VP, Asset Management - East
April Housing - Washington, DC
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At April Housing, we're building a team of bold, mission-driven professionals who are motivated by meaningful work and energized by collaboration. Our work supports a clear purpose of expanding access to high-quality housing, and each role plays an important part in advancing that mission.You'll collaborate shoulder-to-shoulder with some of the most talented experts in the industry, gaining hands-on exposure that helps you grow your skills and broaden your perspective from the day one. Our environment is dynamic, fast paced and evolving, designed to support curious, ambitious people as they take on new challenges and develop capabilities that translate throughout their careers.April Housing is a leading owner and operator of high-quality affordable housing across the United States. Founded in 2022 and headquartered in Los Angeles, we are a portfolio company of Blackstone Real Estate, supporting the affordable housing and LIHTC (Low-Income Housing Tax Credit) portfolio. Our mission is clear: preserve critical affordable housing stock while delivering exceptional management and high-quality homes to the communities we serve. We are committed to being a fair, transparent, and responsible owner.Backed by Blackstone Real Estate enabling us to invest in the creation and preservation of affordable housing for the long run. We are making a bold commitment to preserving affordable housing across the country. April Housing is dedicated to ensuring our assets aligned with high standards of excellence, including ongoing property improvements and elevated resident services.We're looking for individuals who share our commitment to excellence and believe in the impact that thoughtful, well-executed work can have on communities. If you're driven by purpose, value collaboration, and are excited to grow while contributing to something meaningful, April Housing offers a place to build experience, expand your impact, and do work that matters.We are seeking a Vice President - Regional Asset Management to join the company. While April Housing is Los Angeles-based, our Regional Asset Management offices are geographically diverse, aligning with our national portfolio. Working in partnership with Blackstone and April Housing leadership, the VP - Regional Asset Manager will assist in implementing the strategic direction for their region and will be responsible for maximizing the operating performance and value of their assigned portfolio.What you will do:Strategic Leadership:Develop and implement asset management strategies aligned with the company's mission and goals.Provide leadership and direction to property management teams, ensuring alignment with organizational objectives.Financial Oversight:Monitor and analyze financial performance of properties, including budgets, forecasts, and financial reports.Identify opportunities for revenue enhancement and cost reduction to maximize asset value.Reviewing monthly and year to date property and portfolio operating performanceRecommending methods to strategically improve portfolio performance to improve cash flow and increase valuePrepare investment recommendation reports for new construction and rehabilitation including a market assessment, proposed construction scope, and accompanying operating performancePortfolio Management:Oversee a diverse portfolio of affordable housing properties, ensuring optimal occupancy levels and tenant satisfaction.Conduct regular property inspections and performance evaluations to assess operational efficiency.Schedule and evaluate periodic compliance reviewsPhysically inspect each property within their portfolio with regular cadencePrepare periodic property management company reviews based on asset performance and in-person talent evaluationsCompliance and Risk Management:Ensure compliance with federal, state, and local regulations, as well as company policies and procedures.Implement risk management strategies to mitigate potential liabilities.Analyze neighborhood or market conditions and trends, identifying the potential impact on the existing portfolioStakeholder Engagement:Build and maintain strong relationships with key stakeholders, including, Blackstone, investors, government agencies, and community organizations.Represent the company at industry events and forums to promote its mission and objectives.Maintain effective lines of communication with all partners, management companies, and internal departmentsTeam Development:Mentor and develop property management teams, fostering a culture of excellence and accountability.Conduct performance evaluations and provide ongoing training and support.Coach, mentor, train and manage a team of AVPs, AMs and analystsReporting and Analysis:Prepare and present regular reports on portfolio performance to senior management and the board of directors.Utilize data analytics to drive decision-making and improve operational performance.What you should have:Bachelor's Degree - preferably in Real Estate or Finance9+ years of real estate experience, with a preference for multifamily asset or portfolio managementExperience in Section 42 housing preferredMicrosoft Excel proficiency requiredFinancial acumenStrong communication skillsLeadership abilityPersonal commitment to making a positive difference in affordable housingCommunicates Effectively: Communicates with direction and inspiration. Consolidates facts and opinions to deliver compelling messages to teams. Considers various points of view and collaborates with peers and partner departments to deliver resultsDrives Results: Plans workstreams in line with standards set by leadership and follows up to ensure teams are delivering to standards set. Stays abreast of current results vis a vis targets and moves team forward actively to deliver on targets. Relies on data and analytics to determine options for enhancing results.Plans and Aligns: Takes key organizational initiatives and develops detailed plans optimizing resources and time to deliver upon them. Considers budget, personnel and timing implications when delivering upon plans. Ensure all team members required have a common plan and the resources, tools and processes to ensure deliverables are metManages Ambiguity: Can comfortably manage teams through "the gray" providing guidance and indicating when a pivot is necessary. Ensures the team moves forward seamlessly even when a change of course is required. Details what is required when working with ambiguity and keeps the team focused in these timesDevelops Talent/Professional Development: Helps establish development plans for all critical talent. Is active in providing feedback of all types so that teams can become optimized, including eliminating talent that is consistently underperforming and securing, rewarding and promoting talent that is high performing and high potentialResilient: Works with the team to encourage strong performance and morale even when results are lacking. Inspires others to keep moving forward with purpose and belief in executing the strategic plan. Celebrates successes and encourages when things don't go as planned.EEO StatementThe Company is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email [email protected] Compensation Range:$180,000.00 To $200,000.00 Annually. This represents the presently-anticipated low and high end of the Company's base compensation range for this position. Actual base compensation range may vary based on various factors, including but not limited to location and experience.Total Direct Compensation: This job is also eligible for discretionary bonus and incentive compensation on an annual basis.Benefits: The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO).The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility.Please review the job applicant privacy notice here.EEO StatementApril Housing is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@
Created: 2026-04-02