Commercial Real Estate Asset Manager

About the role

Works in a team environment collaborating closely with the deal team members during the closing of equity Investment opportunities. Maintains a continuing role in the Asset Management and performance monitoring of all active Investments.

Responsibilities

• Proactively identify, assess, classify, and mitigate asset-level risks across the portfolio
• Maintain appropriate risk ratings and ensure timely escalation of issues
• Oversee assets through the full lifecycle, with a focus on development, conversion, and stabilization phase
• Monitor construction progress, lease-up performance, and achievement of underwriting targets
• Collaborate with General Partners/Consultants on Compliance issues
• Analyze, structure, and negotiate capital transactions, including, refinancings, Year 15 dispositions and early exits and recapitalizations
• Prepare stay/leave analyses to inform investor decision-making
• Analyze and negotiate partnership amendments in coordination with legal counsel
• Evaluate and process waiver requests, ensuring alignment with risk and policy considerations
• Partner with General Partners (GPs) and consultants to resolve compliance issues
• Review and analyze K-1s, partnership tax returns, and audited financial statements in accordance with internal policies
• Prepare tax return and audit review checklists for each investment
• Ensure adherence to LIHTC regulatory requirements and benefit schedules

Requirements

• 3+ years of experience in real estate asset management, preferably within LIHTC or affordable housing
• Strong financial analysis skills, including proficiency in real estate modeling and pro forma development
• Solid understanding of Real estate financial statement, Partnership capital accounts, Tax returns, K-1s and audits
• Knowledge of LIHTC program structures and benefit schedules
• Demonstrated ability to identify and resolve compliance issues
• Completion of at least one LIHTC compliance training/course

Qualifications

• Bachelor’s degree (BA/BS) in Finance, Real Estate, Accounting, or a related field

Skills

• Business Acumen
• Loan Structuring
• Product Management
• Risk Management
• Coaching
• Consulting
• Decision Making
• Influence
• Result Orientation
• Credit Documentation Requirements
• Portfolio Analysis
• Regulatory Compliance
• Stakeholder Management
• Underwriting

Pay

Commensurate with experience

Schedule

1st shift (United States of America)

Benefits

N/A