Director of Asset Management

The Director of Asset Management will oversee the strategic and operational performance of a diverse property portfolio, ensuring optimal financial returns and long-term value. This role involves collaborating with internal teams and stakeholders to drive property performance and meet investment objectives.Client DetailsAn established real estate investment and development organization is seeking a strategic and experienced Director of Asset Management to lead oversight of a diversified portfolio of multifamily, supportive housing, and affordable housing assets.DescriptionThe Director of Asset Management will work closely with executive leadership, investment teams, property management partners, lenders and ownership groups to ensure assets are performing in line with business plans and investment strategies. This is an exceptional opportunity for a seasoned real estate professional who enjoys balancing asset performance, financial analysis, portfolio strategy, operational oversight and team leadership. Reporting to senior leadership, you will play a key role in shaping portfolio strategy, driving value creation initiatives, and managing relationships with key stakeholders while overseeing a significant real estate portfolio. Lead the strategic oversight and performance of a diversified portfolio of multifamily, supportive housing, and affordable housing assetsMonitor financial, operational, leasing, capital expenditure, and market performance across the portfolioIdentify and execute value creation initiatives that drive revenue growth, operational efficiencies, and asset appreciationDevelop and implement portfolio risk management strategiesOversee portfolio reporting, performance analytics, and presentations for executive leadership and investment partnersCollaborate with acquisitions, development, finance, and property management teams to support investment objectivesLead asset-level business planning, budgeting, forecasting, and hold/sell analysesManage refinancing, dispositions, restructurings, recapitalizations, and other strategic transactionsBuild and maintain relationships with ownership groups, lenders, joint venture partners, brokers, and third-party operatorsProfile Required Bachelor's degree in Business, Finance, Real Estate, Economics, Accounting, or a related field10+ years of asset management, affordable housing, multifamily, supportive housing, real estate investment, portfolio management, or real estate finance experienceExperience managing multifamily, supportive housing, affordable housing, or other residential real estate assetsProven leadership and team management experienceStrong financial modeling, valuation, budgeting, and portfolio analysis capabilitiesDemonstrated ability to manage complex stakeholder relationshipsExceptional communication, presentation, and analytical skills Preferred MBA, Master's degree, or equivalent advanced professional experienceExperience working with institutional owners, private equity firms, REITs, developers, nonprofit sponsors, or investment managersStrong knowledge of affordable housing finance, debt structures, joint ventures, capital markets, and real estate transactionsExperience with LIHTC, HUD, Section 8, supportive housing programs, regulatory compliance, and public-private partnershipsExperience overseeing development projects, preservation initiatives, major capital programs, or asset repositioning strategiesProficiency with ARGUS, Yardi, MRI, Power BI, Excel, and other portfolio management/reporting tools Job OfferCompetitive salary ranging from $175,000 to $200,0000, flexibleComprehensive benefits packageOpportunity to lead and grow MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.