The Professionals’ Choice for Real Estate Jobs
  1. Home
  2. Find Jobs
  3. Asset Manager

Asset Manager

Company is confidential
Salary
Competitive
Employment
Full Time
Real Estate Field
  • Asset / Portfolio Management
Location
Glenview
Region
IL
Postal Code
60025
Country
United States

Apply Now

Description


A leading Chicago-based multifamily owner operator and fund manager specializing in nationwide investments for institutional and private investors is currently recruiting for a Multifamily Asset Manager. 

Key Responsibilities/ Duties:

Asset and Portfolio Monitoring and Optimization

Property and Portfolio Strategy

Drive the Providence investment strategy, value creation and outperformance through direct strategic and tactical oversight of property operations, leasing and capital deployment

Business Plan Execution

Develop, communicate, and effectuate the Providence annual business plans through actively coordinating property management, leasing, accounting, legal, appraisal, tax, research personnel as well as third-party consultants

Capital Improvement Oversight

Evaluate and oversee capital improvements and value add strategies, with specific knowledge in the execution of interior unit renovation plans

Asset Performance Monitoring

Measure and monitor asset performance against a variety of benchmarks including; Providence objectives, pro-forma metrics, budget and market comparables

Market Analysis

Understand current market trends related to the demographics, job growth, economic drivers and product supply that affect a portfolio and act on them

Property Inspections

Perform regular market visits and property inspections for assigned assets; frequent, independent travel required

Acquisition and Disposition Execution

Collaborate with acquisition and disposition teams throughout the life of an asset to communicate and achieve Providence investment objectives

Qualifications/Experience

Position is based in Chicago’s North Shore (Glenview)

Minimum of:

  • 5 years’ experience in an asset management capacity in the real estate industry
  • A Bachelor’s degree is required

Communications

Joint Venture Partner Relationship Management

Manage key equity joint venture partner relationships acting as the primary point of communication both internally and externally

Fund Investor Communications

Manage regular fund communications, including quarterly informational newsletters and periodic investor conference calls

Internal Communications
Facilitate and manage the flow of information between property management, acquisitions and corporate management.

Skills/Competencies

  • Candidate should be a self-starter with proven communication skills and an ability to work within a team environment.
  • Strategic thinking with an ability to execute tactically.
  • Team player who demonstrates the ability to collaborate with employees throughout all levels of the organization.
  • Experience in working with Revenue Optimization Systems (Yieldstar or LRO) is a plus

Job Functions


  • Acquisitions
  • Asset Management
  • Portfolio Management
 

Job Sector


  • Residential
 

Experience


5+ to 7 years


Apply Now
 
SelectLeaders is where real estate professionals and executives manage their careers, network and come for valuable information about their industry. © 2005 - 2018 SelectLeaders LLC