Portfolio & Asset Manager | Affordable Housing & LIHTC

Our Client

Active, multidisciplinary, highly reputable multifamily affordable housing, workforce housing and conventional market-rate Developer, Owner & Builder

Very well-respected organization with a strong pipeline and appetite for growth

Established reputation for exceeding expectations for their business partners and their residents

Innovative, high-profile developments and an unwavering commitment to develop high-quality communities

Their affordable / LIHTC developments often feature high-quality design, sustainable materials, and amenities comparable to market-rate properties

Known for successful projects in urban infill and transit-oriented development areas

Their 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 complete

Earned 20+ Tax Credit awards over a 4-year period

Focused 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 Manager

Report directly to the Chief Investment Officer

Oversee 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 goals

Ensure Property Management team is executing the asset plans appropriately and accurately

Coordinate the lease-up process (unit acceptance, inspections, startup timing, to conversion)

Identify efficiencies in the portfolio

Regularly review financials for the properties in the portfolio

Represent ownership with Property Management

Conduct annual site visits

Coordinate monthly reporting to partners and lenders

Abundant learning and growth opportunities

Additional responsibilities may include :

Oversee annual asset plans, cash distributions, and conversions

Participate in transactions (LP exits, dispositions, acquisitions)

Oversee quarterly REO schedule

Responsible for monthly financial reporting to ownership

Approve capex expenses that are unbudgeted or over a threshold

Conduct annual site visits

Review annual audits and tax returns

Our Firm – KM Partners

KM 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.