Asset Management Analyst
BRIDGE Housing Corporation is a leading affordable housing development partner that strengthens communities by providing high-quality, affordable homes. The Asset Management Analyst will support the Asset Management Team in executing the business plan for a portfolio of affordable multi-family assets, focusing on compliance, market conditions, and property operations.
Responsibilities
- Complete and file monthly, quarterly, and annual reports to ensure compliance with lender and investor as well as tax credit funding requirements
- Assist in identifying and escalating significant issues to the Asset Manager/Senior Asset Manager
- Attend weekly Asset Management calls to discuss priorities, learn and contribute to discussions on best practices
- Participate in regular portfolio management meetings that are relevant to assigned properties
- Contribute to the annual property budgeting process, including but not limited to developing and maintaining cash flow and distribution projections, for assigned properties
- Update property databases and trackers
- In partnership with the Lead Asset Manager, conduct periodic inspections of all assets in portfolio with particular attention to any troubled assets
- Assist in annual property tax exemption filings
- Support the processes for reserve reimbursement and other capital project funding
- Ability to understand and research key documents (property audits, partnership documents, financing agreements, regulatory agreements, insurance coverages, tax returns, etc.)
- Analyze/investigate monthly property budget-to-actual results by comparing them to proforma and key performance indicators (KPIs) established for each property
- In partnership with the Lead Asset Manager, prepare monthly, quarterly, annual and special/periodic Board, senior management, investor, lender and regulatory agency reporting, as assigned
- Train and support new staff members, as needed
- Assist with special projects and provide assistance to the asset management team as requested
Skills
- Minimum of 1 to 3 years of affordable housing knowledge is required
- Basic knowledge of finance, operations, and accounting principles in commercial real estate, with a willingness to learn
- Proficiency in Microsoft Excel, Word, and PowerPoint
- Strong written and oral communication skills
- Strong organizational skills with attention to detail
- Demonstrated eagerness to learn, contribute, and grow within the team
- Ability to collaborate effectively with property management, ownership teams and all stakeholders
- A diplomatic and assertive approach to problem-solving, coupled with self-motivation
- Curiosity and a willingness to explore new approaches and solutions
- Must have the flexibility to travel to properties
- Relevant experience in commercial real estate, preferably with an owner, lender, manager, syndicator, agency, or real estate consulting group is a plus
- BS/BA degree preferred
Company Overview
Company H1B Sponsorship