Senior Asset Manager

1 month ago

Portland, United States Community Development Partners Full time
Job DescriptionJob Description

At Community Development Partners (CDP), we are deeply proud of our track record of providing award-winning solutions to housing. We work every day to achieve our mission of creating life-enhancing affordable housing that transcends the fundamental goal of providing high quality homes by building innovative and sustainable developments with a focus on long-term community engagement. As a mission-driven certified B Corp, we are unique in our field as a for-profit developer that leads with our impact goals. Since our inception in 2012, we have built a portfolio of nearly 3,000 homes with another 1,000 in our pipeline, amounting to over $1.2 billion in total development costs.

Sure, that’s what we do, and we are passionately committed to it, but equally as important is who we are as a team. We believe in forward progress, continuous collaboration, authentic connection, and mixing it all up with a healthy dose of fun. We are a hybrid team, which means you get the best of both worlds – in-person connection and collaboration while in the office, and quiet focus-time while at home. As an Equal Opportunity Employer, we offer a full suite of benefits that includes highly subsidized insurance, retirement plan with matching contributions, a sabbatical program, cell phone reimbursement, PTO, and more.

We’re looking for a new Sr. Asset Manager to join our Portland Asset Management team. In this role you will lead a growing portfolio of affordable housing communities, ensuring the portfolio initiatives and performance are in alignment with our mission-based goals. We operate on a hybrid work model, with three days in our Portland, OR office and two days remote each week.

Your role will include:

  • Maintaining detailed working knowledge of each project within your portfolio.
  • Driving and managing operational and financial performance, understanding all aspects of operations and cash flow for each project within your portfolio.
  • Monitoring asset performance by collecting, reviewing, analyzing, and reporting on asset financials, including monthly financial reviews, monthly and quarterly portfolio reporting, internal cash flow modeling and forecasting, annual budgeting of revenue, and expenses and capital expenditures.
  • Proactive collaboration with Development, ensuring alignment and efficiencies that thoughtfully and intentionally manage and mitigate Cap Ex spending.
  • Overseeing and monitoring the achievement of benchmarks such as construction completion, qualified occupancy, stabilization, and permanent loan conversion of LIHTC projects.
  • Assist in shaping 3rd party property management policies for the CDP portfolio, while guiding and influencing property management in decision-making based on budgets, cash balances, development processes, and business plans.
  • Successfully navigate and negotiate conflicting interests between ownership, operations and services.
  • Partnering closely with our resident services coordinator to ensure resident and community goals and objectives are met.
  • Ensuring compliance for your portfolio by tracking and overseeing management company filings including state, lender, and investor reporting, as well as tax exemptions by non-profit partners.
  • Additional tasks and duties, as assigned.

If the following sounds like you, we want to hear from you:

  • Ability to successfully interface and build strong cross-functional relationships with all levels of internal team members and external strategic partners (agencies, legislators, elected officials, jurisdictions, other stakeholders, and decision makers), finding common ground and solving problems for the good of all.
  • Ability to understand and update complicated financial models, project long-term cash flow, calculate DSCR, etc., and to communicate with internal/external finance professionals based on internal modeling.
  • Strong written and verbal communication skills (in English), allowing for clear and succinct communication in a variety of settings (phone, in-person, and email), and with people of various backgrounds and levels, both internally and externally.
  • Ability to solve problems involving multiple options, making decisions with an in-depth understanding and interpretation of procedures, company policies and business practices to achieve complex results.
  • Thorough understanding of MS Office and Google Workspace, with advanced knowledge of MS Excel.
  • A strong customer focus, with dedication to meeting the expectations, needs and requirements of internal and external customers, successfully gaining their trust and respect.
  • Willingness to roll up your sleeves and dig in, finding creative solutions to new and old challenges.
  • Ability to work successfully both independently and with others, building professional working relationships based on mutual trust and respect.
  • Comprehensive understanding of financial statements, including Operating Statement, Rent Roll, Balance Sheet, and Aged Receivables.
  • A strong understanding of development, finance, operations, or affordable housing.
  • Strong planning and organizing skills, with the ability to work on multiple projects simultaneously and while adhering to deadlines.
  • Ability to periodically visit your portfolio of properties, including driving to your nearby assets and flying to your other West Coast properties.
  • Willingness and ability to travel to, and work from, CDP's Newport Beach, California office at least once per month.

