April Housing
AVP. Asset Management (Multifamily) – April Housing
April Housing
is a leading owner and operator of high‑quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles, the company manages Blackstone’s affordable‑housing and LIHTC portfolio, overseeing more than 85,000 units in roughly 650 communities. April Housing seeks to preserve affordable stock while providing best‑in‑class management and high‑quality housing, and is committed to fairness, transparency, and responsibility.
In partnership with Blackstone and April Housing leadership, the AVP will implement strategic direction for their region and maximize the operating performance and value of the assigned portfolio.
What You Will Do Strategic Leadership
Develop and implement asset‑management strategies to maximize property performance, cash flow, and portfolio value while maintaining affordability commitments.
Prepare investment‑recommendation reports for new construction and rehabilitation, including market assessment, proposed construction scope, and operating proforma.
Portfolio Oversight
Oversee a regional portfolio of affordable‑housing properties, ensuring compliance with HUD, LIHTC, and other federal, state, and local regulations.
Monitor and analyze property‑performance metrics, including occupancy, rent collections, operating expenses, and capital needs.
Conduct regular property and market evaluations to identify opportunities for improvement or risk mitigation.
Physically inspect each property within the portfolio with regular cadence.
Financial Performance
Manage property budgets and long‑term financial planning, ensuring alignment with ownership goals.
Collaborate with property managers to optimize NOI and meet financial targets.
Oversee annual audits, financial reporting, and tax‑credit compliance submissions.
Analyze neighborhood or market conditions and trends, identifying potential impact on the existing portfolio.
Team Development and Collaboration
Partner with property‑management companies to ensure consistent execution of operational strategies.
Collaborate with Development and Acquisitions teams to ensure seamless transitions of newly acquired or developed properties into the portfolio.
Compliance and Risk Management
Identify and mitigate potential risks, including physical, financial, and regulatory challenges.
Develop and implement corrective‑action plans as needed to address performance or compliance issues.
Key Skills And Competencies
Understanding of affordable‑housing programs and compliance requirements.
Strong analytical and problem‑solving skills with a data‑driven approach.
Excellent interpersonal and communication skills to collaborate with a diverse range of stakeholders.
Strategic thinker with a proactive and results‑oriented mindset.
Ability to manage multiple priorities in a fast‑paced environment.
Qualifications
Education: Bachelor’s degree in Business Administration, Finance, Real Estate, or a related field (preferred).
Experience: Minimum 7 years in asset management, real estate, or property management, with a strong focus on affordable housing.
Demonstrated understanding of LIHTC, HUD programs, and other affordable‑housing regulations.
Strong financial acumen, including experience with financial modeling, budgeting, and reporting.
Communication: Effectively listens, confirms understanding, cooperates with teammates and provides/receives feedback with ease.
Results orientation: Works hard to ensure critical performance targets, aligns personal and team performance to deliver results, accepts feedback and pivots when needed.
Planning and alignment: Understands communication of plans, asks for clarity when needed, ensures team alignment on daily and weekly actions.
Ambiguity management: Balances listening for instruction with moving daily tasks forward.
Talent development: Works with leadership to execute individual development plans for self and others.
Resilience: Stays abreast of results, reacts with persistence, maintains a positive attitude, entertains and develops ideas to enhance results.
What We Offer At April Housing, we are committed to a singular mission: providing best‑in‑class management and high‑quality housing for residents who earn less than the area’s median income. You will be joining a dedicated team that lives this mission every day. We intend to invest over $500 million in the next decade to improve our communities while keeping rents affordable for residents.
And of course, we offer competitive pay and a full slate of benefits.
Base Compensation Range $145,000.00 – $160,000.00 annually. This represents the presently‑anticipated low and high end of the company’s base compensation range for this position. Actual base compensation range may vary based on location and experience.
Total Direct Compensation This job is also eligible for discretionary bonus and incentive compensation on an annual basis.
Benefits The company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO). Additional total direct compensation and benefits are subject to the terms and conditions of governing plans, policies, and agreements as in effect from time to time.
Please review the job applicant privacy notice here.
