Associate Vice President of Asset Management

Job overview

The Associate Vice President of Asset Management role is onsite in Chicago, IL, with an annual salary of $90,000–$110,000. The position supports an established affordable housing owner and operator and its portfolio of more than 1,200 units. Reporting to the Vice President of Asset Management, this role helps protect and improve portfolio performance by monitoring financial and operational results, maintaining regulatory compliance, planning capital improvements, and representing ownership in lease negotiations, tax matters, and building court proceedings when needed.

What you'll do

• Monitor budgets, cash flow, and reserves across an affordable housing and tax credit portfolio of more than 1,200 units
• prepare and submit real estate owned schedule reporting
• oversee affordable housing and tax credit compliance
• negotiate commercial leases
• manage real estate tax appeals and abatement filings
• represent ownership in building court proceedings when needed
• lead capital improvement planning and track budgets
• partner with on-site property management teams using OneSite
• report to the Vice President of Asset Management.

What we're looking for

Skills & competencies

full-time

associate vice president

asset management

affordable housing

chicago il

blue castle agency

$90,000–$110,000/year

lihtc

hud

section 8

onesite

capital improvement planning

commercial lease negotiation

portfolio financial performance

Work arrangement

• Weekend coverage required

Benefits & perks

• Medical, dental, and vision coverage
• 401(k) with company match
• short- and long-term disability coverage
• paid time off
• and paid holidays.

Why this role

The posting calls for 5+ years of related affordable housing asset management and/or property management experience, knowledge of LIHTC, HUD, and Section 8 requirements, and experience with OneSite or similar software. An architecture background is a plus, not a requirement.

About the employer

Blue Castle Agency is hiring for this role. Industry: Other Activities Related to Real Estate. Sector: 53.