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Asset Manager

Company is confidential
Salary
Competitive
Employment
Full Time
Real Estate Field
Location
Chicago
 IL
Postal Code
60610
Country
United States

This job is no longer active.

Description


 

ASSET MANAGER – Chicago, IL

 

A boutique private equity firm is seeking an asset manager to oversee its multifamily operation in the greater Chicago metropolitan area. Successful candidates must have the following experience.

  • Applicant must based in Chicago or willing to relocate
  • Minimum five (5) year multifamily operational experience with an emphasis on unit upgrade programs is required.
  • Working knowledge of and past experience managing large capital expenditure programs on assets of varying ages is mandatory.
  • Verifiable experience overseeing the annual budget process produced by the third-party managers.
  • Proven ability to execute business plans and budgets to maximize asset performance.
  • Advanced understanding of the Office suite of software.
  • Thorough understanding of property management software, i.e. Yardi or Onesite.
  • Ability to produce complex analytical reviews of property and third-party performance.
  • Strong analytical skills including understanding of ROI, cash analysis and promote calculations.
  • Verbal abilities to articulate asset performance to investment partners as needed.
  • Knowledge of the due diligence process.
  • Experience with negotiation of property management and construction management agreements.
  • Ability to direct teams and ensure compliance with loan and joint venture agreements.
  • Experience managing joint venture relationships, lender relationships, and third-party vendors.
  • Knowledge of the local market and competition.

This position will report to the COO of the company based in New York City.

Compensation includes a competitive salary, health insurance, paid time off and performance bonuses. Interested candidates should provide a cover letter articulating their qualifications and salary requirements.  The successful candidate will be subject to a criminal background check.

 

Job Sector


 

Experience


5+ to 7 years


This job is no longer active.

Asset / Portfolio Management Residential Chicago Full Time IL Acquisitions, Administration, Asset Management Asset Manager other