Director, Asset Management

About the Company JPI is a leading real estate developer and builder with a 35-year track record of designing and developing communities with best‑in‑class homes and amenities. About the Job The Director, Asset Management engages across the real estate development and construction lifecycle, demanding significant technical input, decision‑making, and leadership of the Development Team. Responsibilities Oversee property build processes, including monthly funding requests and AHJ compliance requirements. Serve as construction owner’s representative. Evaluate and respond to PCO requests and RFIs requiring owner input. Coordinate outside investor approval on decisions when applicable. Own project budgets and construction finance close‑outs. Oversee LIHTC inspection and compliance requirements. Lead PSR/OAC meetings. Manage property sales, including broker selection, property marketing, buyer negotiation, and due diligence. Conduct sell/hold analysis and obtain IC approvals. Manage investor communications, including site tours and quarterly updates. Execute refinance transactions. Oversee lease‑up and leasing operations, including pricing strategy and market positioning. Select property managers (PMs) and execute PM agreements. Handle PM onboarding and pre‑lease‑up activities. Engage with AHJs for ongoing compliance of operating assets. Develop and implement asset management business plans. Handle loan conversions, cost certificates, and cost segregation reports on LIHTC deals. Other duties as assigned. Qualifications Bachelor’s Degree in Business, Finance, Urban Planning, Accounting, Real Estate, Engineering, Math or related field required. Graduate degree and/or relevant professional certifications encouraged. Demonstrated experience in entitlements, executing development opportunities, working with capital partners, market analytics, asset management, property operations, and strong negotiation skills. Minimum 8 years’ experience in real estate development, including significant multifamily development experience. Benefits Competitive Bonus Program 4 Weeks PTO for All New Associates (Pro‑Rated by Hire Date) 11 Holidays and 8 Early Release Days Medical, Dental, Vision, and Life Insurance 401(k) with Company Match (Up to 5% Match) Health Savings Account Flexible Spending Accounts (Dependent & Medical Reimbursement) Paid Parental Leave Paid Volunteer Time Tuition Assistance Phone Reimbursement Compensation Annual Base Pay Range: $180,000 - $220,000 (excluding bonuses and incentives). Base pay is determined based on experience, skills, and internal equity. #J-18808-Ljbffr