EAFF Asset Manager

Elmington•Nashville, TN

9d•Hybrid

About The Position

The Asset Manager is responsible for overseeing the investment lifecycle of a portfolio of LIHTC multifamily assets. This includes, but is not limited to, monitoring the original investment plan, communicating about performance, and reforecasting when assets have strayed from the investment plan.

Requirements

Exceptional verbal and written communication skills to liaise effectively with team members and leadership
Outstanding organizational skills to manage multiple priorities, tasks, and deadlines efficiently
Financial management
Analysis skills
Knowledge of capital improvement and renovations
Business acumen
Communication proficiency
Ethical conduct
Relationship management
Bachelor's degree in a related field
2 - 5 years' experience in asset management, real estate analytics, or similar industry

Responsibilities

Develop and execute strategies to drive revenue growth across the portfolio
Determine effectiveness of expense-controlling and revenue-enhancing initiatives, and implement accordingly
Establish review processes to analyze financial performance against budgets
Conduct quarterly property visits to assess onsite performance/operations, curb appeal, and ensure Elmington standards are met
Forecast asset performance by conducting ongoing evaluation of cash flow to maximize annual distributions to investors
Analyze portfolio trends and external market trends impacting asset performance
Track assets' performance through various reporting methods shared with stakeholders
Conducts audits to ensure the portfolio is compliant with all applicable regulations
Work closely with the development team during underwriting and due dillingence efforts
Work closely with property management team, and all lines of business across Elmington