Portfolio & Asset Manager | Affordable Housing & LIHTC

Our ClientActive, multidisciplinary, highly reputable multifamily affordable housing, workforce housing and conventional market-rate Developer, Owner & BuilderVery well-respected organization with a strong pipeline and appetite for growthEstablished reputation for exceeding expectations for their business partners and their residentsInnovative, high-profile developments and an unwavering commitment to develop high-quality communitiesTheir affordable/LIHTC developments often feature high-quality design, sustainable materials, and amenities comparable to market-rate propertiesKnown for successful projects in urban infill and transit-oriented development areasTheir team encompasses diverse backgrounds in urban development, city government, and community outreach and they have created and maintained valuable alliances with local governments, communities, and industry partners, which enhance every project they completeEarned 20+ Tax Credit awards over a 4-year periodFocused in the Southeastern U.S.One of their Development team members shared, “I love working here. I would love to be here forever. If I could stay here forever, I’d be more than happy to. I love the company and the people. It’s a fun place to work! Most people come into the office at least four days a week just because they want to – because of our culture and fun work environment and the comradery.”The Opportunity – Portfolio ManagerReport directly to the Chief Investment OfficerOversee a LIHTC portfolio of ~50 properties and ~5,000 units (including affordable, workforce and market-rate merchant build)Ensure Property Management team is hitting occupancy, keeping up with collections and rent increases, and meeting/exceeding financial goalsEnsure Property Management team is executing the asset plans appropriately and accuratelyCoordinate the lease-up process (unit acceptance, inspections, startup timing, to conversion)Identify efficiencies in the portfolioRegularly review financials for the properties in the portfolioRepresent ownership with Property ManagementConduct annual site visitsCoordinate monthly reporting to partners and lendersAbundant learning and growth opportunitiesAdditional responsibilities may include:Oversee annual asset plans, cash distributions, and conversionsParticipate in transactions (LP exits, dispositions, acquisitions)Oversee quarterly REO scheduleResponsible for monthly financial reporting to ownershipApprove capex expenses that are unbudgeted or over a thresholdConduct annual site visitsReview annual audits and tax returnsOur Firm – KM PartnersKM Partners’ national Executive Search and Professional Recruitment practice areas focus on high-growth, impact-investment-oriented businesses across relevant industries, including Investment Management, Real Estate, Clean Energy, Sustainable Infrastructure, and related Business and Professional Services. With a core focus in Tax Credits (LIHTC, NMTC, Historic, & Renewable), Multifamily, Affordable and Senior Housing, we partner with clients and place industry-specific professionals throughout the United States. We represent C-level Executive Leadership, Middle Management, and experienced Associates across industry professions.