Associate Asset Management

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🏰 Missouri – Remote

🏰 Missouri – Remote

⏰ Full Time

🟢 Junior

🟡 Mid-level

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Advantage Capital

WebsiteLinkedInAll Job Openings

51 - 200 employees

Founded 1992

💸 Finance

🏠 Real Estate

⚡ Energy

💰 $77M Debt financing on 2014-06

Finance • Real Estate • Energy

Advantage Capital is an investment firm that provides capital, tax credit consulting, and investor solutions to drive economic growth in underserved communities. The firm focuses on financing job-generating small businesses, developing affordable housing, and supporting energy solutions, using tools like New Markets Tax Credits and LIHTC equity to connect private capital with community impact. Advantage Capital partners with investors, entrepreneurs, and developers to grow local economies while seeking positive returns and measurable social impact.

📋 Description

• Monitor and evaluate on a quarterly, annual or as-needed basis the financial performance of each asset assigned and address major operational performance issues related to the property • Expedite collection of overdue deliverables by contacting property owners / managers • Establish and maintain good working relationships with internal and external stakeholders and partners including operating partners, property managers, and equity partners • Maintain and update data points in various spreadsheets and online systems • Analyze and interpret data collected from properties for compliance with internal metrics • Prepare monthly, quarterly and annual reports to supervisor which are ultimately provided to senior leadership, and present updates to leadership as needed • Perform site visits, as requested • Monitor projects under construction and lease-up to ensure underwritten budgets and schedules are being maintained • Risk rate assigned assets on quarterly basis and provide a proactive plan for addressing any property added to the watch list. • Reviewing/analyzing documentation supporting capital contribution installments and making recommendation as to whether benchmarks have been met – including debt service coverage ratio, stabilization, and economic/physical occupancy calculations • Field partner requests and changes to partnership agreements for approval • Analyze lease up to determine initial year credits and calculate and make recommendations to leadership on equity adjusters • Track and review tax returns and tax credit eligibility documents from partnerships • Other tasks as directed.

🎯 Requirements

• Working Knowledge of LIHTC Compliance requirements • Ability to independently interpret data, identify inconsistencies or noncompliance and make recommendations to leadership • Excellent verbal and written communication skills. • Excellent organizational skills and attention to detail. • Ability to multi-task and prioritize responsibilities as needed • Excellent time management skills with a proven ability to meet deadlines. • Works well in a team setting • Strong analytical and problem-solving skills. • Ability to maintain confidentiality, and to exercise discretion and good judgment. • Proficient with Microsoft Office Suite or related software. • Bachelor’s degree in commercial real estate or finance field, or equivalent experience in asset management. • Five years of experience in one or a combination of the following: commercial real estate, low-income housing tax credit investment, or asset management.

🏖️ Benefits

• N/A