Asset Manager

The role

You will lead asset management for a growing portfolio of distressed real estate in New York. The portfolio covers multifamily, office, retail and mixed-use properties, including receiverships and workouts. You will own property performance, operations, reporting and asset strategy.

What you will do

• Develop and execute asset business plans for multifamily and commercial assets
• Drive portfolio performance through reporting, operations, maintenance and tenant experience
• Oversee third-party residential and commercial property managers
• Lead transitions tied to receiverships, including manager changes and onboarding
• Manage residential and commercial leasing and renewals
• Oversee rent stabilization, affordable housing and regulatory compliance
• Monitor tax abatements and burn-off timelines, including 421-a, 421-g and J-51
• Lead capital projects, including facade work, Local Law 11 and violations
• Manage receivership execution in state and federal court, including reports and accounting
• Build and audit cash flow models, budgets and forecasts

Required qualifications

• 5+ years in real estate asset management, workouts, special servicing or receiverships, across multiple asset classes
• Direct experience managing NYC rent-stabilized multifamily assets
• Direct experience managing commercial assets (office, retail or mixed-use)
• Working knowledge of affordable housing programs and regulatory compliance
• Familiarity with NYC tax abatement programs and commercial tax grievance processes
• Experience with distressed assets in receivership, pre-foreclosure or workout environments
• Comfort working in court-supervised environments and from loan and legal documents
• Experience managing construction, violations and major capital projects under oversight
• Strong real estate finance knowledge across multifamily and commercial debt
• Strong analytical and accounting skills, with advanced Excel
• High independence, sound judgment and discretion
• Collaborative style and ability to partner across teams

Nice to have

• Experience at a receiver, special servicer, restructuring firm, affordable housing operator or commercial owner-operator
• Experience with federal multifamily receiverships, Fannie Mae or Freddie Mac matters, or CMBS special servicing
• Relationships with major NYC affordable housing lenders, owners, syndicators or CMBS special servicers
• Experience with Yardi Voyager, Yardi Affordable, Yardi Commercial or RealPage OneSite Affordable
• MBA

Before you apply

• All job offers are contingent on a background check
• Proof of eligibility to work in the United States is required

About the company

Trigild has managed and operated hundreds of commercial properties over its 40-year history. It combines receivership, management and disposition services for non-performing commercial loans.