Asset Manager

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.

Schedule : 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.

Essential Duties And Responsibilities :

• Review and analyze property operating financial statements monthly.
• Prepare periodic reports analyzing replacement and operating reserve funding, financial stability over varying timeframes, 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

Skills And Abilities :

Minimum Qualifications :

Benefits :

Central City Concern offers incredible benefits to our employees. We offer an extensive total rewards package that includes base wages, medical, dental, vision, and voluntary plans. Central City Concern also takes employees' financial wellness into consideration and provides a rich retirement match.

This description is intended to provide a snapshot of the work performed and is not designed to contain a comprehensive inventory of all duties, responsibilities, and qualifications required of the position.

As an agency deeply rooted in recovery, part of our policy and commitment to a drug and alcohol-free workplace includes post-offer, pre-employment drug screens. Please note we follow Federal Guidelines regarding prohibited substances, even for those legal at the state level.

Central City Concern is a second-chance employer and complies with applicable laws regarding the consideration of criminal background for employment purposes. Government regulations, contractual requirements, or the duties of this job may require CCC to conduct a background check and take appropriate action to address prior criminal convictions.