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Job description
Job Details
Relocation Offered + MUST RELOCATE TO Minneapolis/Twin Cities + Newly Created Role + Fastest-Growing Segment of the Business + Path to Team Leadership
This Jobot Job is hosted by: Chelsea Piekarski
Salary: $132,000 - $156,000 per year
About us
We are a fast-growing, multifamily real estate development, construction, and property management firm headquartered in the Twin Cities. Since our founding, we've developed billions of dollars in real estate representing thousands of homes across the Midwest, Mountain Southwest, and Sunbelt regions. We've been recognized nationally as a top workplace and rank among the top affordable housing developers and builders in the country. Our affordable housing (LIHTC) portfolio is our fastest-growing segment, and we're bringing new tax-credit properties online every year.
Why join us
Own a newly created seat built specifically around our LIHTC growth — not a backfill into someone else's shoes
Work directly with a technical, hands‑on Director of Asset Management who genuinely enjoys mentoring on the details
Real path to building and leading your own team as the portfolio scales
High-visibility role presenting portfolio performance directly to executive leadership
Entrepreneurial, low-ego culture with an "ownership mindset" at every level
Responsibilities
Develop and own asset management plans for a growing portfolio of LIHTC assets
Monitor lease‑up of LIHTC properties, ensuring adherence to proforma and compliance with applicable regulations (partnering with an internal compliance team)
Coordinate and conduct periodic site inspections, internal and third‑party
Review and approve annual operating budgets, delivered to project partners on time
Monitor financial performance of each asset against budget and proforma
Ensure projects hit key milestones — equity installments, loan earn‑outs, and tax credit testing requirements
Lead cross‑functional "critical path" meetings for underperforming assets, coordinating marketing, talent acquisition, and other stakeholders
Present portfolio condition monthly to executive and senior leadership
Partner with Capital Planning on lifecycle capital plans; flag variances during budgeting season
Support responses to governmental, equity, and lending agency inquiries
Manage property insurance for the LIHTC portfolio (placement, renewals, claims)
Become a market expert in new submarkets as the portfolio expands
Supervise financial analyst(s) as the team grows
Requirements
Bachelor's degree in commercial real estate, finance, or a related field
7+ years of experience in asset management (a mix of traditional finance and asset management experience will be considered)
Meaningful, hands‑on LIHTC (Low‑Income Housing Tax Credit) experience required, including compliance exposure
Proficient Excel skills; able to learn new systems quickly
Strong financial analysis, forecasting, and reporting skills for upper management
Demonstrated leadership ability or experience in a managerial capacity
Excellent verbal and written communication skills
Comfortable holding property management teams accountable while operating as a true partner
Fully on‑site; minimal travel (site visits as needed)
Compensation & Benefits
Pay Range: $132,000–$155,800, plus annual bonus target, plus relocation. Comprehensive benefits including medical/dental/vision, FSA/HSA, paid family leave, 401(k) with company match, 3 weeks PTO plus holidays, wellness reimbursement, and more.
Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, age (40 and over), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws. Jobot also prohibits harassment of applicants or employees based on any of these protected categories. It is Jobot’s policy to comply with all applicable federal, state and local laws respecting consideration of unemployment status in making hiring decisions.
Sometimes Jobot is required to perform background checks with your authorization. Jobot will consider qualified candidates with criminal histories in a manner consistent with any applicable federal, state, or local law regarding criminal backgrounds, including but not limited to the Los Angeles Fair Chance Initiative for Hiring and the San Francisco Fair Chance Ordinance.
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Worksite address
cleveland, OH, 44101, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.