Associate, Real Estate Asset Management

Chicago, IL - USA

Monthly Salary: $ 93500 - 110000

Posted on: 11 hours ago

Vacancies: 1 Vacancy

Job Summary

Job Title

Associate Real Estate Asset Management

Job Description Summary

Responsible for supporting a team of asset management professionals managing a portfolio of real estate assets across the United States & Canada for multiple third-party clients.

Job Description

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES

Analyze new and renewal lease proposals utilizing NPV concepts and discounted cash flow models
Prepare property level & portfolio level cash flow projections to determine the impact on value cash flow and performance as a result of changes in market conditions (rental rates downtime tenant procurement costs capitalization rates) the impact of proposed capital improvement projects etc
Assist in leasing/tenant review process including credit agency reports reference checks and financial/operating history
Participate in lease negotiations with asset manager and become familiar with major lease terms in order to be comfortable recommending negotiating strategies
Collaborate with the asset manager on the development of annual and multi-year business plans that meet the short and long-term goals of ownership
Assist in the production of monthly & quarterly reports to ownership that provide status on all major property operations
Assist in the production of collateral materials for client internal management and asset management presentations and marketing
Work with the property and leasing teams to ensure that all client financial and leasing data is updated in the relevant systems in a timely and accurate manner
Drive the development of due diligence reports for potential acquisitions for existing clients
Assist in responding to new client RFPs and developing content for new client presentations
Support the implementation of all new Asset Management technology tools which will include scoping requirements attending product demonstrations and testing of key features prior to planned system roll-out

EXPERIENCE & KNOWLEDGE/SKILLS REQUIRED

Bachelorsdegreeinbusinessfinanceaccounting or economics. MBA or Masters in Real Estate preferred
Minimum of four years of experience in Real Estate with a proven track record of involvement in successful real estate transactions across multiple property types
Current knowledge of industry trends in real estate and development and a natural desire to understand specific market characteristics; experience of commercial real estate analysis/asset management with an emphasis in all some or all major assets sectors (office industrial retail multi-family)
Proficiency in all major real estate software products including: Yardi Argus VTS RCA CoStar; and presentation software including: PowerPoint & EnDesign.
Outstanding verbal and written communication skills with emphasis on report writing and presentation development
Ability to manage conflicts and create positive outcomes
Resourcefulness
Advanced business acumen
Strong attention to detail

Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs generally including health vision and dental insurance flexible spending accounts health savings accounts retirement savings plans life and disability insurance programs and paid and unpaid time away from addition to a comprehensive benefits package Cushman and Wakefield provide eligible employees with competitive pay which may vary depending on eligibility factors such as geographic location date of hire total hours worked job type business line and applicability of collective bargaining agreements.

The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement the geographic area in which the work will be performed market pay rates in that area and the candidates experience and qualifications.

The company will not pay less than minimum wage for this role.

The compensation for the position is: $ 93500.00 - $110000.00

Cushman & Wakefield is an Equal Opportunity employer to all protected groups including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated.

In compliance with the Americans with Disabilities Act Amendments Act (ADAAA) if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield please call the ADA line at 1- or email. Please refer to the job title and job location when you contact us.

INCO: Cushman & Wakefield

Required Experience:

Job TitleAssociate Real Estate Asset ManagementJob Description SummaryResponsible for supporting a team of asset management professionals managing a portfolio of real estate assets across the United States & Canada for multiple third-party clients.Job DescriptionESSENTIAL FUNCTIONS AND RESPONSIBILIT...