Senior Asset Manager

Central City Concern • Portland, OR

1d • $94,000 - $131,000 • Onsite

About The Position

Central City Concern seeks a Senior Asset Manager to provide strategic direction and oversight for the financial and physical well-being of its real estate portfolio, which serves people affected by homelessness. The role oversees and develops a team of Asset Managers, advises senior and executive leadership on real estate strategy and asset management practices, and ensures that portfolio assets advance the organization’s mission and remain financially sustainable. The position works across Housing Administration, Accounting, Real Estate Development, and Facilities Management, and coordinates with third-party property managers, lenders, and investors.

The position is based at Biltmore, 310 NW 6th Ave., Portland, Oregon 97209. The schedule is Monday through Friday, 8:00 a.m. to 5:00 p.m., with Saturday and Sunday off. The salary range is $94,000–$131,000, influenced by professional experience, licensure, certifications, and internal equity.

Requirements

• Bachelor’s degree in a relevant field of study.
• At least five years of progressively responsible asset management experience, preferably in affordable housing.
• Some supervisory experience in a housing-related environment.
• Knowledge of asset management functions and federal, state, and local affordable-housing guidelines and regulations.
• Computer proficiency with MS Word, Excel, databases, and Internet research; high-level Excel proficiency is required.
• Excellent written and verbal interpersonal and business communication skills.
• Sensitivity to people experiencing homelessness and issues related to homelessness, recovery from trauma or substance use, and the ability to work with people from diverse educational and personal backgrounds.
• Passion for the organization’s mission and a desire to make an impact in a dynamic nonprofit.
• Ability to maintain accurate records and paperwork; strong time-management, follow-through, and organizational skills in a fast-paced environment.
• Ability to understand and analyze complex financial statements, including budget-to-actual statements, balance sheets, and trial balances, and to prepare multi-year cash-flow projections.
• Ability to communicate and interact effectively with clients, employers, partner agencies, and coworkers.
• Ability to be creative, innovative, and a progressive problem solver; maintain a non-judgmental attitude and willingness to learn; and work independently and as part of a team.
• Ability to bend, stoop, kneel, squat, twist, reach, pull, lift heavy objects, and climb stairs, with reasonable or no accommodation.
• Must adhere to the agency’s non-discrimination policies and treat people with diverse ethnic, religious, political, cultural, lifestyle, and sexual-orientation backgrounds with respect and dignity.
• Must comply with the drug-free workplace policy, which prohibits unlawful manufacture, distribution, dispensing, possession, or use of controlled substances or alcohol in the workplace; post-offer and pre-employment drug screens are conducted under federal guidelines.
• Work on this specific contract prohibits convictions involving child or elderly abuse, offenses against persons, sexual offenses, or child neglect.

Nice To Haves

• Project management experience and/or certification.
• Affordable-housing asset management experience.

Responsibilities

• Directly supervise and develop Asset Management staff to achieve departmental goals.
• Lead cross-team project management and process improvement affecting real estate portfolio operations.
• Develop and maintain year-15 buyout plans for the portfolio.
• Manage refinance processes as applicable.
• Participate in enterprise-wide risk management and identify and manage risks related to the real estate portfolio.
• Manage third-party property management contracts and serve as their primary point of contact.
• Review and evaluate new and existing commercial lease terms for their financial impact to Central City Concern.
• Monitor investors’ capital accounts.
• Develop property turnaround and repositioning plans.
• Advise Housing Administration, Accounting, and Real Estate Development during pre-development, development, and lease-up of new sites; ensure compliance with lease-up and Limited Partnership requirements for stabilization.
• Monitor and track portfolio-wide debt obligations and compliance with lender and investor requirements.
• Review and comment on asset-management documents, including loan agreements, limited partnership agreements, operating agreements, and other regulatory agreements.
• Develop and maintain KPI reporting for the real estate portfolio and present it to internal and external audiences as required.
• Review and research asset-management policies and legislation; compile, submit, and present policy recommendations.
• Advise senior and executive leadership on real estate strategy and asset management best practices.
• Partner with and advise Facilities Management on capital planning and improvements, reserve utilization, and repair projects.
• Perform other duties as assigned.

Benefits

• Medical, dental, and vision insurance.
• Student loan repayment options.
• Retirement savings plan with employer matching: 4.25% in the first year, 6% in the second year, and 8% in the third year.
• Paid time off beginning at four weeks of accrual per year, with accrual increasing with longevity.
• Up to 11 recognized holidays and two personal holidays, dependent on work-shift schedule.
• Employer-paid life insurance and short-term and long-term disability insurance.
• Sabbatical program offering extended time off at years 7, 14, and 21.
• Competitive compensation and an extensive total rewards package.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior