VP of Preservation Acquisitions and Asset Management

9 hours ago

Chicago, Illinois, United States HHDC Full time
Job Description

Job Summary

The VP of Preservation Acquisitions and Asset Management is responsible for providing strategic direction for the acquisition of preservation properties to further the long-term goals of the organization. This role involves researching opportunities to acquisitions, evaluating risk and reward of potential acquisitions, determining financing strategy and arranging debt and equity financing. The VP will also provide asset management for all properties in the portfolio, including administrative and financial management of the operational assets.

Key Responsibilities

  • Provides strategic direction for the acquisition of preservation properties.
  • Researches opportunities to acquisitions, evaluates risk and reward of potential acquisitions, and determines financing strategy.
  • Arranges debt and equity financing for preservation properties.
  • Provides asset management for all properties in the portfolio, including administrative and financial management of the operational assets.
  • Develops and approves property budgets, including capital expenditure costs and programs with property management.
  • Closely monitors property operations and leasing strategies.
  • Monitors and approves monthly property cash distributions from each property.
  • Reviews monthly financial statements and financial information provided by each property.
  • Identifies and analyzes property market trends and major budget/forecast variances.
  • Provides property write-ups for quarterly reporting requirements.
  • Responsible for valuations of respective properties.

Requirements

  • Bachelor's degree in finance, accounting, or business, MBA preferred.
  • 7-10 years' real estate experience involving operations, investment analysis, transactions, and asset management experience is required.
  • Expertise in finance, marketing, revenue maximization, strategic planning, budgeting, forecasting, administration, operations, training, and effective leadership are required.
  • Affordable Housing experience is required.
  • Strong knowledge of tenant/landlord practices, laws, rules, and regulations.
  • Knowledge of market, feasibility analysis, and financial structures is a must.
  • Experience closing real estate transactions.
  • Demonstrated problem-solving/decision-making skills with the ability to understand a complex portfolio and identify growth opportunities.
  • Proficiency in discounted cash flow modeling, including experience with Argus, Excel, and Word.
  • Strong communication and interpersonal skills.
  • Bilingual in Spanish a plus.
  • Ability to deal with a multitude of different people at all levels.
  • Highly motivated, self-starter.
  • Valid driver's license, vehicle, insurance, and good driving record.

  • Asset Management Accountant

    4 weeks ago

    Chicago, Illinois, United States Brookfield Asset Management Full time

    Job DescriptionJob Title: Fund Accountant & Administration OversightLocation: Chicago, ILAbout the Role:We are seeking a highly skilled Fund Accountant & Administration Oversight professional to join our team at Brookfield Asset Management. As a key member of our fund administration team, you will be responsible for providing financial reporting and...

  • Asset Management Analyst

    3 weeks ago

    Chicago, Illinois, United States LaSalle Investment Management Full time

    About LaSalle Investment ManagementLaSalle Investment Management is a global leader in real estate investment management, with a diverse investor base and a strong track record of delivering investment performance. Our team is dedicated to providing exceptional service to our clients and creating value through our expertise in real estate investment...

  • Market Acquisition Specialist

    3 weeks ago

    Chicago, Illinois, United States D.I. Management, LLC Full time

    Job OverviewWe are seeking a highly skilled Market Lead to join our Chicago team at D.I. Management, LLC. The successful candidate will be responsible for sourcing and leasing commercial properties within assigned markets across the region, reporting directly to the Regional Sr. Vice President.Key ResponsibilitiesIdentify and acquire target properties that...

  • Real Estate Asset Acquisition Manager

    1 month ago

    Chicago, Illinois, United States Diamond Equity Full time

    Job Summary:The Real Estate Acquisitions Specialist will be responsible for identifying and pursuing new properties for Diamond Equity, a national real estate investment company. The ideal candidate will have a strong background in sales, real estate, or a related field, with a proven track record of success in acquiring and selling properties.Key...

  • Asset Management Associate

    3 weeks ago

    Chicago, Illinois, United States Back Nine Apartment Investors Full time

    Job Title: Associate Asset ManagerBack Nine Apartment Investors is seeking an experienced Associate Asset Manager to join our team. As a key member of our asset management team, you will be responsible for overseeing the performance of our growing portfolio of Class A apartment communities.Key Responsibilities:Support our Director of Asset Management in...

  • Executive Vice President of Acquisitions

    4 weeks ago

    Chicago, Illinois, United States Arbor Lodging Management Full time

    Job SummaryArbor Lodging Management is seeking a highly skilled and experienced Executive Vice President of Acquisitions to join its growing investment team. The successful candidate will be responsible for overseeing acquisitions and debt investment opportunities in the lodging space, managing negotiations, conducting due diligence, and presenting...

  • Director, Asset Management

    2 weeks ago

    Chicago, Illinois, United States Lincoln Property Company Full time

    Job OverviewLincoln Property Company is seeking a seasoned professional to lead our asset management efforts. As a Director, Asset Management, you will be responsible for overseeing the strategic, transactional, and operational aspects of a portfolio of commercial properties across the United States.Key ResponsibilitiesDevelop and implement strategic plans...

