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Job description
Asset Manager
Ansonia Properties, a Chicago-based multifamily investment firm, is looking for an experienced Asset Manager who will be primarily responsible for the development and strategic implementation of all initiatives within the investment business plan. This role is responsible for driving NOI through the oversight of leasing, property management, operating budgets, and capital projects for a growing multifamily portfolio.
The Asset Manager is a leader with an established track record of business plan creation, execution, and value creation; technologically competent; and skilled in organizational and business development. The work is focused on the financial modeling, underwriting, budgeting, and valuation of a multifamily real estate portfolio. The successful candidate will have a robust analytical background, a strong work ethic, and demonstrate a focus on attention to detail.
Responsibilities:
Own and execute asset-level business plans from acquisition through disposition
Drive NOI by managing leasing strategy, operating budgets, and capital improvement programs
Oversee third-party property management and hold them accountable to performance
Prepare monthly and quarterly investor and lender reporting; manage JV compliance
Conduct hold/sell/refinance analyses and reforecast IRRs at the asset and partnership level
Collaborate cross-functionally with acquisitions, construction, accounting, and capital markets teams
Conduct regular site visits and monitor submarket conditions to inform strategy
Qualifications:
Bachelor's degree in Real Estate, Finance, Business, Accounting, or related field
5-7+ years of asset management experience, multifamily investment preferred
Proven track record of business plan execution and measurable value creation
Strong financial modeling skills - IRR, waterfall, hold/sell/refi analyses
Experience managing JV partnerships and communicating directly with equity and debt partners
Proficiency in Excel and PowerPoint; Yardi, IMS, or LRO experience is a plus
Strong leadership, organization, and communication skills
Proficiency in the use & application of AI tools
Base Compensation Range: $120,000.00 To $180,000.00 Annually. This represents the presently anticipated low and high end of the Company's base compensation range for this position. Actual base compensation range may vary based on various factors, including but not limited to location and experience.
Total Direct Compensation: This job is also eligible for discretionary bonus and incentive compensation on an annual basis.
Benefits: The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays, and paid time off (PTO).
Worksite address
bensenville, IL, 60105, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.