Real Estate Asset Manager

Full position profile and application at: https://armstrongmcguire.applytojob.com/apply/etKChxZJv4/Real-Estate-Asset-Manager-DHIC

Our Vision 

We envision a housing ecosystem that provides and promotes equity, generational wealth, health and wellness for the communities in which we work.

Our Mission 

DHIC supports individuals, families, and seniors by providing homes and opportunities that promote the financial, physical, and mental well‐being of people and communities.

About DHIC 

Established in 1974, DHIC, Inc. is the Research Triangle area’s leader in affordable housing development, maintaining an emphasis on innovation, quality, attractive design, and green features at our properties. DHIC has constructed, acquired and/or rehabilitated 3,112 affordable rental units in 46 different locations in eight counties in North Carolina, and has built more than 400 new homes for first time homebuyers in Wake County. Together, these projects leveraged $627 million in direct investment from both the private and public sectors. In addition to numerous designs, community service, and management recognitions we have received, DHIC is consistently rated as an “Exemplary” member of the NeighborWorks® America national network of non-profit community developers. DHIC is also a member of the Housing Partnership Network. Learn more about DHIC at www.dhic.org.

The Opportunity and Nature of Work 

The Asset Manager is responsible for the long‐term viability of properties owned and operated by DHIC and its affiliates. This work involves participation in portfolio preservation efforts for aging multifamily housing assets and will require strong working knowledge in recapitalization/refinance strategies, physical needs assessments, preliminary scope of work/cost estimates, forecasting of operating expense and revenue projection at stabilized operations. Candidate will work independently or alongside Project Management, Finance, Resident Services and Property Management as part of rehab due diligence, including onsite communication with general contractor and residents involving in‐place rehab or temporary relocation as part of affordable housing preservation rehab strategy.

This individual reports to the Director of Asset Management and works directly with the property management companies of DHIC to ensure the efficient management of the operations of the properties. The Asset Manager is also responsible for external relationships on behalf of the organization and represents the owner/managing member in communications regarding the management or operation of the properties.