Associate/Sr. Associate, Asset Management

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🕒 May 26

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Logo of April Housing

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

• Assist with monitoring and analyzing property performance metrics such as occupancy rates, rent collections, operating expenses, and capital needs • Conduct property reviews and support regular evaluations to identify opportunities or risks • Support routine property inspections and ensure alignment with operational strategies • Assist in managing budgets, financial planning, and analyses to align with portfolio goals • Collaborate with team members to optimize Net Operating Income (NOI) • Provide assistance in preparing financial reports, audits, and compliance submissions • Help ensure properties comply with HUD, LIHTC, and other federal, state, and local requirements • Identify and assist in mitigating risks, including physical, financial, and regulatory challenges • Partner with AVP and property managers to execute operational strategies • Assist Development and Acquisitions teams with seamless property onboarding

🎯 Requirements

• Bachelor’s degree in Business Administration, Finance, Real Estate, or a related field preferred • At least 3-4 years of experience in real estate, property management, or asset management, preferably in affordable housing • Understanding of affordable housing regulations, HUD, LIHTC • Strong analytical, communication, and organizational skills • Ability to manage competing priorities in a fast-paced environment • Team-oriented with a proactive, results-focused mindset

🏖️ Benefits

• health insurance coverage • retirement savings plan • paid holidays • paid time off (PTO)

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