Analyst or Associate, Portfolio Management

AI overview

Support the strategic performance of a 30,000-home real estate portfolio, analyzing operations and leveraging technology to enhance affordable housing initiatives.

About Lincoln Avenue Communities

Welcome to Lincoln Avenue Communities (LAC)—a leading, mission-driven real estate private equity firm dedicated to strengthening communities through the development and preservation of affordable housing.

As a vertically integrated developer, investor, and long-term operator, we deliver sustainable, high-quality homes to lower- and moderate-income individuals, seniors, and families across 32 states. Our growing portfolio—more than 180+ properties and 30,000+ homes—reflects our commitment to long-term impact, operational excellence, and resident well-being.

LAC is proud to be recognized as an industry leader, recently ranked No. 1 on Affordable Housing Finance’s 2025 AHF 50 list of top developers. Our approach combines strategic investment, thoughtful design, and community partnerships to deliver housing solutions that foster stability, opportunity, and resilience.

About This Role

Lincoln Avenue Communities is seeking a driven Portfolio Management ANALYST OR ASSOCIATE to support our affordable housing operations and help advance the strategic performance of our real estate portfolio. This role is ideal for someone who thrives in a fast-paced, mission-driven environment and is eager to build deep expertise in affordable housing finance, project management, and asset strategy.

This position is based in Santa Monica on a hybrid schedule (minimum 3 days per week in-office) and reports to the Strategic Portfolio Manager. This person is expected to travel to the New York City regional office at least once per quarter for at least one week at a time.

This role offers the opportunity to earn commission in addition to base salary. The anticipated commission structure will range between 25-50% of the base salary.

What You’ll Do

Housing Choice Voucher (HCV) Project Manager

  • Lead the implementation, oversight, and administration of all HCV tenants across LAC’s portfolio. There ~3.5K HCV tenants across more than 100+ affordable properties.
  • Further enhance existing report to ensure that portfolio optimization can be evaluated monthly.
  • Establish and maintain relationships with all Local Housing Authorities (LHAs) to ensure that all current Payment Standards are received.
  • Effectively communicate and provide oversight to the LAC asset services team and work effectively with our various property management partners to ensure adoption of LAC’s HCV policy.
  • Provide impactful results on LAC’s ability to capture HCV overhang across its portfolio, which is estimated to be $10M+ annually.
  • Calculate, manage, and adjust the LAC HCV incentive bonus program to ensure that we are aligning interesting across the organization to maximize the success of this program.
  • Collaborate with development, construction, and the lease-up team to ensure that HCV tenants are moving in at the correct rents.

Additional Responsibilities

  • Support the renewal and rent setting process on HAP and PBV contracts, including the submission process to HUD or the local housing authority.
  • Utilize AI to more effectively identify additional income opportunities across LAC’s portfolio as it relates to Section-8 rents.
  • Maintain internal LAC database that tracks rents, renewals, and contract terms utilized for a wide-array of monthly, quarterly, and annual reporting.
  • Identify new RFP opportunities to receive grant funding or new subsidized unit allocation.

Reporting & Analytics

  • Generate and distribute recurring and ad hoc reports related to affordable housing operations and Section 8 subsidies.
  • Ensure timely delivery of reports to stakeholders and resolve any technical or data issues impacting reporting.

Requirements

Your Education and Experience

  • Bachelor's degree in Finance, Real Estate, Economics, or a related field.
  • Analysts must have 1-2 years of relevant post-grad experience and Associate level candidates must have 3-4 years of relevant post-grad experience
  • Strong organizational skills with the ability to multi-task and project management autonomously.
  • Creative, entrepreneurial appraoch to problem solving.
  • Excellent written and verbal communication skills.
  • Proficiency in Microsoft Excel;experience with property management or financial software is a plus.

Benefits

What We Offer

The expected base salary for this role varies by experience and level, ranging from $75,000 for Analysts to up to $90,000 for Associates. This position is eligible for commission, with anticipated variable compensation ranging from 25–50% of base salary based on performance. As a result, target total compensation is approximately $100,000 for an Analyst and up to $130,000 for an Associate. Both the base salary and commission structure are subject to change.

To determine starting pay we carefully consider a variety of factors, including primary work location and an evaluation of a candidate’s skills, experience, market demands, and internal parity. Our comprehensive total rewards package offers more than just a salary. Benefits include:

  • Full medical, dental, and vision coverage for you and your dependents
  • 401(k) plan with employer matching and immediate vesting
  • Life and disability insurance
  • Generous PTO, holidays, and sick time

Perks & Benefits Extracted with AI

  • Health Insurance: Full medical, dental, and vision coverage for you and your dependents
  • Life & disability insurance: Life and disability insurance
  • Paid Time Off: Generous PTO, holidays, and sick time

Headquartered in Santa Monica, CA, Lincoln Avenue Communities (LAC) is a real estate private equity firm that owns, develops and invests in low-income, subsidized housing communities nationwide. We are a dynamic and entrepreneurial real estate private equity firm that strengthens communities. As a developer, investor, and operator, we provide sustainable, high-quality homes for lower- and moderate-income individuals, seniors, and families across 25 states. With a portfolio encompassing 130+ properties and 20,000+ units, we are committed to creating lasting impacts on the lives of our residents and the communities we serve.LAC has built a team with deep experience in finance, investments, and affordable housing. Through our diversity of backgrounds and experience, we have a deep commitment to ensuring the delivery of quality, stable housing communities to its residents while providing financial and social returns for its investors. Our success to date and growth ambitions offer its employees a unique value proposition: "Start-up" mindset looking to innovate across its business. High-growth company with ambitious targets to become one of the major owners of subsidized housing in the country. LAC offers career growth and wealth creation opportunities for employees, both near- and long-term. Growing organization with a meritocratic structure based on team collaboration and accountability. We move at a fast pace and offer employees opportunities to showcase their knowledge and experience in ways that add value to the company. Fun, work hard/play hard culture: the company values results first and foremost and has a strong, supportive, collaborative culture. LAC is a double-bottom-line business where each employee can make a meaningful difference in residents' lives within our communities. LAC is actively seeking team members who have rigorous institutional experience and standards but a dynamic, entrepreneurial spirit as the firm positions itself for continued growth. For more information on LAC, please visit lincolnavenue.com.

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Salary
$75,000 – $90,000 per year
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