Asset Manager, Development
We are seeking an Asset Manager, Development to oversee a portfolio of LIHTC properties during the development phase. This role manages projects from construction through stabilization, ensuring compliance, financial performance, and timely achievement of key milestones.
Responsibilities:
- Manage development-phase LIHTC assets, including construction completion, lease-up, stabilization, and delivery
- Monitor compliance with partnership agreements and LIHTC requirements
- Review financial reporting, benchmarks, construction draws, and equity installments
- Analyze risk, review GP requests, and support deal modifications
- Coordinate with internal teams, developers, investors, and third-party consultants
Qualifications:
- Bachelor’s degree in finance, accounting, real estate, or related field
- 2+ years of experience in asset management, affordable housing, accounting, or development
- Strong Excel and financial analysis skills
- Familiarity with LIHTC/affordable housing preferred
- Strong communication, organization, and problem-solving skills