Asset Manager

SquareOne Villages is seeking a detail-oriented, mission-driven Asset Manager to steward the long-term health of our growing portfolio of cooperative housing communities.

About SquareOne Villages

SquareOne Villages is a community land trust based in Eugene, Oregon with a mission of creating democratic communities with homes that are permanently affordable and environmentally sustainable. Since our founding in 2012, we've established a track record of delivering innovative "outside the box" shelter and housing, and currently specialize in developing multi-family affordable housing co-ops. We envision our villages and workplace as environments in which people from all backgrounds and abilities are welcomed, included, and valued.

Description

SquareOne Villages is seeking a detail-oriented, mission-driven Asset Manager to steward the long-term health of our growing portfolio of cooperative housing communities. As a community land trust, we currently hold ground leases with 4 housing co-ops in Lane County (112 units), with another 3 co-ops (approximately 147 units) in various stages of development, and also own a handful of other properties.

Reporting to the Program Director and working closely with the Co-op Coordinator and Property Manager, the Asset Manager plays a critical role in ensuring that the housing co-ops remain financially stable, physically sound, and permanently affordable. This includes oversight of operating budgets, capital planning, replacement reserves, regulatory compliance, and risk management.

This is not a traditional asset management role. You will work directly with resident-led cooperative boards—supporting community decision-making while bringing financial rigor, clear communication, and long-term strategic thinking. Success in this role requires both technical expertise and the ability to translate complex concepts into accessible, actionable guidance for people with a wide range of backgrounds.

JOB RESPONSIBILITIES:

Financial Oversight & Performance Monitoring

• Monitor and analyze co-op financial statements, budgets, capital reserve accounts, loan compliance, and other performance metrics.
• Support development of annual operating budgets in collaboration with the co-op’s board and property manager.
• Evaluate the financial health and insurance of co-ops and recommend strategies for sustainability, improvement, and risk mitigation.

Physical Asset Management

• Oversee capital needs assessments and long-term maintenance planning in collaboration with cooperative boards and property managers.
• Monitor major repairs and capital projects to ensure alignment with reserve planning and long-term sustainability.
• Ensure appropriate and compliant use of replacement reserves and facilitate reserve disbursement approvals with lenders and agencies.
• Ensure properties remain in compliance with health, safety, accessibility, and funder requirements.
• Identify emerging physical risks and develop proactive mitigation strategies.

Cooperative Governance Support

• Collaborate with cooperative boards and SquareOne staff to present financial, capital planning, insurance, and regulatory compliance information in accessible formats.
• Build capacity of cooperative boards through training and tools related to:
  • Budgeting and cash flow
  • Replacement reserves and capital planning
  • Insurance and risk management
  • Fair housing and regulatory compliance
• Provide dashboards, templates, and decision-support tools that strengthen cooperative governance.
• Support boards in making informed decisions that balance short-term affordability with long-term sustainability.

Compliance & Reporting

• Monitor and maintain compliance with all lender, regulatory, insurance, and partnership agreements.
• Compile resident income data for support of annual tax exemption application.
• Maintain regulatory calendars and ensure timely submission of required reporting.

Lease-up & Share Transfers

• Support a comprehensive lease-up strategy for new developments in collaboration with the property manager.
• Ensure adherence to Fair Housing and Affirmative Marketing & Outreach Plans
• Manage the share transfer process at existing co-ops in communication with buyer/seller, co-op board, and share lender.
• Monitor performance of third-party revolving share loan fund.
• Ensure continuity of permanent affordability protections during resale and transfer.

QUALIFICATIONS:

• 3+ years experience in asset management, real estate, finance, community development, or other fields related to long-term management of capital assets.
• Experience facilitating or supporting boards, committees, or community groups.
• Problem solver with attention to detail, highly organized, and adaptable to shifting priorities and meeting deadlines.
• Strong financial analysis and spreadsheet management skills.
• Ability to translate technical concepts into plain language that is accessible to people of various backgrounds.
• Strong interpersonal and communication skills, including ability to work effectively with people of diverse backgrounds, bring calmness and clarity to a wide variety of situations, and maintain professionalism under pressure as a representative of SOV.
• Knowledge of and proficiency using Google cloud apps.
• Lives in Eugene/Springfield area with access to a vehicle and Oregon driver’s license and ability to travel to housing sites.
• Satisfactory reference and background check by SOV

SALARY & BENEFITS:

• Full-time position with flexible start date
• $65,000 - $78,000 depending on experience and qualifications
• Health, Dental, & Vision Insurance, Paid Time Off, 6% 401(k) employer contribution (no personal match required)

APPLY HERE

Please submit a cover letter stating your relevant skills and experience and why you are a good fit for this position, and a current resumé. A work sample demonstrating your experience relevant to this position is also encouraged but not required.

This position is open until filled. All qualified persons are encouraged to apply. If you do not meet all of the qualifications listed but still believe you would be a good fit for this position, we encourage you to apply and use your cover letter to explain how you will accomplish parts of the job where you may have less experience.

SquareOne Villages is an equal opportunity employer. All applicants will be considered for employment regardless of race, color, religion, gender, gender identity, age, national origin, disability, marital status, sexual orientation, military status, or any other characteristic protected under applicable law.

Our villages and workplace are environments where people from all backgrounds and abilities are welcomed, included, and valued. We envision our villages and workplace as culturally responsive and relevant, in which diverse peoples want to live and work, and can see themselves thriving. We choose to be an anti-racist organization where diversity, equity and inclusion are integrated into our discussions, our planning, and our policies and procedures—in all aspects of our organizational culture and infrastructure.

Health, Dental, & Vision Insurance, Paid Time Off, 6% 401(k) employer contribution (no personal match required)