Affordable Housing and Services Collaborative, Inc. (AHSC), a nonprofit organization that owns and develops affordable rental communities, is pleased to announce Rosario Montero as asset manager.
Her responsibilities in this newly created position include protecting and enhancing the value and cashflow of the properties, monitoring the physical condition of the organization’s portfolio, reviewing and analyzing monthly reports and financial statements, ensuring that lenders and investors receive reports in a timely manner, reviewing operations with property managers and developing action plans, and participating in the budget process for each property.
Previously, Ms. Montero served for the last 17 years as vice president at Charter Capital Management, Inc. a Boston-based real estate investment company that invests in U.S. real estate primarily for shareholders in the Middle East. In this role she directed asset management activities for a portfolio of properties along the eastern United States, mainly comprised of apartments and office properties. Prior to this experience, Ms. Montero worked in the Real Estate Department of United Gulf Management, Inc., a U.S. subsidiary of KIPCO, a publicly traded Kuwaiti investment company.
Originally from Uruguay, Ms. Montero holds a Bachelor of Science in business administration degree from Emmanuel College. She is bilingual.
“We are very excited to welcome Rosario to our team, and to serve as our first asset manager,” said Michael J. Mattos, president and executive director of AHSC. “Her strong track record of acquiring, developing, repositioning, managing and selling real estate properties is a great resource for our organization.”
About Affordable Housing and Services Collaborative, Inc. (AHSC)
Affordable Housing and Services Collaborative, Inc. (AHSC; www.ahscinc.org) is a 501c3 nonprofit organization founded in 2001 to develop affordable housing, as well as to promote and enhance the quality of life for residents of affordable housing. AHSC works with its strategic partners to establish a leadership role in the preservation and creation of affordable rental communities.
For the past 22 years, AHSC has been involved in many complex affordable housing developments involving new construction, historic adaptive reuse, and occupied rehabilitation. Throughout its history, the organization has been involved with 30 projects, which have helped to keep over 2,500 units affordable, as well as helped create 179 new supportive housing units within four communities for formerly homeless veterans.
Affordable Housing and Services Collaborative, Inc. is located at 536 Granite Street, Third Floor, Braintree, MA 02184. For more information, please call 781-794-1095 or visit www.ahscinc.org.
