Director of Asset Management

Homeowner's Rehab, Inc. (HRI) seeks an experienced and talented Director of Asset Management to lead our robust asset management program. They will succeed our current Director of Asset Management, who plans to retire in late 2026. HRI is an established and well-regarded nonprofit community development corporation located in Cambridge, MA. Since 1972, our mission has been to address the civic and social challenges facing low-income urban residents, with a particular focus in the City of Cambridge. From its inception, housing development and the preservation of low- and moderate-income households have been central to the organization’s work. We have built and preserved nearly 1,700 units of high quality, energy-efficient affordable housing, as well as more than 55,000 square feet of commercial space. We currently own and operate nearly 1,700 apartment homes, primarily located in Cambridge. Currently, HRI has 29 new affordable apartment homes under construction, 95 awaiting financing, 167 awaiting recapitalization/renovation, and a new site in early predevelopment, all in Cambridge. Our portfolio includes historic and new construction properties, ranging in size from 3 to 300 units, all-affordable and mixed income developments, and housing for families and elders as well as dedicated supportive housing. HRI’s rental portfolio is managed by Wingate Management. The Director of Asset Management will oversee HRI's diverse and complex portfolio of multifamily housing and commercial properties. This individual will ensure that HRI's properties remain high-quality, well-performing assets through the hands-on oversight of our third-party property management company. They will also ensure that HRI's portfolio remains financially sustainable. They will collaborate with others on staff to effectively operate and preserve our residential communities for low- and moderate-income households. HRI's Director of Asset Management will possess the strategic leadership and technical expertise needed to maintain and enhance the portfolio's strong operating performance. They will foster a collaborative, team-oriented approach to problem-solving, while bringing extensive knowledge of real estate finance, property management, affordable housing regulations, and asset management best practices. They will demonstrate experience using asset management software and financial reporting systems to support informed decision-making. HRI is an Equal Opportunity and Affiliated Action Employer. We encourage applications from candidates from diverse backgrounds and #J-18808-Ljbffr Shelterforce Magazine