Asset Manager

Central City Concern is an innovative nonprofit agency providing comprehensive services to single adults and families in the Portland metro area who are impacted by homelessness, poverty and addictions. We hire people that are skilled and passionate to meet our mission to end homelessness through outcome‑based strategies which support personal and community transformation.Schduele: M-F 8-4:30 PM
Salary: $75,857 - $106,204

Location:

Biltmore- 310 NW 6th Ave. Portland, OR 97209
SUMMARY

The Asset Manager works as a member of the CCC Asset Management team, overseeing the financial, physical and operational performance of the mixed‑use real estate portfolio. Reporting to the Sr. Asset Manager, the Asset Manager performs duties in alignment with the real estate mission objectives of the agency.

• Review and analyze property operating financial statements monthly.
• Prepare periodic reports analyzing replacement and operating reserve funding, financial stability over varying time frames, and progress in meeting financial performance standards.
• Review annual operating property budgets for long‑term financial sustainability and improvement strategies.
• Forecast property cash flows/needs.
• Review annual audit and tax filings and respond to questions from agencies, investors, and lenders.
• Develop and update replacement reserve analysis.
• Ensure that all properties are operating in compliance with lender, investor, and regulatory agency requirements.
• Maintain and keep updated a summary of all funders’ and investors’ project requirements, including reporting and inspection schedules.
• Contribute to and implement property turnaround/repositioning plans.
• Serve as a liaison between Housing Administration, Accounting, and Real Estate Development departments during the pre‑development, development, and lease‑up of new sites.
• Review and comment on documents related to Asset Management, such as loan agreements, limited partnership agreements, operating and other regulatory agreements.
• Assist with refinance processes, as applicable.
• Collaborate with CCC Affordable Housing and Compliance Managers for process improvements.
• Partner with and advise the Facility Management team in capital planning and improvements, reserve utilization, and repair projects.
• Other duties as assigned

• Ability to maintain accurate records and necessary paperwork.
• Strong time management, follow‑through, and organization skills in a fast‑paced environment.
• Ability to understand and analyze complex financial statements, specifically budget to actual statements, balance sheet, and trial balance, and ability to prepare multi‑year cash flow projections.
• Ability to successfully interact and communicate clearly with a wide variety of people, including clients, employers, partnering agencies, and co‑workers.
• Ability to be creative, innovative, and a progressive problem solver.
• The ability to display a non‑judgmental attitude and a willingness to learn new skills.
• Demonstrated ability to work independently and as part of a team.

• Bachelor’s degree in a relevant field of study is required.
• Minimum of three years of progressively responsible asset management experience required, preferably in affordable housing.
• Knowledge of asset management functions as well as federal, state, and local guidelines and regulations related to affordable housing is required.
• Computer proficiency (MS Word, Excel, databases, internet research); demonstrated high‑level proficiency with Excel required.
• Excellent interpersonal and business communication skills, both written and verbal, are required.
• Sensitivity to homeless people and the issues of homelessness, recovery from trauma/substance use, and the ability to work with people from diverse educational and personal backgrounds. Must have a passion for our mission and a strong desire to make a meaningful impact in a dynamic nonprofit organization.
• Work on this specific contract prohibits convictions of child or elderly abuse, offenses against persons, sexual offenses, or child neglect.
• Ability to adhere to Central City Concern’s drug‑free workplace which encourages a safe, healthy,…