Regional Asset Manager
Not Disclosed•Full-TimeRemote
location_onLeafy Pass, Groves, Orchard Hills, Irvine, Orange County, California, 92602, United States
About the Company
WNC is an established, dynamic, and rapidly growing real estate investment company that has provided affordable housing nationally since 1971. The organization is dedicated to ensuring the long-term viability of Low-Income Housing Tax Credit (LIHTC) assets and delivering appropriate tax credit benefits to communities.
About the Role
The Asset Manager serves as a relationship manager and problem solver for a portfolio of approximately 65 LIHTC multi-family properties. Reporting to the Regional Team Leader and Vice President of Asset Management, this role is critical for overseeing both stabilized and structured assets (SAG). The position bridges the gap between the company, local general partners, investors, and property managers to maximize total return and ensure regulatory compliance.
In this capacity, you will manage the cyclical reporting accountabilities and ongoing operational oversight of the portfolio. Your day-to-day involves conducting financial analysis, scheduling site visits, and collaborating with third-party property managers to direct business plans, budgets, and forecasts. You will work to enhance WNC's relationships with local general partners and investors while navigating asset management concerns from initial stabilization through the life of the lower-tier partnership.
Work Environment
This position offers the flexibility to work remotely. While the role is based within the company, you are not required to be located at the home office or one of WNC's satellite offices.
Equal Opportunity Employer
WNC is an equal opportunity employer committed to building a diverse and inclusive workforce.
Work location
Work model: Remote
Leafy Pass, Groves, Orchard Hills, Irvine, Orange County, California, 92602, United States
Irvine, California
Key Responsibilities
- check_circleOversee a portfolio of approximately 65 LIHTC properties
- check_circleReview partnership agreements and financing documents for enforceability
- check_circleResolve issues through collaboration with general partners and lenders
- check_circleForecast benefit streams for lower tier partnerships
- check_circleManage collection of asset management fees and cash flow distributions
- check_circleProcess investor capital calls and lower tier capital contributions
- check_circleDevelop and distribute periodic asset management reports to investors
- check_circleAnalyze financial performance, monitor budgets, and review occupancy levels
- check_circleConduct annual site visits and track outsourced property inspections
- check_circleCollaborate with property managers to oversee business plans and budgets
- check_circleMonitor LIHTC compliance and assess risk factors quarterly
- check_circleMonitor reserve balances and oversee requests for reserve releases
Similar Job Opportunities
Assistant Property Manager-Leasing Specialist
JCMLiving • Metuchen, New Jersey
Not Disclosedarrow_forward
Project Architect III - Affordable Housing
NAC • Firestone Park, California
Not Disclosedarrow_forward
Regional Property Manager
Kimmel & Associates • City of Rochester, New York
$150k-165karrow_forward
Frequently asked questions about Regional Asset Manager at WNC & Associates
What does a Regional Asset Manager at WNC & Associates do?expand_more
A Regional Asset Manager at WNC & Associates is responsible for the following: Oversee a portfolio of approximately 65 LIHTC properties; Review partnership agreements and financing documents for enforceability; Resolve issues through collaboration with general partners and lenders; and Forecast benefit streams for lower tier partnerships.
Where is the Regional Asset Manager role at WNC & Associates located?expand_more
Regional Asset Manager at WNC & Associates is based in Leafy Pass, Groves, Orchard Hills, Irvine, Orange County, California, 92602, United States. This is a remote role.
Is this Regional Asset Manager job remote, hybrid, or on-site?expand_more
WNC & Associates has listed this Regional Asset Manager role as remote.
How much experience is required for this Regional Asset Manager role?expand_more
Candidates for Regional Asset Manager at WNC & Associates should have mid level.
What category does the Regional Asset Manager role belong to?expand_more
Regional Asset Manager at WNC & Associates is part of the property job category on Recrutus.
About WNC & Associates
WNC & Associates is a financial services firm based in Irvine, California, specializing in the affordable housing sector. Established in 1971, the company has built a reputation for pioneering initiatives in tax credit syndication, community preservation services, and private equity fund management. These core competencies allow the organization to support developers, non-profits, and investors seeking viable housing solutions across the United States.
With over five decades of operational history, WNC & Associates has developed deep expertise in navigating complex regulatory environments and structuring capital for community-focused projects. The firm's long-standing presence in the industry reflects a commitment to sustainable development and financial stability for its clients. By leveraging its extensive experience, the company continues to facilitate access to capital for affordable housing initiatives, ensuring that essential community resources remain available to those who need them most.
Browse more roles: All WNC & Associates jobs, property jobs on Recrutus.