Asset Manager

2 weeks ago

Calabasas, United States Walker & Dunlop Full time

Department:
Affordable Housing | Equity - Asset Management

We are Walker & Dunlop. We are one of the largest providers of capital to the commercial real estate industry, enabling real estate owners and operators to bring their visions of communities — where people live, work, shop, and play — to life. We are committed to creating meaningful social, environmental, and economic change in our communities. We believe seeking diverse talent and promoting the inclusion of all perspectives are more than moral imperatives - they are critical to our success and ability to innovate and grow.

Department Overview

W&D Affordable Equity (formerly Alliant Capital) is a leading tax credit firm focused on tax credit syndication for the development and financing of affordable multifamily rental housing. As a syndicator of Low-Income Housing Tax Credits (LIHTC), W&D Affordable Equity raises corporate equity and monitors the development, construction, lease-up, and permanent financing phases of its investments. With a dedicated team of experienced real estate, asset management, legal, and tax professionals, we provide the highest level of fully integrated real estate and investment support services.

The Impact You Will Have

Primary Responsibilities

During underwriting the Asset Manager may be responsible to:
- Assist acquisitions in shaping the investing by evaluating projected operating numbers, investments assumptions, structure of the limited partnership agreement, capacity of the sponsor and property management agent, and provide market data/analysis.- Opine on other deal structuring issues and risk analysis of potential investments.

Oversee investment portfolio by:
- Responsible for the financial and operational performance of an assigned multifamily portfolio consisting of Low Income Housing Tax Credit (LIHTC) properties.- Review monthly financial reports prepared by property management firms to track asset performance; review and evaluate key indicators, such as vacancy, delinquencies and turnover rates, and budget-to-actual variances.- Monitoring property performance through analysis and review of budgets, quarterly reports, annual audits and K-1 returns.- Monitoring the construction, leasing, stabilization, and ongoing management and compliance strategies (including section 42, and state monitoring agency requirements) for the assigned properties.- Analyzing appropriateness and timing of equity installments and equity adjustments/yield maintenance calculations- Review equity contribution packages or approve reserve withdrawals on occasion within defined limits.- Improve the property monitoring and risk management processes including overseeing third party property management companies.- Monitoring tax credit compliance status and triggers in each guaranty (completion, operating, and tax credit delivery) and financial capacity of guarantors.- Establish and enhance relationships with property management companies, housing associations organization, financial institutions and other relevant companies/individuals.- Maintain contact and develop/maintain relationships with general partners regarding strategies and specific asset management plans for increasing the value of investments.- Maintaining periodic contact with general partners/sponsors regarding management strategies and specific asset management plans.- Provide workout and repositioning solution for distressed assets.- Handle refinancing, acquisitions, and dispositions for partner interest and properties.- Provide reports and conduct presentations for investors and clients.-
- At times oversee, mentor and assist the Associate Asset Manager in their duties.- Oversee regulatory compliance in accordance with loan documentation.- Coordinating asset management functions through periodic site/sponsor visits, investment reviews, financial analysis, property analysis and portfolio analysis.- Performing surplus cash calculations and coordinate receipt of fees and cash flow sharing.- Maintaining database completeness and integrity.- Other job duties or special projects as needed or assigned.- Attendance is generally 8:30 am - 5:30 pm EST Monday through Friday with the ability to work up to 2 of those days remotely

Education and Experience- Bachelor’s degree in business administration finance, economics, or accounting, or equivalent experience. Graduate Degree preferred. Minimum of three years of experience in and knowledge of affordable housing development and management programs, especially the Low Income Housing Tax Credit program (asset management of real estate investment portfolios); real estate with operations and analysis, budgeting, financial reporting, and general accounting.- Financial management and analysis of a portfolio of properties are key for the position.- Workout experience is strongly preferred.- Experience in and high knowledge of affordable housing development and management programs, especially the Low Income Housing Tax Credit program.

