Senior Asset Manager

Description

• Lead annual property inspections and conduct additional site visits to assess operations, compliance, and physical condition.
• Collaborate with finance, development, and acquisitions teams on refinancing, dispositions, and recapitalization efforts.
• Manage transitions from development through construction to stabilized operations, ensuring smooth handoffs and continued asset optimization.
• Oversee Section 42 compliance and state agency reporting, ensuring timely completion of all annual recertifications and regulatory reporting.
• Lead the resolution of underperforming assets through proactive engagement, financial restructuring, or repositioning strategies.
• Prepare and deliver reports and presentations for investors, lenders, and senior management summarizing portfolio performance and market trends.
• Strengthen relationships with property management companies, housing agencies, investors, and key partners.
• Exercises sound judgment and maintain confidentiality when handling sensitive information.
• Conduct complex risk analyses, deal structuring reviews, and provide actionable insights to acquisitions and development teams.
• Supervise third-party property and asset managers and internal staff, setting performance expectations and ensuring effective execution.
• Develop and implement asset management strategies to improve performance, mitigate risk, and enhance long-term investment value.
• Maintain and refine property monitoring and data management processes to ensure data integrity and reporting accuracy.
• Review property-level financials, budgets, audits, and tax returns; monitor key performance metrics including NOI, DSCR, and occupancy.
• Review and approve capital expenditure plans, reserve withdrawals, and equity contribution requests and prepare distribution calculations.
• Provide strategic oversight and direction for a portfolio of affordable and workforce multifamily assets to maximize value and ensure financial, operational, and compliance performance.
• Evaluate joint venture acquisitions by reviewing financial projections, investment assumptions, sponsor capacity, and market positioning.

Requirements

• Excellent written and verbal communication skills, including the ability to present complex data clearly to senior stakeholders.
• Demonstrated leadership and mentoring skills with a collaborative, team-oriented mindset.
• 5+ years of experience in affordable housing development and management, including expertise with LIHTC programs.
• Exceptional organization and prioritization skills in managing multiple deadlines and projects.
• Ability to show ownership of your work, embrace challenges and growth opportunities, and demonstrate patience when learning new processes
• Attendance is generally required from 8:30 am – 5:30 pm local time, Tuesday through Thursday, with the option to work remotely on Mondays and Fridays.
• Bachelor’s degree in Business, Finance, Economics, or Accounting.
• Advanced analytical, financial modeling, and problem-solving skills with exceptional attention to detail.
• 5+ years in real estate asset management with strong skills in operations, budgeting, financial reporting, and analysis.
• Proven ability to interpret legal documents related to property operations, financing, and leasing.
• Demonstrates courtesy, respect, and thoughtfulness when teaming with colleagues and collaborating with stakeholders
• Strong understanding of affordable housing compliance, partnership structures, and property operations.

Benefits

• The opportunity to join one of Fortune Magazine’s Great Places to Work winners from 2015-2023
• Pre-tax transit and commuting benefits
• Comprehensive benefit options* that have earned Walker & Dunlop the silver level of the 2022 Cigna Healthy Workforce Designation™, some of which include:
• A robust health and wellness program – earn cash rewards and gain access to resources that
• Competitive dental and vision benefits
• Company-paid life, short and long-term disability insurance
• Paid maternity and parental leave, as well as other family paid leave programs
• 401(k) + match
• Up to 83% subsidized medical payroll deductions
• Health Savings Account and Healthcare and Dependent Care Flexible Spending
• Career development opportunities
• Empowerment and encouragement to give back – volunteer hours and donation matching

Training + Development

Interview process

Visa Sponsorship

Security clearance