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Director of Asset Management

Director of Asset Management

CompanyRyan Companies
LocationChicago, IL, USA, Minneapolis, MN, USA
Salary$135700 – $203500
TypeFull-Time
DegreesBachelor’s
Experience LevelExpert or higher

Requirements

  • Undergraduate degree in accounting, finance, real estate, or related field.
  • 10+ year’s experience in real estate asset management, real estate investment management, and/or commercial real estate brokerage/finance.
  • Experience in one or more commercial property sectors including industrial, office, medical office, and mixed-use.
  • Ability to work independently and as part of a team.
  • Strong verbal and written communication skills.
  • Advanced proficiency in MS Excel, Word and Powerpoint. Argus experience is preferred.

Responsibilities

  • In partnership with Ryan Companies’ developers and others within the Ryan Investment Group, lead the development and implementation of marketing, leasing, and sales strategies to maximize value of assets.
  • Coordinate lease NPV analysis and impacts on asset value and cash flow for all future lease transactions.
  • Build and nurture on-going capital partner relationships with asset management teams.
  • Working alongside Ryan’s accounting team, lead the management of cash flow and property distributions to maximize investment returns.
  • Develop and manage capital improvement plans, including cost benefit analysis.
  • Provide leadership and direction to REM and RBS functions on assets. Review and approve operating budgets for properties.
  • Partner with Ryan Capital Markets to analyze, negotiate and execute loan refinancing’s or restructurings.
  • Partner with Ryan Portfolio Management to complete quarterly reforecasting of property investment returns and participate in quarterly reporting meetings with Ryan senior management.
  • Lead reporting and communications to Ryan JV partners.
  • Complete and review quarterly hold/sale analysis and valuation.
  • Partner with Ryan Capital Markets to sell assets. Manage due diligence coordination on sale assets.
  • Assist with asset management responsibilities on Ryan’s senior living and multifamily assets as needed.

Preferred Qualifications

  • Argus experience is preferred.