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LIHTC - District Manager

Cirrus Asset Management
Renton, WA Full Time
POSTED ON 2/8/2025
AVAILABLE BEFORE 4/8/2025

Company Description

At Cirrus Asset Management, we are dedicated to providing exceptional property management services to property owners and residents alike. With our expertise and passion for real estate, we strive to create a seamless and rewarding experience for all parties involved.

Our company culture is defined by its unwavering commitment to integrity, empowerment, respect, teamwork, innovation, and exceptional customer service. These values shape our everyday actions and guide us in achieving our mission and serving our clients effectively. 

What's in it for you?

Paid Holiday, Sick, and Vacation Time
Health Insurance
Life Insurance
Dental Insurance
Vision Insurance
401k Plan
Healthcare Spending or Reimbursement Accounts such as HSAs, FSAs, HRPs, and HRAs

Job Description

  • Monitors and directs rental activity, assuming ultimate responsibility for occupancy management.
  • Verifies weekly traffic and closing ratio numbers, ensuring compliance with company standards.
  • Monitors and directs all on-site marketing/advertising, maintaining an on-going, in-depth knowledge of the associated market.
  • Performs monthly Shop and review of current rents and occupancy of the competition, their continued appropriateness as a comparison, as well as other relevant rents in the marketplace.
  • Advises Regional Property Supervisor of pricing strategy, opportunities for adjusting rental rates,
  • and all changes in the marketplace.
  • Reviews shopping reports monthly with Regional Property Supervisor and staff.
  • Assumes responsibility for success of all aspects of Corporate Housing Program.
  • Directs the day-to-day activities of maintenance, landscaping, and other community operations in compliance with company standards.
  • Keeps accurate records of current space conditions including roof, HVAC, utilities and special circumstances.
  • Maintains an established minimum percentage of vacant apartments in market ready condition.
  • Maintains an established minimum downtime standard for preparation of market ready apartments.
  • Performs monthly Property Inspection and prepares monthly Property Inspection Report, including 30-day remedy plan and follow-up documentation.
  • Monitors revenue transactions, check endorsements and deposit procedures.
  • Monitors timely rent collection and processing of payables.
  • Monitors operating income/expense budgets and capital budgets which reflect the owner's objectives for operating the property, cash flow requirements and leasing strategy.
  • Administers budgets and performs operational review and analysis of corrective action needed.
  • Prepares legal documentation to ensure collections, serving as property representative in court proceedings while demonstrating knowledge of all community legal issues affecting residency, storage, abandonment, bankruptcy, and unlawful detainer/eviction actions.
  • Recommends and implements programs which contribute to community profitability.
  • Analyzes and distributes monthly financial statements including operating variances from budget, cash management and strategies for collection of receivables.
  • Verifies accurate preparation of all Yardi and other reports.
  • Assists in long range planning for the community by maintaining a current and accurate assessment of the community’s physical plan and operations.
  • Directs the day-to-day activities of loss prevention, risk management, safety and security, including monthly night time common area lighting audits and safety program, including holding monthly safety meetings.
  • Develops a network of emergency services and is available for 24 hour/weekend coverage and resident functions as required.
  • Attends education workshops and company sponsored events.

Qualifications

  • Minimum of three years of property management experience, managing 2 or more apartment communities or equivalent - Required
  • Affordable/ LIHTC experience - Required
  • Yardi - Preferred
  • Must have excellent computer skills as well as proficiency in the following software programs: Microsoft Word, Excel, and Outlook
  • Ability to organize and problem-solve
  • Strong written and oral interpersonal and communication skills.
  • Strong time management, follow up, administrative and organizational skills.
  • Ability to work independently, organizes tasks, manage time, and prioritize projects.
  • Must have reliable transportation and valid Driver's license and auto insurance to travel between communities for work.

Additional Information

Pay range: $80,000 - $100,000 per year

The above job description is not intended to be an all-inclusive list of duties and standards of the position.

We are an equal opportunity employer and all applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. We will consider for employment qualified applicants with criminal histories. 

All your information will be kept confidential according to EEO guidelines.

Salary : $80,000 - $100,000

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