Asset Manager

National Church Residences•Columbus, OH

About The Position

The Real Estate Asset Manager creates and oversees customized asset management strategies for National Church Residences’ multifamily LIHTC and HUD communities. The role seeks to maximize returns and position assigned properties for optimal financial performance through analysis, planning, budgeting, and monitoring.

Requirements

  • BA/BS degree in Finance, Accounting, Real Estate, or a related field, with a strong record of academic achievement.
  • Experience in property management, leasing, operations, and/or real estate asset management.
  • Proficiency modeling investments in Excel.
  • Understanding of Partnership Agreements and Low Income Housing Tax Credits.
  • Understanding of accounting and financial modeling.
  • Solid analytical and organizational skills and ability to multitask.
  • Highly developed verbal and written communication skills.
  • Ability to work independently and as part of a team.
  • Proactive, detail-oriented, creative approach to problem solving; self-directed and self-managing.
  • Ability to travel throughout the United States up to 25% of the time.
  • Ability to perform typical office movements such as sitting, standing, climbing stairs, stooping, bending, and reaching.

Nice To Haves

  • MBA or CPA.

Responsibilities

  • Analyze property efficiencies and identify opportunities to improve performance and maximize total return for each assigned asset.
  • Work with property managers and Regional Managers to direct and oversee business plans, budgets, forecasts, leases, analyses, and approvals.
  • Conduct market studies of competing properties to determine competitive rents.
  • Manage cash flow, distribution analysis, and investment projections.
  • Develop and distribute periodic asset management reports to senior management, investors, consultants, and other partners.
  • Budget and monitor financial performance to position each asset for optimal financial performance.
  • Support the financial and operational performance of the assigned portfolio and help achieve owner goals, including distributions and long-term property viability.
  • Identify and resolve problems and maintain relationships with managing agents, limited partners, lenders, housing agencies, and HUD.
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