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Asset Manager, Student Housing

Chicago, Illinois

Description

Company Description

Founded in 1966, Heitman LLC is a global real estate investment management firm with approximately $40 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 offices in Los Angeles, London, Luxembourg, Frankfurt, Munich, Warsaw, Hong Kong, Seoul, Tokyo, and Melbourne, Heitman’s more than 325 employees offer specialized expertise – from a specific discipline to local insight.

Job Description

Our Chicago office is seeking a Asset Manager with a background in Student Housing Assets for our Private Equity business in North America.   

 Key Accountabilities:

  • Apply knowledge of how assets compete and operate by evaluating occupancy, revenue, expenses, and capital expenditures
  • Identify impact of how demographics, competition, enrollment trends can impact the value of assets
  • 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
  • Closely monitor property management teams, and/or joint venture partners
  • Review recommendations from the construction team in context of asset strategy
  • Establish leasing strategies and oversee property managers
  • 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

Requirements & Preferred Skills

  • 5-10 years of real estate experience
  • Working knowledge of real estate investment management trends specifically within student housing
  • Work as a self-starter who can function autonomously as well as part of a corporate team
  • Ability to manage several parallel projects
  • Demonstrate an ability to follow company’s best practices and values
  • Strong financial modeling skills (Excel)
  • Up to 25% travel may be required

Additional Information

Interested professionals should apply via our website at www.heitman.com. 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.