Asset Manager - Southwest

Asset Manager - Southwest

Vecino Group is seeking an Asset Manager to oversee a portfolio of affordable multifamily properties located in the Southwest. The role focuses on driving operational success, ensuring compliance, and maximizing impact and profitability.

• Oversee full lifecycle management of the Southwest portfolio from pre‑lease through long‑term operations to ensure performance and profitability.
• Develop and implement strategic plans and objectives to enhance property value, mitigate risks, and meet financial targets.
• Supervise marketing and lease‑up efforts in collaboration with the Southwest property management teams to ensure effective tenant acquisition and retention.
• Develop and monitor property financial budgets, including operational expenses, capital expenditures, revenue targets, distributions, and debt service payments.
• Calculate, review, track, and forecast key financial and performance metrics such as debt service coverage ratio, occupancy, cash balances, and delinquencies.
• Ensure adherence with limited partner, regulatory, and loan agreements.
• Conduct periodic in‑person site visits to ensure safe, well‑maintained facilities.
• Act as an ambassador of Vecino Group’s mission, fostering a culture of exceptional service and resident‑centered outcomes.
• Collaborate closely with third‑party property management teams to align operational execution with asset goals and ensure compliance with local, state, and federal housing standards.
• Communicate regularly with investors, syndicators, and key partners on property performance, forecasting, and financial reporting.
• Oversee insurance needs for the Southwest portfolio, including general liability and property insurance, managing renewals and coverage.
• Prepare, review, and deliver regular reports to stakeholders, ensuring all properties meet LIHTC, HOME, and RAD compliance requirements.

• Bachelor’s degree in finance, real estate, business, or a related field.
• 5+ years of asset management experience with affordable housing, including LIHTC, HOME, and RAD programs.
• Exceptional analytical, organizational, and communication skills.
• Strong financial acumen, accounting, financial modeling, and forecasting skills.
• Strong knowledge of multifamily property operations, lease‑up strategies, and financial management.
• Proven experience working with third‑party property management partners.
• Expertise in managing insurance portfolios and negotiating favorable terms.
• Ability to travel as needed for onsite property oversight and collaboration with teams.

Vecino Group provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.