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Senior Asset Manager, Private Real Estate Debt

Chicago, Illinois

Description

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.

Job Description

Our Chicago office is seeking a Senior Vice President of Asset Management to join their Private Real Estate Debt group.

The responsibilities of a Senior Vice President of Asset Management include, but are not limited to:

  • Work with Portfolio Managers to oversee a portfolio of real estate debt investments across senior, mezzanine and preferred equity strategies
  • Lead a team of professionals to monitor credit quality and collateral status of the platform’s loan portfolio
  • Assess the current and projected performance of properties/collateral, including periodic on-site asset reviews.
  • Manage the valuation of all real estate collateral on a quarterly basis
  • Communicate with borrowers to build relationships and identify potential issues
  • Develop action plans to resolve credit issues and negotiate appropriate documentation
  • Participate in portfolio review presentations to Investment Committee and to investors as required
  • Manage reporting for debt investments under management by multiple investor clients
  • Ensure compliance with client investment management agreement

 Qualifications

  • Minimum 10 years of real estate experience with the most recent specifically in the Debt space
  • Bachelor’s degree in business, finance or real estate
  • Experience managing debt portfolios including an extensive background evaluating credit quality
  • Experience resolving challenged loan situations
  • Excellent communication and organization skills
  • Strong presentation and technical skills
  • Deadline driven
  • Ability to work efficiently in a fast-paced team environment

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.