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Asset Manager

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

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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 Functions


  • Acquisitions
  • Administration
  • Asset Management
 

Job Sector


  • Residential
 

Experience


5+ to 7 years


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