Maintain a consistent and coordinated approach to the stewardship of a very large and highly regulated affordable real estate portfolio with many complex assets. In coordination with the CEO, COO, CFO and Mercy Housing Management Group (MHMG) SVP and President, set national portfolio goals for property performance. Create a recapitalization strategy that prioritizes and directs investments in existing properties to obtain optimum financial performance to increase distributable cash. Supervise and guide team including an Asset Management Team (including affordable housing and commercial oversight and analytics), a Capital and Design Team, a Transaction Team and Environmental Sustainability Team.This role is integral to the financial and physical health of Mercy Housing’s $4.9B real estate portfolio.
The position reports to the Chief Operating Officer (COO), is eligible for a hybrid work schedule, and has supervisory responsibilities with team members spread throughout a broad geography.
Must-Haves
- 10-plus years of progressive responsibility with managing the assets of a large portfolio of affordable housing; demonstrated knowledge of and experience with federal and state housing programs, subsidies, policies, procedures, goals, objectives, operational entities, and requirements; data-informed management skills.
- Strategic, visionary, and portfolio assessment capabilities; strong business and financial acumen coupled with excellent analytical skills; intently focused on financial metrics, benchmarks, and continuous process improvement; able to bring creative and innovative solutions to complex portfolio problems and effect change in a centralized operating environment
- Strong understanding of the latest industry trends, current technologies, and best practices for both internal and outsourced approaches to asset management and property management
- High self-motivation with demonstrated skill in managing quality affordable housing environment and remain committed to making every property in the portfolio a safe, attractive, and desirable community with healthy financial performance and high levels of resident satisfaction
- Superior leadership and managerial skills; ability to recruit, motivate, inspire, and coach a highly motivated and competent staff asset management team; results and accountability driven, able to mobilize people to superior performance and be a valuable resource to company leaders
- Politically savvy, with superior presentation, public speaking, interpersonal, relationship management, persuasiveness, negotiation, diplomacy, influencing, and listening skills
Who We Are
Mercy Housing is redefining affordable, low-income housing. We’re a national nonprofit organization that is working to build a more humane world where communities are healthy, and all people can develop their full potential.
Mercy Housing is one of the nation’s largest affordable housing organizations. We participate in the development, preservation, management and/or financing of affordable, program-enriched housing across the country. We acquire and renovate existing housing, as well as develop new affordable rental properties.
What We Do
Mission Values: At Mercy Housing we believe that business and mission are not competing values. Employees are expected to contribute to a mission and values centered culture. Employees are expected to articulate and incorporate the mission and core values of Respect, Justice and Mercy into their day-to-day work, as well as demonstrate commitment to issues of racial equity, diversity, and inclusion. We are more effective when diverse groups of people, including residents, feel valued, respected, and included.