VP, Asset Management – East

Location: Town of Florida
** April Housing
** is a leading owner and operator of high-quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles, April Housing is the asset management business that oversees Blackstone's affordable housing and LIHTC portfolio. April oversees a portfolio of over 85,000 affordable housing units in approximately 650 communities. April Housing seeks to preserve critical affordable housing stock while providing best in class management and high-quality housing.

April is committed to being a fair, transparent, and responsible owner.

April Housing’s long-term commitment to owning affordable housing is supported by Blackstone Funds, predominantly BREIT, a non-listed REIT. This perpetual capital vehicle provides April with a patient and flexible source of capital and plays a critical role in enabling the creation and preservation of more affordable housing. In addition to managing a growing portfolio, April Housing will ensure assets in the existing portfolio remain affordable and in compliance with all rent regulations while making significant improvements and aligning the operations with April Housing's Standards of Excellence in Residential  its pursuit of excellence, April Housing is looking for individuals who share in its mission to provide high-quality housing to affordable residents.

We are seeking a Vice President – Regional Asset Management to join the company.  While April Housing is Los Angeles-based, our Regional Asset Management offices are geographically diverse, aligning with our national portfolio. Working in partnership with Blackstone and April Housing leadership, the VP - Regional Asset Manager will assist in implementing the strategic direction for their region and will be responsible for maximizing the operating performance and value of their assigned portfolio.

What you will do:

* ** Strategic Leadership:**  + Develop and implement asset management strategies aligned with the company’s mission and goals.  + Provide leadership and direction to property management teams, ensuring alignment with organizational objectives.
* ** Financial Oversight:**  + Monitor and analyze financial performance of properties, including budgets, forecasts, and financial reports.  + Identify opportunities for revenue enhancement and cost reduction to maximize asset value.  + Reviewing monthly and year to date property and portfolio operating performance  + Recommending methods to strategically improve portfolio performance to improve cash flow and increase value  + Prepare investment recommendation reports for new construction and rehabilitation including a market assessment, proposed construction scope, and accompanying operating performance
* ** Portfolio Management**:  + Oversee a diverse portfolio of affordable housing properties, ensuring optimal occupancy levels and tenant satisfaction.  + Conduct regular property inspections and performance evaluations to assess operational efficiency.  + Schedule and evaluate periodic compliance reviews  + Physically inspect each property within their portfolio with regular cadence  + Prepare periodic property management company reviews based on asset performance and in-person talent evaluations
* ** Compliance and

Risk Management:

**  + Ensure compliance with federal, state, and local regulations, as well as company policies and procedures.  + Implement risk management strategies to mitigate potential liabilities.  + Analyze neighborhood or market conditions and trends, identifying the potential impact on the existing portfolio
* ** Stakeholder Engagement:**  + Build and maintain strong relationships with key stakeholders, including, Blackstone, investors, government agencies, and community organizations.  + Represent the company at industry events and forums to promote its mission and objectives.  + Maintain effective lines of communication with all partners, management companies, and internal departments
* ** Team Development:**  + Mentor and develop property management teams, fostering a culture of excellence and accountability.  + Conduct performance evaluations and provide ongoing training and support.  +…