What are the responsibilities and job description for the Director of Asset Management position at High Country: Private Equity Search?
Our Client:
Join a Leading Affordable Housing Developer: This dynamic and entrepreneurial real estate private equity firm strengthens communities by developing, investing in, and operating sustainable, high-quality properties for individuals, seniors, and families with lower and moderate incomes. With a portfolio of over 140 properties and more than 20,000 units across nearly 30 states, our client has a robust pipeline of acquisitions and aggressive growth plans.
The Role:
We seek an experienced asset management professional to oversee a regional portfolio of affordable multifamily housing. This role provides strategic oversight, monitoring, and reporting on asset and portfolio performance. Strong leadership and stakeholder relationship management skills are essential. Hybrid role (3 days in office) based in Denver, CO, with ~20% travel
Key Responsibilities:
- Manage financial and operational performance of a regional portfolio (acquisition through disposition).
- Lead and develop a small team.
- Build and maintain key regional partnerships (HAs, PMAs, Housing Agencies).
- Enhance property monitoring and risk management, including third-party oversight.
- Analyze financials, support tax/audit processes, and ensure regulatory compliance (Section 8, Section 42).
- Implement business strategies and portfolio initiatives.
- Manage capital projects and budgets.
- Address investor/lender/partner requests.
Qualifications:
- 5 years of relevant asset management experience specifically in affordable housing.
- Bachelor's degree in Real Estate or Finance.
- Deep understanding of Section 42 LIHTC and Section 8 HUD regulations/programs.
- Proficient in Microsoft Office Suite.
- Experience managing 1-2 team members preferred.
- New acquisition/construction a plus.
- Yardi experience a plus.
Salary : $150,000 - $185,000
