Asset Manager or Sr. Asset Manager (Remote)
Company: Community HousingWorks
Location: San Diego
Posted on: May 5, 2025
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Job Description:
The Sr. Asset Manager, under the direction of Asset Management,
oversees the operations of affordable rental housing communities
owned by Community HousingWorks, its affiliates and its
partnerships. This position requires the ability to provide
high-level asset, financial and project management, administrative
services, directing the third-party management personnel and mutual
objectives, independent management of varied duties, and the
ability to provide clear feedback to the Director. The objectives
and responsibilities of the Senior Asset Manager encompass those of
the Asset Manager, with the addition of mentoring assigned
subordinates such as Asset Managers or future Associate Asset
Managers or analysts. This position will also oversee more
specialized and complicated tasks than the Asset Manager as
assigned by the Director of Asset Management.
Role & Responsibilities:
Represent CHW's ownership concerns and coordinate with property
managers, project managers, accountants, architects, attorneys, and
other development team members to ensure that lease-up, marketing
and outreach and maintenance of waiting lists are handled in
accordance with the management plan, CHW policies, and all
regulatory requirements and, that goals for development are met on
time.
Work collaboratively to create and refine reporting procedures,
database and other informational systems to collect data, track
projects, enhance communication and distribute to department and
greater asset management team.
Determine and execute repositioning plans for the portfolio of
properties. This could include investor exits from properties,
refinancing of existing loans and agreements and the oversight of
capital projects related refinancing or other proceeds secured for
the property.
Participation, preparation and review of schedules in the annual
audit process for the properties including the preparation of
residual receipts calculations.
Review and analyze monthly property financial statements for
reporting to the Asset Management Director and Vice President, CEO,
CFO, Board, as requested.
Review annual operating budgets to insure implementation of
multi-year plans and coordination with property management.
Represent CHW to all stakeholders-partners, lenders, property
managers, vendors and residents and community members, with an
above average level of understanding, and supporting our mission,
vision and values.
Create asset management plans for CHW's operating portfolio
Perform site inspections and oversee physical risk management
Oversee the creation, collection, and maintenance of physical
specifications with the goal of maintaining the integrity of the
original designs, while updating and greening the product.
Lead and perform due diligence on proposed new acquisitions, and
make recommendations to the senior vice president on new
acquisitions, and projects.
Leads the oversight of construction management on acquisition
rehabs.
Leads and monitors the third-party property management company in
the performance of lease-ups in both new construction and occupied
rehabs.
Completes other tasks as assigned related to real estate asset
management, policy development, budgets, planning, maintenance of
records and systems and administration.
Education and Experience:
Physical Abilities:
The physical abilities to perform tasks may require prolonged
sitting, standing and/or moving.
Moves throughout the office spaces, outdoor spaces and building to
access areas of resident services.
Moves equipment weighing between 20-35 pounds without assistance.
Moves more than 35 pounds with assistance.
Moves through outdoor spaces of varying levels and textures
including uneven ground. May have to move around active
construction sites and follow the site-specific safety
protocol.
Work Environment:
The noise and climate level in the work environment varies
depending on the work site, including outdoor work environments.
Reasonable accommodations may be made to enable individuals with
different abilities to perform the roles and responsibilities of
this position.
This role requires working at different sites and in areas at
varying degrees of distance.
Compensation
It may vary based on skills, experience and qualifications
$132,400 - $149,600
Benefits:
CHW offers employees generous benefits, including:
Community HousingWorks is an equal opportunity employer and is
committed to creating a diverse and inclusive company culture, CHW
does not discriminate against candidate and employees because of
their disability, sex, race, gender identity, sexual orientation,
religion, national origin, age, veteran status, or any other
protected status under the law.
Keywords: Community HousingWorks, Newport Beach , Asset Manager or Sr. Asset Manager (Remote), Executive , San Diego, California
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