Associate Vice President Asset Management - Special Assets (LIHTC)
About the role
The Assistant Vice President (AVP), Asset Management – Special Assets will report directly to our Senior Vice President of Asset Management. This role will be responsible for overseeing complex, underperforming, and high-risk assets across a portfolio of LIHTC and market-rate multifamily investments leading strategy and execution for distressed properties, capital restructuring, regulatory challenges, and partnership workouts.
Requirements
Bachelor’s degree or equivalent work experience, ideally in Finance, Real Estate, Accounting, Business, or related field.
Minimum 6 years’ experience of LIHTC multifamily asset management.
Experience leading workouts, restructurings, or distressed asset resolutions.
Deep understanding of affordable housing capital stacks (tax credits, bonds, soft financing).
Advanced financial modeling skills.
Strong negotiation and restructuring experience with lenders and investors.
Qualifications
Strategic and decisive leader.
Expert-level financial acumen.
Advanced negotiation capability.
Risk identification and mitigation.
Executive presence and communication skills.
Ability to operate effectively in high-pressure environments.
Strong understanding of partnership structures and investor dynamics.
Skills
Strategic Portfolio Leadership
LIHTC & Regulatory Oversight
Operational & Financial Oversight
Capital Planning & Repositioning
Leadership & Cross-Functional Coordination
Workouts & Capital Restructuring
Benefits
Health Care Plan (Medical, Dental & Vision)
Retirement Plan (401k, IRA)
Life Insurance (Basic, Voluntary & AD&D)
Paid Time Off (Vacation, Sick & Public Holidays)
Short Term & Long Term Disability
Pay
TBD
Schedule
TBD