Director of Asset Management, Real Estate Debt

Summary

Join Avenue One as a Director of Asset Management - Real Estate Debt and drive transaction execution and asset management across the land developer and homebuilder space. You will underwrite investments, structure transactions, manage assets and risks, and produce performance reports. This role requires 10+ years of experience in real estate financing or construction lending, a strong understanding of the homebuilder industry, and proven success in deal execution and asset management. The ideal candidate will have a background in homebuilder financing and familiarity with construction projects. Avenue One offers competitive compensation, comprehensive benefits, and a supportive work environment.

Requirements

• 10 years + experience in real estate financing, construction lending, or related fields
• Strong understanding of homebuilder industry dynamics, financing structures, and growth strategies
• Demonstrated experience with homebuilder finance products specifically A&D loans, landbanking transactions and/ or construction loans
• Experience executing and asset managing horizontal and/ or vertical construction projects
• Track record of successful deal execution and/ or asset management
• Bachelor's degree in Real Estate, Finance, Construction Management, or related field
• Strong financial analysis capabilities, including cash flow modeling and risk assessment
• Excellent project management skills with attention to detail
• Outstanding communication and relationship management abilities
• Ability to identify and solve problems proactively
• Ability to work in a team environment

Responsibilities

• Deal Underwriting & Transaction Structuring
• Support development of deal memos, cash flow models, and transaction timelines by collaborating with the team to underwrite investment opportunities and business plans
• Work with key third parties to coordinate market studies, cost to complete studies, appraisals, etc
• Design transaction structures, terms and key structural protections together with fee and asset management/ servicing models for the deal in partnership with the team
• Asset and Risk Management
• Establish appropriate governance structures to monitor business plan, budget and transaction progress/ timelines
• Using our construction software, review and approve draw requests, verifying completed work against disbursement requests
• Coordinate third-party site inspections and progress against plan
• Proactively identify potential schedule, budget, or execution risks
• Implement solutions to address challenges before they impact project timelines
• Portfolio Management & Reporting
• Track project performance metrics
• Produce regular performance reports for capital partners and internal stakeholders
• Document lessons learned and best practices to improve future projects

Preferred Qualifications

• Background specifically in homebuilder financing/ residential development
• Familiarity with construction projects, budgets, timelines, and cost structures for residential projects
• Knowledge of entitlement processes
• Advanced degree or professional certifications (MBA, CCIM, PMP) a plus

Benefits

• Competitive compensation
• Company-paid medical, vision, dental, and wellness benefits for employees and dependents
• Flexible vacation and sick days
• Team-oriented and supportive working environment
• Company-sponsored events and swag