VP, Asset Management - East

At April Housing, we're building a team of bold, mission-driven professionals who are motivated by meaningful work and energized by collaboration. Our work supports a clear purpose of expanding access to high-quality housing, and each role plays an important part in advancing that mission.

You'll collaborate shoulder-to-shoulder with some of the most talented experts in the industry, gaining hands-on exposure that helps you grow your skills and broaden your perspective from the day one. Our environment is dynamic, fast paced and evolving, designed to support curious, ambitious people as they take on new challenges and develop capabilities that translate throughout their careers.

April Housing is a leading owner and operator of high-quality affordable housing across the United States. Founded in 2022 and headquartered in Los Angeles, we are a portfolio company of Blackstone Real Estate, supporting the affordable housing and LIHTC (Low-Income Housing Tax Credit) portfolio. Our mission is clear: preserve critical affordable housing stock while delivering exceptional management and high-quality homes to the communities we serve.

We are committed to being a fair, transparent, and responsible owner.

Backed by Blackstone Real Estate enabling us to invest in the creation and preservation of affordable housing for the long run. We are making a bold commitment to preserving affordable housing across the country. April Housing is dedicated to ensuring our assets aligned with high standards of excellence, including ongoing property improvements and elevated resident services.

We're looking for individuals who share our commitment to excellence and believe in the impact that thoughtful, well-executed work can have on communities.
If you're driven by purpose, value collaboration, and are excited to grow while contributing to something meaningful, April Housing offers a place to build experience, expand your impact, and do work that matters.

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.
  • Coach, mentor, train and manage a team of AVPs, AMs and analysts

• Reporting and Analysis:
  • Prepare and present regular reports on portfolio performance to senior management and the board of directors.
  • Utilize data analytics to drive decision-making and improve operational performance.

What you should have:

• Bachelor's Degree - preferably in Real Estate or Finance
• 9+…