Retail Asset Manager, Private Real Estate Equity

Chicago, Illinois


Company Description

Founded in 1966, Heitman LLC is a global real estate investment management firm with over $44 billion in assets under management. Heitman’s real estate investment strategies include direct investments in the equity or debt capitalization of a property or in the securities of listed and publicly traded real estate companies. Heitman serves a global client base with clients from North American, European, Middle Eastern and Asia-Pacific institutions, pension plans, foundations and corporations and individual investors. Headquartered in Chicago, with additional offices in North America, Europe, and Asia-Pacific, Heitman’s more than 325 employees offer specialized expertise – from a specific discipline to local insight.

This Opportunity

Our Chicago office is seeking a Retail Asset Manager for our Private Equity business in North America.

The responsibilities of a Retail Asset Manager include, but are not limited to:

  • Apply knowledge of how assets compete and operate by evaluating leases, occupancy, revenue, expenses, and capital expenditures
  • Plan and organize asset objectives and resources to meet asset needs and financial objectives
  • Evaluate performance against budgets and business plans
  • Anticipate issues that impact the success of the assets/portfolio
  • Establish leasing strategies and closely monitor property management teams, and/or joint venture partners
  • Review recommendations from the construction team in context of asset strategy
  • Monitor compliance with legal documents
  • Provide exceptional client service
  • Demonstrate exceptional writing, presentation, and communication skills
  • Communicate regularly with firm leaders, the client and the Heitman team
  • 5 - 10 years of real estate asset management experience required
  • A minimum of 3 years of retail real estate experience or exposure to retail assets required
  • Experience in one or two other property types a plus
  • Possess knowledge of real estate investment management trends
  • Strong interpersonal skills with an ability to collaborate with others
  • Capable of managing several projects at one time
  • Demonstrate an ability to follow company’s best practices and values
  • Strong financial modeling (ARGUS, Excel) and writing skills

The Heitman Difference – Culture

Our culture recognizes the importance of our biggest differentiator — our people. Heitman’s collaborative work environment gives our professionals the opportunity to build something together. Something too appealing to ignore and too rewarding to leave.

Our culture is driven by our core values: Respect, Commitment, Innovation, and Integrity. We strive to maintain an inclusive and collaborative environment where all ideas are welcome. Among many other Heitman sponsored programs, we encourage our employees to get out into the community and volunteer with their favorite organizations – you’ll even get paid time off to do just that!

Heitman offers an excellent compensation and benefits package, including medical, dental and life insurance, 401K plan with employer match, and a generous vacation/sick plan.

Additional Information

Interested professionals should apply via our website at Please make sure to select “careers” under the About tab to submit your cover letter and resume. If you are a Heitman employee, please make sure to apply using your Heitman email address.

Equal Employment Opportunity: Heitman is an equal employment opportunity employer and complies with all applicable laws prohibiting discrimination based on race, color, creed, religion, sex, age, national origin or ancestry, physical, medical or mental disability or condition (including, without limitation, HIV and AIDS), developmental disability, handicap, denial of family and medical care leave, denial of pregnancy leave, domestic partner status, status as a victim of sexual or domestic violence (or familial relationship to such victim), veteran status, marital status, sexual orientation, arrest records, citizenship status, criminal history that has been expunged, unfavorable discharge from the military, or any other basis protected by federal, state or local laws.