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Vice President Asset Management

Riverside Investment & Development Company, Chicago, IL, United States


Primary Report:

Executive Vice President Job Summary Riverside Investment & Development is seeking a full-time

Vice President–level Asset Manager

based in Chicago. This role will primarily focus on

office buildings

, with potential exposure to

multifamily and mixed-use properties

.

Key Responsibilities The Asset Manager will support the Executive Vice President and select capital partners in all aspects of

asset management, acquisitions, dispositions, financial decision-making, cash flow modeling, leasing strategy, investment analysis, negotiations, and legal documentation

.

Responsibilities Develop and implement

asset-level strategic plans Establish leasing objectives and guidelines; provide oversight of revenue management systems and strategies; manage the leasing process as needed for mixed-use assets and prepare recommendations for ownership Oversee

property-level operating activities

, including supervision of leasing agents and third-party property managers Direct the preparation of

monthly reporting, quarterly valuations, and cash flow forecasts Review and evaluate

prospective lease proposals Collaborate with and guide property managers in developing

operating budgets

, including capital and leasing plans Manage the

internal process for obtaining Investment Committee approval

for key decisions Participate in broader

management team strategic initiatives

at each property Manage

recapitalization efforts

and/or oversee the

disposition process

when assets are prepared for sale Oversee

property-level financings

and reporting with joint venture partners and lenders Lead

weekly and monthly asset management meetings Monitor

market trends and data

, including investment sales, lease comparables, and occupancy levels Lead the preparation of

quarterly asset management reports

for ownership at the property level Review financial reports to monitor performance and ensure investment objectives are achieved Lead

ownership and client presentations Manage

loan requirements and covenants

, including leasing conditions, future funding obligations, escrow reimbursements, and other lender requirements Review existing leases to analyze and determine

renewal strategies or potential modifications Monitor, manage, and coordinate

RIDC internal teams

(construction management, leasing, and financial analysis) Perform

special projects and additional responsibilities

as assigned

Qualifications 8–12 years

of commercial or investment real estate experience with asset management Strong office market experience required

, with multifamily or retail knowledge considered a plus Excellent

written and verbal communication skills Self-starter with strong

analytical, quantitative, and problem-solving abilities Strong

interpersonal skills

with the ability to interact effectively with both internal and external stakeholders Demonstrated ability to

lead, manage, and motivate junior staff, leasing teams, and analysts Ability to work effectively under pressure while managing

multiple competing deadlines Experience with

asset repositioning strategies

Skills Advanced proficiency in reviewing and analyzing

financial models in Excel and Argus Strong

organizational skills and attention to detail

, with the ability to manage multiple projects simultaneously Experience negotiating

leases and real estate legal documentation Strong sense of

initiative, accountability, and entrepreneurial mindset Ability to work

independently and collaboratively

in a fast-paced environment In-depth knowledge of the

Downtown Chicago office market

; experience in other markets is a plus