Chicago, IL
Salary Estimate: $100,000.00 - $124,999.00
Employment Type: Full Time
Work Place: Office
Experience Required: 2+ to 5 years
Education Required: N/A
Job Description
- Lead the execution of long- and short-term property goals, across a diverse set of assets, investment types, and geographic locations.
- Produce property-level operating budgets and maintain extensive financial models in Excel and Argus to evaluate leasing and financing decisions.
- Collaborate with accounting to prepare invoices, rent statements, financial statements and ad hoc reporting tasks as requested by senior partners, investors, lenders and joint-venture partners. Coordinate with leasing brokers to source, analyze and execute lease transactions, including preparation of lease agreements, review and execution of tenant estoppels, and evaluate tenant credit.
- Engage and oversee contractors and vendors concerning service contracts, work schedules, billing and insurance. Coordinate with engineering staff and maintenance staff to ensure successful operation of office and retail properties.
- Manage relationships with tenants, lenders, brokers, property appraisers, legal counsel, real estate tax consultants, contractors, vendors and a variety of third-party consultants.
- Recommend value-creation strategies across the portfolio including leasing transactions, renovation and repositioning projects, densification and operating cost-saving measures.
- Assist in turnover and commissioning for development projects to ensure successful transition from construction to operations.
- Assist in due diligence of potential acquisitions including expense analysis, lease review and underwriting assumptions and modeling review.
- Conduct property visits on as-needed basis (<10%) for a portfolio of assets in the Northeast and/or Midwest.
- 3 to 5 years of experience in property management and/or asset management
- Proficiency in full suite of Microsoft Office products, and comfort creating presentation documents in either Word or PowerPoint. Experience with MRI a plus, but not required
- Exceptional attention to detail and ability to learn quickly
- Excellent written and verbal skills
- Ability to interact with clients and senior partners in a responsible and effective manner
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