SUMMARY

The AVP of Asset Management position is responsible for maximizing the financial, operational, physical, and regulatory performance of an assigned portfolio including affordable, market rate, and mixed-use properties. This role requires close collaboration with property management, construction, development, accounting, and external stakeholders (lenders, investors, syndicators, and agencies). The asset management position blends hands-on asset oversight with strategic portfolio planning, with a particular emphasis on LIHTC, HUD/Section 8, and other affordable housing programs.

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

REQUIRED 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
• Strong financial modeling and valuation skills, including budgeting, forecasting, and investment analysis
• Proficiency with Yardi and advanced Microsoft Office Suite skills required, particularly Excel and AI
• Excellent leadership, communication, and relationship management skills
• Proactive, energetic, and results-driven attitude
• Ability to adapt to and manage frequently changing priorities and work cooperatively as a key member of a small team.
• Ability to handle multiple projects and deadlines simultaneously and deliver detail-oriented work product

PHYSICAL REQUIREMENTS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.