AGPM LLC, Corporate Headquarters
Asset Management Associate
About the Company
Headquartered in Orlando, FL - AGPM, LLC is a prominent national real estate development, investment, and management company that owns and operates premier multifamily residential developments and commercial assets throughout the United States. AGPM, LLC specializes in the acquisition of general partnerships and investor limited partnership interests. As an owner/operator of premier multifamily assets and developments, AGPM, LLC is highly invested in our Team Members and the company offers a very competitive benefit and compensation package; including, but not limited to base salary + performance-based bonuses, medical, dental, vision, 401k + employer match, short term disability coverage, life insurance, and significant discounts for rental units. AGPM, LLC values work/life balance and offers a generous PTO schedule and paid company holidays.
AGPM, LLC is an equal opportunity employer. We promote an inclusive environment that celebrates diverse perspectives, backgrounds, and skills to best serve the communities in which we operate. AGPM fosters a learning community where employees are teachers and learners who share their knowledge to enhance each other’s growth within the company.
For additional information about AGPM, LLC - please visit our website at www.agpmonline.com.
Successful candidates will possess the following skills/experience:
The Asset Manager Associate position will provide front line relationship management for a specified portfolio of LIHTC projects. The position is responsible for actively managing risks, analytical problem-solving, strategic engagement with the stakeholders of their portfolio of assets with a high degree of customer service, while gathering and sharing information from a diverse array of markets and programs.
Responsibilities include, but are not limited to:
Actively identify and prioritize issues through proactive involvement and problem solving by analyzing performance data, identifying issues and their root causes through in-depth financial analysis and leveraging stakeholder relationships.
Facilitate inter-company communication between cross-functional teams and coordinate their expertise to champion issue resolution and customer requests, with a focus on adding value for both the Sponsor and Investor.
Consolidate various department’s centralized analysis to communicate an encompassing message to our stakeholders.
Proactively interact with area Originators and Underwriters to gain insights into markets, partners, the LIHTC industry and how Asset Management can add value and share expertise between departments.
Develop Specific, Measurable, Achievable, Realistic and Timely (SMART) plans to ensure issues and requests are proactively ushered towards resolution.
Conduct partner meetings with stakeholders (largely GP’s and Sponsors) to: establish relationships with key players, better understand their organizational structure, identify primary business lines and their development pipeline, inquire about market influences and lessons learned, discuss regulatory policy changes, changes in sponsor policy and procedures, and shed light on any potential issues/concern.
Conduct portfolio site visits to assess physical and compliance risks and make recommendations for improvement. Be a resource to provide thoughtful and informed recommendations based on experience, pulling in various teams/departments for participation when appropriate, and clearly understanding and articulating the benefit to the Partnership of recommendations.
Additional Knowledge, Skills and Abilities:
A broad understanding of affordable housing and ability to understand the details of, and advise others in, Low Income Housing Tax Credit program regulations.
Familiarity with various subsidy and grant. programs such as HOME, SAIL Section 8, etc.
Strong real estate financial and analytical skills, including underwriting/deal structure, comparative analysis, audit review and identification of underlying performance issues.
The ability to lead groups of diverse stakeholders (GP/PM/legal counsel/state agencies, investors) through project level discussions.
Strong negotiation skills with demonstrated ability to work through complex issues, not only understanding our goals, but also acknowledging the goals of the person with whom we are negotiating, determining their motive(s) and minimum needs, and negotiating for a win-win outcome.
Ability to work independently and multi-task with competing deadlines during peak reporting times.
Possesses critical thinking skills, offering opinions and a decisive course of action based on analysis of the fact set, drawing on internal staff across the department and/or business lines to support final recommendation.
Incumbent is expected to demonstrate strong ethics in interpersonal relations and work as an effective, collaborative team member across Asset Management and AGPM.
Benefits, Compensation, and Schedule
Job Type: Full-time
401(k) + Employer Match
Premium Dental Insurance
Premium Health Insurance
Premium Vision Insurance
Paid Time Off (25 Days)
Paid Holidays + Flex Day (7 Days)
Paid Parental Leave
Employee Loan Program
Significant Discounts on Rental Units
Monday to Friday
Supplemental Pay Types:
Bi-Annual Bonus Structure
Experience & Certifications
Industry relevant undergraduate degree and/or CPM® Certification, HCCP Certification, or other industry recognized designations/certification/license.
5+ years of real estate operations / LIHTC or other relevant industry experience.
Bachelor’s degree Required – Master’s Degree Preferred