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Job Description

A housing corporation is seeking a skilled Asset Manager to join their team. This role is critical in supporting the corporation's housing projects, both directly owned and in partnerships with private limited partners. The ideal candidate will possess a strong background in real estate management and a proven track record of driving asset performance.

If you are a seasoned professional with a passion for real estate asset management and a drive to excel in a dynamic environment, we encourage you to apply for this exciting opportunity.

Hours

Full-time, Monday-Friday, 8am-5pm with some weekends and evenings as needed

Location

Honolulu, Oahu

Pay

$85,000 to $90,000 a year

Responsibilities

• Coordinate and oversee activities of property management firms hired to manage properties in the corporation's real estate portfolio.
• Formulate and operate management programs and tenant support services.
• Manage long-term and physical livability of a 15 project, 939 rental unit portfolio, including commercial spaces and related support services for families, elderly, and special needs tenants.
• Assist Director of Finance and Asset Management in managing all aspects of the portfolio's administrative, financial, capital, and operations.
• Develop master asset management plan and administer risk analysis to determine project risk profile.
• Manage cash flow and physical assets such as property and real estate.
• Drive asset performance by increasing operating efficiencies, reducing costs, and capturing portfolio revenue increases.
• Ensure compliance with partnership and limited liability corporation agreements, as well as government, tax-exempt, and tax credit regulatory requirements.
• Supervise and monitor property management agents' effectiveness in operations and compliance with standard practices.
• Review variances monthly, establish performance benchmarks, and recommend action or revisions of project operating budgets.
• Review annual financial and compliance audits and regularly inspect each property.
• Negotiate contracts affecting portfolio.
• Other duties as assigned.

Qualifications

• High degree of autonomy and good judgment.
• At least 10 years of experience as a real estate property management manager.
• Bachelor's Degree in related field preferred.
• Reliable vehicle.
• Knowledgeable in fair housing laws, real estate property management operations, tax-exempt bond and government financing, and tax credit programs in the affordable housing market.
• Proficient in Yardi Property Management software and MS Office.
• Excellent math, writing, and communication skills.
• Ability to read and interpret financial audits, statements, and tax returns.
• Experience in reviewing and managing project property budgets.
• Skilled in preparing and presenting various types of presentations to groups.
• Capable of working independently and resolving problems and conflicts.
• Ability to independently manage oversight of property management companies.