Senior Asset Manager (Affordable Housing) - Bethesda

Affordable Housing, LIHTC, Tax Credits, Section 8, Asset Manager,Asset Management, Special Assets, Workouts, Dispositions, Multifamily Responsibilities Lead the identification, triage, and resolution of assets experiencing chronic cash flow deficits or operational distress.Develop, implement, and oversee property-specific action plans that result in property stabilization. Prepare and present recommendations to Senior Management.Find, investigate, and apply for project level grant or soft debt funding to help properties stabilize.Assist Transactions Team with dispositions and/or refinancings.Identify additional sources of ancillary income that can help a community stabilize.Manage, coach, and develop a team of workout-focused asset management professionals.Review and approve operating budgets, reforecasts, capital expenditure plans, and non-routine expenditures.Analyze financial statements, debt structures, reserve usage, and partnership arrangements.Partner with property management, development, compliance, and resident services teams to resolve complex asset challenges.Oversee site visits, physical needs assessments, inspection responses, and action plans.Oversee monthly, quarterly, and annual reporting for the workout portfolio. REQUIREMENTS: 8+ years of affordable housing, LIHTC/multifamily experience.3+ years of workout experience.5+ years of direct people management experience.Bachelor’s degree required; Finance, Accounting, Business, or Real Estate preferred.