Director of Asset Management

Job Description

• Embracing the CE core values.
• Knowing, aligning with and striving to achieve the purpose for which our company was established: We deliver superior value to our stakeholders by creating thriving communities that change lives.
• Participating in building a team of highly-capable and motivated members who are aligned with CEDG’s purpose and CE’s core values
• Participating in creating a positive and safe work environment in keeping with the CE core values
• Demonstrating that safety is a top priority in CE by conducting oneself in accordance with all safety directives and encouraging fellow team members to do the same
• Creating and maintaining good working relationships with Cohen-Esrey leaders and team members
• Setting a positive example by maintaining a high level of professionalism and appearance on the job and projecting this professionalism to all stakeholders
• Building stakeholder relationships that will support fulfilling current customers’ needs and requests and maximize our potential with new customers in the future
• Setting a positive example for other team members through development of projects that demonstrate the strategic direction and corporate values of the organization.

• Serving as the primary point of contact between CEDG (Cohen-Esrey Development Group) and investor and lender asset managers from property lease-up through the 15-year compliance period.
• Serving as primary point of contact between CEDG and CEC (Cohen-Esrey Communities) for property on-boarding activities including coordinating construction completion punch lists, initial marketing efforts, property decorating and furnishings, and lease-up reporting.
• Tracking deadlines associated with various operating agreement requirements.
• Providing documentation to investors and lenders required to obtain equity installments and permanent loan conversion.
• Reviewing property financial statements and making recommendations on how to improve financial performance.
• Working with property management and other stakeholders on the preparation and approval of annual property budgets and regular asset review meetings.
• Assisting the development team in the creation of accurate operating pro formas using CEC portfolio analysis and market research.
• Identifying specific populations to be served on each property.
• Identifying, engaging, and maintaining relationships with resident referral and service providers in each market we serve, creating feedback loops to track effectiveness.
• Assisting the Director of Design and Construction in the creation and maintenance of CE Design Standards and provide ongoing feedback over the 15-year compliance period on outcomes.
• Researching and making recommendations to the MD for new populations to be served and related funding sources.

• 4 year degree or (6+ years) commensurate experience, with a majority of time fulfilling a Regional Manager multi-site position.
• Willingness to travel extensively
• Ability to travel extensively to both local and nationwide locations, as necessary.
• CAM, CAPS, or CPM Certification.

• 4 year degree or (6+ years) commensurate experience, fulfilling a Property Manager position.
• 4 + years of Affordable Housing and/or Section 8 experience.