Minimum qualifications for consideration:

  • Bachelor’s degree in real estate, finance, economics, or a related field, or equivalent experience
  • Minimum 5 years’ experience in real estate asset management or property management, with at least 2 years of direct real estate asset management experience.
  • Minimum 4 years of direct LIHTC experience.
  • Experience with, and a deep understanding of, financial modeling.
  • Experience with Limited Partnership agreements, loan documents, regulatory agreements and other legal documents relating to affordable real estate transactions.
  • Master’s degree in real estate a plus.

Powered by JazzHR

oHgZDuLq7l

  • Senior Housing Asset Manager

    1 week ago

    Portland, Oregon, United States Community Development Partners Full time

    Community Development Partners (CDP) - Senior Housing Asset ManagerCommunity Development Partners (CDP) is a purpose-driven certified B Corporation focused on delivering innovative and sustainable solutions for affordable housing. With a portfolio encompassing nearly 3,000 residences and exceeding $1.2 billion in total development costs, we are dedicated to...

  • Senior Fixed Asset Accountant

    1 month ago

    Portland, United States The Ladders Full time

    Job Summary The Senior Fixed Asset Accountant will report to the Accounting Manager. The Senior Fixed Asset Accountant is responsible for the timely and accurate completion of fixed asset and software development cost journal entries and reconciliations during each month-end close, ensuring all work performed is in accordance with GAAP, and to self-manage...

  • Asset Risk Management Coordinator

    1 week ago

    Portland, Oregon, United States PacifiCorp Full time

    Asset Risk Program Manager Company: PacifiCorp JOIN OUR TEAMAt PacifiCorp, we are dedicated to fostering a culture that prioritizes customer service excellence, environmental stewardship, and inclusivity. Department Overview The Asset Risk Division plays a crucial role in identifying, assessing, and formulating strategies to mitigate risks associated with...

  • Electrical Engineer

    2 days ago

    Portland, Oregon, United States PacifiCorp Full time

    About the RolePacifiCorp is seeking a highly skilled Senior Electrical Engineer to join our Asset Risk team. As a key member of our team, you will be responsible for identifying, quantifying, and developing mitigation strategies for risks to electric transmission and distribution assets.Key ResponsibilitiesDevelop engineering studies, plans, specifications,...

  • Asset Reliability Manager

    1 week ago

    Portland, Oregon, United States EVRAZ North America Full time

    Job OverviewAt EVRAZ North America, we believe that our strength lies in our people. Our collaborative team works together to tackle challenges, share innovative ideas, and push each other to achieve growth and success for both the organization and our employees.Position SummaryWe are currently in search of a skilled Asset Reliability Manager to become part...

  • Asset Reliability Manager

    1 week ago

    Portland, Oregon, United States EVRAZ North America Full time

    About the RoleAt EVRAZ North America, we believe our strength lies in our people. We work collaboratively to tackle challenges, share innovative ideas, and support each other to drive growth and success for both the organization and our employees.We are currently seeking a skilled Asset Reliability Manager to join our team. This position is based in...

  • Asset Risk Management Specialist

    4 days ago

    Portland, Oregon, United States PacifiCorp Full time

    About the RolePacifiCorp is seeking a highly skilled professional to join our team as an Asset Risk Program Manager. This is a critical role that requires a strong understanding of electric utility risk management and the ability to develop and implement effective risk mitigation strategies.Key ResponsibilitiesDevelop and formalize strategic objectives for...

  • Asset Risk Program Manager

    4 days ago

    Portland, Oregon, United States PacifiCorp Full time

    About the RolePacifiCorp is seeking a highly skilled professional to fill the position of Asset Risk Program Manager. This role is responsible for coordinating the development of an integrated risk strategy that aligns programmatic efforts covering wildfire risk, reliability, and resilience within a common framework.Key ResponsibilitiesDevelop and formalize...

  • Asset Management Consultant

    2 days ago

    Portland, Oregon, United States PacifiCorp Full time

    About the RolePacifiCorp is seeking a highly skilled Business Development Specialist to join our team. As a key member of our organization, you will be responsible for providing strategic advice and counsel to management and client organizations.Key ResponsibilitiesConduct in-depth analyses and develop recommendations to drive business growth and...

