Director, Asset Management

Based in Chicago and reporting to the separate account portfolio managers, the Director will have responsibility over all strategic, transactional, and operations issues for a to-be-determined portfolio of primarily office and industrial assets located across the United States.

• Provide strategic, investment, and analytical direction and oversight to regional partners, third party service providers, and internal company personnel in creating and executing asset and portfolio plans
• Continuously keep senior management, clients, and investors aware and up to date on evolving strategies and results
• Managing and holding accountable regional partner relationships at both the development and operating levels is key
• Oversee the budget process for all assets under their management
• Provide high quality lender and investor reporting
• Monitor the overall performance of assigned properties against plan and budget
• Set, evolve, and execute redevelopment, leasing, and sale plans and direct all aspects of relationships with regional partners and providers of third party services including property management
• Create strategic plans for each asset depending on the property’s individual requirements including valuations, cash flow projections, review and approval of annual operating and capital budgets
• Plan for and anticipate the cash flow needs for the assets as well as the underlying investors, monitor cash in/out of property accounts, and oversee all draw disbursements
• Support the execution of acquisitions, financings, and refinancings as required
• Work closely with leasing staff, regional partners, and third-party contractors to structure, negotiate, review and execute leases within portfolio of assets

All job offers are contingent on completion of a background check and proof of eligibility to work in the United States.

Qualified professionals will have a minimum of seven to ten years of demonstrable success in the management of a portfolio of complex, diverse commercial real estate, including office, industrial, multifamily, and medical office. Additional experience in asset/portfolio reporting is strongly desired.

• Aggressively and proactively predict and respond to dynamic market conditions
• A collaborative team player exceling in a professional environment characterized by empowered decision-making authority and a flat organizational structure
• Ability to effectively manage less experienced analyst and associate staff to optimize work production while providing a mentoring relationship
• Unquestionable integrity and a strong work ethic
• Be conversant with industry trends and competitor firms
• Proven experience successfully creating value at all phases of a property’s life cycle, from acquisition through disposition is essential
• Proven track record of success and leadership, with past accomplishments clearly demonstrating a creative hands-on approach to, and understanding of, operations, leasing, development, capital markets, financing, marketing, investment, and ownership issues in managing challenging, “value-add” real estate properties
• Strong computer skills including Excel, Word, and ARGUS
• A bachelor’s degree is required
• Excellent oral and written communication skills
• Good interpersonal instincts with the ability to constructively reconcile differences in a positive manner
• Aptitude in reviewing and understanding sophisticated financial statements, leases and loan documents
• Ability to positively impact such factors in continually meeting and exceeding ambitious investment/return performance objectives