Highlights
The Assistant Asset Manager provides high-level administrative, analytical, and coordination support to the Director in overseeing a portfolio of affordable multifamily housing properties. This role will assist with property performance tracking, reporting, compliance and financial information, lender and investor communications, and coordination with internal and external stakeholders.
Numbers & Facts
| Location | NY |
| Industry | Staffing/Employment Agencies |
| Company Size | 10 to 19 employees |
| Year Founded | 1985 |
| Website | http://www.questorg.com |
Description
Assistant Asset Manager LIHTC / Affordable Housing
The Assistant Asset Manager provides high-level administrative, analytical, and coordination support to the Director in overseeing a portfolio of affordable multifamily housing properties. This role will assist with property performance tracking, reporting, compliance and financial information, lender and investor communications, and coordination with internal and external stakeholders. The ideal candidate is highly organized, detail-oriented, proactive, and comfortable working with financial and property-level information.
Responsibilities:
- Support the day-to-day oversight and administration of the multifamily portfolio.
- Collect, organize, and track property-level financial, operational, occupancy, and compliance information.
- Prepare and maintain reports, spreadsheets, presentations, and asset management files.
- Assist with monthly and quarterly property performance reporting and analysis.
- Track key property milestones, budgets, capital projects, leases, occupancy, compliance requirements, and other asset-level initiatives.
- Coordinate information requests from lenders, equity partners, property managers, state agencies, and other third parties.
- Assist with preparation of materials for lender, investor, and ownership meetings.
- Maintain accurate records of property documents, contracts, reports, and correspondence.
- Monitor deadlines and follow up with property management and other stakeholders to ensure timely completion of action items.
- Assist with due diligence and reporting related to acquisitions, refinancings, dispositions, and other asset-level transactions.
- Support the Director with special projects, research, and analysis as needed.
- Perform other administrative and analytical duties in support of the Asset Management team.
Qualifications:
- 2+ years of experience in real estate, property management, asset management, accounting, finance, or a related field.
- LIHTC experience is required.
- Strong Excel skills and proficiency with Microsoft Office.
- Strong organizational and time-management skills with exceptional attention to detail.
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- Strong written and verbal communication skills.
- Ability to work professionally with property managers, lenders, investors, government agencies, and other external partners.
- Demonstrated ability to work independently, take initiative, and follow through on assignments.
About Company
For over 30 years, The Quest Organization and its related entities have been a highly respected leader in Executive Search and Business Advisory Services, taking a holistic approach to finding not only the most talented individuals for “C” level executives and Middle Management Professionals, but making sure that our clients have truly defined their need both from a technical perspective and an overall “fit perspective. The hallmark of our success is the extraordinary experience and business acumen of our professional staff with a combined 50+ years of achievements in Executive Search and Advisory Services.
With backgrounds as CPAs in the Big “4″ and as financial professionals in industry, we are uniquely positioned to provide our clients with meaningful hiring recommendations, grounded in a thorough understanding of their overall business including their operations, finance, accounting, human capital and sales.
Our staff through their daily transactions in the employment marketplace and extensive participation in regional business organizations, is well positioned to provide candidates from mid level to CEO’s with insightful advice on career planning and positioning. Every candidate that we represent, benefits from a comprehensive interview to ensure they are considered for appropriate opportunities which match their capabilities, experience, desired compensation and quality of life attributes. We are known to provide the most meticulous interview preparation and follow through in the industry.