Apply on Employer Site

Harrison Street Asset Management · 23 hours ago

Vice President, Asset Management, Digital

Chicago, IL

Full-time

Hybrid

Senior Level, Lead/Staff

$150K/yr - $195K/yr

10+ years exp

Harrison Street Asset Management is a leading global alternative investment management firm focused on real estate, infrastructure, and credit strategies across North America and Europe. The Vice President in the Asset Management department will oversee investments, manage relationships with partners, and mentor junior professionals while ensuring effective asset management and financial performance.

FinanceReal EstateReal Estate Investment

Growth Opportunities

Responsibilities

Manage relationships with existing operating partners and third-party property managers

Source, coordinate, and close all property refinancings

Establish and communicate internal hold/sell recommendations

Oversee asset dispositions, including presenting the transaction to investment committee, selecting a broker, negotiating the purchase contract, and facilitating the due diligence and closing processes

Formulate property-level strategy, budgets, and capital improvement plans

Determine and implement value preservation strategies, including the preparation of capital call memorandums as necessary

Assist transactions colleagues in the underwriting of new investments as well as new operating partners or property managers

Analyze and monitor property financial performance and debt covenant compliance

Alongside construction consultants, monitor schedules, budgets, and draws for new developments and ensure compliance with the relevant governing documents

Review and approve third-party appraisal reports and complete periodic internal valuations and re-underwriting processes

Actively mentor, train, and guide the career development of more junior professionals on the team

Qualification

Asset managementCapital marketsFinancial analysisReal estate investingReal estate accountingExcelArgusData analysisWritten communicationVerbal communicationTeam player

Required

Bachelor's degree

10+ years of relevant experience in commercial real estate investment roles: ideally within Build to Rent, Storage, Student Housing and/or Healthcare

Core knowledge of real estate investment and finance principles, as well as a working understanding of real estate accounting

Strong written and verbal communication skills

Ability to draw conclusions from research and data analysis and communicate them concisely and effectively

Thorough understanding of business software (Excel at minimum)

Preferred

real estate and finance concentrations preferred

Argus preferred

progressive background in Digital

Benefits

Generous discretionary bonus

Comprehensive range of benefits — including medical, financial, and wellness programs

Company

Harrison Street Asset Management

Harrison Street Asset Management is a leading global alternative investment management firm with over $103 billion in assets under management through highly differentiated assets across infrastructure, real estate and credit strategies.

Founded in 2005

Chicago, Illinois, USA

501-1000 employees