Webcast: Essential Elements for Successful Asset Management of Multifamily LIHTC Properties
Essential Elements for Successful Asset Management of Multifamily LIHTC Properties - Managing Risk and Creating Value
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 2020 business plan goals include enhancing existing practices or perhaps establishing a long-overdue internal asset management function, this webcast is for you. Join seasoned real estate consultant Vinnie Viola for 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 watchlist properties to monitoring portfolio operations from 50,000 feet above sea level. Vinnie will share and describe the features and benefits of several asset management performance dashboard formats. Attendees may participate in on-screen polls and submit questions for realtime discussion.
- Defining Multifamily Asset Management
- Eleven 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 firstname.lastname@example.org.
About the Presenter
Vinnie Viola is Principal and Founder of Birch Island Real Estate Consulting, LLC. His company provides asset management consulting services and web-based and private trainings to owners, developers, operators and investors of multifamily housing funded with LIHTC equity. With over 30 years’ experience, Vinnie has worked in for-profit, government and not-for-profit organizations that 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. In these roles, Vinnie participated in hundreds of investment committee meetings for prospective tax credit investments. He proactively managed thousands of rental units in hundreds of investment partnerships, comprising over $1 billion in investor contributed equity. Vinnie currently provides consulting services in connection with NeighborWorks America’s organizational assessments of charter member organizations, focusing on profitability and production of real estate development, asset management and property management lines of business. Vinnie received his Bachelor of Arts in Geography with concentration in urban planning (magna cum laud) from the University of Massachusetts Boston and Master of Public Affairs from the University of Texas Dallas. From 2013-2017, Vinnie served on NAHB’s Housing Credit Certified Professional (HCCP) Board of Governors and chaired the board's Professional Development subcommittee.