EEO Statement
April Housing is an equal‑opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com
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is a leading owner and operator of high‑quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles, the company manages Blackstone’s affordable‑housing and LIHTC portfolio, overseeing more than 85,000 units in roughly 650 communities. April Housing seeks to preserve affordable stock while providing best‑in‑class management and high‑quality housing, and is committed to fairness, transparency, and responsibility.
In partnership with Blackstone and April Housing leadership, the AVP will implement strategic direction for their region and maximize the operating performance and value of the assigned portfolio.
What You Will Do Strategic Leadership
Develop and implement asset‑management strategies to maximize property performance, cash flow, and portfolio value while maintaining affordability commitments.
Prepare investment‑recommendation reports for new construction and rehabilitation, including market assessment, proposed construction scope, and operating proforma.
Portfolio Oversight
Oversee a regional portfolio of affordable‑housing properties, ensuring compliance with HUD, LIHTC, and other federal, state, and local regulations.
Monitor and analyze property‑performance metrics, including occupancy, rent collections, operating expenses, and capital needs.
Conduct regular property and market evaluations to identify opportunities for improvement or risk mitigation.
Physically inspect each property within the portfolio with regular cadence.
Financial Performance
Manage property budgets and long‑term financial planning, ensuring alignment with ownership goals.
Collaborate with property managers to optimize NOI and meet financial targets.
Oversee annual audits, financial reporting, and tax‑credit compliance submissions.
Analyze neighborhood or market conditions and trends, identifying potential impact on the existing portfolio.
Team Development and Collaboration
Partner with property‑management companies to ensure consistent execution of operational strategies.
Collaborate with Development and Acquisitions teams to ensure seamless transitions of newly acquired or developed properties into the portfolio.
Compliance and Risk Management
Identify and mitigate potential risks, including physical, financial, and regulatory challenges.
Develop and implement corrective‑action plans as needed to address performance or compliance issues.
Key Skills And Competencies
Understanding of affordable‑housing programs and compliance requirements.
Strong analytical and problem‑solving skills with a data‑driven approach.
Excellent interpersonal and communication skills to collaborate with a diverse range of stakeholders.
Strategic thinker with a proactive and results‑oriented mindset.
Ability to manage multiple priorities in a fast‑paced environment.
Qualifications
Education: Bachelor’s degree in Business Administration, Finance, Real Estate, or a related field (preferred).
Experience: Minimum 7 years in asset management, real estate, or property management, with a strong focus on affordable housing.
Demonstrated understanding of LIHTC, HUD programs, and other affordable‑housing regulations.
Strong financial acumen, including experience with financial modeling, budgeting, and reporting.
Communication: Effectively listens, confirms understanding, cooperates with teammates and provides/receives feedback with ease.
Results orientation: Works hard to ensure critical performance targets, aligns personal and team performance to deliver results, accepts feedback and pivots when needed.
Planning and alignment: Understands communication of plans, asks for clarity when needed, ensures team alignment on daily and weekly actions.
Ambiguity management: Balances listening for instruction with moving daily tasks forward.
Talent development: Works with leadership to execute individual development plans for self and others.
Resilience: Stays abreast of results, reacts with persistence, maintains a positive attitude, entertains and develops ideas to enhance results.
What We Offer At April Housing, we are committed to a singular mission: providing best‑in‑class management and high‑quality housing for residents who earn less than the area’s median income. You will be joining a dedicated team that lives this mission every day. We intend to invest over $500 million in the next decade to improve our communities while keeping rents affordable for residents.
And of course, we offer competitive pay and a full slate of benefits.
Base Compensation Range $145,000.00 – $160,000.00 annually. This represents the presently‑anticipated low and high end of the company’s base compensation range for this position. Actual base compensation range may vary based on location and experience.
Total Direct Compensation This job is also eligible for discretionary bonus and incentive compensation on an annual basis.
Benefits The company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO). Additional total direct compensation and benefits are subject to the terms and conditions of governing plans, policies, and agreements as in effect from time to time.
Please review the job applicant privacy notice here.
EEO Statement
April Housing is an equal‑opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com
#J-18808-Ljbffr