Asset Manager, Construction Lending

Who We Are

Invitation Homes is a fast-paced, publicly traded REIT that is pioneering the single-family rental industry with over 80,000 homes and a market capitalization exceeding $25 billion. We are a team of more than 1,400 associates who come from all walks of life. We call different communities’ home, but our shared values bind us together. Invitation Homes is a place where possibility lives.

Job Description

The Sr. Asset Manager, Construction Lending is a newly created role responsible for overseeing structured loans on real estate assets while supporting the evaluation, execution, and delivery of construction loans for new Build-to-Rent (BTR) development projects. This role combines structured asset management, loan performance oversight, and strong working knowledge in land development and vertical residential or multifamily construction.

The position is primarily focused on comprehensive loan portfolio management, loan servicing oversight, and asset-level performance oversight across a construction lending platform. The Asset Manager will oversee our third-party servicer and assist with draw administration, covenant compliance, budget tracking, construction progress, and ongoing risk management to ensure loans perform in accordance with underwriting assumptions and credit standards. A working knowledge of site development, vertical construction, and residential building processes supports effective evaluation of project progress, cost controls, and execution risk. The Sr. Asset Manager will collaborate cross-functionally with investment, development, construction, and servicing teams to align project performance with underwriting and broader strategic objectives.

What You’ll Do

• Lead asset management activities for a portfolio of construction loans for new-build and Build-to-Rent (BTR) development projects
• Monitor asset and loan performance relative to underwriting, development budgets, and stabilized projections
• Review and approve borrower requests submitted by Servicers for Lender review and approval, including draw requests, lease approvals, and loan modifications
• Coordinate communications between multiple stakeholders including Borrowers, Sponsors, Servicers, Lender participants
• Evaluate land development and vertical construction documents, including site plans, grading plans, civil drawings, construction drawings, schedules, and contracts
• Perform site visits and inspections during underwriting, due diligence, and throughout vertical construction
• Track development and construction progress to ensure compliance with scope, budget, timeline, and Invitation Homes standards
• Analyze borrower financials, operating statements, construction budgets, and sources-and-uses schedules
• Review leases, appraisals, market studies, and third-party reports to assess asset quality and risk
• Interact directly with borrowers, developers, and builders to resolve issues and maintain asset performance
• Prepare financial, operational, and asset-level reporting for senior management, investors, auditors, and rating agencies
• Contribute to VP of Construction Lending in the areas of reporting, management presentations, and portfolio-level analyses
• Maintain weekly reporting on portfolio performance, development pipeline, and construction status
• Support ad hoc projects related to asset performance, development execution, and portfolio strategy

Who We’re Looking For

• Bachelor’s degree in Real Estate, Finance, Construction Management, Economics, or a related field
• 4+ years of experience in relevant debt asset management
• Strong working knowledge of land development and vertical residential construction processes
• Ability to interpret site development plans, construction drawings, development schedules, and budgets
• Proficiency in Microsoft Excel; experience with loan servicing systems, Trustpoint.ai, Salesforce, or development tracking tools preferred
• Strong written, verbal, and interpersonal communication skills
• Excellent organizational, time-management, and project-management abilities
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment
• Valid driver’s license and ability to travel to project sites as required

Why Invitation Homes

We stand for flexibility, opportunity, and a home that people can make their own. Just like we help our residents live freer, we liberate our associates’ careers. Invitation Homes offers competitive pay, annual bonus opportunities, generous paid time off, a 401(k) with company match, a collaborative work environment, and access to employee resource groups.

Invitation Homes isn’t just a workplace—it’s a possibility place. Pour a new foundation here.

Salary Range

The salary range for this position is: $91,950.00 - $159,380.00, plus individuals may be eligible for an annual discretionary bonus. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications, location, and applicable employment laws.

Compensation and Benefits

To attract and retain top talent, we're pleased to offer competitive compensation and benefits, including:

• Annual bonus program

• Health, dental, vision, and life insurance

• Long-term and short-term disability insurance

• Generous paid time off plans include vacation accrual, sick time, standard holidays and floating holidays

• 401(k) with company matching contributions

• Awesome work environment with casual dress

• Team events and gatherings (Pre- and Post-Covid)

Invitation Homes is an equal opportunity employer committed to fostering a diverse, inclusive and innovative environment with the best associates. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, Veteran status or any other factor protected by applicable federal, state or local law. If you have a disability or special need that requires accommodation, please contact us at humanresources@invitationhomes.com.

To all recruitment agencies: Invitation Homes does not accept agency resumes.  Please do not forward resumes to Invitation Homes employees.  Invitation Homes is not responsible for any fees related to unsolicited resumes. 

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