Employment

Midwest Housing Equity Group employs professionals who are passionate, skilled and knowledgeable about the affordable housing industry. A job at MHEG is more than just a job. It’s an opportunity to change lives for a better tomorrow. We value our employees and offer a comprehensive and competitive benefits packages to reflect that appreciation.

Asset Manager

SUMMARY OF DUTIES AND RESPONSIBILITIES

  • Manage and monitor real estate portfolio of approximately 35 - 45 projects from lease-up throughout the 15 year compliance period.
  • Conduct annual project site visits (internal and external inspection).
  • Identify and follow-up on problems with projects and work with general partners to help resolve issues.
  • Provide training in accounting, as needed, to partners and managers.
  • Track reserve levels and prepare and review requests for release of replacement and operating reserves.
  • Assist the CFO & DOAM with annual audit of lower/upper tier investments.
  • Assist with the preparation of quarterly investor reports.
  • Work with Asset Stabilization Manager on problem project resolution.
  • Obtain, review and input annual operating budgets of portfolio.
  • Input (Excel) and analyze (i.e.; budget comparison and watch list criteria) monthly financial reports of real estate portfolio. Assist property manager in developing ways to maximize income and control expenditures.
  • Assist partners/managers with rental analysis taking into account all sources of funding and their respective guidelines.
  • Track compliance with insurance and real estate taxes.
  • Monitor real estate taxes; direct appeals where warranted. If requested, assists with appeals process.
  • Provide assistance with data input on data base regarding relevant fund and property information on quarterly basis to expedite investor reporting.
  • Gather information as needed on investor requests.

The above job description can be changed at any time.

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Asset Manager

To be considered for any position, you must email the following items to career@mheginc.com

MHEG job application (Download Here)
Cover letter
Resume