  • VP of Property Management

    1 week ago

    Chicago, Illinois, United States Jobot Full time

    Job SummaryWe are seeking a highly experienced and skilled Vice President of Property Management to join our team at Jobot. As a key member of our leadership team, you will be responsible for driving strategies that maximize real estate investment returns and overseeing the physical integrity, safety, compliance, and occupancy of our properties.Key...

  • Director of Asset Management

    4 weeks ago

    Chicago, Illinois, United States Lincoln Property Company Full time

    {"title": "Director of Asset Management", "content": "Key ResponsibilitiesAs a Director of Asset Management at Lincoln Property Company, you will be responsible for overseeing the strategic, transactional, and operational aspects of a portfolio of office and industrial assets across the United States.Key responsibilities include:Developing and implementing...

  • Investment Consultant

    2 weeks ago

    Chicago, Illinois, United States Calamos Asset Management Full time

    Investment Consultant Job DescriptionThe Investment Consultant Level I is a key role within Calamos Asset Management, responsible for enhancing our presence in assigned regions and supporting the sales activities of our VP, Investment Consultant. This position involves developing strategies to expand our coverage within respective territories.Key...

  • IT Asset Management Specialist

    4 weeks ago

    Chicago, Illinois, United States Kovitz Full time

    Job SummaryKovitz is seeking a highly skilled IT Asset Management Specialist to join our team. As the IT Asset Manager, you will be responsible for the management of IT assets throughout their lifecycle, ensuring that the organization's IT assets are managed efficiently, costs are controlled, and compliance with licensing and regulatory requirements is...

  • Director, Asset Management and Operations

    4 weeks ago

    Chicago, Illinois, United States Lincoln Property Company Full time

    About the RoleWe are seeking a highly experienced and skilled Director to join our team at Lincoln Property Company. As a key member of our leadership team, you will be responsible for overseeing the strategic, transactional, and operational aspects of a portfolio of commercial real estate assets across the United States.Key ResponsibilitiesStrategic...

  • VP of IT Network and Infrastructure

    4 weeks ago

    Chicago, Illinois, United States Sunnyside Full time

    About SunnysideSunnyside is a leading cannabis company that aims to revolutionize the industry with a focus on quality and consistency of product, and to bring legitimacy to the industry with the highest level of integrity and professionalism.Job SummaryThe VP of IT Network and Infrastructure will lead a team across all systems and IT processes to support...

  • Risk Management Associate

    3 weeks ago

    Chicago, Illinois, United States Calamos Asset Management Full time

    Job SummaryWe are seeking a highly skilled Risk Management Associate to join our team at Calamos Asset Management. As a key member of our Risk Management process, you will be responsible for identifying, measuring, and mitigating portfolio risks across multiple strategies and asset classes.Key ResponsibilitiesConduct thorough risk assessments and present...

  • Director of Asset Management

    2 weeks ago

    Chicago, Illinois, United States Lincoln Property Company Full time

    Exciting Opportunity in Asset ManagementLincoln Property Company is seeking a highly skilled and experienced Director of Asset Management to join our team. As a key member of our organization, you will be responsible for overseeing the strategic, transactional, and operational aspects of a portfolio of commercial properties across the United States.Key...

  • Asset Management and Leasing Director

    1 month ago

    Chicago, Illinois, United States Lincoln Property Company Full time

    About the RoleWe are seeking a highly experienced and skilled Director to join our team at Lincoln Property Company. As a key member of our leadership team, you will be responsible for overseeing the strategic, transactional, and operational aspects of a portfolio of commercial real estate assets across the United States.Key ResponsibilitiesStrategic...

  • Director, Asset Management and Operations

    1 month ago

    Chicago, Illinois, United States Lincoln Property Company Full time

    About the RoleWe are seeking a highly experienced and skilled Director to join our team at Lincoln Property Company. As a key member of our leadership team, you will be responsible for overseeing the strategic, transactional, and operational aspects of a portfolio of commercial real estate assets across the United States.Key ResponsibilitiesStrategic...

  • Talent Acquisition Manager

    2 weeks ago

    Chicago, Illinois, United States Zekelman Industries Full time

    About UsWe're a family of companies with a legacy dating back to 1877, proud to be the largest independent steel pipe and tube manufacturer in North America and the leading innovator in multi-family housing development. We believe in what we build and what we build, builds the world around us.  Hospitals, hotels, schools, bridges, airports and more. Come...

  • Risk Management Specialist

    4 weeks ago

    Chicago, Illinois, United States Calamos Asset Management Full time

    About the RoleWe are seeking a highly skilled Risk Management Associate to join our team at Calamos Asset Management. As a Risk Management Associate, you will play a critical role in identifying, measuring, and mitigating portfolio risks across multiple strategies and asset classes.Key ResponsibilitiesRisk Identification and Reporting: Identify risks and...

  • Asset Management Analyst

    4 weeks ago

    Chicago, Illinois, United States LaSalle Investment Management Full time

    About LaSalle Investment ManagementLaSalle Investment Management is a global leader in real estate investment management, with a diverse investor base and a strong track record of delivering investment performance. Our team of experts provides a unique blend of investment expertise, market knowledge, and operational capabilities to maximize value for our...