VP of Asset Management
About the role
The Vice President of Asset Management at Evergreen Real Estate Services is responsible for leading and building a best-in-class asset management function for a growing national affordable housing portfolio, including assisted living communities.
Responsibilities
Develop, maintain, and communicate asset-level business plans aligned with financial and operational goals.
Maintain and provide oversight for third party property managers.
Lead portfolio reporting and present risks, opportunities, and action plans to senior leadership.
Set and track 90 day “rocks” that support completion of longer-term company goals.
Collaborate with rest of senior leadership to identify and solve problems.
Communicate and execute goals throughout the Asset Management functions.
Review and analyze property operating budgets, reserve levels, and capital needs to evaluate financial performance and support ownership-level asset strategy.
Evaluate and recommend AI options to improve information assessment and reduce time requirements for asset management tasks.
Support due diligence activities for acquisitions, transitions, and integrations by reviewing operational, financial, compliance, and physical asset information and identifying potential risks or performance concerns.
Partner with property management, accounting, compliance, and operations teams to support implementation of operating plans, financial goals, and performance expectations for newly onboarded assets.
Establish and manage a watchlist for underperforming or high-risk assets.
Evaluate effectiveness of property management (including third-party managers) and recommend management changes when necessary.
Communicate and present recommendations to internal and external stakeholders.
Build scalable systems, reporting tools, and processes for asset management.
Support organizational alignment by reinforcing structured goal-setting, accountability, and performance tracking frameworks (e.g., EOS or similar systems).
Requirements
Bachelor’s or Master’s degree in Finance, Real Estate, Business Administration, or related field preferred.
7+ years of progressive experience in affordable housing asset management or related ownership-side roles.
Strong experience with LIHTC, HUD, and affordable housing operations.
Experience with financial analysis, portfolio oversight, and capital strategy.
Prior leadership or department-building experience preferred.
Relevant professional certifications or designations in real estate, finance, or asset management are a plus (e.g., CFA, CPA, CCIM, or similar).
Qualifications
Strategic Asset Thinking: Ability to evaluate property performance from an ownership perspective, connect financial, operational, and physical indicators, and translate insights into clear, actionable strategies that drive long-term asset value.
Financial & Analytical Acumen: Strong ability to interpret complex financials, identify trends and risks quickly, and move from analysis to execution. Demonstrates sound judgment in budgeting, forecasting, capital planning, and investment decisions.
Ownership Mindset & Accountability: Approaches decisions with an investor mindset, taking full ownership of outcomes. Holds self and others accountable for performance, follow-through, and results across the portfolio.
Execution & Problem-Solving: Proactively identifies issues and drives solutions, particularly in underperforming or complex assets. Balances urgency with thoughtful decision-making and follows through to resolution.
Cross-Functional Leadership: Effectively partners across property management, development, accounting, compliance, and facilities to align priorities, resolve challenges, and drive performance. Leads through influence, not just authority.
Systems Thinking & Process Development: Ability to build structure in a growing organization by developing scalable systems, processes, and reporting frameworks that improve consistency, visibility, and decision-making.
Stakeholder Communication & Influence: Communicates clearly and confidently with internal leadership, investors, and external partners. Able to present complex information in a concise, actionable way and influence key decisions.
Regulatory & Industry Expertise: Demonstrates strong working knowledge of affordable housing programs (LIHTC, HUD, etc.) and integrates compliance considerations into asset strategy and risk management.
Adaptability & Growth Orientation: Thrives in a fast-paced, evolving environment. Comfortable navigating ambiguity and helping scale processes, teams, and infrastructure as the organization grows.