Pros
The younger people in the office are nice. Two good company events during the year.
Cons
Working in LIHTC Asset Management is very administrative. This firm is stuck in the early 90's. Everything is done on actual printed paper and then re-scanned back into the computer. They use a proprietary software that is terrible. It's just a more confusing folder system to save all of their scanned in documents. All of the GP's use Yardi which is the industry standard, so it doesn't make any sense why they are trying to use their own software. There's lot's of wasted time cross checking data because half the time it was entered into the proprietary system incorrectly. Every AM team does the same things differently some make the process for simple tasks much more drawn out while other's just get too the point. There is an astronomical amount of turnover at the junior positions mostly because the pay is way below market.