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Asset Management Associate
2 months ago
The Asset Management Associate will partner with internal teams and investors to support the firm's business objectives while maximizing the value of the portfolio of assets. This role will assist with asset analysis, market research, investor communications, and best-in-class reporting.
Key Responsibilities- Conduct market research and analysis, maintaining subject matter expertise on assigned submarkets
- Participate in property-level business plan development and execution, working closely with senior management to optimize the asset portfolio
- Develop forward-looking financial models, tracking performance and returns, including asset analyses, financing evaluations, and portfolio-level analyses
- Prepare high-quality reports, obtaining information from internal teams and updating applicable documents and fund models
- Assist with quarterly asset valuations and manage relationships with investors
- Coordinate with internal teams to collect and analyze information, reviewing and abstracting leases to identify key information and tenant responsibilities
- Liaise with Accounting to ensure timely payment of invoices and assist with the selection and supervision of 3rd party property management and real estate tax advisory firms
- Independently oversee and track 3rd party property manager required reporting and annual inspections
- Assist with annual utility data collection and review annual budgets with the Asset Manager, providing prior year variance comparisons and developing a strategic plan for the regional industrial portfolio
- Bachelor's degree in Finance, Accounting, Real Estate, Economics, or a related field
- Two to five years of finance, private equity, or real estate analytical experience, preferably within the industrial asset class
- Superior analytical, quantitative, writing, and technical skills, with proficiency in Excel and PowerPoint, including the ability to build and modify formulas and models
- Argus Enterprise experience is a plus
- Strong time management, organizational skills, and attention to detail
- Broad understanding of real estate and/or development
- Excellent interpersonal and communication skills, with the ability to interact positively with team members, joint venture partners, and other teams within LPC
- Intellectual curiosity, a positive attitude, and a desire for personal development
Logistics Property Company, LLC is a logistics real estate operating company and investment manager focused on the acquisition, development, and management of modern logistics properties in key North American markets. The company operates on a disciplined investment strategy, ensuring optimal outcomes for its investors, employees, communities, and environment. Headquartered in Chicago, Logistics Property Company has over 80 employees strategically located across eight markets, with a portfolio comprised of 57 buildings across 23.9 million square feet, valued at over $4.1 billion.
Our company is proud to be an equal opportunity employer, committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements, and business needs, without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status, or any other status protected by applicable local, state, and federal law.