Senior Asset Manager

We are hiring a Senior Asset Manager to be based in Chicago on behalf of our client, a real estate investment and development firm focused nationally on market-rate development in urban in-fill locations. The firm has 8,000 Class-A units completed or under development across nine markets with $4B in asset value. Corporate HQ are located in Chicago. This role will report directly to the CFO and assist with management of a diverse portfolio of real estate assets, including residential, commercial, self-storage and mixed-use properties.Job Description:Responsible for performing core asset management function across firm's most critical assets.Refine best in class asset management processes across entire portfolio.Work closely with development team as properties transition from construction to asset management and property management operations.Ensure assets meet financial performance goals, operation standards and regulatory requirements.Closely manage the property management team at each individual asset.Primarily an in-office work schedule (North Side) with quarterly site visits and 5% travel out of state. Majority of properties are currently in Chicago.Professional development includes plan for growth into Director of Asset Management role.Requirements:Bachelor's degree and 5-7 years of working experience.Firm understanding of traditional real estate cash flow.General understanding of development process, capital markets, design-build construction industry, and brokerage community and how these groups relate to one another.Strong self-starter with the ability to work without much daily direction who thrives in a fast paced, dynamic environment with multiple and evolving priorities and deadlines.Solid knowledge of statistics and financial analysis techniques as they apply to real estate projects, and strong working knowledge of financial transaction structures in lease, sale, and investment packaging.Proficiency in Microsoft Excel, Word, and Power Point. Proficiency with Argus, Salesforce CRM (or similar), Juniper Square and Funnel, a plus.Excel-based case study may be required.Our client is offering market-plus compensation, including base + bonus, full benefits, 401k with 4% match, PTO and opportunity for growth.

Created: 2024-11-01