Job Description
ATARID Specialist Recruiters to the Property and Asset Management Industry are seeking experienced industry professionals on behalf of our client, a leading development and management firm specifically in affordable housing:
Title: Asset Manager - Affordable Housing
Summary: To assist in the asset refinancing or re-syndication. Working closely with Senior Asset Manager, you will be at the forefront of assisting with the development of policies, processes, procedures with the expansion of the team.
Responsibilities:
-Communicate business plan to property management to prepare asset for refinance, re-syndication, or sale.
-Visits assets periodically.
-Evaluate the physical needs of the community and make recommendations.
-Develop a comprehensive understanding of local rental markets.
-Determine market rents and market strengths etc. and make recommendations.
-Identify additional income generating opportunities.
-Participate in operations review for ownership, providing reports including summary of operations, cash flow etc.
-Assist property management low-performing properties until property stabilizes.
-Assist with due diligence for potential acquisitions.
-Work collaboratively to ensure compliance with federal, state, and regulatory requirements.
-Review all first-year budgets to Proforma, providing variance summary.
-Participate in annual budgeting process.
-Perform market analysis, quality assurance reviews, physical needs assessments, and financial statement reviews.
-Communicate with multiple vendors, departments, financial agencies, investors, and lenders.
-Maintain knowledge of trends, best practices, and new technologies in the industry.
-Participate in team meetings and work collaboratively with other team members to complete projects as assigned.
Qualifications:
-Bachelor's degree in in business, finance, or related field is required
-3+ years' experience in managing affordable housing assets including LIHTC is essential
-Experience working for a syndicator preferred
-Strong financial skills including budgets, financial modeling, reporting
-Travel required.
Location: Columbus, OH
Compensation: Negotiable, commensurate with experience, plus Benefits Package & Bonus.
Forward your resume together with dates//times that you are available for a confidential chat.
ATARID - Specialist Recruiters is the leading provider of Management, Senior and C-level opportunities to industry professionals.
With connections to the foremost Property and Asset Management Companies nationally, ATARID works with you to find the best fit.
Let's connect - we can keep you informed of additional opportunities in the future.
Employment Type: Full-Time
Salary: $ 90,000.00 110,000.00 Per Year
Job Tags
Full time, Local area,