience preferred.

Responsibilities

• Manage a portfolio of real estate assets with a focus on multifamily affordable housing.
• Participate in investment activities including acquisitions and business plan implementations.
• Oversee property management negotiations and strategies.

Skills

Construction Management

Financial Acumen

Real Estate Investments

Education

Bachelor's Degree

Job description

Real Estate Asset Management
The Senior Director, Real Estate Asset Management job is responsible for maximizing the value of the organization's real estate portfolio through the execution of managing, development, and dispositions of diversified, domestic real estate investments. With limited oversight from senior management, this job manages large projects and/or teams that achieve superior returns on real estate assets through active management and leasing while operating in a highly collaborative environment.

Key Responsibilities and Duties

• Manages a portfolio of real estate assets within a specific sector focus, such as multifamily affordable housing.
• Participate in investment activities during the asset life cycle including acquisitions, stabilization, recapitalizations and conversions.
• Participates in negotiations for property management, including property service contracts and construction contracts.
• Provides input into the investment strategies and implement business plans for a significant portfolio of real estate investments, usually covering more than one region or geographical market.
• Implements organization initiatives, including environmental, social and governance (ESG) at the asset level.
• Manages risk through close interaction and management of property, construction managers, resident relationships and other third party consulting relationships.
• Possesses advanced knowledge of current real estate market conditions for the assigned submarkets / regions.
• Ensures property performance contributes to portfolio performance that beats the applicable KPI benchmark and investment objectives.
• Communicates to portfolio management and business partners timely and accurate reports on the company's real estate management strategy and performance.
• Conduct site evaluations as needed.

Educational Requirements

• Bachelor's Degree Required

Work Experience

• 5+ Years Required; 7+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
8PL

Required

• 5+ years of affordable housing experience
• HUD and LIHTC experience

Preferred

• 7+ years of affordable housing experience
• Post Graduate Degree

Related SkillsConstruction Management, Due Diligence, Financial Acumen, Financial Analysis, Financial Risk Management, Financial Statements, Market/Industry Dynamics, Organizational Savviness, Real Estate Investments, Real Estate Property Management

Anticipated Posting End Date:

2025-06-14Base Pay Range: $140,000/yr - $205,000/yr

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).

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Company Overview

Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Its affiliates offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information about the firm please visit our website at www.Nuveen.com

Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary .

Equal Opportunity

We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status .

Read more about your rights and view government notices here .

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:

Phone: [phone]

Email: [e-mail]

Privacy Notices

For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here .

For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here .

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For Applicants of Nuveen residing in Europe and APAC, please click here .

About the company

The Teachers Insurance and Annuity Association of America-College Retirement Equities Fund, is a Fortune 100 financial services organization that is the leading provider of financial services in the academic, research, medical, cultural and governmenta...

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