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Asset Manager

Glen Allen, VA, USA Req #124
Tuesday, October 8, 2019

We’re looking for amazing people! Come join VHDA as an Asset Manager. This important role will evaluate the overall financial and physical performance of multifamily apartment communities financed by VHDA as well as Virginia’s TCAP and Exchange portfolio.
The individual will oversee a regionally-based loan portfolio for the Central VA Team and will report to the department management on at-risk apartment communities with VHDA financing. 
 

Responsibilities will include:

  • Evaluating financial strengths/weaknesses affecting VHDA’s security by analyzing financial indicators. 

  • Identifying at–risk properties to appear on Troubled/Watch Reports.

  • Assisting in preparation of financial proformas for loan modifications.

  • Analyzing and administering VHDA-held reserve accounts.

  • Assisting in analyzing requests for loan assumptions.

  • Analyzing capital improvement programs.

  • Recognizing real estate operational trends.

  • Assisting in preparation of VHDA’s data collection of properties’ performances for rating agencies.

  • Conducting physical inspections of properties financed through and administered by VHDA.

  • Performing market/expense analysis studies for debt modification requests.

Qualified candidates must possess 2-3 years in the real estate, asset management, and/or financial services field. Must have knowledge of real estate analysis, asset management, and/or property management practices. Bachelor’s degree or equivalent work experience. Proficiency in MS Office (Excel) is required. Industry designations such as the CAM or CPM, preferred.

Travel Required: 25%.  Must possess a current driver’s license in good standing and be able to travel, occasionally overnight. Will be required to inspect properties by navigating the buildings, stairways, and grounds. 

VHDA is one of the nation’s premier housing finance organizations. Our mission is to help Virginians attain quality, affordable housing, which we accomplish through our public-private partnerships.

We are focused on employee engagement and committed to a healthy and diverse workforce. We offer educational opportunities to help your advancement through classroom and online programs. We offer on-site free parking.

This position will be located at VHDA’s Glen Allen, VA office.

Applications and resumes are accepted online only at: http://www.vhda.com/careers.

This position will remain open until filled.

Hiring Range: $68,568 - $89,138

Background and credit checks will be performed as a condition of employment.

- EOE -

Other details

  • Pay Type Salary
  • Min Hiring Rate $68,568.00
  • Max Hiring Rate $89,138.00
  • Glen Allen, VA, USA