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Senior Director - Real Estate Asset Management

Standard Communities

Affordable Housing Multifamily

Washington, DC

Salary Estimate: $175,000.00 - $180,000.00

Employment Type: Full Time

Work Place: Office

Experience Required: 5+ to 7 years

Education Required: 4 Year College

Benefits

Job Description

Standard Communities is seeking a Director or Senior Director of Real Estate Asset Management who will work 100% onsite in our Washington, DC office. This role is critical in overseeing the performance and operations of a portfolio of assets and will require travel up to 50% of the time, depending on property needs. The Director will serve as the primary liaison between stakeholders, including third-party property management, ensuring optimal asset performance and strategic execution across the portfolio.

Key Responsibilities

Monitor and maintain the physical integrity, safety, and market reputation of communities.
Analyze and manage property-level financials, ensuring accuracy and alignment with budgets.
Track and manage key metrics, including stabilization, DSCR, and leasing activity.
Conduct frequent physical inspections to understand community challenges and identify improvements.
Forge strong relationships with operating partners and vendors.
Develop and execute corrective action plans with property and asset management teams for underperforming assets.
Oversee implementation of capital improvement projects and major repairs.
Ensure compliance with obligations under partnership, loan, and regulatory agreements.
Coordinate communications and manage requests from investors, lenders, and stakeholders.
Collaborate with Construction Services and Acquisitions teams with project coordination.
Mentor and develop team members.

Qualifications

Bachelor’s degree in Business, Finance, Real Estate, or related field; Master’s degree a plus.
5 – 10 years of experience in affordable housing asset management.
Strong analytical, financial analysis, and problem-solving skills.
Proficiency in Microsoft Excel, Word, and Office Suite.
Strong interpersonal, written, and verbal communication skills.
Highly organized and deadline-driven with a strong sense of urgency.
Able to travel frequently, up to 50%.

About Standard Communities

Standard Communities is a leading owner, investor, and developer of affordable and middle-income housing. As one of the largest owners of affordable housing in the U.S., we believe housing is a pathway to prosperity. We deliver high-quality, sustainable homes that foster community and offer residents the opportunity to build brighter futures.

With over $5 billion in assets under management and a portfolio of more than 27,000 units across 190+ properties in 21 states + Washington, D.C., our team blends nationwide scale with local expertise. As a Certified B Corporation and California Benefit Corporation, we value high performance, social responsibility, and innovation. Headquartered in Los Angeles and New York, with offices across the country, we’re driven by a shared mission: to transform housing, empower residents, and strengthen communities. At Standard Communities, we don’t just build housing—we build opportunities. If you’re passionate about real estate, community impact, and professional growth, we’d love to hear from you.

At Standard Communities, we value urgency in execution, precision in our work, and empathy in our interactions. These core principles guide us in how we build, collaborate, and grow together.

Standard Communities is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All employment is decided on the basis of qualifications, merit, and business need.

Project Management