Vice President / Senior VP of Property Management & Operations | LIHTC & Afforda

KM Partners has been retained by the Executive Leadership team of a growing and highly reputable, vertically integrated Affordable Housing Developer/Owner/Operator in the search for an executive-level Head of Property Management & Operations. They are looking for an experienced leader with a strong operational and financial acumen who can handle meaningful capacity and strategically navigate competing priorities while mentoring team members.

Our Client

This organization is one of the highest quality Developers and Operators in the Affordable Housing/LITHC industry—hands down.

We’ve already placed multiple professionals with this organization across their Asset Management, Development and Property Management teams throughout the last several years. Our client’s Development team has numerous active development projects currently in progress. They are known for many of their large, noteworthy projects. They can take down multiple deals simultaneously. The Development team partners closely with the Property Operations team. They are achieving thoughtful, intentional and strategic growth. Leadership is passionate about training and teaching, they are well capitalized, and their compensation package is very competitive.

• Excellent reputation in our industry
• Fun, collaborative, supportive, and team-oriented culture and work environment
• Vertically integrated with decades of strong leadership and success in our industry – continuously learning, evolving and growing
• Low turnover and strong tenure with an employee-centric approach dedicated to training, mentorship, and professional development
• Leadership team strives to promote from within, and they value diversity
• Mission driven, striving to put their residents first
• 75+ Assets (6,500+ units) Under Management with a robust pipeline of new projects
• Leadership cares deeply about their employees and residents and are passionate about their mission to build and operate great communities
• Intimate, family-company-feel by knowing their employees as people and are able to mentor and inspire them to grow in their professional development and career, maintain a great work/life balance, and create ideas and plans to further the company’s vision and strategic management.

Management & Operations Leadership Opportunity

A highly reputable and successful Affordable Housing Real Estate Development and Management company is seeking to hire a strategic, financially driven leader in the Property Management & Operations field. A hands-on, entrepreneurial approach is essential to optimizing operations, managing risk, and maximizing cash flow, all while maintaining the organization’s strong reputation as a leader in the Affordable Housing industry and its commitment to excellence and people.

• Supervise and mentor high-performing Management team members and key department heads
• Make strategic decisions on policies and procedures in collaboration with teams to ensure alignment with the company’s goals, mission, and vision, that impact employees, residents, and operations, while ensuring compliance with affordable housing laws
• Inspire an energized and collaborative supervisory leadership group where great relationships, professional growth, and the enjoyment of working alongside exceptional leaders are intentionally cultivated
• Identify, understand and mitigate risks associated with high-risk populations in partnership with management team and legal consultants
• Proactively address issues to minimize public or financial impacts on ownership
• Act as a key public representative, protecting reputation and fostering strong relationships
• Cultivate and maintain a strong network of industry peers to drive collaboration
• Stay ahead of industry trends, business developments, compliance regulations
• Demonstrate a genuine passion for affordable housing and an interest in actively engaging in leadership roles within industry working groups, associations, or boards to contribute to the growth of the industry and foster meaningful collaboration
• Oversee strategic risk management initiatives, partnering with insurance brokers on high-risk claims and renewals
• Represent the company in high-stakes negotiations and collaborate with external consultants
• Partner with Property Management teams to proactively and strategically address complex, escalated legal, operational, employee, and resident matters, ensuring efficient resolution and risk mitigation for critical issues that require higher-level attention
• Active role in development projects and rehabilitation
• Evaluate and analyze potential business opportunities, weighing risks and benefits to align with the company’s growth strategy with the executive team
• Collaborate with Head of Development to optimize development budgets, lease-ups, and partnership structures
• Support the execution of long-term development and acquisition strategies with an entrepreneurial yet risk-conscious approach.

Our Firm

KM Partners is the only Executive Search & Professional Recruitment Firm in the U.S. dedicated to Multifamily Affordable and Senior Housing, Tax Credits as well as Impact-Investing, Sustainable Infrastructure and Corporate Sustainability across industries respecting responsible capitalism. We partner with clients throughout the United States and place industry-specific professionals across occupations including C-level executives, middle management, and experienced associates.

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