Asset Manager

Asset Manager

Gorman & Company is seeking an analytical and relationship-driven Asset Manager to join our growing Asset Management team. This hybrid position can be based in Oregon, Wisconsin; Phoenix, Arizona; or Denver, Colorado offices. In this role, you'll represent ownership by overseeing the financial performance, regulatory compliance, and long-term success of a nationwide portfolio of affordable housing communities while partnering with internal teams, investors, lenders, and agency partners.

If you're passionate about affordable housing, enjoy financial analysis, and thrive in a collaborative environment where your work directly impacts communities nationwide, we'd love to hear from you.

What You'll Do

• Manage the financial and operational performance of a portfolio of LIHTC and affordable housing communities while representing ownership interests.
• Monitor property financial statements, cash flow, NOI, operating trends, and key performance metrics, providing recommendations to improve asset performance.
• Prepare financial models, investment analyses, portfolio forecasts, and return-on-investment reporting to support strategic decision-making.
• Review partnership agreements, operating agreements, loan documents, and regulatory requirements to understand ownership structures and financial obligations.
• Partner with Property Management, Development, Accounting, and Compliance to maximize long-term asset value and operational success.
• Assist with refinancing, recapitalizations, Year 15 planning, investor exits, loan conversions, and other portfolio transactions.
• Review annual operating budgets, capital improvement plans, reserve balances, and reforecasts while identifying opportunities for operational improvements.
• Prepare investor, lender, and ownership reporting while maintaining professional relationships with external stakeholders.
• Conduct site visits throughout the nationwide portfolio to evaluate property conditions, operational performance, and compliance with affordable housing requirements.
• Stay informed on LIHTC regulations, affordable housing programs, financing opportunities, and industry trends to support portfolio strategy and compliance.
• Travel throughout the portfolio (approximately 25%), including overnight travel, to support property visits, stakeholder meetings, and strategic initiatives.

What You'll Bring

• Bachelor's degree in Finance, Accounting, Real Estate, Business, or a related field required.
• Three or more years of experience in affordable housing with a strong emphasis on portfolio financial analysis, asset performance, or real estate finance.
• Experience with LIHTC programs and affordable housing financing structures; prior asset management experience is strongly preferred.
• Strong understanding of financial statements, cash flow analysis, budgets, capital planning, and portfolio performance metrics.
• Excellent written and verbal communication skills with the ability to confidently interact with investors, lenders, syndicators, and executive leadership.
• Proficiency in Microsoft Excel and financial analysis tools with exceptional analytical and organizational skills.
• Valid driver's license and reliable transportation required for regular property visits.
• Ability to travel nationwide approximately 25%, including overnight travel and occasional evening or weekend work as business needs require.

Compensation & Benefits

• Competitive salary of $68,000-$112,000 annually, based on experience, qualifications, geographic location, and market conditions.
• Hybrid work schedule offering flexibility while collaborating with our corporate teams.
• Discretionary annual bonus opportunity based on individual and company performance.
• Comprehensive medical, dental, and vision insurance to support you and your family.
• Company-paid short-term disability, long-term disability, and life insurance.
• 401(k) with up to a 6% company match to help you build your future.
• Generous paid time off starting at 18 days per year plus 11 paid holidays.
• Paid parental leave and Lifestyle Spending Accounts to support your well-being.
• Additional voluntary benefits including pet insurance and gym reimbursement.

If you're ready to help maximize the performance of a nationwide affordable housing portfolio while making a meaningful impact on communities across the country, we'd love to hear from you. Apply today!

We are an equal opportunity employer.