Director of Asset Management

4 days ago Be among the first 25 applicants Get AI-powered advice on this job and more exclusive features. This range is provided by SoLa Impact. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range $125,000.00/yr - $175,000.00/yr REPORTS TO: Chief Operating Officer SALARY: $125K-$175K per year plus discretionary bonus

JOB SUMMARY

At SoLa, we don't just manage assets, we maximize impact. The Director of Asset Management is a force multiplier, blending financial precision with street-smart strategy to accelerate returns, unlock untapped value, and fuel SoLa's mission of building generational wealth in historically underserved communities. This is not an ivory tower role. You'll be boots-on-the-ground in the data, analyzing property performance, decoding cash flow patterns, and using financial storytelling to influence high-stakes decisions. From investigating margin leakage to optimizing rent strategies and CapEx deployment, your work will directly shape the trajectory of a $B+ social impact portfolio. You'll lead with numbers but move with intention, partnering with the Chief Operational Officer across Acquisitions, Development, Finance, and Property Management to connect operational realities with financial outcomes. You'll build tools, surface trends, and solve problems before they appear on a spreadsheet. And when lenders, equity partners, or consultants come calling? You'll be the one at the table, translating insight into confidence.

ABOUT THE COMPANY

SoLa Impact is an award-winning social impact, development, and investment company focused exclusively on creating high-quality affordable housing. Over the last several years, we have raised almost $500 million in equity --- allowing us to deploy well over $1.5 billion - toward addressing the housing crisis in Los Angeles and throughout Southern California. Founded with the belief that smart investment can drive socioeconomic change, SoLa Impact focuses on creating sustainable, dignified living environments that empower residents and uplift neighborhoods. Only five years after starting its first ground-up project, SoLa Impact was recognized as the 16th largest developer in the nation, and the largest developer based in California by the National Multifamily Housing Council. As part of SoLa Impact's broader mission to create social and economic opportunities, our innovative co-working and entrepreneurship hub The Beehive serves as a catalyst for change, empowering local entrepreneurs to build sustainable businesses and contribute to the revitalization of their neighborhoods. At SoLa Impact, we believe that socioeconomic advancement is a right, not a privilege, and we are committed to making this vision a reality. Join us and be part of a high-achieving team that not only focuses on building affordable housing, but creating opportunities and hope for a better future for all. REPORTS TO: Chief Operating Officer SALARY: $125K-$175K per year plus discretionary bonus

JOB SUMMARY

At SoLa, we don't just manage assets, we maximize impact. The Director of Asset Management is a force multiplier, blending financial precision with street-smart strategy to accelerate returns, unlock untapped value, and fuel SoLa's mission of building generational wealth in historically underserved communities. This is not an ivory tower role. You'll be boots-on-the-ground in the data, analyzing property performance, decoding cash flow patterns, and using financial storytelling to influence high-stakes decisions. From investigating margin leakage to optimizing rent strategies and CapEx deployment, your work will directly shape the trajectory of a $B+ social impact portfolio. You'll lead with numbers but move with intention, partnering with the Chief Operational Officer across Acquisitions, Development, Finance, and Property Management to connect operational realities with financial outcomes. You'll build tools, surface trends, and solve problems before they appear on a spreadsheet. And when lenders, equity partners, or consultants come calling? You'll be the one at the table, translating insight into confidence.

ABOUT THE COMPANY

SoLa Impact is an award-winning social impact, development, and investment company focused exclusively on creating high-quality affordable housing. Over the last several years, we have raised almost $500 million in equity --- allowing us to deploy well over $1.5 billion - toward addressing the housing crisis in Los Angeles and throughout Southern California. Founded with the belief that smart investment can drive socioeconomic change, SoLa Impact focuses on creating sustainable, dignified living environments that empower residents and uplift neighborhoods. Only five years after starting its first ground-up project, SoLa Impact was recognized as the 16th largest developer in the nation, and the largest developer based in California by the National Multifamily Housing Council. As part of SoLa Impact's broader mission to create social and economic opportunities, our innovative co-working and entrepreneurship hub The Beehive serves as a catalyst for change, empowering local entrepreneurs to build sustainable businesses and contribute to the revitalization of their neighborhoods. At SoLa Impact, we believe that socioeconomic advancement is a right, not a privilege, and we are committed to making this vision a reality. Join us and be part of a high-achieving team that not only focuses on building affordable housing, but creating opportunities and hope for a better future for all. Requirements

