Asset Manager

Elmington•Nashville, TN

About The Position

The Asset Manager oversees the investment lifecycle of a portfolio of Low-Income Housing Tax Credit (LIHTC) multifamily assets. Responsibilities include monitoring each asset's original investment plan, communicating performance, and reforecasting when assets deviate from that plan. The role works with development, property management, and other business teams to support asset performance and compliance.

Requirements

Bachelor's degree in a related field.
Exceptional verbal and written communication skills.
Strong organizational skills to manage multiple priorities, tasks, and deadlines.
Financial management and analysis skills.
Knowledge of capital improvements and renovations.
Business acumen, communication proficiency, ethical conduct, and relationship management.

Nice To Haves

Two to five years of experience in asset management, real estate analytics, or a similar industry; preferred but not required.

Responsibilities

Develop and execute strategies to drive revenue growth across the portfolio.
Evaluate the effectiveness of expense-controlling and revenue-enhancing initiatives and implement them as appropriate.
Establish review processes to analyze financial performance against budgets.
Conduct quarterly property visits to assess onsite performance and operations, curb appeal, and compliance with Elmington standards.
Forecast asset performance through ongoing cash-flow evaluation to maximize annual investor distributions.
Analyze portfolio and external market trends that affect asset performance.
Track asset performance using reporting methods shared with stakeholders.
Conduct audits to ensure portfolio compliance with applicable regulations.
Work with the development team on underwriting and due diligence.
Work with the property management team and other Elmington business teams.