Senior Associate, Portfolio Asset Management

REPORTS TO: Chief Operating Officer

SALARY: $140K-$180K per year plus discretionary bonus

M-F: IN-OFFICE REQUIRED

JOB SUMMARY

If you are motivated by building value, not just maintaining it, this role offers the platform, exposure, and responsibility to do exactly that. The Senior Associate, Asset Management sits at the center of SoLa Impact’s investment engine, owning asset performance from strategy to execution across a growing multifamily portfolio. This role is built for a decisive, analytically elite operator who thrives on accountability, complexity, and results. Success in this role requires sharp judgment, technical depth, and the ability to lead cross-functional teams across Acquisitions, Property Management, Construction, Leasing, Accounting, and Capital Markets.

ABOUT THE COMPANY

SoLa Impact is an award-winning social impact, development, and investment company focused exclusively on creating high-quality affordable housing. Over the last several years, we have raised almost $500 million in equity --- allowing us to deploy well over $1.5 billion – toward addressing the housing crisis in Los Angeles and throughout Southern California. Founded with the belief that smart investment can drive socioeconomic change, SoLa Impact focuses on creating sustainable, dignified living environments that empower residents and uplift neighborhoods. Only five years after starting its first ground-up project, SoLa Impact was recognized as the 16th largest developer in the nation, and the largest developer based in California by the National Multifamily Housing Council. 

As part of SoLa Impact's broader mission to create social and economic opportunities, our innovative co-working and entrepreneurship hub The Beehive serves as a catalyst for change, empowering local entrepreneurs to build sustainable businesses and contribute to the revitalization of their neighborhoods. At SoLa Impact, we believe that socioeconomic advancement is a right, not a privilege, and we are committed to making this vision a reality. Join us and be part of a high-achieving team that not only focuses on building affordable housing, but creating opportunities and hope for a better future for all.

Requirements

ESSENTIAL DUTIES

Asset Strategy & Business Plan Execution

• Execute and refine asset-level strategies to maximize value, cash flow, and risk-adjusted returns.
• Drive disciplined execution of business plans, including value-add initiatives and asset repositioning.
• Evaluate market conditions and exit options; recommend refinancing, recapitalization, or disposition strategies.

Financial Oversight & Analysis

• Own asset-level financial models, underwriting assumptions, and valuation analyses.
• Lead budgeting and long-range capital planning; assess performance against underwriting and investor targets.
• Analyze operating results, identify variances, and implement corrective or value-enhancing actions.
• Produce cash flow forecasts, capital deployment analyses, and distribution projections.

Portfolio & Operational Management

• Provide strategic oversight of property operations in partnership with Property Management, Leasing, and Construction.
• Oversee capital improvement programs, construction execution, and major leasing initiatives.
• Assess asset condition and operational discipline to ensure alignment with business plans

Investor, Stakeholder & Reporting

• Prepare and present asset- and fund-level reporting to leadership, investment committees, and investors.
• Address investor and lender inquiries with clear, data-driven insights.
• Ensure compliance with joint venture agreements, loan covenants, and investment structures.

Transactions & Lifecycle Management

• Support acquisitions through underwriting review, diligence, and capital plan evaluation.
• Partner on financing, refinancing, and disposition execution.
• Coordinate with legal, accounting, and capital partners across the full investment lifecycle.

Leadership & Cross-Functional Collaboration

• Provide leadership and oversight to analysts and junior team members.
• Partner cross-functionally to align asset execution with organizational objectives.
• Champion data-driven decisi