Jobs
>
San Francisco

    Asset Manager - San Francisco, United States - BRIDGE Housing

    BRIDGE Housing
    BRIDGE Housing San Francisco, United States

    3 weeks ago

    Default job background
    Description
    Job Description

    Job Description

    Summary

    The Asset Manager (AM) is responsible for a portfolio of approximately 30 properties and serves as the primary contact for the portfolio's investors and lenders.

    The portfolio includes a mix of property and financing types, including a number of public housing properties.

    The AM acts as the representative of the owner of each property and as such, they are directly responsible for ensuring that the long-term financial health of properties in the portfolio meets BRIDGE, owner and lender requirements.

    The AM works closely with several cross-functional teams focused on the financial health of the portfolio, including Property Management and individual property site staff, Accounting, Compliance, Legal, Insurance, Development, and Capital Markets.

    The AM has extensive external contact with BRIDGE's consultants (legal, financial, etc.), regulatory agencies, lenders and investors.
    Responsibilities
    General
    Create and maintain comprehensive asset

    management/strategy

    plans for each property in assigned portfolio
    As assigned, work with Development and Property Management to create accurate pro forma and long-term strategic plans for new properties
    Complete portfolio analysis and summary reports to determine concerns impacting the financial and/or physical health of the asset
    Ensure properties are meeting financial goals as projected/required under all agreements or regulations
    Review all reporting information due to investors/lenders
    Research partnership agreements, financing documents, regulatory agreements, tax returns, and other source documents to determine constraints and barriers to long-term needs
    Conduct site visits, document property condition and develop corrective action as appropriate
    Review all governing documents for new and existing properties
    Collaborate with others to resolve issues related to cash-flow and long-term capital needs, including working with investors/lenders to free-up existing reserves or secure new loans or other funding sources available to the projects
    Monitor property commercial spaces and work with brokers to market and negotiate leases with prospective tenants
    Identify properties within the portfolio that are good candidates for refinancing debt and purchasing limited partnership interests. Negotiate limited partnership interest buyouts and close refinancing.
    Participate in preparation and review of the initial and annual tax exemption filings
    Financial Analysis
    Evaluate property plans to ensure surplus cash will meet long-term corporate cash flow targets
    Manage annual budget process with assigned portfolio; propose and recommend solutions to cash-flow issues
    Monitor portfolio to ensure that financial performance is in-line with the budget and that variance explanations meet BRIDGE and investor/lender requirements
    Monitor and review audits to ensure surplus distributions are made correctly and on a timely basis
    Review partnership tax returns to ensure they are in line with projections
    Monitor that properties moving into operations are meeting financial performance according to the original pro forma
    Relationship Management
    Establish and maintain good working relationships with regulatory agencies, lenders and investors as the primary contact for properties in the assigned portfolio
    Negotiate with partners and/or lenders as needed to amend existing agreements
    Facilitate approval processes with lenders and/or investors as needed
    Develop and sponsor occasional meetings to review portfolios with investors, lenders, and internal groups, including the coordination of on-site property visits in the portfolio
    Prepare annual Board reports for single purpose entities and projects with outside partners
    Coordinate all responses to questions from regulatory

    agencies/investors/lenders

    on assigned portfolio
    Physical Planning

    Review long-term capital plans for the properties in assigned portfolio, manage reserve balances to meet long-term capital needs and identify those properties requiring outside funding.

    Ensure that major projects are progressing according to plan.

    Qualifications

    Bachelor's Degree in Finance, Business Administration, Accounting or related field
    Three or more years of experience in real estate or finance with emphasis on financial analysis of large portfolios. Additional related experience may substitute education qualifications.
    Experience in at least four of the following areas: affordable housing, refinancing of debt, affordable housing regulatory programs, real estate accounting, financial analysis, property management or project development (market rate and/or affordable housing)
    Experience in working with 3rd party property managers
    Demonstrated proficiency with Excel and Word
    Ability to multitask and adapt to changing priorities in a fast-paced and collaborative environment
    Ability to present comfortably and in a well-organized manner in front of large groups
    Ability to prepare financial feasibility analyses and strategic plans, conduct research, review portfolio related

    documents/agreements,

    and prepare narrative reports and proposals
    Strong analytical and accounting skills
    Strong written and verbal communication skills
    Good business and financial judgment
    Ability to work effectively with all levels of staff in many departments, external financial professionals, and public officials
    Experience with, or strong interest in, non-profit organizations and BRIDGE's mission
    Ability to provide day-to-day support of assigned portfolio with minimum supervision

    Applicants based in the San Francisco office are preferred, however, other applicants with extensive related experience based in other areas may be considered.

