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Vice President - Affordable & Workforce Housing

MSB Resources

Vice President – Performance & Stabilization We are seeking a dynamic and strategic Vice President to join a rapidly growing, highly respected real estate organization. This newly created leadership role is critical to the continued success and scalability of the portfolio, serving as a right hand to senior leadership and a key driver of performance across high-priority assets. This individual will act as a rapid-response operator and strategist, taking ownership of underperforming or at-risk properties and executing targeted turnaround plans. The role is highly visible, collaborative, and impactful—focused on stabilizing operations, improving financial performance, and protecting long-term asset value. This is a unique opportunity to step into a growth-oriented organization where you are working on internally owned assets—not fee‑managed—offering greater control, alignment, and long‑term stability. What You’ll Do Asset Stabilization & Turnaround Take direct oversight of a select group of underperforming or high‑priority assets Develop and execute 30-60-90 day recovery plans with clear KPIs Drive measurable improvements in occupancy, leasing velocity, collections, and NOI Identify inefficiencies and eliminate revenue leakage Lease-Up & Occupancy Strategy Lead strategy for challenged lease-ups and sub‑stabilized communities Align pricing and positioning with market conditions and demand trends Implement targeted marketing and conversion strategies Monitor full funnel performance: traffic, applications, approvals, and move‑ins Collections & Financial Performance Improve collections and reduce delinquency exposure across assigned assets Standardize reporting, processes, and escalation protocols Partner with legal and compliance teams on effective resolution strategies Analyze trends and implement strategies to drive NOI growth Operational Leadership Conduct rapid assessments across staffing, maintenance, and leasing functions Identify leadership gaps and implement immediate solutions Support hiring, restructuring, and team development as needed Drive accountability and consistency across site and regional teams Compliance & Risk Mitigation Ensure adherence to affordable housing regulations (LIHTC, RAD, PBV) Partner with compliance teams on audits and corrective action plans Proactively identify and mitigate operational and financial risks Cross-Functional Collaboration Partner closely with Asset Management, Operations, Marketing, Compliance, and Facilities Serve as a key liaison to ownership and executive leadership Align teams around execution of recovery and performance strategies Why This Role Stands Out Newly created, high-impact position with strong executive visibility Clear path for growth and succession planning within leadership Opportunity to work across a diverse portfolio including distressed assets, stabilized communities, and new developments Work for an organization that is its own owner/operator—no third-party management instability Be part of a company with significant growth (12K+ units in pipeline in South Florida alone) What We’re Looking For Bachelor’s degree required 10+ years in multifamily property management 3–5+ years at the RVP or VP level (or fast‑tracked high performers ready to step up) Deep experience with affordable housing programs (LIHTC, RAD, PBV) Proven success in asset stabilization, lease‑ups, and operational turnarounds Strong financial acumen and data‑driven decision‑making skills Experience managing multi‑site, complex portfolios Ideal Candidate Profile A strategic thinker who can also execute decisively in the field Comfortable operating in high‑pressure, fast‑paced environments Willing to provide direct, honest feedback and challenge the status quo Experience across diverse asset types (distressed, stabilized, new construction) Deep understanding of Florida markets and regional dynamics Someone seeking long‑term growth, not a stepping stone Location & Travel Must be based in South Florida (Dade, Broward, or Palm Beach County) Ability to travel extensively throughout Florida (Orlando, Tampa, Jacksonville, Panhandle, etc.) Success Metrics Achieve stabilized occupancy within defined timelines Reach or exceed 95%+ collection rates Reduce delinquency and bad debt exposure Execute successful lease‑ups aligned with pro forma Deliver measurable NOI improvement across assigned assets Please apply today for immediate consideration or contact Aimee Long for more details! View phone number on click.appcast.io View email address on click.appcast.io This is an on-site position located in South Florida. #J-18808-Ljbffr MSB Resources

Vacancy posted 4 days ago
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