Asset Manager

Asset Manager

Requirements

• Bachelor’s Degree
• 3+ years of real estate experience in multifamily asset including 1+ years with LIHTC focus
• Strong analytical skills
• Proficiency in financial analysis and spreadsheet modeling
• MS Excel and Word proficient
• Excellent organizational, communication, and analytical skills
• Ability to work well with others and thrive in a collaborative, team-based, dynamic environment – pitching in wherever needed to achieve team goals
• Flexibility and ability to manage conflicting priorities.

Responsibilities

• Review and monitor monthly or quarterly operating reports and evaluate performance.
• Establish relationships and communicate regularly with the client and others involved in the specific assets, including syndicators, lenders, management agents and government officials.
• Ensure the timely receipt and integrity of asset information collected and stored in Asset Management database.
• Assist with the creation of reports from Asset Management database including written specifications and pre-production testing.
• Analyze annual audited financial statements and follow-up with the general partner/borrower on any issues identified.
• Analyze operating partnership tax returns and work with the general partner and accountants to resolve problems.
• Inspect construction sites and evaluate construction draw requests for payment release.
• Monitor construction and lease-up progress, including management’s marketing efforts.
• Conduct site visits to evaluate property management, property marketability and market positioning, management plan, and physical condition of properties. Review tenant files and evaluate compliance with Section 42 requirements.
• Analyze local market conditions and competition.
• Respond to client requests for information through informal interactions and formal presentations.

Preferred Qualifications

No preferred qualifications provided.