Senior Asset Manager at Morrow & Associates in Chicago, Illinois

Posted in Other about 2 hours ago.

Type: full-time





Job Description:

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.
More jobs in Chicago, Illinois

Other
6 minutes ago

ArdaghGroup
Other
6 minutes ago

ArdaghGroup
Other
about 1 hour ago

Cushman & Wakefield
More jobs in Other

Other
less than a minute ago

United Bank
Other
less than a minute ago

United Bank
Other
less than a minute ago

United Bank