Associate Asset Manager

JOB DESCRIPTION

Atlantic Housing Foundation, Inc. (AHF) is seeking an Associate Asset Manager to join our expanding team. This position supports the ongoing financial, operational, compliance, and risk management oversight of AHF's multifamily real estate portfolio.

The Associate Asset Manager will work closely with senior leadership, Property Management, Accounting, Development, Construction, lenders, investors, insurance partners, and other internal and external stakeholders. The role will be responsible for monitoring assigned assets, analyzing property performance, coordinating required reporting, supporting risk management activities, and identifying opportunities to strengthen the long-term financial and operational performance of the portfolio.

This position is ideal for an analytical, highly organized real estate professional who is ready to expand their experience in affordable and multifamily housing asset management.

Atlantic Housing Foundation (AHF), Inc. is a 501(c)(3) not-for-profit affordable housing provider. Founded in 1999, AHF owns and operates more than 10,000 units of multifamily housing across multiple states and communities. In addition to HUD HAP and LIHTC properties, Atlantic Housing owns and operates affordable housing, mixed-income multifamily assets, student housing, and senior housing.

The mission of Atlantic Housing Foundation, Inc. is to promote and preserve quality affordable housing and related services for low- and moderate-income families, helping residents improve their lives. We accomplish this in a manner that fosters the continuous improvement of our people and our company.

We strive to be a top-performing, thoroughly professional, and genuinely caring organization in all that we do. As an organization, we aspire to and believe in Making a Difference
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• You believe in AHF's mission and core values.
• You are analytical, proactive, and committed to achieving results.
• You enjoy working collaboratively across multiple departments and disciplines.
• You have an interest in affordable housing, multifamily real estate, and asset performance.
• You are ready to grow your expertise and career within Asset Management.

• Paid every two weeks
• Educational reimbursement
• Opportunities for professional growth and upward mobility
• 12 paid company holidays
• 16 hours of Learning Time Off annually
• 32 hours of Volunteer Time Off annually
• Competitive Paid Time Off accrual
• Overtime eligibility, as applicable
• Multiple health insurance plan options, including medical, dental, prescription, and vision coverage
• Employer HSA contributions and supplemental health insurance options
• Competitive 401(k) program with employer matching contributions

• Support the ongoing asset management of assigned multifamily properties, with a focus on financial performance, operational effectiveness, compliance, risk mitigation, and long-term asset preservation.
• Review and analyze monthly and quarterly property financial statements, operating reports, budgets, forecasts, occupancy trends, rent collections, expenses, and other key performance indicators.
• Compare actual property performance against budgets, underwriting assumptions, forecasts, and historical performance.
• Identify financial and operational trends, variances, risks, and opportunities for improvement and communicate findings to Asset Management leadership.
• Partner with Property Management to understand performance variances and assist in developing appropriate corrective action plans.
• Monitor assigned properties to ensure progress toward established financial, operational, and strategic objectives.
• Assist with the preparation, review, and monitoring of annual property operating…