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Senior Asset Management Director

2 months ago

Chicago, Illinois, United States Selby Jennings Full time

**About the Role**

We are seeking an experienced Senior Asset Management Director to lead and optimize the performance of our multifamily asset portfolio at Selby Jennings. This role involves developing asset-specific business plans, driving financial performance, and identifying opportunities for value enhancement across the entire multifamily portfolio.

**Key Responsibilities**

  • **Portfolio Management**: Develop and recommend asset strategies (hold, sell, refinance), execute annual business plans, and report on market trends and performance.
  • **Operational Management**: Collaborate on budgeting, conduct site visits, optimize leasing and expense strategies, and oversee new project launches and marketing.
  • **Disposition and Refinancing**: Manage processes including BOV solicitation, negotiations, due diligence, and closing.
  • **Reporting and Compliance**: Communicate budgets and strategies, analyze financial performance, manage cash flow, and ensure compliance with equity and loan documents.

**Requirements**

  • **Experience**: 8+ years in asset management with expertise in asset development, re-positioning, and dispositions.
  • **Education**: Bachelor's degree in Real Estate, Finance, Business, or related field.
  • **Skills**: Strong financial analysis, communication, and mathematical skills; experience with revenue management software.
  • **Attributes**: Self-motivated, able to work independently and in teams, and effective under tight deadlines. Experience with multifamily or mixed-use assets is a plus.