Acquisitions/Asset Manager

Job Description 

As an Acquisitions/Asset Manager at Milestone, you will play a pivotal role in all aspects of our affordable housing preservation work specifically geared toward acquisitions of existing affordable housing developments, HUD and agency loan programs and Project Based Section 8 rental assistance. You will be responsible for managing project teams, timelines, budgets, and resources to ensure projects are delivered on time, within budget, and to the highest quality standards. 

Key Responsibilities: 

• Underwriting: Analyze financial performance, projecting long-term viability, and assessing risk to ensure feasible acquisitions. 
• Market Research: Conduct detailed market and due diligence analysis including review of physical property condition, regulatory compliance, and tenant demographics to support acquisition. 
• Team Leadership: Lead and manage cross-functional teams including architects, contractors, lenders, public agencies, attorneys and property managers. 
• Financial Management: Oversee project budgets, track expenses, and manage financial performance. 
• Risk Management: Identify and mitigate potential risks and issues that may impact project timelines or budgets. 
• Quality Assurance: Ensure adherence to quality standards, building codes, and safety regulations. 
• Grow Relationships: Build and maintain strong relationships with Property Managers, consultants, and partners. 

Qualifications: 

• Bachelor's degree in Business, Economics, Urban Planning, Real Estate Development or a related field. 
• 3 years of direct experience in acquisitions and/or asset manager in multifamily real estate. This is a required experience to be considered for the position.
• Proven track record of successful project delivery including financial closings. 
• Strong leadership, communication, and organizational skills. 
• Excellent writing skills 
• A passion for creating sustainable, resilient, and inclusive communities. 
• A sense of humor
• Entrepreneurial Spirit 
• Be curious and not judgmental 

What We Offer: 

• Competitive salary and benefits package including 401(k), Medical, dental and vision insurance, education reimbursement, parental leave, sabbaticals. 
• Opportunities for professional growth and development. 
• Remote working opportunities 
• A collaborative and supportive work environment. 
• The chance to make a positive impact on the world. 

Milestone also believes in Compassionate Directness. The model is defined by empowering employees to speak up, give feedback, disagree, and surface problems, pain points and constructive criticism. And to do this immediately, continuously, and with clarity, but also to do it with compassion, empathy and understanding. Compassion and directness are not mutually exclusive — they’re independent qualities that can be nurtured. And when brought together, the sum is greater than the parts. 

Compensation: 

Anticipated Salary Range: $90,000 - $130,000, depending on experience and location. Performance-based annual or milestone bonuses and potential shares of equity may also be offered and/or earned depending on qualifications in addition to salary. 

It is the policy of the Company to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law. 

Office locations are in New York’s Hudson Valley and in New York City. 

If you are a passionate and dedicated individual who shares our commitment and values, we encourage you to apply at info@milestonecos.com with a resume and cover letter not to exceed four paragraphs.