Dominium - Plymouth, MN
posted 5 months ago
Dominium is helping tackle the affordable housing crisis - and we're looking for motivated candidates to join our team and help further our mission. With offices in Minneapolis, Atlanta, Dallas, and Phoenix, Dominium is one of the nation's most respected and innovative affordable housing development and management companies. We create quality, affordable homes and engage with our residents daily to create a strong sense of community and connectivity. Join us in making a difference in people's lives every day at a company where you can challenge yourself to develop both personally and professionally. The Senior Regional Asset Manager role requires strong leadership, communication, analytical, and strategic planning skills to drive the success and growth of Dominium's multifamily portfolio. As a Senior Regional Asset Manager at Dominium, you will play a pivotal role in overseeing the physical, financial, and operational aspects of a diverse portfolio of multifamily communities, encompassing both market rate and affordable housing. Your primary objective will be to maximize the long-term value of these communities. In this position, you will evaluate the physical, financial, and operational aspects of a diverse portfolio of multifamily communities consisting of market rate and affordable communities to maximize long-term value. You will communicate regularly with Property Management, Project Partners, and other stakeholders as needed to drive portfolio performance and advance portfolio goals. Additionally, you will create, analyze, and evaluate reports, data, and other information to effectively monitor portfolio goals and performance. Developing partnerships with multiple stakeholders, departments, and third-parties through clear, intelligent, and routine communications will be essential. You will ensure all reporting packages for limited partners, lenders, and others are prepared and submitted as required and in a timely manner. Your responsibilities will also include preparing action plans, reports, and other deliverables as requested by the Project Partner to address short, mid, and long-term performance. You will assist interdepartmental teams with the planning and execution of value events including acquisitions, refinancing, repositioning, resyndications, and sales within the portfolio. Ensuring adherence to proforma, as well as the quality and timeliness of stakeholder deliverables, will be critical. You will create business plans for each asset, partnering cross-functionally to ensure ownership goals are understood and met. Inspecting and reviewing the physical condition of each asset in your portfolio as scheduled, reporting results to key stakeholders, and partnering with Property Management and Ownership to drive improvements (if needed) will also be part of your role. Finally, you will act as a resource for all members of the organization on specialized areas, including partnership agreements, loan documents, tax returns, restrictive covenants, and other items as necessary, while developing plans, ideas, and strategies to drive asset performance, including the identification of additional income-generating opportunities.