Berkadia

Financial Services

DevelopmentAssetManager

$115–155k ~AI est. Philadelphia, Pennsylvania, United States
The Brief

“Development Asset Manager at Berkadia. Skills: Asset management, Real estate finance, Affordable housing. Oversee performance and viability of affordable apartment investments. Analyze construction and environmental due diligence”

Industry & Context.

Financial Services
Problems you'll solve

Identify issues; Draw conclusions; Interpret results

What They're Looking For.

Must Have

3+ years of experience in a similar position

Nice to Have

Relevant experience in real estate, Multifamily affordable housing/Section 42 experience preferred, Proficiency in financial modeling, Excellent organizational skills, Excellent multitasking skills, Excellent prioritization skills, Exceptional verbal communication skills, Exceptional written communication skills

What You'll Do.

Oversee performance and viability of affordable apartment investments

Analyze construction and environmental due diligence

Monitor asset performance

Mitigate risk for projects

Analyze construction draw packages

Analyze inspection reports

Analyze lease-up data

Prepare financial analyses

Estimate capital adjustments

Estimate stabilization gaps

Evaluate financial reports

Prepare financial projections

Process partnership consent requests

Analyze partnership consent requests

Conduct physical inspections

Assess property conditions

Assess management performance

Identify distressed assets

Manage distressed assets

Develop improvement strategies

Develop workout strategies

Communicate improvement strategies

Communicate workout strategies

Support database implementation

Support database reporting functions

Ensure data integrity

Conduct pre-production testing

Collaborate with stakeholders

Ensure compliance with agreements

Resolve issues impacting asset viability

Monitor multifamily market trends

Assess industry dynamics

Assess performance of comparable properties

Generate asset performance reports

Maintain asset performance reports

How You'll Work.

Team & Collaboration

Collaborate with stakeholders; Collaborate with general partners; Collaborate with property managers; Collaborate with accountants

Communication Scope

Verbal communication; Written communication

Free ATS check

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