Heitman · 7 hours ago
Assistant Vice President, Asset Management, MOB & Commercial
Chicago, IL
Full-time
Hybrid
Mid, Senior Level
$125K/yr - $145K/yr
7+ years expHeitman is a global real estate investment management firm seeking an experienced Asset Manager to join their North American private equity team. The role involves managing a multi-property real estate portfolio focused on Medical Office Buildings and Commercial assets, implementing asset management strategies, and collaborating with internal and external stakeholders.
Commercial Real EstateFinancial ServicesReal Estate
Hiring Manager
Diana R.
Responsibilities
Manage a multi-property real estate portfolio focused on Medical Office Buildings and Commercial assets
Devise and implement asset management strategies, including income and expense maximization, leasing, capital expenditures, financing/refinancing, hold/sell, and value creation, applying both qualitative and quantitative analysis
Monitor market conditions at both a macro and micro level to proactively direct the successful performance of the investments
Oversee the preparation of annual budgets, business plans, internal valuations, and quarterly reporting
Evaluate investment performance against budgets, business plans, and internal and external benchmarks
Work closely with Heitman’s Data Analytics and Financial Operations and Analysis teams to inform asset level strategy and drive performance
Partner with and oversee third parties performing the day-to-day operations of the assets
Conduct regular property inspections to identify property risks and opportunities, evaluate operational performance of third-party teams, and understand market dynamics; communicate findings
Communicate recommendations and results both orally and in writing to clients, Heitman’s Investment Committee, portfolio managers, Asset Management leaders, and sector specialists
Support Heitman’s Acquisitions and Research teams for new investment underwriting and diligence, providing market and leasing input and participating in due diligence activities, as necessary
Ensure compliance with a variety of legal documents, including joint venture agreements, loan agreements, and investment management agreements
Coordinate as necessary the hiring of third-party agents, such as appraisers, brokers, property managers, leasing agents, and legal counsel
Qualification
Required
Minimum 7 years of real estate experience with at least 3 years of real estate asset management experience
Experience with either Medical Office Buildings or Commercial property types is required
Strong interpersonal skills with an ability to collaborate with others
Ability to communicate complex issues clearly and professionally, both verbally and in writing
Strong analytical skills and experience with cash flow modeling and analysis, budgeting, financial reporting, and interpreting data
Creative problem-solving skills for defining, developing, and executing asset management strategies
Understanding of standard real estate practices and investment trends
Knowledge of construction and redevelopment terminology for overseeing the budgeting and planning of capital projects
Working knowledge of legal terminology for interpreting and negotiating a variety of real estate agreements
Ability and desire to utilize industry expertise and leadership skills to mentor junior team members
Understanding of the various real estate valuation approaches and techniques
Strong financial modeling skills (ARGUS, Microsoft Excel); experience with Power BI is a plus
Preferred
Moderate to extensive travel required
Benefits
All of our team members are bonus eligible and participate in a generous annual bonus plan
Competitive compensation and a leading-edge, human-centric benefits package
Company
Heitman
Heitman is a real estate investment management firm.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
unknown2018-01-08Acquired
Leadership Team
Tony Smedley
Managing Director, Head of Private Equity - Europe
Recent News
2026-01-22
2026-01-20
GlobeNewswire
2026-01-16
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