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Vice President, Asset Management
Job Location:
Job Location:
Chicago, IL - USA
Monthly Salary:
$ 130000 - 175000
Monthly Salary:
Posted:
17 June 2026 (30+ days ago)
Posted:
Application Deadline:
16 November 2026
Application Deadline:
Vacancies:
1 Vacancy
Vacancies:
Department:
Job Summary
POSITION SPECIFICATION
VP ASSET MANAGEMENT
VP ASSET MANAGEMENT
Shine Associates LLC has been retained to search identify and recruit a VP Asset Management on behalf of our client (Company). This position will be based in Chicago IL.
CONFIDENTIALITY
Shine Associates LLC has been exclusively retained on this assignment. Information contained in this position specification as well as any other information concerning the Company provided or verbally discussed is confidential. All materials and discussions are to be utilized for the sole purpose of a candidates personal review of the career opportunity.
CLIENT DESCRIPTION
Our client is an employee-owned investment advisory firm founded in 1978. The firm is headquartered in Seattle Washington with branch offices in Portland Boston Southern California and Northern California. The Company manages assets in real estate equity real estate debt fixed income and equity strategies; primarily for institutional clients. The Company provides a diverse menu of investment products including equity real estate investments commercial mortgages and construction loans.
VP ASSET MANAGEMENT
The VP of Asset Management is responsible for overseeing and maximizing the performance of a diversified commercial real estate portfolio. This role oversees financial performance operational oversight leasing initiatives capital planning and financial reporting across office industrial multifamily retail and/or mixed-use assets.The VP partners closely with acquisitions development property management leasing accounting and executive leadership to execute portfolio-level business plans and drive investment returns. The ideal candidate combines strong real estate financial operational and strategic decision-making capabilities.
KEY RESPONSIBILITIES
- Execute comprehensive asset management strategies to maximize NOI cash flow occupancy and long-term asset value.
- Oversee business plans for individual assets and portfolio-wide initiatives.
- Identify value-add repositioning and redevelopment opportunities.
- Analyze property financial performance budgets forecasts capital expenditures and construction draws.
- Work with production/analyst team on financial modeling valuations sensitivity analyses and refinancing scenarios.
- Help prepare and present investment committee materials.
- Assist in the preparation of client reports presentations and analyses for investor meetings and quarterly reviews.
- Participate in client calls and meetings as needed ensuring accurate communication of asset-level details and execution status.
- Participate in the selection and engagement of leasing and listing brokers.
- Negotiate lease and transaction terms with tenants and brokers.
- Coordinate lease drafting and negotiation with outside counsel.
- Monitor tenant improvements/coordination with property manager.
- Prepare lease documentation when appropriate (amendments notices license agreements etc.)
- Work with marketing team on union related issues and implementation of the Responsible Contractor Policy.
- Evaluate market trends rent comparables and competitive positioning.
- Oversight of property managers including evaluation of performance and recommendations regarding potential management changes when warranted.
- Work with property managers and construction managers to oversee major capital improvement and tenant improvement projects.
- Review and approve annual operating and capital budgets.
- Support acquisitions through due diligence underwriting review closing and transition planning.
- Participate in financing and refinancing efforts with lenders and capital partners.
- Assist with dispositions/project closeout recapitalizations and joint venture negotiations.
- Corporate Travel: Periodic for corporate meetings Portfolio Manager meetings and Asset Manager meetings (Seattle California Boston)
- Operational Travel: Regular property inspections tenant meetings broker meetings property manager meetings construction meetings market review etc.
QUALIFICATIONS AND EXPERIENCE
- Bachelors degree preferred in Real Estate Finance Business or related field.
- 5 years experience in commercial real estate.
- Knowledge of leasing property operations and commercial real estate markets.
- Experience managing office industrial multifamily retail or mixed-use assets preferred.
- Excellent communication negotiation and organizational skills.
- Able to work independently or as part of team
- Strong analytical skills
- Creative problem solver
- Argus CoStar Excel Word Outlook PowerPoint Yardi
COMPENSATION & BENEFITS
The annual compensation for this role is expected to be in the range $130000 - $175000. Actual base salary and bonus will be determined by several components including but not limited to: relevant experience skills and qualifications base salary of internal peers and geographic addition to base salary this role may be eligible for a discretionary annual bonus. The Company is prepared to offer a competitive compensation package.
Hillary H. Shine Principal Kelsey Shine Managing Director
emailprotected emailprotected
Required Experience:
Exec
