Associate Asset Manager
3 months ago
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About Us: Clear Height Properties, headquartered in Oak Brook, IL, is leading the way in creating value in both buildings and relationships. Specializing in Industrial Real Estate opportunities, CHP is committed to value-add, opportunistic, and core-plus investments. At CHP, we live by the creed of always being amazing, making the next person successful, embracing change with open arms, and injecting every task with a dose of fun and excitement. Join our team of visionaries who are not just developing buildings but are crafting a future where wealth creation and enduring legacies go hand in hand
About the Role: The Asset Manager Associate will support the Asset Management team in overseeing a portfolio of 20-25 single-tenant industrial properties, focusing on enhancing performance and value. This junior role is ideal for individuals looking to grow their career in asset management. You will assist in executing asset strategies, collaborating with internal teams, and supporting external partner interactions. Responsibilities include financial analysis, property maintenance coordination, and supporting various risk management initiatives.
Responsibilities:
- Assist in executing asset strategies to maximize the value and performance of the assigned portfolio.
- Collaborate with internal teams to support the development and adjustment of asset business plans for single-tenant properties.
- Monitor market trends and assist in identifying opportunities to enhance asset value.
- Provide support to property managers with day-to-day operations, including coordination of property maintenance.
- Conduct property inspections and provide reports to senior asset managers.
- Assist in preparing and analyzing financial reports, budgets, and property performance metrics.
- Coordinate with third parties for development projects and capital improvements under the guidance of senior asset managers.
- Support due diligence activities for property acquisitions, dispositions, recapitalizations, and refinancings.
- Maintain effective communication with stakeholders and partners as directed by senior team members.
- Assist in reviewing and preparing monthly and quarterly reports for each asset in the portfolio.
Qualifications:
- Bachelor’s degree in business, accounting, real estate, or a related field.
- 1-3 years of experience in commercial real estate, property management, or a related field.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Ability to manage multiple tasks in a dynamic environment.
- Proficiency in Microsoft Excel; familiarity with Yardi is a plus.
- Willingness to travel occasionally for property visits and meetings.
What We Bring to the Table:
Competitive Compensation: Unlock your earning potential with a competitive market salary tailored to your experience. Our inclusive package also features enticing incentive bonuses to reward your outstanding performance.
Flexible Time Off: We understand the importance of balance. Enjoy unlimited paid time off to recharge and take care of personal commitments. While your primary workspace is in our vibrant office, we embrace the unexpected and support a flexible approach.
Comprehensive Benefits: Your well-being matters to us. Our comprehensive benefits package includes medical coverage with BCBSIL, dental, vision, disability, and life insurance for you and your family.
Financial Security and Future Planning: Invest in your financial future with our 401(k) plan and co-investing opportunities. We not only provide a generous employer match but also eliminate the hassle of vesting schedules. Your financial goals are our shared commitment.
Ready to Join Us? If you're ready to join a team of visionaries, where innovation meets investment and every day is a new opportunity to leave a lasting impact, we want to hear from you
Clear Height Properties is an equal opportunity employer. Proof of citizenship will be required upon hire.
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