What are the responsibilities and job description for the Asset Management Associate position at LMDPCAREERS?
Sena Affordable Communities (“Sena”) is the LIHTC preservation affiliate of L M Fund Management (“LMFM”). Since 2014, the principals of Sena have been instrumental in the acquisition and renovation of over 10,000 units representing $2.8 billion in transactions across numerous markets, including New York’s tristate area, Washington D.C., the West Coast, and the Sunbelt, Gulf Coast, and Midwest regions. Sena acquires affordable multi-family assets across the U.S. with the goal to renovate and modernize housing while preserving and extending long-term affordability through the use of Low-Income Housing Tax Credits and tax-exempt bonds.
L M Fund Management (“LMFM”) invests in and operates workforce and affordable assets on behalf of institutional investors and, to date, has acquired ~22,000 units and consummated $4.8 billion in transactions. LMFM has raised more than $1 billion of total equity across multiple investment vehicles. LMFM is an affiliate of L M Development Partners LLC.
Founded in 1984, L M has over 500 professionals and has been responsible for more than $20 billion in investment, development, and construction, having created or preserved nearly 35,000 high-quality residential units (and together with LMFM, more than 57,000 units) in the New York City metro area, the West Coast, Sunbelt, the Midwest, and Gulf Coast regions. L M is recognized as a preeminent platform within the real estate industry and is nationally ranked in the top 5 among affordable housing owners, according to Affordable Housing Finance’s rankings.
Please visit our website for more information: http://lmdevpartners.com. To learn more about our mission and values, go to https://lmdevpartners.com/mission-and-values/.
