Essential Elements for Successful Asset Management of Multifamily LIHTC Properties - Managing Risk and Creating Value
Duration:
1 hour 30 minutes
Location
Online
Description
About This Training
Asset management of multifamily affordable housing is an essential and critical, but sometimes underappreciated or simply undeveloped, function within multifamily developer organizations. Many owners and operators recognize that while asset management and property management share some common objectives, the two functions focus on rental housing through different lenses. If your organization’s 2021-22 business plan includes enhancing existing practices or perhaps establishing a long-overdue internal asset management function, this webcast is for you.
Seasoned asset manager Vinnie Viola presents a 90-minute webcast that examines essential multifamily asset management functions and best practices that help owners and other stakeholders manage risk and create bottom line value. Topics range from reasons to get into the weeds with certain watch list properties to monitoring portfolio operations from 50,000 feet above sea level. Vinnie will also share and describe the features and benefits of several asset management performance dashboard formats.
Agenda
- Defining Multifamily Asset Management
- Essential Components of a Robust Asset Management Function
- Multifamily Portfolio Performance At-a-Glance
Contact Vinnie with any questions about this training or your registration at (617) 905-6340 or vinnie@birchislandrec.com.
About the Presenter
Vinnie Viola, HCCP, MPA, is principal of Birch Island Real Estate Consulting, LLC. Formed in 2013, BIREC provides consulting services and trainings to owners, developers, operators and investors of multifamily affordable. With over 30-years of broad experience, Vinnie has worked in for-profit, government and not-for-profit organizations that own, invest in, manage and regulate affordable housing. His career includes ten years in various leadership roles at Boston Financial Investment Management and Boston Capital, through which he gained expertise with asset management best practices and IRS' Section 42 (Low-Income Housing Tax Credit (LIHTC) program. He has asset managed thousands of rental units in hundreds of investment partnerships, comprising over $1 billion in investor contributed equity. He currently also serves as Director of Asset Management at Madison Park Development Corporation located in Nubian Square, Boston. Vinnie earned a BA in Geography from the University of Massachusetts, Boston and an MPA from the University of Texas, Dallas. He also earned a certificate in real estate finance from Boston University’s Metropolitan College.
Registration fee
$109