We are seeking a driven, hands-on Multifamily Asset Manager with deep experience in affordable housing and distressed assets. This role is responsible for overseeing the performance, strategy, and execution of a portfolio of multifamily properties, ensuring financial strength, operational efficiency, and long-term value creation.

The ideal candidate is a go-getter and self-starter—someone who takes ownership, pushes initiatives forward without being asked, collaborates effectively with cross-functional teams, and holds partners and operators accountable to results.

Key Responsibilities

Asset Oversight & Performance

Oversee day-to-day and long-term performance of a multifamily portfolio, with emphasis on affordable and distressed assets
Develop and execute asset-level business plans, turnaround strategies, and value-add initiatives
Monitor financial performance including budgets, forecasts, rent rolls, operating statements, and variance analyses
Drive NOI growth through operational improvements, expense control, and revenue optimization

Affordable Housing & Compliance

Ensure compliance with applicable affordable housing programs (LIHTC, HUD, Section 8, bond-financed assets, etc.)
Coordinate with property management and compliance teams to address audits, reporting, and regulatory requirements
Identify risks and proactively resolve compliance or operational issues

Property Management & Vendor Management

Oversee third-party property management companies and internal teams
Set clear expectations, KPIs, and timelines—and hold teams accountable for execution
Review staffing plans, leasing performance, maintenance operations, and capital projects
Manage vendors, contractors, and consultants to ensure quality, timeliness, and cost control

Capital Projects & Distressed Asset Execution

Oversee capital improvement plans, rehab scopes, and turnaround initiatives
Track project budgets, schedules, and outcomes
Identify distressed asset challenges early and implement corrective action plans

Communication & Collaboration

Serve as a central point of coordination between ownership, property management, accounting, construction, and leadership
Provide clear, timely reporting and recommendations to stakeholders
Act as a team player while maintaining firm accountability and performance standards

Qualifications

3–7+ years of experience in multifamily asset management
Demonstrated experience with affordable housing and/or distressed assets required
Strong understanding of multifamily operations, financial analysis, and real estate fundamentals
Experience overseeing third-party property management companies
Ability to manage multiple priorities in a fast-paced environment
Proven self-starter who takes initiative and drives results without constant oversight
Strong communication skills with the confidence to challenge underperformance constructively
High level of organization, follow-through, and attention to detail

Key Traits for Success

Go-getter mindset with a bias toward action
Comfortable holding others accountable while remaining collaborative
Problem-solver who thrives in complex or distressed situations
Team-oriented but unafraid to make tough decisions
Results-driven with strong ownership mentality

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