USA Properties Fund, Inc. · 8 hours ago
Senior Manager, Asset Manager
USA Properties Fund, Inc. is seeking a Senior Asset Manager to lead strategic initiatives that enhance the financial and operational performance of a portfolio of affordable housing properties. This role focuses on improving asset performance through proactive analysis, collaborative problem-solving, and implementation of performance improvement strategies, while maintaining compliance and supporting long-term portfolio health.
Real Estate
Responsibilities
Serve as the owner’s representative for a defined portfolio, with emphasis on assets requiring enhanced performance
Monitor property financials monthly against budget; identify trends and recommend strategies to improve NOI and overall financial health
Lead development and execution of asset-level improvement plans in partnership with property management and internal teams
Oversee governance meetings for assigned assets, presenting performance updates and improvement strategies to leadership
Conduct variance analysis on income statements; identify revenue opportunities and expense efficiencies
Review loan documents and analyze terms to ensure alignment with asset strategies
Perform DSCR calculations and develop strategies to optimize debt service coverage
Partner with Construction and Corporate Accounting teams to monitor project costs, identify variances, and proactively address potential funding shortfalls to ensure financial alignment throughout development
Support capital planning and reserve funding decisions to maintain long-term asset viability
Review physical attributes and maintenance trends to identify deferred maintenance before it becomes a capital crisis
Collaborate with property management to address operational challenges, including occupancy, delinquency, and lease-up performance
Ensure compliance with LIHTC, HUD, and other affordable housing regulations in coordination with the Compliance team
Prepare and present detailed performance reports to internal leadership and external partners, as needed
Maintain accurate data in centralized systems for reporting and decision-making
Develop and manage relationships with lenders, investors, and regulatory agencies to support asset objectives
Perform additional responsibilities as assigned by your supervisor to support departmental and organizational objectives
Qualification
Required
Bachelor's degree in Finance, Business Administration, Real Estate, or related field
Minimum of 7 years in asset management or property management, with experience in affordable housing (LIHTC, HUD)
Expertise in financial modeling, cash flow analysis, and NOI optimization strategies
Proficiency in Yardi or similar ERP systems, Business Intelligence software, and advanced Excel skills
Strong analytical and problem-solving abilities
Excellent communication skills for diverse stakeholders
Ability to interpret complex agreements and financial documents
Preferred
Master's degree in Finance, Business Administration, Real Estate, or related field
Benefits
Bonus
Company
USA Properties Fund, Inc.
USA Properties Fund is an award-winning developer-builder-manager-owner of apartment communities in California and Nevada.
Funding
Current Stage
Growth StageRecent News
2025-04-02
Sacramento Business Journal
2023-10-21
2023-08-02
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