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About the Role
Enterprise scales housing affordability solutions for millions of people, investing in creating or preserving homes. Join us to unlock access to quality, affordable housing across the country.
Responsibilities
- Manage a real estate portfolio of approximately 15-20 restricted affordable and unrestricted workforce housing properties.
- Identify, communicate, and mitigate risks and problems through reporting, partner communication, and site visits.
- Review, analyze, and evaluate monthly property performance against proforma and budget, providing feedback to partners and internal teams.
- Collaborate with partners, funders, and regulatory agencies to execute business plans and modify them as needed.
- Negotiate problem resolution and workout strategies with partners, lenders, and public-sector entities.
- Conduct project site visits, review property management and organizational systems, and provide technical assistance.
- Evaluate past and forecast future property performance, as well as the performance of sponsors and management agents.
- Author disposition memos and refinance analyses for review and approval.
- Support portfolio implementation of strategic plans, ESG priorities, and fund-specific business plans.
- Develop communication strategies with common partners in coordination with regional asset management teams.
- Interface regularly with Vice President Asset Management for project performance reporting and internal/external reporting requirements.
- Provide input to the underwriting team on deal structuring and asset management issues during team meetings.
- Interface quarterly with internal Investment Committee and external Advisory Committee, assisting with meeting materials and presenting portfolio updates.
- Track insurance renewals, real estate tax payments and appeals, and monitor market conditions.
- Complete internal and external reports accurately and meet all deadlines.
- Interact with Enterprise staff to provide accurate and timely information.
Requirements
- 5-7+ years of experience in real estate, housing programs, finance, accounting, law, and/or property management.
- Strong financial analysis skills.
- Familiarity with loan documents, partnership agreements, contracts, and other legal documents.
- Knowledge of real estate and LIHTC.
- Strong computer skills, including thorough knowledge of MS Word, MS Excel, and MS Outlook.
- Ability to adjust quickly to changing priorities and circumstances.
- Ability to work evening and weekend hours during peak periods.
- Strong organizational skills and ability to coordinate complex activities, prioritize conflicting demands, and meet deadlines.
- Highly motivated.
- Ability to work independently with minimal supervision.
- Strong interpersonal skills for working with diverse personnel.
- Strong problem-solving and negotiating skills.
- Strong written and oral communication skills.
- Ability to travel as necessary.
- Demonstrated strong ethics and ability to work as an effective, collaborative team member.
- Ability to work under stress/pressure.
- Ability to travel up to 25% of the time.
- Ability to climb stairs offsite at project sites.
- Valid driver's license required.
Skills
- Financial analysis
- MS Word
- MS Excel
- MS Outlook
- Problem solving
- Negotiating
- Written communication
- Oral communication
- Organizational skills
- Interpersonal skills
Location
- Offices across the country
Work Type
- Full-time
Experience Level
- 5-7+ years
Education Level
- Bachelor's degree required, preferably in real estate, finance, accounting or related field.
Salary/Compensations
- $100,000 - $120,000
Benefits
- Annual performance bonuses
- Generous paid leave programs
- Dental care plans
- Health care plans
- Vision care plans
- Family-building benefits (adoption and surrogacy support)
- Health advocacy
- Employee Assistance Program (EAP)
- Mental health benefits
- Financial education
- Wellness programs
- 401(k) plan with employer matching contributions
- Learning and development opportunities
- Tuition reimbursement for job-related courses and certifications
About the Company
- Enterprise scales housing affordability solutions for millions of people.
- For more than 40 years, Enterprise has championed big ideas that create more housing opportunity for everyone.
- Enterprise has invested more than $92 billion to create or preserve more than 1 million homes.
- Enterprise's greatest strength is bringing together the right partners, capital, and capabilities to help what's working reach more communities, faster.
- Enterprise is a place where you can collaborate with smart minds and big hearts in the field.
- Enterprise empowers employees to drive systems change and take bold steps to advance racial equity.
- Enterprise offers a career home where employees are valued and supported in their growth journey.