Development Asset Manager - Brooklyn

Are you an experienced professional in the affordable housing development space, looking to make an impact? This is an exciting opportunity to join a leading team as a hands on Asset Manager, driving sizable project success and portfolio growth in Brooklyn and throughout New York.

Client Details

This company is a fast growing, residential real estate developer with an incredible edge, known for its strategic investments and commitment to excellence. They specialize in real estate development and asset management, striving to deliver high-quality results for their clients and stakeholders.

Description

• Oversee and manage a diverse portfolio of development assets, seeing them through construction and then stabilization, ensuring optimal performance and profitability. Projects range from $50 million to $450 million and biased towards LIHTC and Section 8, affordable housing.
• Collaborate with cross-functional teams to drive project execution from inception to completion.
• Develop and implement asset management strategies to align with company goals and objectives.
• Conduct financial analysis, budgeting, and forecasting to support decision-making processes.
• Monitor market trends and identify opportunities for portfolio growth and improvement.
• Maintain strong relationships with stakeholders, including investors, partners, and vendors.
• Ensure compliance with local regulations and company policies throughout the project lifecycle.
• Prepare and present reports on asset performance to senior management.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

Profile

A successful Development Asset Manager should have:

• Must have Section 8 or LIHTC affordable housing experience, ideally tenant in place
• Will have good CAPEX, capital improvement project experience and an eye for design and construction
• Must have experience managing tenant, property management and investor relations, driving excellence
• Experience in the property industry, particularly in asset management and development.
• Strong analytical skills with a background in financial modelling and budgeting.
• Excellent communication and interpersonal abilities to manage stakeholder relationships effectively.
• A proactive approach to problem-solving and decision-making.
• Knowledge of the Brooklyn and New York property market is a plus.

Job Offer

• HIGH bonus potential and regular reviews offering high levels of upward mobility
• Competitive salary estimated at $155,000 to $195,000 annually + some flexibility to increase, epic benefits
• Opportunity to work with a respected company in the property industry.
• Professional growth and development within the organization.
• Collaborative and supportive company culture.
• Potential for involvement in high-impact projects in Brooklyn, New York.

If you're ready to take the next step in your career as a Development Asset Manager, we encourage you to apply today!

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.