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Full-time
bachelor degree
401(k) with employer contribution, 100% employer paid health insurance, 100% employer paid dental insurance, 100% employer paid vision insurance, Paid time off, Professional development assistance
Posted 4d ago
~40 hrs/week
Responsibilities
The Associate Asset Manager conducts regular site visits to inspect property conditions and operational risks across a large portfolio. They also provide administrative support by reviewing financial reports, maintaining property records, and collaborating with stakeholders to ensure portfolio performance.
Requirements
Candidates should have a bachelor's degree in a related field and one to three years of experience in real estate, finance, or property management. Strong organizational skills, proficiency in Microsoft Office, and the ability to travel frequently are essential for this role.
Full job description
About FFAH
The Foundation for Affordable Housing is a 501c3 nonprofit affordable housing developer committed to creating high-quality, affordable homes across the Western United States. We develop, finance, and manage apartment communities that serve low- and moderate- income families and seniors. Our work spans predevelopment through construction close-out, and we partner with municipalities, housing authorities, investors, and lenders to bring complex deals to life.
Position Overview
The Associate Asset Manager supports the oversight and stewardship of a large affordable housing portfolio, serving as a field and administrative resource to Asset Management. The role emphasizes property inspections, clear reporting, follow-up on physical and operational issues, portfolio administration, and review of property-level financial information.
This position requires exceptional organization, attention to detail, sound judgment, and frequent independent travel. The Associate Asset Manager collaborates with Asset Managers, property management companies, ownership partners, and internal teams to help ensure properties are well maintained, operating effectively, and meeting organizational expectations.
Essential Functions
Property Inspections & Field Assessments
Conduct regular site visits across a portfolio of more than 200 affordable housing communities, inspecting building exteriors, grounds, common areas, amenities, vacant units, and representative occupied units, as appropriate.
Evaluate property condition, maintenance practices, curb appeal, deferred maintenance, capital needs, life-safety concerns, and other observable physical or operational risks.
Meet with property management and maintenance personnel to discuss operations, maintenance needs, and outstanding issues; document conditions with photographs and supporting records.
Prepare clear, consistent, and timely inspection reports; communicate findings, identify items requiring corrective action, track follow-up through resolution, and escalate significant concerns to the Asset Manager.
Portfolio, Financial & Administrative Support
Maintain accurate property files, inspection records, correspondence, reports, databases, and tracking tools; support periodic portfolio reviews, internal reporting, special projects, and portfolio initiatives.
Coordinate with property managers, partners, lenders, agencies, and internal teams to collect requested financial, operational, compliance, and property information.
Collect, organize, and track monthly, quarterly, and annual property reporting, including operating statements, budgets, balance sheets, occupancy reports, accounts receivable, and other operating information.
Review property-level financial and operating reports as requested and maintain organized records that support property and portfolio analysis.
Qualifications
Bachelor's degree in real estate, finance, business, accounting, construction, property management, or a related field preferred.
One to three years of experience in real estate, affordable housing, property management, finance, construction, or a related field preferred; affordable housing or multifamily experience is helpful but not required.
Strong organizational skills, exceptional attention to detail, and the ability to manage a high volume of properties, reports, deadlines, and follow-up items.
Ability to assess property conditions objectively, identify concerns, exercise sound judgment, and determine when escalation is appropriate.
Strong written and verbal communication skills, including the ability to produce concise, professional inspection reports and collaborate effectively with internal and external stakeholders.
Basic understanding of property-level financial statements and operating reports, with proficiency in Microsoft Excel, Word, Outlook, and related business applications.
Ability to work independently, particularly while traveling, while maintaining accountability and consistent follow-through.
Travel Requirements
Frequent travel throughout the organization's affordable housing portfolio is an essential function of this position. Travel may include multi-day trips, air and automobile travel, overnight stays, and coordination of efficient inspection routes. Travel volume may be substantial depending on the annual inspection schedule and portfolio needs. A valid driver's license and comfort traveling independently are required.
Core Competencies
Organization, prioritization, and attention to detail
Property observation, documentation, and issue identification
Professional communication and stakeholder collaboration
Financial and analytical aptitude
Independent judgment, accountability, and follow-through
Benefits
401(k) with employer contribution
100% employer paid Health, dental, and vision insurance
Paid time off
Professional development assistance
Flexible work arrangements consistent with travel requirements and departmental needs
Collaborative, mission-driven work environment
Foundation for Affordable Housing is an equal opportunity employer.
FFAH creates safe, comfortable, high-quality, affordable homes that enrich the lives of its residents and communities.
Industry
Non-profit Organization Management
Company size
11-50 employees
Founded
1988
Headquarters
Bend, Oregon
LinkedIn followers
884
Foundation for Affordable Housing creates safe, comfortable, high-quality, affordable homes that enrich the lives of its residents and add stability to the surrounding community. The Foundation has three core activities; own affordable rental housing, partner with for-profit organizations for the ownership of affordable rental housing, and to serve its properties through the provision of resident services.
“Home” is more than the roof over your head. Home is that corner of the world you can call your own – a space to find respite and to welcome your family and friends. By using creativity, flexibility, and perseverance, the Foundation has developed over 190,000 housing in 13 states.
Offices: 69 Newport Ave, Suite #200, Bend, Oregon 97703, US · 384 Forest Ave Suite 14, Laguna Beach, California 92651, US
Create safeaffordablerental homesResident ServicesAsset ManagementSecure funding for new projectsand Affordable HousingConstructionProperty DevelopmentReal Estate