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Director of Asset Management

Chicago, Illinois Permanent USD110,000 - USD180,000 per year View Job Description
An exciting opportunity has arisen for an experienced Director of Asset Management to join a growing, well-capitalized real estate investment and development platform. This strategic leadership role will oversee a diverse property portfolio, driving asset performance, maximizing value creation, and partnering closely with senior leadership, investors, and operating teams throughout the investment lifecycle.
  • Shape portfolio strategy at a high-growth real estate platform.
  • High-visibility leadership role with significant growth potential.

About Our Client

Backed by experienced leadership and strong capital relationships, our client - a well known merchant developer in Chicago - is entering a period of significant growth across its real estate platform. The business has built a reputation for identifying value, executing complex projects, and delivering consistent returns, creating an exciting environment for a strategic asset management leader to make a lasting impact.

Job Description

Reporting to the Executive Leadership Team, the Director of Asset Management will play a critical role in optimising portfolio performance and delivering investment objectives across a growing real estate platform.

  • Develop and execute asset-level business plans aligned with investment and portfolio strategies.
  • Monitor financial and operational performance, identifying opportunities to enhance Net Operating Income, improve cash flow, and increase asset value.
  • Lead portfolio reviews and provide regular performance reporting to senior management, lenders, joint venture partners, and investors.
  • Oversee annual budgets, capital expenditure programmes, forecasts, valuations, refinancing analysis, and financial performance reviews.
  • Manage third-party property management partners, leasing strategies, capital projects, and operational performance metrics.
  • Evaluate hold, refinance, redevelopment, and disposition strategies based on market conditions and investment objectives.
  • Lead, mentor, and develop asset management team members while collaborating cross-functionally with development, acquisitions, finance, accounting, and construction teams.



MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant

For the Director of Asset Management we are seeking:

  • Bachelor's degree in Real Estate, Finance, Business, Economics, or a related discipline. Advanced qualifications are advantageous.
  • Significant experience within real estate asset management, portfolio management, investment management, or commercial real estate.
  • Proven track record managing institutional-quality real estate assets and delivering value creation initiatives.
  • Strong financial modelling, investment underwriting, budgeting, forecasting, and valuation experience.
  • Experience overseeing property management teams, leasing performance, and capital improvement projects.
  • Knowledge of debt structures, loan covenants, refinancing processes, and investor reporting requirements.
  • Excellent stakeholder management skills with experience interacting with lenders, investors, joint venture partners, and executive leadership.
  • Strong leadership capability with experience mentoring analysts, associates, or asset management professionals.
  • Advanced proficiency in Microsoft Excel and real estate financial analysis tools.

What's on Offer

  • Competitive base salary and performance-based bonus.
  • Comprehensive benefits package.
  • Opportunity to join a growing and entrepreneurial real estate platform with significant investment backing.
  • High visibility within the organisation and direct exposure to senior leadership and capital partners.
  • Long-term career progression into broader portfolio leadership and executive management responsibilities.
  • Collaborative and high-performing culture focused on growth, innovation, and value creation.



If you are interested in this opportunity apply today and reach out to Chase Smith at Michael Page for more information.

Contact
Chase Smith
Quote job ref
JN-082026-7082456

Job summary

Sector
Real Estate
Sub Sector
Property & Asset Management
Industry
Property
Where
Chicago
Contract Type
Permanent
Consultant name
Chase Smith
Job Reference
JN-082026-7082456
 

Michael Page is an inclusive employer. We want to make sure you have everything you need to perform at your best throughout our hiring process, so please let us know if there is anything we can do to support with your application or interview.