  • Accounting Manager

    2 weeks ago

    Calabasas, California, United States Equis Staffing Full time

    Senior Accountant Opening at ABC CompanyManage and oversee closing activities across multiple regions.Execute period end procedures in ERP system and assist in the consolidation process.Prepare monthly entries for the General Ledger and reconcile corporate accounting balances.Handle debt, loan receivable, and investment reconciliation.Create quarterly...

  • Accounting Manager

    4 weeks ago

    Calabasas, United States Equis Staffing Full time

    Manage and monitor closing activities across all regions. Perform period close procedures in ERP system and support consolidation. Prepare monthly GL entries and reconcile balance for corporate accounting, including debt, loan receivable and investment. Prepare quarterly schedules for SEC disclosure requirements. Review monthly hedging settlement and...

  • Accounting Manager

    4 weeks ago

    Calabasas, United States Equis Staffing Full time

    Job DescriptionJob DescriptionA highly successful consumer electronics company in the San Fernando Valley is seeking an Accounting Manager for a 6-month assignment. Job Description:Manage and monitor closing activities across all regions. Perform period close procedures in ERP system and support consolidation.Prepare monthly GL entries and reconcile balance...

  • Store Manager in Training

    3 weeks ago

    Calabasas, United States Mountain View Automotive Full time

    Store Manager **Duties**: - Oversee the daily operations of the store, ensuring efficient and effective performance - Manage and motivate a team of sales associates to achieve sales targets and provide excellent customer service - Develop and implement strategies to increase store sales and profitability - Monitor inventory levels and ensure accurate stock...

  • Marketing Coordinator

    4 weeks ago

    Calabasas, United States FullDeck Full time

    Hospitality client is seeking a Marketing Coordinator to join their team. In this role you will be responsible for supporting the PR, Communications, and Education team. You will be organizing, editing, and updating content for global use, with a particular focus on the team’s content matrixes, PR spreadsheets, detailed itinerary files, company awards,...

  • Marketing Coordinator

    4 weeks ago

    Calabasas, United States FULLDECK Full time

    Hospitality client is seeking a Marketing Coordinator to join their team. In this role you will be responsible for supporting the PR, Communications, and Education team. You will be organizing, editing, and updating content for global use, with a particular focus on the teams content matrixes, PR spreadsheets, detailed itinerary files, company awards,...

  • Marketing Coordinator

    1 month ago

    Calabasas, United States FullDeck Full time

    Hospitality client is seeking a Marketing Coordinator to join their team. In this role you will be responsible for supporting the PR, Communications, and Education team. You will be organizing, editing, and updating content for global use, with a particular focus on the team’s content matrixes, PR spreadsheets, detailed itinerary files, company awards,...

  • Marketing Coordinator

    2 weeks ago

    Calabasas, California, United States FULLDECK Full time

    Hospitality client is seeking a Marketing Coordinator to join their team. In this role you will be responsible for supporting the PR, Communications, and Education team. You will be organizing, editing, and updating content for global use, with a particular focus on the teams content matrixes, PR spreadsheets, detailed itinerary files, company awards,...

  • Digital Designer

    4 weeks ago

    Calabasas, United States Adecco Full time

    Adecco Creative and Marketing is searching for a Digital Designer for a leading force in the beauty industry, housing renowned brands.. We are dedicated to innovation, creativity, and excellence in every aspect of our work. Join our team and be a part of shaping the future of beauty.Must be commutable to Calabasas, CA office for meetings and...

  • Digital Designer

    4 weeks ago

    Calabasas, United States Adecco Full time

    Adecco Creative and Marketing is searching for a Digital Designer for a leading force in the beauty industry, housing renowned brands.. We are dedicated to innovation, creativity, and excellence in every aspect of our work. Join our team and be a part of shaping the future of beauty.Must be commutable to Calabasas, CA office for meetings and...

