Director of Asset Management

Evergreen Real Estate Services

Director of Asset Management overseeing financial performance and property strategy for affordable housing portfolio. Collaborating with leadership and investors to drive long-term asset value.

Posted 6/30/2026full-timeChicago • Illinois • 🇺🇸 United StatesLead💰 $165,000 - $185,000 per yearWebsite

About the role

Key responsibilities & impact

Develop, maintain, and communicate asset-level business plans aligned with financial and operational goals
Monitor performance across occupancy, collections, expenses, reserves, capital needs, and compliance
Provide ownership-level insight and recommendations on portfolio strategy and asset performance
Lead portfolio reporting and present risks, opportunities, and action plans to senior leadership
Review monthly financials, variances, and reforecasts; identify trends and recommend solutions
Establish reporting processes that support decision-making without overburdening operations
Review and analyze property operating budgets, reserve levels, and capital needs to evaluate financial performance and support ownership-level asset strategy
Lead and execute financial strategy for refinancing, recapitalizations, Year 15 transitions, and dispositions
Partner closely with the Compliance team to monitor regulatory performance, identify compliance-related risks, and support resolution planning for LIHTC, HUD, and other affordable housing programs
Serve as a primary contact for investors, lenders, and financial partners post-stabilization

Requirements

What you’ll need

Bachelor’s degree in Finance, Real Estate, Business Administration, or related field required
7+ years of progressive experience in affordable housing asset management or related ownership-side roles
Strong experience with LIHTC, HUD, and affordable housing operations
Experience with financial analysis, portfolio oversight, and capital strategy
Prior leadership or department-building experience preferred
Relevant professional certifications or designations in real estate, finance, or asset management are a plus (e.g., CFA, CPA, CCIM, or similar)

Benefits

Comp & perks

Health insurance
Retirement plans
Paid time off
Flexible work arrangements
Professional development
Bonus Structure

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

Financial Performance EvaluationBudget ReviewVariance AnalysisReporting Process EstablishmentRisk Assessment

Soft Skills

LeadershipCommunicationStrategic Thinking

Certifications

CFACPACCIM