  • Asset Security Specialist

    3 weeks ago

    Portland, Oregon, United States City of Portland Full time

    Job Appointment: Full-TimeWork Schedule: Work shifts, which include all days and hours, are determined by seniorityWork Location: Multiple Locations. This role is typically performed outdoors, requiring the ability to navigate rough terrain and in all weather conditions.Benefit: Please check our benefits tab for an overview of benefits for this...

  • Asset Reliability Leader

    1 week ago

    Portland, Oregon, United States EVRAZ North America Full time

    At EVRAZ, our strength is rooted in our workforce. We work collaboratively to address challenges, share insights, and motivate one another to foster growth and success for both the organization and its employees. Position Overview and Responsibilities EVRAZ North America is on the lookout for a seasoned Asset Reliability Leader to become part of our team....

  • Electrical Asset Coordinator

    2 days ago

    Portland, Oregon, United States EVRAZ North America Full time

    Job SummaryWe are seeking an experienced Electrical Signing Supervisor/Asset Maintenance Coordinator to join our team at EVRAZ North America. This role will oversee the supervision of licensed electricians and apprentices, ensuring that electrical installations and work are properly licensed and compliant with regulations.Key ResponsibilitiesIndirectly...

  • Asset Investment Analyst

    3 weeks ago

    South Portland, United States ReVision Energy Full time

    Description The Asset Investment Analyst will be responsible for maximizing the return on investment for all of Revision's PV and EV assets and those we manage for outside owners. This role will have a unique blend of both financial analysis and managing the accounting and back-end operations of the assets. They will work with our legal, finance, and service...

  • Senior Business Analyst

    5 days ago

    Portland, Oregon, United States PacifiCorp Full time

    Senior Business Analyst (Asset Management and Compliance)Company: PacifiCorp JOIN OUR TEAM PacifiCorp is dedicated to fostering a culture of customer service excellence, environmental sustainability, and a commitment to diversity, equity, and inclusion. We are looking for candidates who share our customer-centric vision. General Purpose The Senior Business...

  • Asset Risk Program Mgr

    5 days ago

    Portland, United States PacifiCorp Full time

    General Purpose The Asset Risk Program Mgr is responsible for coordinating the development of an integrated risk strategy aligning programmatic efforts covering wildfire risk, reliability, and resilience within a common framework. This position will support development, approval, tracking, and reporting on cross-functional work to achieve strategic...

  • Asset Protection Coordinator

    2 days ago

    Portland, Maine, United States Hannaford Supermarkets Full time

    Job SummaryHannaford Supermarkets is seeking a highly skilled Asset Protection Coordinator to join our team. As a key member of our store operations team, you will play a critical role in preventing and deterring theft, and limiting the loss of company assets/product in the stores to which you are assigned.Key ResponsibilitiesAssist the Asset Protection...

  • Investment Asset Analyst

    1 week ago

    South Portland, Maine, United States ReVision Energy Full time

    The Investment Asset Analyst will play a crucial role in optimizing the financial returns for all of ReVision Energy's photovoltaic (PV) and electric vehicle (EV) assets, as well as those managed on behalf of external owners. This position uniquely combines financial analysis with oversight of accounting and operational functions related to the assets. The...

  • Investment Asset Analyst

    5 days ago

    South Portland, Maine, United States ReVision Energy Full time

    The Investment Asset Analyst will play a crucial role in optimizing the financial returns for all of ReVision Energy's photovoltaic (PV) and electric vehicle (EV) assets, as well as those managed on behalf of external owners. This position uniquely combines financial evaluation with oversight of accounting and operational functions related to the assets. The...

  • Investment Asset Analyst

    1 week ago

    South Portland, Maine, United States ReVision Energy Full time

    The Investment Asset Analyst will play a crucial role in optimizing the financial returns for all of ReVision Energy's photovoltaic (PV) and electric vehicle (EV) assets, as well as those managed on behalf of external stakeholders. This position uniquely combines financial evaluation with oversight of accounting and operational functions related to the...

  • Staff/Senior Construction Project Manager

    3 months ago

    Portland, United States Portland General Electric Company Full time

    SUMMARY Wildfire Project Management, Construction at PGE uses one scalable project management methodology to manage various types of construction programs and projects from new construction to major capital upgrades through the engineering procurement, construction, and commissioning phases of the project.  It requires working with large teams of subject...