President
Section 8 Housing & Assisted Living Portfolio
POSITION SUMMARY
We are seeking an experienced President for a strategic transition role to lead our family-owned real estate management company. This is an ideal opportunity for an executive who wants to apply their expertise to a meaningful, high-impact assignment with flexible engagement terms (2–3-year initial commitment with potential to extend).
Our portfolio includes 600 Section 8 housing units across 5 buildings, and a 60-unit assisted living facility.
KEY RESPONSIBILITIES IMMEDIATE PRIORITIES (YEAR 1)
- Lead completion of ongoing syndication - coordinate with external partners, investors, and legal counsel and ensure ongoing compliance with HUD and RIH requirements.
- Oversee Management Company financial stability
- Assess and stabilize operations including compliance, across all properties
EXECUTIVE LEADERSHIP
- Carry out the Board of Directors’ strategic vision
- Drive organizational performance
- Maintain strategic relationships with housing authorities and regulatory bodies
- Set operational standards and performance metrics across all properties
- Ensure compliance with HUD regulations, fair housing laws, and assisted living requirements
- Track and ensure compliance with deployment of HOTMA sections 102 and 104
- Oversee Director of Operations in managing 608-unit portfolio
- Oversee Controller in handling Management Company budget and finances
REAL ESTATE FINANCE & SYNDICATION
- Coordinate with external partners on refinancing negotiations with lenders
- Support syndication of new limited partnerships for building refinances
- Manage complex partnership structures and investor relations
- Position properties to maximize refinancing proceeds and investor returns
LEADERSHIP TRANSITION & MENTORSHIP
- Evaluate and develop potential internal successor(s) in management company finances and re-syndication
- Transfer knowledge of refinancing cycles and partnership structures
- Ensure smooth transition of responsibilities over 2–3-year timeframe