Construction Asset Manager (Contract-to-Hire)

Cherry Bekaert•Silver Spring, MD
•Hybrid

About The Position

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

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.
  • Experience with Yardi.
  • Experience with RealPage.
  • Experience with Boston Post.
  • Experience with Sage Intacct.
  • Hands-on asset management experience combining financial acumen with construction and capital project experience.
  • Passion for supporting affordable housing initiatives and working collaboratively.

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.
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