Asset Management Analyst
BRIDGE Housing Corporation is a leading affordable housing development partner that strengthens communities by providing high-quality, affordable homes. The Asset Management Analyst will support the Asset Management Team in executing the business plan for a portfolio of affordable multi-family assets, focusing on compliance, market conditions, and property operations.ResponsibilitiesComplete and file monthly, quarterly, and annual reports to ensure compliance with lender and investor as well as tax credit funding requirementsAssist in identifying and escalating significant issues to the Asset Manager/Senior Asset ManagerAttend weekly Asset Management calls to discuss priorities, learn and contribute to discussions on best practicesParticipate in regular portfolio management meetings that are relevant to assigned propertiesContribute to the annual property budgeting process, including but not limited to developing and maintaining cash flow and distribution projections, for assigned propertiesUpdate property databases and trackersIn partnership with the Lead Asset Manager, conduct periodic inspections of all assets in portfolio with particular attention to any troubled assetsAssist in annual property tax exemption filingsSupport the processes for reserve reimbursement and other capital project fundingAbility to understand and research key documents (property audits, partnership documents, financing agreements, regulatory agreements, insurance coverages, tax returns, etc.)Analyze/investigate monthly property budget-to-actual results by comparing them to proforma and key performance indicators (KPIs) established for each propertyIn partnership with the Lead Asset Manager, prepare monthly, quarterly, annual and special/periodic Board, senior management, investor, lender and regulatory agency reporting, as assignedTrain and support new staff members, as neededAssist with special projects and provide assistance to the asset management team as requestedSkillsMinimum of 1 to 3 years of affordable housing knowledge is requiredBasic knowledge of finance, operations, and accounting principles in commercial real estate, with a willingness to learnProficiency in Microsoft Excel, Word, and PowerPointStrong written and oral communication skillsStrong organizational skills with attention to detailDemonstrated eagerness to learn, contribute, and grow within the teamAbility to collaborate effectively with property management, ownership teams and all stakeholdersA diplomatic and assertive approach to problem-solving, coupled with self-motivationCuriosity and a willingness to explore new approaches and solutionsMust have the flexibility to travel to propertiesRelevant experience in commercial real estate, preferably with an owner, lender, manager, syndicator, agency, or real estate consulting group is a plusBS/BA degree preferredCompany OverviewBRIDGE Housing Corporation, a leading nonprofit developer of affordable homes, creates and manages a range of high-quality, affordable homes for working families and seniors. It was founded in 1983, and is headquartered in San Francisco, California, USA, with a workforce of 201-500 employees. Its website is https://www.bridgehousing.com.Company H1B SponsorshipBRIDGE Housing Corporation has a track record of offering H1B sponsorships, with 1 in 2024, 1 in 2021. Please note that this does not guarantee sponsorship for this specific role.
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