Asset Manager (214 views)

San Francisco, CA
September 24, 2018 2018-11-23
Job Description

Join our MEDA Team

At MEDA, we find meaning and fulfillment in investing in people’s lives. We work collaboratively to close the opportunity gap for low- to moderate-income Latino families in San Francisco’s Mission District by providing them access to affordable housing, career and small-business development, education and more. As MEDA continues to strengthen this community, we need more talented professionals dedicated to inspiring positive change – and driven to succeed in a fast-paced team environment. Be one of us!

Your Career Opportunity

As Asset Manager, you will be part of a dynamic team to develop and own affordable real estate for the community. You will steward real estate projects that will keep the diversity of the Mission District and San Francisco by managing housing and commercial spaces that will be affordable to low-income and specifically, Latinx households. You will monitor the operational and financial performance of the MEDA’s growing portfolio, benchmarking, investor and lender relationships and acquisition, refinancing and rehabilitation necessary to preserve the portfolio. You will work closely with the Chief Financial Officer (CFO) and Director of Community Real Estate to identify and implement long term strategies to improve property performance to meet organizational objectives for asset building, sustainability, community and economic development. As part of our Community Real Estate team, you will play a key role in reversing displacement by developing rental and ownership opportunities for both residents and businesses from the Mission and San Francisco.

This work is game-changing and will give the right candidate the opportunity to sustain strong and responsive real estate solutions to the housing crisis in San Francisco and the Bay area. Successful candidates will bring in their real estate management skills and experience and be collaborative in organizing teams with urgency.

Specifically, you will:

  • Advise operational planning of portfolio with the real estate development team.
  • Monitor and report on the operational and financial performance of the portfolio of properties relative to budgets as well as development proformas.
  • Represent MEDA’s operational interests including establishing policies for long-term management as well as monitoring joint venture portfolio partnerships.
  • Prepare financial evaluation and recommendations for any portfolio-wide initiatives including development proforma budgets, benchmarking and utility analysis. 

Your Keys to Success

To perform successfully in this role, you will need to leverage these key qualifications:

  • Bachelor’s or Master’s Degree in finance, business, accounting or related field with 2-3 years’ experience in affordable housing financing.
  • Ability to prepare real estate operational and financial performance analyses, conduct research, and prepare narrative reports and proposals.
  • Commitment to providing long-term affordable housing and to the concept of organizing low-income people to stabilize communities and create social change.
  • High degree of independence, initiative, responsibility, and capability in managing projects.
  • Proven ability to develop and maintain cooperative working relationships with project teams and people of diverse backgrounds.

Your MEDA Experience

Do meaningful work in an innovative workplace, while being challenged for your professional growth.

Joining MEDA means having meaningful experiences that develop achievers – from across the Mission neighborhood and from within our organization. We find meaning and fulfillment in our work as we see this community thrive and are driven to achieve better outcomes by challenging ourselves to innovate in our ways of working.

We offer a market-leading benefits program that reflects MEDA’s values and mission. We invest in people’s lives and support our own people’s health and financial well-being.

Our core benefits include:

  • Comprehensive medical, vision and dental insurance for employees and their dependents – 100 percent covered by MEDA
  • 401(k) Plan for employees
  • Generous paid time off — minimum of 20 days for new employees
  • Employee Assistance Program that offer free financial or legal counseling to employees or their families
  • Other forms of voluntary benefits

Apply now!

Click on the link below, including your cover letter and resume with the application form.