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Tax Credit Industry
Asset Manager

OUR CLIENT
  • Rapidly growing Tax Credit Syndicator with a national presence
  • Nationally recognized Institutional Investment Management firm focused on Federal and State Tax Credit investments
  • Supportive, collaborative, and friendly culture
  • Lean, growing team of professionals who are willing to help and teach
  • Offers the opportunity to increase your knowledge and get more involved in the beautification of historic landmarks
  • 30+ years of experience and success
 
THE OPPORTUNITY
Rapidly growing National Tax Credit Syndicator (Historic & Renewable) is adding a new Asset Manager to their team. This individual will be responsible for managing Historic Tax Credit (Real Estate) investments. This team has had more than $5B in equity invested in the Tax Credit marketplace since its inception. This is the opportunity to work in a supportive and collaborative environment surrounded by a team of sharp, successful professionals who enjoy mentoring and sharing their knowledge and experience.
 
ESSENTIAL RESPONSIBILITIES
  • A successful Asset Manager will be organized and efficient and able to apply critical thinking and independent judgment to solve complex problems
  • Take a proactive role in managing workload by prioritizing a wide variety of tasks in a fast-paced environment
  • Demonstrate prior asset management experience with different asset uses (i.e., multifamily, commercial/retail, hospitality)
  • Quickly adopt an understanding of the Tax Credit industry and its general guidelines
  • Interpret, filter, and present large amounts of information to different partners in a professional, concise, and clear format
  • Exercise strong oral and written communication skills as well as intermediate to advanced Excel skills
  • Monitor the historic rehabilitation of Tax Credit investments and report construction issues to management and investors
  • Manage the funding process of Historic Tax Credit investments, including proactively tracking the conditions for capital contributions
  • Work with Real Estate Developers to obtain operational performance data for their projects; prepare quarterly and annual investor reports
  • Track legal documentation with attorneys, investors, and management
  • Verify compliance with partnership and operating agreements as well as loan agreements
  • Identify and manage potential issues that could result in lower-than-projected project performance or the recapture of Tax Credits and develop potential solutions with management
  • Participate in investor communications with the ability to prepare written material and lead conference calls
  • Review and manage the drawing process for bridge (construction) loans
  • Establish and maintain a good working relationship with all owners, managers, and other partners
  • Cultivate an inclusive stakeholder process; develop and maintain relationships across the firm
 
OUR FIRM
KM Partners’ national Executive Search and Professional Recruitment practice areas focus on high-growth, impact-investment-oriented businesses across relevant industries, including Investment Management, Real Estate, Clean Energy, Sustainable Infrastructure, and related Business and Professional Services. With a core focus in Tax Credits (LIHTC, NMTC, Historical, & Renewable), Multifamily, Affordable and Senior Housing, we partner with clients and place industry-specific professionals throughout the United States. We represent C-level Executive Leadership, Middle Management, and experienced Associates across industry professions.
If qualified, please contact:
Kelly Erbe | Director
303.495.2109 | kellye@kmcompanies.com