    BRIDGE Housing is an

    Equal Opportunity Employer committed to fostering an inclusive environment for our diverse workforce.

    We do not discriminate on the basis of race, religion, color, national origin, gender identity, sexual orientation, age, marital status, veteran status, or disability.

    Pursuant to the California Fair Chance Act, we will consider qualified applicants with arrest and conviction records.

    #J-18808-Ljbffr
  • BRIDGE Housing

    Asset Manager

    3 weeks ago

    BRIDGE Housing San Francisco, United States

    Summary · The Asset Manager (AM) is responsible for a portfolio of approximately 30 properties and serves as the primary contact for the portfolios investors and lenders. The portfolio includes a mix of property and financing types, including a number of public housing propertie ...

  • Motion Recruitment

    IT Asset Management Specialist

    2 weeks ago

    Motion Recruitment San Francisco, United States

    Title: · IT Support Engineer, Hardware Lifecycle Specialist (Asset/Inventory Management)Location: · Onsite M-F in San Francisco, CA (Office is in SOMA near Salesforce Tower)Type: · 9 Month Contract to Start, Great Chance to Extend Longer TermCompensation: · Please See Posting ...

  • Renewable Properties

    Director of Asset Management

    1 week ago

    Renewable Properties San Francisco, United States

    Renewable Properties is seeking to bring on an experienced and talented Director of Asset Management to be responsible for the Company's Asset Management function. · The candidate will be responsible for leading the Asset Management team as well as managing the Company's portfol ...

  • Generate Inc.

    VP, Asset Management

    1 day ago

    Generate Inc. San Francisco, United States

    We are looking for a seasoned asset management leader with over a decade of experience in asset management, and deep operational knowledge in any combination of sustainable asset technologies, supplemented by a strong commercial skill set and excellent knowledge of project financ ...

  • BRIDGE Housing

    Director of Asset Management

    1 day ago

    BRIDGE Housing San Francisco, United States

    Summary · The Director of Asset Management (DAM) is responsible for maintaining BRIDGEs high quality assets, and for implementing BRIDGEs strategies within the Asset Management department. This person reports to the Senior Vice President of Asset Management and Compliance and wi ...

  • Prologis

    Solar Asset Manager

    2 weeks ago

    Prologis San Francisco, United States Full time

    Prologis, Inc. is the global leader in logistics real estate. In partnership with our customers and our communities, we develop modern, high-quality properties that set the standard for innovative building design and sustainability. Prologis owns or has investments in properties ...

  • Hazen and Sawyer

    Asset Management Specialist

    3 weeks ago

    Hazen and Sawyer San Francisco, United States

    Job Description · Job Description · Hazen has an exceptional opportunity for a self-motivated and dynamic individual to join our West Region growing asset management team for water and/or wastewater infrastructure projects. This individual will perform and manage asset manageme ...

  • BRIDGE Housing

    Asset Management Analyst

    2 days ago

    BRIDGE Housing San Francisco, United States

    About BRIDGE Housing · BRIDGE Housing strengthens communities by developing, owning, and managing high?quality, affordable homes for working families and seniors. BRIDGEs portfolio of housing currently consists of 106 properties and 11,700 units throughout California, Washington ...

  • Motion Recruitment

    IT Asset Management Specialist

    3 weeks ago

    Motion Recruitment San Francisco, United States

    Title: · IT Support Engineer, Hardware Lifecycle Specialist (Asset/Inventory Management) · Location: · Onsite M-F in San Francisco, CA (Office is in SOMA near Salesforce Tower) · Type: · 9 Month Contract to Start, Great Chance to Extend Longer Term · Compensation: · Please Se ...

