Vice President, Asset Manager

Job Title: Vice President, Asset Manager
Location: Chicago, Boston, or Baltimore
Department: Asset Management
Reporting to: Managing Director
Employment type: Full-time
Req#: REQ151004

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LaSalle Investment Management is currently seeking a full-time Asset Manager for LaSalle’s multifamily and mixed-use property types. Ideally the candidate will be based in Chicago, Boston, or Baltimore. 
 

Responsibilities

  • Develop and implement annual asset level strategic plans, including hold/sell analysis
  • Lead the research, analysis, and execution of asset level strategic initiatives
  • Engage and direct property managers in development of operating budgets including capital and leasing plans
  • Oversee property level operating activities including supervision of third-party property managers and leasing agents
  • Establish leasing objectives/guidelines, provide oversight of revenue management system/strategy, manage lease process as needed for mixed use assets and prepare execution recommendations to Portfolio Manager
  • Oversee and direct the completion quarterly valuations, review external appraisals, and cash flow forecasts
  • Assist in economic underwriting and due diligence for wholly owned acquisitions and transition of acquisitions to Asset Management
  • Direct and manage the internal LaSalle process of obtaining investment committee approval of all dispositions
  • Participate in the strategic initiatives of the broader multifamily and asset management teams
  • Assist in the disposition process for wholly owned property sales
  • Execute property level financings
  • Review of financial reports to monitor performance and achieve investment objectives 
  • Participate in Investment Committee and client presentations
  • Prepare client quarterly reporting for assets

 
Qualifications 

  • Minimum 7+ years of commercial or investment real estate experience, asset management experience preferred, with 3+ years of Multifamily asset management experience
  • Strong written/verbal communication skills
  • Strong problem solving and quantitative skills
  • Interpersonal skills with an ability to interact with external and internal clients required
  • Ability to work well with others and manage/motivate junior staff
  • Ability to work well under pressure with multiple competing deadlines
  • Development and asset repositioning experience
  • Familiarity with revenue management systems
  • Willingness to travel