Portfolio Manager – Downtown Portland (Affordable)

Portland, OR | Full-Time | $70,000–$95,000 + Bonus

Arboreal Management is looking for an exceptional affordable housing Property Manager to lead Westshore, a newly acquired 121-unit affordable community in Portland that we will be renovating and restoring.

This isn't a caretaker role.

We're looking for someone who knows affordable housing, takes ownership of property performance, and wants the opportunity to grow into a larger leadership position as our Portland portfolio expands.

Arboreal is the property management company of Great Expectations, a fast-growing owner and developer of affordable and workforce housing across the Pacific Northwest. Because we both own and manage properties, our managers work directly with the people making investment, renovation, financing, and operating decisions. Good ideas can turn into action quickly.

For the right person, Westshore is the starting point—not the ceiling.

You will be the leader of Westshore and accountable for the overall performance of the property.

That means balancing three things exceptionally well: residents, compliance, and financial performance.

You'll be responsible for:

• Owning property performance. Know your occupancy, collections, leasing pipeline, expenses, work orders, inspections, compliance status, and budget—and take action when something isn't where it should be.

• Running excellent affordable housing operations. Manage LIHTC and HUD requirements confidently, including certifications, recertifications, income and asset verification, file quality, rent limits, inspections, and audit readiness.

• Leading the onsite team. Set clear expectations, coach your team, solve problems, and create a culture where people take ownership of their work.

• Supporting our renovations. Working with our construction team to bring the property back to a first-class position in the downtown affordable housing landscape

• Driving occupancy and collections. Keep the property full, minimize vacancy loss, manage delinquency aggressively and professionally, and make sure leasing and renewals don't fall through the cracks.

• Delivering a great resident experience. Communicate clearly, handle difficult situations professionally, and make sure residents live in a property that is safe, clean, and well cared for.

• Partnering with maintenance. Stay on top of work orders, unit turns, preventative maintenance, vendor performance, and property condition.

• Managing the numbers. Review financial results, understand variances, control expenses, and help build and execute the property's annual operating plan.

• Being ready for scrutiny. Maintain excellent files and operating practices so that agency reviews, lender inspections, investor reviews, and compliance audits aren't fire drills.

• Improving the property. We want managers who notice problems, propose solutions, and follow through—not people who wait for corporate to tell them what to do.

Affordable housing experience matters for this role.

Our ideal candidate has:

• 3+ years of residential property management experience

• Meaningful hands-on LIHTC and/or HUD affordable housing experience

• Strong knowledge of certifications, recertifications, resident files, income calculations, and affordable housing compliance

• Experience managing a team and holding people accountable

• Strong understanding of occupancy, delinquency, budgeting, expenses, and property financial performance

• Excellent organizational and communication skills

• The confidence to make decisions and solve problems without waiting to be told what to do

• High standards for property condition, resident service, and compliance

Affordable housing certifications such as HCCP, SHCM, COS, or equivalent are a plus, but demonstrated expertise matters more to us than letters after your name.

We're growing, and we're specifically interested in finding someone who can grow with us.

Do an exceptional job at Westshore and we want to give you more responsibility. That could mean helping onboard future acquisitions, mentoring other property managers, managing multiple communities, or moving into Area or Regional leadership.

We don't believe strong property managers should have to leave the company to get their next opportunity.

We're growing. Our portfolio has expanded rapidly, and we expect affordable housing to be a major part of our continued growth.

We're owners as well as managers. You'll have direct access to decision-makers and a much clearer connection between your work and the property's long-term success.

We invest in technology. We're building our own operating systems and using data and automation to eliminate administrative busywork and give property teams better tools.

We care about performance. Mission matters, but affordable housing only works when properties are well run. We expect our managers to understand both the residents and the numbers.

We promote people who take ownership. If you're capable of more, we want to find out—and give you the opportunity to prove it.

Base salary: $70,000–$95,000, depending on experience and affordable housing expertise, plus performance-based bonus opportunity.

We also offer a competitive benefits package and significant opportunity for advancement as our Portland affordable housing portfolio grows.

If you're already an excellent LIHTC/HUD Property Manager and want a bigger runway—or you're an experienced affordable housing operator ready to prove you can become a regional leader—we'd like to meet you.

Arboreal Management is an equal opportunity employer. We use E-Verify to confirm employment eligibility and conduct background checks after a conditional offer of employment. We encourage qualified applicants from a wide range of professional and personal backgrounds to apply.