ESSENTIAL DUTIES

Own day-to-day asset performance, identifying, analyzing, and solving for variances, cash flow issues, and financial discrepancies Manage relationships and key metrics with CMBS and capital market partners Drive Net Operating Income (NOI) growth by proactively identifying inefficiencies, revenue opportunities, and operational improvements Develop, enhance, and manage detailed reporting models and dashboards to track asset health and performance metrics Act as the go-to financial expert for your assigned portfolio, working directly with property managers, leasing teams, and finance to align operations with financial goals Occasionally conduct property visits to gather on-the-ground insights and address specific performance issues Collaborate with internal departments including Acquisitions, Development, and Capital Markets to support lifecycle benchmarks and value creation strategies Manage and oversee capital expenditures, ensuring alignment with ROI targets and asset plans Lead key special projects related to asset optimization, refinancing, or re-forecasting

EDUCATION & EXPERIENCE

Bachelor's degree in Finance, Real Estate, Business, or related field 5-8+ years in asset management, ideally in multifamily or mixed-use portfolios Deep experience in financial analysis, forecasting, and troubleshooting discrepancies in financial statements Exceptional Excel skills; experience with Argus, Yardi, and Google Suite preferred Comfortable operating independently, focused on execution and analysis Strong understanding of real estate operations, capital planning, and budgeting Resourceful, intellectually curious, and results-driven Alignment with our mission and commitment to excellence in real estate operations

SKILLS & ABILITIES

Strong analytical skills with a sharp eye for cash flow anomalies, financial variances, and reporting inconsistencies Deep fluency in real estate financials, including NOI, IRR, rent rolls, P&L statements, T12s, and capital stack structures Skilled in building robust property- and portfolio-level models to support strategic decision-making Proficient in financial forecasting and variance analysis, with the ability to trace discrepancies to their root causes Able to distill complex financial data into actionable insights for internal stakeholders and external partners Advanced knowledge of value creation levers such as rent growth, expense optimization, and CapEx planning Experience monitoring KPIs to assess operational performance and market competitiveness Familiar with lease audits, cost recovery models, and operating expense benchmarking Proficient with asset management tools/software, including Yardi, Argus, and GSuite Collaborative and cross-functional, with experience working across Acquisitions, Development, Property Management, and Finance, as well as with lenders, escrow, and consultants Benefits At SoLa Impact, we believe work environment, culture, and the opportunity to learn and grow are key elements when considering a new job. We are just the right size to provide the resources and support you need without the bureaucracy of a large corporate environment. We foster a family-friendly and supportive workplace, collaborative and employee-focused with an emphasis on quality, integrity, trust, and accountability. We are looking to bring someone on board as soon as possible. We provide a rewarding and challenging environment. We expect a lot, but give a lot in return. Strongly prefer candidates local to Los Angeles as no relocation assistance will be provided. All qualified candidates will be contacted directly. SoLa Impact is an Equal Opportunity Employer. SoLa does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need. Seniority level Seniority level Director Employment type Employment type Full-time Job function Job function Management Referrals increase your chances of interviewing at SoLa Impact by 2x Sign in to set job alerts for “Director Asset Management” roles. Director of Capital Formation | Real Estate Los Angeles, CA $310,000.00-$830,000.00 3 weeks ago Santa Monica, CA $200,000.00-$250,000.00 6 days ago Santa Monica, CA $170,000.00-$215,000.00 5 days ago Regional Director, Wealth and Asset Management Solutions- Southern, California Pasadena, CA $170,000.00-$185,000.00 6 days ago Beverly Hills, CA $120,000.00-$175,000.00 3 days ago Director of Operations and Transformation Long Beach, CA $40,000.00-$150,000.00 3 weeks ago Paint Director of Operations: $150K-$175K Carson, CA $180,000.00-$210,000.00 1 week ago Los Angeles, CA $185,000.00-$220,000.00 6 hours ago Beverly Hills, CA $133,000.00-$155,000.00 1 week ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr SoLa Impact