Senior Asset Manager-LIHTC
Core
Oversight and management of a Direct Low Income Housing Tax Credit (LIHTC) portfolio comprising 60-70 development and stabilized assets.
Role type
Senior Asset Manager (LIHTC)
Builds
Managed LIHTC investment portfolio
Domain
Real Estate Finance / Affordable Housing
Deliverable
client delivery
Required skills
LIHTC portfolio management, risk identification and mitigation, capital transaction negotiation, compliance issue resolution, K-1 and tax return analysis, proforma preparation, capital account analysis, site visit execution
Preferred skills
End-of-life asset negotiation, workout experience, HTC and state credit negotiation
Technologies
CARMA, EDR
Responsibilities
Monitor assets from development through conversion and stabilization; conduct site visits; negotiate refinancing, exits, and partnership amendments; prepare semi-annual reports and tax checklists; maintain data in CARMA and EDR; resolve compliance issues with General Partners
Seniority
Senior, hands-on IC