Job summary
Job post source
This job is directly from Gilbane Development Company as indicated by the detailed company-specific information and the explicit note rejecting unsolicited agency resumes.
Job overview
The Director of Asset Management at Gilbane Development leads asset management efforts for affordable housing in the New York region, overseeing a team and managing key properties to maximize portfolio value and impact.
Responsibilities and impact
The role involves leading and mentoring a team of Asset Managers, monitoring financial and operational performance of properties, ensuring regulatory compliance, maintaining stakeholder relationships, and participating in strategic planning for portfolio growth.
Compensation and benefits
Salary ranges from $225,000 to $300,000 depending on qualifications, with benefits including health insurance, retirement plans, profit-sharing, and access to Gilbane University for training.
Experience and skills
Candidates need a Bachelor's or Master's in relevant fields and at least 7 years of real estate development experience; skills include multifamily transaction expertise, affordable housing finance knowledge, strong financial analysis, and communication abilities.
Career development
Gilbane invests in employee education through Gilbane University, offering strong professional growth and training opportunities within the construction and development industry.
Work environment and culture
Gilbane promotes a collaborative team culture focused on excellence, diversity, and equal opportunity, with a commitment to affordable housing and employee development.
Company information
Gilbane Development is a leading affordable and mixed-income housing developer in the NYC area with a significant pipeline and a focus on sustainable housing solutions.
Team overview
The Director reports to the Head of Asset Management and leads a team of Asset Managers, fostering collaboration and professional growth within the team.
Job location and travel
The position is based in the New York metropolitan area, focusing on local development and asset management within this region.
Application process
Applicants must pass a pre-employment substance abuse test; unsolicited agency resumes are not accepted and will not be compensated.
Unique job features
This role uniquely combines leadership, strategic planning, and hands-on asset management in affordable housing, with a focus on multifamily development transactions and regulatory compliance.
Company overview
Gilbane Development Company is a privately held real estate development and investment firm that operates as part of the larger Gilbane family of companies, which also includes Gilbane Building Company. The firm specializes in developing, financing, and managing a diverse portfolio of projects including multifamily housing, student housing, mixed-use developments, and public-private partnerships across the United States. Gilbane Development generates revenue by acquiring, developing, and managing real estate assets, often working with institutional investors, government entities, and private partners. Founded in 1970 as an extension of the Gilbane construction legacy that dates back to 1873, the company is known for its long-standing reputation, commitment to sustainable development, and focus on community impact. Candidates should be aware of its strong emphasis on collaboration, innovation, and ethical business practices within the real estate sector.
How to land this job
Position your resume to highlight leadership in asset management, focusing on your experience leading teams and driving financial performance in affordable housing portfolios.
Emphasize your expertise with affordable housing finance structures like LIHTC and Section 8, as well as your skills in budgeting, variance analysis, and regulatory compliance.
Apply through Gilbane Development’s corporate career page, LinkedIn, and other real estate job boards to maximize application visibility.
Connect on LinkedIn with current Asset Management leaders at Gilbane Development; use ice breakers like commenting on recent affordable housing projects Gilbane has completed or asking about their approach to portfolio optimization.
Optimize your resume for ATS by including keywords such as 'asset management,' 'affordable housing,' 'LIHTC,' 'financial reporting,' and 'multifamily development transactions' directly from the job description.
Utilize Jennie Johnson’s Power Apply feature to automate tailoring your resume, identifying multiple application sites, and networking opportunities, freeing you to focus on interview preparation and career strategy.
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