Asset Manager

Overview

Salary Range: $ - $ Salary/year

Position Type:
Full Time

Education Level: 4 Year Degree

Travel Percentage :
Negligible

Category:
Real Estate

Location:

Skokie Home Office – Skokie, IL 60077

SCOPE: The Asset Manager will be an integral leader on the asset management team at a privately held Real Estate Investment Firm. The role is responsible for managing a large portfolio of assets, optimizing value, and streamlining operational aspects of the business. The ideal candidate will have at least 7-10 years’ proven experience in residential real estate, be individually proficient, and able to lead others.

• NOI Management.
  • Ensure NOI growth targets are met.
  • Take a lead role in annual budgeting, contract negotiation, and managing the commercial portfolio.
  • Pursue value-add opportunities for market rent, pass throughs, tax appeals, etc.
• Financial Analysis.
  • Oversee analytics and process for monthly P&L review calls.
  • Assist with watch list tracking and manage key follow up items with other departments.
• Strategic Planning.
  • Complete monthly loan maturity and debt analysis, including ad hoc analysis such as defeasance.
  • Build Pro forma, supply adjusted financials, and support throughout the financing process.
• Systems Management.
  • Administer Back Office – create reports, build modules, update policies and procedures.
  • Ensure other systems are accurate and synchronized.
• Acquisition Takeover.
  • Participate in due diligence and post-closing execution of tenant transfer, business plan execution, etc.
• Personnel.
  • Oversee analyst(s) and intern(s)
• Ad Hoc.
  • Other projects and assignments as requested.

• Bachelor’s degree in real estate, finance, economics, or similar field
• 7-10+ years of experience majority in real estate and/or Asset Management
• Highly proficient in achieving results and independently assessing opportunities.
• Demonstrated ability to lead others, meet deadlines, synthesize takeaways.
• Highest level of personal and professional integrity
• Excellent written communication skills

FLSA CLASS:
Exempt

REPORTS TO:

VP of Asset Management

SUPERVISORY RESPONSIBILITIES:

Yes

JOB CATEGORY:
Asset Management

POSITION CLASS:
Asset Manager

POSITION CODE:
ASSTMGR

COMPENSATION: $105,000 - $125,000 per year (Based on experience)

LOCATION: Skokie, IL (Home Office). Hybrid – 40% Remote and 60% Office (subject to change).

Lakeshore Management is an equal opportunity employer. Qualified applicants will receive consideration without regard to age, race, color, religion, sex, gender identity, sexual orientation, disability, national origin, or protected veteran status. Applicants are encouraged to confidentially self-identify when applying. Employment is contingent upon successful completion of background investigation. Lakeshore is a smoke-free and drug-free workplace. Pre-employment drug screening is required. No recruiters or agencies without a previously signed contract.

Only candidates whose profiles closely match requirements will be contacted during this search.

#IND