Vice President Asset Management

Primary Report:Executive Vice President Job Summary Riverside Investment & Development is seeking a full-timeVice Presidentlevel Asset Managerbased in Chicago. This role will primarily focus onoffice buildings , with potential exposure tomultifamily and mixed-use properties . Key Responsibilities The Asset Manager will support the Executive Vice President and select capital partners in all aspects ofasset management, acquisitions, dispositions, financial decision-making, cash flow modeling, leasing strategy, investment analysis, negotiations, and legal documentation . Responsibilities Develop and implementasset-level strategic plans Establish leasing objectives and guidelines; provide oversight of revenue management systems and strategies; manage the leasing process as needed for mixed-use assets and prepare recommendations for ownership Overseeproperty-level operating activities , including supervision of leasing agents and third-party property managers Direct the preparation ofmonthly reporting, quarterly valuations, and cash flow forecasts Review and evaluateprospective lease proposals Collaborate with and guide property managers in developingoperating budgets , including capital and leasing plans Manage theinternal process for obtaining Investment Committee approvalfor key decisions Participate in broadermanagement team strategic initiativesat each property Managerecapitalization effortsand/or oversee thedisposition processwhen assets are prepared for sale Overseeproperty-level financingsand reporting with joint venture partners and lenders Leadweekly and monthly asset management meetings Monitormarket trends and data , including investment sales, lease comparables, and occupancy levels Lead the preparation ofquarterly asset management reportsfor ownership at the property level Review financial reports to monitor performance and ensure investment objectives are achieved Leadownership and client presentations Manageloan requirements and covenants , including leasing conditions, future funding obligations, escrow reimbursements, and other lender requirements Review existing leases to analyze and determinerenewal strategies or potential modifications Monitor, manage, and coordinateRIDC internal teams(construction management, leasing, and financial analysis) Performspecial projects and additional responsibilitiesas assigned Qualifications 812 yearsof commercial or investment real estate experience with asset management Strong office market experience required , with multifamily or retail knowledge considered a plus Excellentwritten and verbal communication skills Self-starter with stronganalytical, quantitative, and problem-solving abilities Stronginterpersonal skillswith the ability to interact effectively with both internal and external stakeholders Demonstrated ability tolead, manage, and motivate junior staff, leasing teams, and analysts Ability to work effectively under pressure while managingmultiple competing deadlines Experience withasset repositioning strategies Skills Advanced proficiency in reviewing and analyzingfinancial models in Excel and Argus Strongorganizational skills and attention to detail , with the ability to manage multiple projects simultaneously Experience negotiatingleases and real estate legal documentation Strong sense ofinitiative, accountability, and entrepreneurial mindset Ability to workindependently and collaborativelyin a fast-paced environment In-depth knowledge of theDowntown Chicago office market ; experience in other markets is a plus