AVP, Asset Management – Multifamily

🕒 February 5

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April Housing

51 - 200 employees

🏠 Real Estate

🤝 Non-profit

🌍 Social Impact

Real Estate • Non-profit • Social Impact

April Housing is a leading provider of solutions and capital for the creation and preservation of high-quality affordable housing throughout the United States. A Blackstone portfolio company, April Housing is committed to preserving the affordability of this critical housing stock on a long-term basis. Based in Los Angeles, the company oversees one of the nation’s largest Low-Income Housing Tax Credit (LIHTC) portfolios, aiming to expand the supply of quality affordable housing where residents and communities thrive. April Housing emphasizes best-in-class management, resident engagement, and community impact, with a mission to invest over $500 million to improve their communities while keeping rents affordable.

📋 Description

• Develop and implement asset management strategies to maximize property performance, cash flow, and portfolio value while maintaining affordability commitments • Prepare investment recommendation reports for new construction and rehabilitation, including market assessment, proposed construction scope, and accompanying operating proforma • Oversee a regional portfolio of affordable housing properties, ensuring compliance with HUD, LIHTC, and other federal, state, and local regulatory requirements • Monitor and analyze property performance metrics, including occupancy, rent collections, operating expenses, and capital needs • Conduct regular property and market evaluations to identify opportunities for improvement or risk mitigation

🎯 Requirements

• Bachelor’s degree in Business Administration, Finance, Real Estate, or a related field preferred • Minimum 7 years of experience in asset management, real estate, or property management, with a strong focus on affordable housing • Demonstrated understanding of LIHTC, HUD programs, and other affordable housing regulations • Strong financial acumen, including experience with financial modeling, budgeting, and reporting

🏖️ Benefits

• Competitive pay • Full slate of benefits

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