  • Digital Designer

    4 weeks ago

    Calabasas, United States Adecco Full time

    Adecco Creative and Marketing is searching for a Digital Designer for a leading force in the beauty industry, housing renowned brands.. We are dedicated to innovation, creativity, and excellence in every aspect of our work. Join our team and be a part of shaping the future of beauty.Must be commutable to Calabasas, CA office for meetings and...

  • Area Loss Prevention Manager

    1 week ago

    Calabasas, United States Harbor Freight Tools USA, Inc. Full time

    Our Area Loss Prevention Managers ensure safe and secure stores through the objective identification of loss and risk opportunities. Our Area Loss Prevention Managers plan and prioritize to provide an optimal customer experience to their portfolio of stores. They thrive on supporting and building high performance teams that execute with...

  • Room Attendant

    1 week ago

    Calabasas, United States Anza Hotel Full time

    Compensation Type: Hourly Highgate Hotels: Highgate is a premier real estate investment and hospitality management company widely recognized as an innovator in the industry. Highgate is the dominant player in U.S. gateway markets including New York, Boston, Miami, San Francisco and Honolulu, with a rapidly expanding presence in Europe, Latin America, and the...

  • Room Attendant

    4 weeks ago

    Calabasas, United States Anza Hotel Full time

    Compensation Type: Hourly Highgate Hotels: Highgate is a premier real estate investment and hospitality management company widely recognized as an innovator in the industry. Highgate is the dominant player in U.S. gateway markets including New York, Boston, Miami, San Francisco and Honolulu, with a rapidly expanding presence in Europe, Latin America, and the...

  • Room Attendant

    3 weeks ago

    Calabasas, United States Anza Hotel Full time

    Compensation Type: Hourly Highgate Hotels: Highgate is a premier real estate investment and hospitality management company widely recognized as an innovator in the industry. Highgate is the dominant player in U.S. gateway markets including New York, Boston, Miami, San Francisco and Honolulu, with a rapidly expanding presence in Europe, Latin America, and the...

  • Housekeeping Supervisor

    4 weeks ago

    Calabasas, United States Anza Hotel Full time

    Compensation Type: Hourly Highgate Hotels: Highgate is a premier real estate investment and hospitality management company widely recognized as an innovator in the industry. Highgate is the dominant player in U.S. gateway markets including New York, Boston, Miami, San Francisco and Honolulu, with a rapidly expanding presence in Europe, Latin America, and the...

  • Setup Loan Processor

    3 weeks ago

    Calabasas, United States Priority Financial Network Full time

    **SETUP LOAN PROCESSOR** At Priority, the Setup Loan Processor is responsible for assisting loan officers with setting up their files in the LOS, organizing and reviewing 1st pass documentation, preparing a file for disclosures or preapproval, and assisting our Sales Manager with the flow of Loan Officer inquiries on products and procedures. This includes...

  • Content Coordinator, Marketing

    4 weeks ago

    Calabasas, United States FULLDECK Full time

    Expanding hospitality client is seeking a Content Coordinator to join their team. You will be responsible for supporting the PR, and Communications team. Work 4 days onsite in Calabasas, 1 day remote. Responsibilities: Organize, editing, and updating content for global use with a focus on the content matrixes, Organize, edit, and updating content for...

  • Content Coordinator, Marketing

    4 weeks ago

    Calabasas, United States FullDeck Full time

    Expanding hospitality client is seeking a Content Coordinator to join their team. You will be responsible for supporting the PR, and Communications team. Work 4 days onsite in Calabasas, 1 day remote.Responsibilities:Organize, editing, and updating content for global use with a focus on the content matrixes,Organize, edit, and updating content for global...

  • Senior Graphic Designer

    3 weeks ago

    Calabasas, California, United States Insomniac Events Full time

    Insomniac - Senior Graphic DesignerWHO ARE YOU?Do you enjoy dance music? Do you excel at graphic design Then you're in luck We are looking for a highly motivated self-starter who embodies both a passion for dance culture and a love/talent the graphic design. Is this you? Read on...Insomniac Events is currently seeking a highly motivated and proactive Senior...