VP Asset Management

Endeavor Agency; Irvine (CA); Presencial; USD 180.000 - 280.000; Jornada completa

Descripción de la vacante

Endeavor Agency seeks a Vice President of Asset Management to lead strategic and financial performance for a portfolio of affordable and market-rate multifamily investments across the United States, focusing on LIHTC compliance and value creation through operations, capital improvements, and market positioning.

The role requires strong financial modeling, extensive asset-management experience, and excellent communication with property managers, partners, and stakeholders.

Formación

• Bachelor's degree in Real Estate, Finance, Business, or related field. MBA or advanced real estate certification (CCIM, CPM) a plus.
• 8-12 years of experience in real estate asset management, with at least 5 years in multifamily.
• Preferred direct experience with affordable housing and LIHTC oversight, managing assets in secondary and tertiary markets, and familiarity with HUD, Section 8, and other housing programs.
• Strong financial modeling skills with the ability to interpret complex financial and operational data.
• Strong financial acumen across property-level financial statements, NOI, cap rates and debt structures.
• Excellent communication and negotiation skills, complemented by strong interpersonal skills with property managers, partners, and stakeholders.

Responsabilidades

• Develop and execute business plans for each asset, ensuring alignment with investment objectives.
• Review and approve annual operating budgets prepared by third-party property management.
• Ensure LIHTC and other affordable housing compliance, including tenant income certifications and regulatory reporting.
• Monitor compliance performance through reviews, dashboards, and audits.
• Participate in transaction-related activities, including asset dispositions and refinancing, coordinating due diligence and collaboration with stakeholders.

Conocimientos

Financial modeling

Financial analysis

Communication skills

Negotiation

Interpersonal skills

Real estate asset management

Educación

Bachelor's degree in Real Estate/Finance/Business

MBA or advanced real estate certification (CCIM/CPM)

Descripción del empleo

Endeavor Agency (www.endeavorCRE.com) is a commercial real estate talent agency providing high-touch recruitment services in California and major US cities. Endeavor has engaged with a dynamic, commercial real estate private equity firm seeking a VP of Asset Management to join their team in Orange County, CA

The Role

The Vice President - Asset Management is responsible for the strategic and financial performance of a portfolio of both affordable and market-rate multifamily investments across the United States. The role will focus on maximizing value through proactive oversight of property operations, capital improvements, and market positioning, with special attention to the complexities of affordable housing and LIHTC compliance.

• Develop and execute business plans for each asset, ensuring alignment with investment objectives.
• Review and approve annual operating budgets prepared by third-party property management.

Affordable Housing & Compliance

• Ensure property management teams are maintaining LIHTC and other affordable housing compliance, including tenant income certifications, rent restrictions, and regulatory reporting.
• Monitor compliance performance through periodic reviews, reporting dashboards, and audits.

Financing, Lender Reporting & Capital Activity

• Participate in transaction-related activities, including asset dispositions and refinancing, by reviewing underwriting, coordinating due diligence, and collaborating with internal and external stakeholders throughout the process.

Qualifications

• Bachelor’s degree in Real Estate, Finance, Business, or related field. MBA or advanced real estate certification (CCIM, CPM, etc.) a plus.
• 8-12 years of experience in real estate asset management, with at least 5 years in multifamily.
• Preferred direct experience with affordable housing and LIHTC oversight, managing assets in secondary and tertiary markets, and familiarity with HUD, Section 8, and other housing programs.
• Strong financial modeling skills with the ability to interpret complex financial and operational data.
• Strong financial acumen across property-level financial statements, NOI, cap rates and debt structures.
• Excellent communication and negotiation skills, complemented by strong interpersonal skills with property managers, partners, and stakeholders.