Director of Asset Management & Transactions
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Key details
- Location
- San Francisco, CA, United States
- Work style
- Onsite
- Level
- Lead / Staff+
- Experience
- 8–11 yrs
- Function
- Operations & Strategy
- Focus area
- other
- Posted
- 1h ago
Skills
About the role
Summary
The Director of Asset Management & Transactions is a senior leadership position within the Asset Management department responsible for overseeing a portfolio of affordable housing assets while leading strategic transaction initiatives that preserve and enhance long-term portfolio value. Reporting to the Vice President of Asset Management, this role serves as both an asset management leader and a strategic partner in the execution of complex portfolio initiatives, including refinancing, resyndications, joint ventures, rehabilitation projects, recapitalizations, ownership restructurings, and other capital transactions.
Working collaboratively with Development, Property Management, Accounting, Legal, Construction, and external financing partners, the Director develops and implements strategies that optimize asset performance, address long-term capital needs, preserve affordability, and support organizational objectives. The position provides leadership throughout the transaction lifecycle, including opportunity evaluation, financial analysis, underwriting, capital planning, stakeholder coordination, and execution.
As one of the department's key leaders, the Director supervises Asset Managers, Asset Management Analysts, and Senior Asset Management Analysts, providing oversight, coaching, and professional development while promoting consistent asset management practices across the portfolio. The role also supports the advancement of departmental goals through process improvement, portfolio analytics, and cross-functional collaboration to ensure effective stewardship of the organization's real estate assets.
Duties and Responsibilities
Asset Management Leadership
- Oversee a portfolio of assigned properties and serve as the ownership representative.
- Drive operational and financial performance through strategic asset management initiatives.
- Review and approve annual operating budgets, business plans, capital plans, and financial forecasts.
- Monitor asset performance, occupancy, collections, reserve balances, and regulatory compliance.
- Conduct site visits and lead implementation of asset-specific strategies to improve performance and mitigate risk.
Acquisition Integration & Transition Management
- Lead Asset Management participation in acquisition due diligence, including review of property operations, financial performance, capital needs, risks, and long-term asset strategy.
- Partner with the Acquisitions Department to evaluate opportunities and provide asset management recommendations during underwriting and transaction review.
- Coordinate ownership transition activities and ensure all operational, financial, compliance, and reporting requirements are successfully transferred post-closing.
- Oversee onboarding of newly acquired properties into Asset Management processes, systems, budgets, forecasts, and reporting platforms.
- Collaborate with Property Management and other internal teams to establish operating goals, budgets, staffing plans, and transition priorities.
- Monitor property performance during the transition and stabilization period, ensuring assets achieve acquisition underwriting assumptions and organizational objectives.
- Identify and implement corrective action plans to address operational, financial, compliance, or capital issues and support long-term asset success.
Portfolio Strategy & Capital Planning
- Develop and maintain short- and long-term portfolio strategies to preserve and enhance asset value.
- Evaluate recapitalization, refinancing, rehabilitation, resyndication, acquisition, and disposition opportunities.
- Assess long-term capital needs and develop funding strategies to support portfolio objectives.
- Identify opportunities to optimize cash flow, preserve affordability, and improve operational efficiency.
Transaction Management
- Lead and oversee complex real estate transactions, including:
- Refinancings
- Resyndications
- Public and private financing applications
- Partnership restructurings such as buyouts
- Loan modifications
- Property transfers and ownership reorganizations
- Acquisitions and dispositions, as assigned
- Direct financial underwriting, due diligence, and transaction analyses.
- Negotiate financing terms and coordinate transaction closings with lenders, investors, attorneys, consultants, and public agencies.
- Present transaction recommendations to executive leadership and approval committees.
Rehabilitation & Recapitalization Projects
- Lead portfolio recapitalization efforts and rehabilitation initiatives.
- Collaborate with Development, Construction, Capital Markets, and Property Management teams to establish project scope, funding plans, budgets, and schedules.
- Monitor execution of capital improvements to ensure completion within approved budget and timeline.
- Financial Systems, Analytics & Reporting
- Lead development and maintenance of portfolio-wide financial tracking systems and reporting infrastructure.
Reserve management
- Rent planning and revenue optimization
- Long-term financial modeling
- Capital planning
- Develop dashboards, performance metrics, and portfolio analytics to support data-driven decision-making.
- Standardize reporting processes and quality control procedures across the asset management function.
Team Leadership & Development
- Supervise, mentor, and develop Asset Management Analysts, Senior Asset Management Analysts, and assigned transaction staff.
- Establish performance goals, accountability measures, and professional development plans.
- Review staff analyses, financial models, reports, and transaction work products.
- Promote cross-functional collaboration and continuous improvement within the department.
Strategic Process Improvement
- Develop and implement standardized policies, procedures, templates, and workflows.
- Lead initiatives to improve efficiency, consistency, scalability, and data quality.
- Oversee implementation of asset management tools, databases, reporting systems, and SharePoint resources.
- Drive adoption of best practices across the asset management and transaction functions.
Stakeholder Relations & Representation
- Represent the organization with lenders, investors, public agencies, consultants, and industry partners.
- Monitor financing programs, NOFAs, RFPs, grants, and funding opportunities.
- Support Board, executive, and committee reporting requirements.
- Build and maintain strategic relationships that support portfolio and transaction objectives.
Requirements
- Bachelor's degree in Finance, Real Estate, Business Administration, Accounting, Economics, or related field.
- Minimum 8 years of experience in real estate asset management, affordable housing, real estate finance, development, or portfolio management.
- Minimum 3 years of supervisory experience.
- Experience with refinancing, recapitalization, resyndication, rehabilitation financing, or comparable real estate transactions.
- Advanced financial modeling, underwriting, budgeting, and forecasting skills.
- Strong project management, analytical, and leadership capabilities.
- Excellent written and verbal communication skills.
Preferred Qualifications
- Experience with affordable housing finance, including LIHTC, tax-exempt bond financing, HUD programs, and public subsidy programs.
- Experience with Power BI, SharePoint, Yardi, MRI, or similar platforms.
- Master's degree in Real Estate, Finance, Business Administration, or related field.
- Professional certifications such as CPA, CFA, CHAM, or AMS.
Working Conditions
- Works in an office environment
- Works a standard workweek
- Limited travel as needed
Physical Requirements
- Sitting, standing, walking, typing, and participating in meetings
- Ability to lift up to 25 pounds occasionally
Equal Opportunity Statement
BRIDGE Housing is an Equal Opportunity Employer committed to fostering an inclusive environment for a diverse workforce.
BRIDGE Housing is an Equal Opportunity Employer committed to fostering an inclusive environment for our diverse workforce. We do not discriminate on the basis of race, religion, color, national origin, gender identity, sexual orientation, age, marital status, veteran status, or disability. Pursuant to the California Fair Chance Act, we will consider qualified applicants with arrest records.
BRIDGE qualifies the contents of all information candidates provide in their resume and any offer of employment is contingent upon (a) a criminal background check, (b) verification of all information provided, including past employment, correct hire and separation dates, education, degree, or other credentials, and (c) three satisfactory employment references.
In the case of application involves fraud or misrepresentation, BRIDGE may in its discretion rescind the job offer. Nothing in this policy changes the at-will nature of employment, and BRIDGE may withdraw an offer of employment or terminate the employment relationship at any time, with or without reason.