Asset Manager

Under the supervision of the Deputy Director and in close partnership with the Director Property Management, the Asset Manager provides strategic leadership and oversight of ANCHOR’s real estate portfolio. This role is responsible for ensuring long-term physical, financial, and regulatory health of all properties. The Asset Manager is a key leader in guiding reinvestment strategies, supporting capital planning, optimizing asset performance, and ensuring mission alignment across the portfolio.

• Oversees asset-level and portfolio-level performance, including financial sustainability, capital needs, regulatory compliance, and mission impact.
• Demonstrated experience and understanding of first-year LIHTC delivery, lease-up, and stabilization, including coordination with property management, compliance, and finance teams to ensure successful project performance and regulatory adherence.
• Conducts regular property performance reviews (occupancy, rent collection, expenses, reserves, etc.) in coordination with the Director of Compliance and Property Management.
• Leads long-range capital planning efforts and collaborates on major renovations, refinancing, and repositioning strategies with the Director of Real Estate Development and Modernization.
• Monitors and updates physical and capital needs assessments and works with internal and external partners to prioritize and implement capital improvements.
• Provides strategic guidance to ensure compliance with affordability regulation, lender/investor requirements, and public funding regulations.
• Prepares and delivers quarterly and annual performance reports to the Executive Director.
• Analyzes opportunities for portfolio expansion, acquisition, or repositioning in service of ANCHOR’s mission.
• Supports due diligence efforts for new projects and refinancing transactions.
• Participates in budget development and capital reserve planning.
• Acts as a liaison for asset management-related matters with external partners including lenders, syndicators, regulators, and funders.
• Ensures integration between development, operations, compliance, and finance teams to maintain asset quality and mission alignment.
• Performs other related duties as assigned.

• May supervise asset management or financial analyst staff and consultants.
• Leads cross-functional teams or project-specific working groups.
• Provides coaching and leadership to promote high performance and collaboration across departments.

• Strategic Thinking - Analyzes portfolio trends and long-term needs to make informed decisions. Aligns goals with ANCHOR’s mission and future vision.
• Collaboration - Works effectively across departments. Builds strong relationships with internal teams and external stakeholders.
• Accountability - Holds self and partners accountable for asset performance and stewardship.
• Financial Acumen - Understands real estate finance and public/private funding structures. Uses data to inform capital planning and decision-making.
• Problem Solving - Navigates complex portfolio challenges with flexibility and sound judgment.
• Leadership - Inspires confidence and action. Leads through change and uncertainty with transparency.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential Asset Manager function.

• Bachelor’s degree in real estate, finance, public administration, urban planning, or related field required.
• At least 5 years of progressive experience in asset management, affordable housing, real estate finance, or related field required.
• Demonstrated experience with LIHTC, HUD programs, and public sector funding strongly preferred.
• Experience working with or in coordination with property management and real estate development teams.
• Exceptional project management, financial analysis, and communication skills.

• Strong proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
• Familia…