Asset Manager - Construction

Cherry Bekaert • Silver Spring, MD

6d • Hybrid

About The Position

Join a mission-driven real estate organization and collaborate with a strong, supportive team focused on preserving and enhancing affordable housing communities. This hybrid role involves managing the financial and operational performance of an affordable housing portfolio and overseeing capital improvement and rehabilitation projects from planning through completion. The Asset Manager monitors reserves, budgets, cash flow, and asset performance; ensures compliance with affordable housing programs, financing requirements, and LIHTC regulations; and partners with property management teams, consultants, contractors, and other stakeholders. The role also includes portfolio analysis, property inspections, long-term asset planning, and presenting recommendations and performance updates to senior leadership. The position is contract-to-hire and follows a hybrid schedule of 2–3 days per week in the office.

Requirements

• Bachelor's degree in Real Estate, Finance, Business, Construction Management, Urban Planning, or a related field.
• At least 5 years of experience in asset management, affordable housing, construction management, property operations, or related real estate functions.
• Strong financial analysis, budgeting, and capital project management experience.
• Knowledge of affordable housing programs, including LIHTC and HUD-related programs.
• Advanced Excel skills.

Nice To Haves

• Experience with MRI Investment Central, Yardi, RealPage, Boston Post, or Sage Intacct.

Responsibilities

• Manage the financial and operational performance of an affordable housing portfolio.
• Oversee capital improvement and rehabilitation projects from planning through completion.
• Monitor reserves, budgets, cash flow, and asset performance.
• Ensure compliance with affordable housing programs, financing requirements, and LIHTC regulations.
• Partner with property management teams, consultants, contractors, and stakeholders.
• Conduct portfolio analysis, property inspections, and long-term asset planning.
• Present recommendations and performance updates to senior leadership.

What This Job Offers

• Career Level: Mid Level