Affordable Housing Investments - Senior Asset Manager
Barings, Los Angeles, California, United States, 90079
At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.
We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.
Job Title: Affordable Housing Investments - Senior Asset Manager
Corporate Title: Director
Department: Real Estate - Affordable Housing Investments
Location: New York City or Los Angeles or Chicago
Position Description The individual will be tasked to lead asset management responsibilities for primarily multifamily properties, both debt and equity. This includes working closely with other asset managers to closely monitor and report periodically on the overall debt and equity portfolio. This individual will also work closely with the underwriting team to assist with capital calls when transactions are ready to fund and manage the assets after funding. Working closely with internal and external partners to identify issues early on and work with their manager to propose viable solutions to address identified issues, when necessary. The position will require consistency of approach to solutions and managing the portfolio in a manner that minimizes negative impacts or losses.
Primary Responsibilities
Lead asset management for a diverse national portfolio of multifamily properties, ensuring optimal performance and compliance
Asset manage LIHTC debt and equity transactions, applying deep understanding of program requirements and deal structures
Monitor and analyze assets across debt and equity portfolios, driving informed decision-making
Partner with loan servicing teams to collect and analyze property operating data
Generate annual risk ratings and other portfolio performance summary reports
Build strong relationships with external partners, developers, and operators, proactively requesting and evaluating property data to support strategic objectives
Support capital call processes, ensuring timely and accurate execution of funding requirements
Present to investment committee to communicate deal progress, surface critical issues, and support informed credit decisions
Occasional travel may be required
Requirements
8-10 years of commercial real estate debt experience in multifamily
Bachelor's Degree in Real Estate or Finance
Experience with both LIHTC debt and equity
Knowledge of affordable and workforce housing industry including LIHTC is helpful but not required
Solid understanding of Microsoft Word, PowerPoint and Excel
Experience in portfolio construction lending is a plus
Skills And Competencies
Proactive self‑starter with outstanding communication, analytical, and organizational strengths, adept at managing multiple priorities.
Excels in team‑based environments while confidently driving work forward independently in a dynamic setting.
Ability to build cohesive relationships that incorporates core values, builds trust and promotes a productive environment among teammates and within the overall Barings Real Estate platform.
Strong desire to learn and work collaboratively to help grow the Affordable Housing platform.
Base Salary Range: $155,000- $185,000 and additional incentive compensation.
Requisite Skills Affordable Housing, Asset Management, Multifamily Real Estate, Portfolio Performance Analysis, Real Estate
Additional Skills Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.
Barings Offers a Comprehensive Benefits Package Including CORE BENEFITS & WELLNESS
Medical (including Virtual Care), Prescription, Dental, and Vision Coverage
Fitness Center Reimbursement Program (Including Online Memberships)
Employee Assistance Program (EAP)
Fertility Benefits
FINANCIAL WELL-BEING
Highly competitive 401(k) Plan with Company Match
Health Savings Account (HSA) with Company Contributions
Flexible Spending Accounts (FSA) - Health Care & Dependent Care
Retirement Health Reimbursement Account
LIFE INSURANCE
Basic and Supplemental Life Insurance
Spouse and Child Life Insurance
TIME OFF, DISABILITY AND LEAVE OF ABSENCE
Paid Vacation, Sick Days and Annual Holidays
Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)
Short and Long Term Disability Plans
Paid Volunteer Time
Other Benefits
Education Assistance Program
Charitable Matching Gifts Program
Commuter Reimbursement Program
Adoption and Surrogacy Reimbursement Program
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We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.
Job Title: Affordable Housing Investments - Senior Asset Manager
Corporate Title: Director
Department: Real Estate - Affordable Housing Investments
Location: New York City or Los Angeles or Chicago
Position Description The individual will be tasked to lead asset management responsibilities for primarily multifamily properties, both debt and equity. This includes working closely with other asset managers to closely monitor and report periodically on the overall debt and equity portfolio. This individual will also work closely with the underwriting team to assist with capital calls when transactions are ready to fund and manage the assets after funding. Working closely with internal and external partners to identify issues early on and work with their manager to propose viable solutions to address identified issues, when necessary. The position will require consistency of approach to solutions and managing the portfolio in a manner that minimizes negative impacts or losses.
Primary Responsibilities
Lead asset management for a diverse national portfolio of multifamily properties, ensuring optimal performance and compliance
Asset manage LIHTC debt and equity transactions, applying deep understanding of program requirements and deal structures
Monitor and analyze assets across debt and equity portfolios, driving informed decision-making
Partner with loan servicing teams to collect and analyze property operating data
Generate annual risk ratings and other portfolio performance summary reports
Build strong relationships with external partners, developers, and operators, proactively requesting and evaluating property data to support strategic objectives
Support capital call processes, ensuring timely and accurate execution of funding requirements
Present to investment committee to communicate deal progress, surface critical issues, and support informed credit decisions
Occasional travel may be required
Requirements
8-10 years of commercial real estate debt experience in multifamily
Bachelor's Degree in Real Estate or Finance
Experience with both LIHTC debt and equity
Knowledge of affordable and workforce housing industry including LIHTC is helpful but not required
Solid understanding of Microsoft Word, PowerPoint and Excel
Experience in portfolio construction lending is a plus
Skills And Competencies
Proactive self‑starter with outstanding communication, analytical, and organizational strengths, adept at managing multiple priorities.
Excels in team‑based environments while confidently driving work forward independently in a dynamic setting.
Ability to build cohesive relationships that incorporates core values, builds trust and promotes a productive environment among teammates and within the overall Barings Real Estate platform.
Strong desire to learn and work collaboratively to help grow the Affordable Housing platform.
Base Salary Range: $155,000- $185,000 and additional incentive compensation.
Requisite Skills Affordable Housing, Asset Management, Multifamily Real Estate, Portfolio Performance Analysis, Real Estate
Additional Skills Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.
Barings Offers a Comprehensive Benefits Package Including CORE BENEFITS & WELLNESS
Medical (including Virtual Care), Prescription, Dental, and Vision Coverage
Fitness Center Reimbursement Program (Including Online Memberships)
Employee Assistance Program (EAP)
Fertility Benefits
FINANCIAL WELL-BEING
Highly competitive 401(k) Plan with Company Match
Health Savings Account (HSA) with Company Contributions
Flexible Spending Accounts (FSA) - Health Care & Dependent Care
Retirement Health Reimbursement Account
LIFE INSURANCE
Basic and Supplemental Life Insurance
Spouse and Child Life Insurance
TIME OFF, DISABILITY AND LEAVE OF ABSENCE
Paid Vacation, Sick Days and Annual Holidays
Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)
Short and Long Term Disability Plans
Paid Volunteer Time
Other Benefits
Education Assistance Program
Charitable Matching Gifts Program
Commuter Reimbursement Program
Adoption and Surrogacy Reimbursement Program
#J-18808-Ljbffr