Multiple Asset Management Positions – Raleigh NC

November 22, 2017 by  
Filed under Uncategorized

Company Info:  Company is nonprofit tax credit syndicator that raises capital and invests in affordable housing and community revitalization.  To date, their equity funds have raised and committed more than $2 billion towards the development of 600+ properties totaling over 25,000 units of affordable housing for seniors, families, and special needs individuals.

Position Available:   VP, Asset Management, Raleigh NC (#6112)

The Vice President, Asset Management is a member of the senior management team and participates in companywide strategic planning, business development, policy formulation, budgeting and corporate administrative functions. The position leads Asset Management and is accountable for the financial performance of Company’s investment portfolio and the department. The Vice President, Asset Management is responsible for the (i) leadership, coaching, and development of Asset Management department staff, (ii) partnership administration, operational performance, and compliance of Company’s investment portfolio, and (iii) provision of industry leadership, vision, and resources necessary to maintain the department’s strategic competitive advantage.

Key Requirement:

  • Minimum ten (10) years of progressively responsible experience relevant to multifamily real estate (affordable housing industry – LIHTC/Section 42) investment performance, portfolio management, and problem resolution – ASSET MANAGEMENT
  • Minimum six (6) years of progressively responsible leadership experience within a senior level management team which includes the management functions of supervising and coaching multiple direct reports, performance management, strategic planning, and budgeting.

Position Available:   Asset Manager, Raleigh, NC (#6093)

Asset Manager is responsible for ensuring investors receive anticipated benefits associated with an assigned portfolio of multifamily real estate partnerships by proactively monitoring the investments’ operational performance, compliance with Section 42 of the IRC, and regulations of other applicable housing programs, funding sources, and laws.  Asset Manager identifies performance concerns and works to resolve them, to maximize return on investments, prevent losses, and promote positive relations with investors and owner/managing partners.  Timely communication of concerns and potential solutions to all stakeholders is essential in order to address portfolio matters as soon as possible.  Successful portfolio management is accomplished by evaluating reports, inputting accurate and timely data, preparing and interpreting historical and trend analyses, and performing regulatory and physical site assessments.

Key Requirement:

  • 3 years of Asset Management experience working within the affordable housing industry (LIHTC/Section 42) with a focus on the review and interpretation of property financial statements.

Interested candidates should send an updated resume to kturley@huntingtonpartners.com.

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