The Opportunity:We are seeking an Asset Manager to join our growing team. The ideal candidate will possess a strong operating background in multifamily operations and asset management. They will be responsible for overseeing individual property operations, performance, and capital improvement strategies. The individual will work directly with the Portfolio Manager and our Head of Asset Management.
Mesirow Institutional Real Estate offers competitive compensation packages, including base salary, performance-based incentives, and comprehensive benefits. Our team members enjoy a collaborative work environment, professional development opportunities, and the chance to make a meaningful impact in the real estate industry.
If you are a motivated and experienced Multifamily Asset Manager looking to join a dynamic team, we encourage you to apply by submitting your resume and cover letter detailing your qualifications and relevant experience. We look forward to reviewing your application and discussing how you can contribute to our success.
Responsibilities:- Implement comprehensive asset management plans to optimize the financial performance of selected individual assets.
- Collaborate with third-party property management teams to ensure efficient day-to-day operations, including implementation of capital plans, driving top line growth, and stringently managing expenses.
- Conduct regular property inspections and assessments to identify maintenance needs, capital improvement opportunities, and risk mitigation strategies.
- Monitor financial performance against budgetary goals and proactively address variances.
- Will work on approximately 8-10 assets in 4 to 5 specific markets throughout the U.S.
Qualifications:- Minimum of 10 years of experience in property management, real estate asset management, with a focus on multifamily properties.
- Bachelor's degree in Real Estate, Engineering, Business Administration, or related field.
- Excellent communication, negotiation, and interpersonal skills.
- Proven track record of driving financial performance and operational excellence in multifamily real estate portfolios.
In accordance with the Illinois Pay Transparency Law, the anticipated hiring base salary for the role will be between $150,000 and $250,000 per year. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, also provides the opportunity for a bonus and the Mesirow benefit program.
