Now hiring: Asset Manager

Job Title: Asset Manager

Department: Asset Management
Reports to: Senior Asset Manager
Job Status: Full-time/Exempt
Compensation: D.O.E., medical, dental, vision and retirement plan

About Our Organization

Mission Housing Development Corporation develops high-quality, well-managed, affordable, sustainable homes and communities that promote the self-sufficiency of low and moderate income families, seniors, and persons with diverse needs and offers technical assistance to service providers to help them develop affordable housing that meets the needs of special populations


The Asset Manager will assist in overseeing and ensuring the financial and physical health of an affordable housing portfolio.

Duties and Responsibilities

  • Manage the redevelopment of the existing Mission Housing Corporation Development portfolio
  • Manage the development of potential new projects
  • Assist in the planning and implementation of property specific Master Plans
  • Monitor and provide oversight of property management processes
  • Obtain and review property monthly financial and operating statements to ensure appropriate efficiency
  • Conduct regular property inspections and assist appropriate governmental agencies with physical property and file inspections
  • Assist in the preparation of annual governmental reporting and other compliance processes
  • Correspond and communicate with financial institutions such as lending agency and institution staff, limited partners and other investors
  • Produce quarterly, annual and other reports as required per loan, limited partnership and other governing loan and regulatory agreements
  • Assist in ensuring regulatory compliance or property portfolio
  • Assist in overseeing the annual property budgeting process and annual audit review process
  • Engage relevant parties in financial workouts for properties with operational and cash flow challenges
  • Assist in implementing debt restructuring, recapitalization and re-syndication processes as needed
  • Perform project management responsibilities as necessary, inclusive of budgeting, loan draws, loan conversion and construction-related support for development projects
  • Issues reports to, and participates in meetings with Mission Housing Executive staff and Board of Directors concerning confidential matters and Mission Housing policy discussions and decisions
  • Assist in the acquisition and disposition of organization’s physical property assets
  • Assist with processing of accounts payable and assist in the collections of amounts owed
  • Assist with the organization’s annual insurance renewal process, obtain certification of insurance from vendors and contractors, and ensure compliance of existing insurance requirements
  • Interface with and cultivate productive relationships with the Resident Services Department in an effort to produce the most stable and efficient housing environments possible
  • Any additional projects as assigned

Required Skills, Abilities and Educational Qualifications

  • Bachelor’s, or Master’s degree in finance or related field with 3-5 years of experience in real estate or finance, or, 5-7 years of related real estate experience
  • Ability to prepare financial feasibility analyses, conduct research and prepare narrative reports and proposals
  • Strong analytical skills
  • Strong management abilities and ability to lead by example
  • Good political instincts and judgment
  • Ability to work effectively with development professionals, public officials, and, individuals of low and moderate income from multiple ethnic origins
  • Experience with, or strong interest in, nonprofit, community-based organizations and commitment to the mission and goals of Mission Housing Development Corporation
  • Strong computer skills, primarily on Microsoft Office Suite
  • Ability to take direction in an environment where priorities can change suddenly
  • Ability to multi-task and work well under pressure
  • Team player attitude
  • Be able to meet deadlines

Physical Demands

  • While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms and talk or hear
  • The employee is occasionally required to stand, walk and drive
  • The employee must occasionally lift and/or move up to 20 pounds

Work Environment

  • While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms and talk or hear
  • The employee is occasionally required to stand, walk and drive
  • The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job
  • Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions
  • The noise level in the work environment is usually quiet to moderate; construction sites may be noisy and appropriate measures should be taken to protect hearing and health on job sites

Mission Housing Development Corporation is an equal opportunity employer and does not discriminate against any employee or applicant for employment because of race, color, ethnic background, religion, sex, sexual orientation, age, national origin, or disabilities. Please let us know if you need any special accommodations

Mission Housing Development Corporation is a drug-free work place as required by the “Drug-Free Workplace Act of 1988.”

To Apply: Please email resume and cover letter to hr@missionhousing.org.

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