  • BRIDGE Housing

    Asset Management Analyst

    1 day ago

    BRIDGE Housing San Francisco, United States

    Job Description · Job Description · About BRIDGE Housing · BRIDGE Housing strengthens communities by developing, owning, and managing high‐quality, affordable homes for working families and seniors. BRIDGE's portfolio of housing currently consists of 106 properties and 11,700 u ...

  • Bridge Housing Corporation

    Asset Management Analyst

    4 days ago

    Bridge Housing Corporation San Francisco, United States

    Job Description · Job DescriptionAbout BRIDGE Housing · BRIDGE Housing strengthens communities by developing, owning, and managing high‐quality, affordable homes for working families and seniors. BRIDGE's portfolio of housing currently consists of 106 properties and 11,700 units ...

  • Bridge Housing Corporation

    Director of Asset Management

    1 day ago

    Bridge Housing Corporation San Francisco, United States

    Job Description · Job DescriptionSummary · The Director of Asset Management (DAM) is responsible for maintaining BRIDGE's high quality assets, and for implementing BRIDGE's strategies within the Asset Management department. This person reports to the Senior Vice President of Asse ...

  • Generate Inc.

    VP, Asset Management

    3 weeks ago

    Generate Inc. San Francisco, United States

    We are looking for a seasoned asset management leader with over a decade of experience in asset management, and deep operational knowledge in any combination of sustainable asset technologies, supplemented by a strong commercial skill set and excellent knowledge of project financ ...

  • Bridge Housing Corporation

    Senior Asset Manager

    2 weeks ago

    Bridge Housing Corporation San Francisco, United States

    Job Description · Job DescriptionSummary · The Senior Asset Manager (SAM) is responsible for a portfolio of approximately 30-35 properties and serves as the primary contact for the portfolio's investors and lenders. The portfolio includes a mix of property and financing types, in ...

  • augmentjobs

    Asset Manager

    3 weeks ago

    augmentjobs San Francisco, United States

    Job Description · Job Description · Job Description: · As an Asset Manager, you will be responsible for overseeing the performance and strategic management of investment portfolios, real estate properties, or other assets on behalf of clients or your organization. Your primary ...

  • Augment Jobs

    Asset Manager

    2 weeks ago

    Augment Jobs San Francisco, United States

    Job Description: · As an Asset Manager, you will be responsible for overseeing the performance and strategic management of investment portfolios, real estate properties, or other assets on behalf of clients or your organization. Your primary role involves developing and implemen ...

  • Mercy Housing Inc.

    Asset Manager

    3 weeks ago

    Mercy Housing Inc. San Francisco, United States

    If you are a job seeker with a disability and require a reasonable accommodation to apply for one of our jobs, you will find the contact information to request the appropriate accommodation by visiting the following page: · At Mercy Housing, we are on a mission to redefine afford ...

  • Winmaxcorp

    Asset Management

    1 week ago

    Winmaxcorp San Francisco, United States

    **Asset Management (INVENTORY & ASSET ANALYST)** · **Aug 18, 2021San Francisco, California** · **Asset Management [INVENTORY & ASSET ANALYST]** · **12 Months Contract** · **San Francisco, CA** · **Job Description** · **RESPONSIBILITIES:** · Raising Purchase Orders · Managing ...

  • BRIDGE Housing

    Asset Manager

    2 weeks ago

    BRIDGE Housing San Francisco, United States

    Summary · The Asset Manager (AM) is responsible for a portfolio of approximately 30 properties and serves as the primary contact for the portfolios investors and lenders. The portfolio includes a mix of property and financing types, including a number of public housing propertie ...

  • augmentjobs

    Asset Manager

    2 weeks ago

    augmentjobs San Francisco, United States

    Job Description · Job DescriptionJob Description: As an Asset Manager, you will be responsible for overseeing the performance and strategic management of investment portfolios, real estate properties, or other assets on behalf of clients or your organization. Your primary role in ...