Senior Asset Manager - Affordable Housing

Senior Asset Manager - Affordable Housing

Date Posted: 09-21-2026

Experience: Manager

Salary: $130,000 - $145,000 per year

• Review monthly property financials, budgets, and variance reports to evaluate portfolio performance.
• Monitor property and partnership compliance with LIHTC/Section 42 requirements, partnership agreements, loan documents, and other regulatory requirements.
• Analyze property performance, valuations, market trends, and operational results to identify opportunities and risks.
• Partner with Development, Construction, and Property Management teams on asset strategy, leasing, financing, and project execution.
• Support due diligence for acquisitions, financing, and dispositions.
• Lead asset management calls and property visits, identifying issues and developing corrective action plans.
• Review and monitor property management, vendor, lease, and other operational contracts.
• Assist with insurance claims, tenant-related legal matters, and other property-level issues.

• Bachelor’s degree in Real Estate, Finance, Business, or a related field preferred.
• 3–5 years of multifamily asset management experience, preferably on the General Partner side.
• Working knowledge of LIHTC/Section 42 requirements.
• Strong financial analysis and quantitative skills.
• Understanding of real estate accounting and financial reporting.
• Advanced Excel skills and proficiency with Microsoft Office.
• Ability to analyze financial statements, leases, contracts, loan documents, and regulatory agreements.
• Strong communication, presentation, organization, and problem‑solving skills.
• Ability to work independently while partnering effectively across teams.
• Experience with Yardi, Real Page, or MRI is a plus.
• Approximately 5% travel for property inspections.

We are a well-established real estate development and investment company with a diverse portfolio of residential communities across multiple markets. Our work spans market-rate, affordable, and specialized residential housing, with expertise throughout the full development lifecycle—from acquisition and financing through construction, operations, and asset management.

• Performance Incentive:
  Annual bonus opportunity tied to individual and company performance.
• Paid Time Off:
  Three weeks of PTO per year, available after the first 30 days.
• Flexible Work Options:
  Hybrid work arrangements available (upon completing training, etc.)
• Monthly
  
  Allowances:
  
  Stipend provided for vehicle and mOur Clientle phone expenses.
• Comprehensive Benefits:
  Medical and additional employee benefits
• Retirement Savings: 401(k) plan with an employer match