Sr. Asset Manager

Impact Housing; Los Angeles (CA); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Health Benefits

Holiday pay

Ownership of company equity

401K Retirement Plan

Job summary

Impact Housing in Los Angeles seeks a Senior Asset Manager to own portfolio performance—budgets, variance analysis, rent roll, occupancy and NOI protection—while coordinating third‑party property management.

You will build and lead a growing asset management function, supervise staff, review weekly reporting, drive lease‑ups, delinquency resolution, and collaborate with on‑site and construction teams across California.

Qualifications

• Bachelor’s degree required; real estate, finance, business, accounting or economics preferred.
• LIHTC, Section 8 or HAP contract experience strongly preferred.
• Advanced Excel with budget modeling, variance analysis and portfolio-level reporting essential.
• Ability to manage external PM firms and maintain professional relationships.
• Experience leading an asset management function or small team.

Responsibilities

• Own portfolio performance — annual budgets, monthly variance analysis, rent roll and box score review, occupancy and lease-up strategy, and protection of net operating income.
• Direct and hold accountable the third-party property management firms across the portfolio, including scope definition, KPI setting, performance review, and leading RFP, onboarding and transition processes.
• Partner with the On-Site Coordinator on warranty, defect and deficiency items that affect operations, occupancy or resident experience.
• Build and lead the asset management function as the portfolio grows, including hiring and supervising additional staff.
• Review daily and weekly property management reporting — delinquency, traffic, leasing, renewals, work orders — and flag exceptions for action.
• Hold weekly calls with each property manager and drive open items to closure.
• Maintain the multi-property reporting workbook that merges rent roll, box score and property management tracking data.
• Track resident and commercial delinquency and pursue resolution with the property management teams.
• Coordinate with the On-Site Coordinator and construction teams on open deficiency items affecting units or common areas.
• Walk properties on a monthly cadence and after any material incident.

Skills

Advanced Excel

Yardi

RealPage

Portfolio financial accountability

LIHTC experience

Education

Bachelor’s degree required

CPM, CCIM, or COS preferred

Tools

RealPage

Yardi

Job description

About Impact Housing

Impact Housing (IH) is a vertically integrated modular design-builder and developer headquartered in Southern California.

Our mission is to continuously evolve the world’s most sophisticated and efficient housing delivery system. We pursue this mission by reimagining every element of how multifamily projects are designed, manufactured, and built—driving down costs, shortening schedules, and expanding access to high-quality housing for the people who need it most, whether through LIHTC or unsubsidized projects.

To date this decade, the IH team has built or is actively developing close to 1,500 modular units demonstrating a scalable, repeatable path to affordability. With the capability to produce approximately 1,000 units per year today, IH is expanding to meet growing demand in San Diego, Los Angeles, and beyond.

We plan to manufacture and build more than 10,000 units through 2030. and positioning IH as a national thought leader in modular development.

The foundation for our success is firmly in place. Join us as we scale our operations, transition into a higher-capacity manufacturing facility powered by smart automation and robotics, expand our production capacity by more than 3x in the Western U. The Senior Asset Manager owns the financial and operational performance of Impact Housing’s operating multifamily portfolio. That portfolio today comprises three San Diego assets and grows with the development pipeline.

It directs the third-party property management firms, holds them accountable to scope and reporting standards, prepares the reporting that reaches the CEO and ownership, and protects net operating income across the portfolio. It is built to scale: as assets are delivered, the role is expected to grow into leading an asset management team rather than remaining a single contributor.

Senior Asset Manager – Responsibilities

Own portfolio performance — annual budgets, monthly variance analysis, rent roll and box score review, occupancy and lease‑up strategy, and protection of net operating income.

Direct and hold accountable the third-party property management firms across the portfolio, including scope definition, KPI setting, performance review, and leading RFP, onboarding and transition processes.

Partner with the On‑Site Coordinator on warranty, defect and deficiency items that affect operations, occupancy or resident experience.

Build and lead the asset management function as the portfolio grows, including hiring and supervising additional staff.

Review daily and weekly property management reporting — delinquency, traffic, leasing, renewals, work orders — and flag exceptions for action.

Hold weekly calls with each property manager and drive open items to closure.

Maintain the multi‑property reporting workbook that merges rent roll, box score and property management tracking data.

Track resident and commercial delinquency and pursue resolution with the property management teams.

Coordinate with the On‑Site Coordinator and construction teams on open deficiency items affecting units or common areas.

Walk properties on a monthly cadence and after any material incident.

Experience and Qualifications

Years of Experience: Four to seven years in multifamily asset management or real estate operations, including direct accountability for the financial performance of a portfolio and direct oversight of third‑party property management firms.

Prior Experience: Real estate. Affordable housing experience — LIHTC, Section 8 or HAP contracts, and regulatory agreement compliance — is required or very strongly preferred. General property management experience without portfolio‑level financial accountability is not a substitute.

Advanced Excel, including budget modeling, variance analysis and portfolio‑level reporting.

Fluency reading and interrogating rent rolls, box scores, operating statements and general ledgers.

Ability to hold an external property management firm accountable in writing and in person without damaging the relationship.

Lease‑up experience on newly delivered multifamily assets.

Yardi, RealPage or comparable property management software.

Experience standing up an asset management function or building a small team.

Bachelor’s degree required. Preferred disciplines: real estate, finance, business administration, accounting or economics. CPM, CCIM, or an affordable housing compliance credential such as HCCP or COS is preferred.

Compensation & Benefits

Competitive Salary + Potential Bonus

• Health Benefits - Medical, Dental, Visions, FSA
• Holiday pay
• Ownership of company equity
• 401K Retirement Plan

Work Location & Travel

This position is based in Los Angeles with regular travel to the San Diego portfolio — expect two to four days per month, and more during lease‑up or an active deficiency program. The Senior Asset Manager must be able to walk properties in full, including stairs, roofs, garages and mechanical areas, and to access occupied and vacant residential units. Occasional travel to the Yorba Linda manufacturing facility and to third‑party project sites across California.

Equal Opportunity Employer

All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities.

Impact Housing is an equal opportunity employer, drug‑free workplace, complies with ADA regulations and does not discriminate against any employee or job applicant because of race, color, religion, national origin, medical condition, pregnancy, sex, gender identity, gender expression, age, veteran status, physical or mental disability, or other applicable legally protected characteristics.

For more information about Impact Housing, visit ihousing.