Assistant Vice President, Asset Management, MOB & Commercial

• Manage a multi-property real estate portfolio focused on Medical Office Buildings and Commercial assets
• Devise and implement asset management strategies, including income and expense maximization, leasing, capital expenditures, financing/refinancing, hold/sell, and value creation, applying both qualitative and quantitative analysis
• Monitor market conditions at both a macro and micro level to proactively direct the successful performance of the investments
• Oversee the preparation of annual budgets, business plans, internal valuations, and quarterly reporting
• Evaluate investment performance against budgets, business plans, and internal and external benchmarks
• Work closely with Heitman’s Data Analytics and Financial Operations and Analysis teams to inform asset level strategy and drive performance
• Partner with and oversee third parties performing the day-to-day operations of the assets
• Conduct regular property inspections to identify property risks and opportunities, evaluate operational performance of third-party teams, and understand market dynamics
• communicate findings
• Communicate recommendations and results both orally and in writing to clients, Heitman’s Investment Committee, portfolio managers, Asset Management leaders, and sector specialists
• Support Heitman’s Acquisitions and Research teams for new investment underwriting and diligence, providing market and leasing input and participating in due diligence activities, as necessary
• Ensure compliance with a variety of legal documents, including joint venture agreements, loan agreements, and investment management agreements
• Coordinate as necessary the hiring of third-party agents, such as appraisers, brokers, property managers, leasing agents, and legal counsel

• Minimum 7 years of real estate experience
• At least 3 years of real estate asset management experience
• Experience with either Medical Office Buildings or Commercial property types
• Strong interpersonal skills with an ability to collaborate with others
• Ability to communicate complex issues clearly and professionally, both verbally and in writing
• Strong analytical skills and experience with cash flow modeling and analysis, budgeting, financial reporting, and interpreting data
• Creative problem-solving skills for defining, developing, and executing asset management strategies
• Understanding of standard real estate practices and investment trends
• Knowledge of construction and redevelopment terminology for overseeing the budgeting and planning of capital projects
• Working knowledge of legal terminology for interpreting and negotiating a variety of real estate agreements
• Ability and desire to utilize industry expertise and leadership skills to mentor junior team members
• Understanding of the various real estate valuation approaches and techniques
• Strong financial modeling skills (ARGUS, Microsoft Excel)
• Candidates applying for roles requiring travel must hold a valid, non-expired driver’s license

Experience with Power BI

• Competitive compensation
• Annual bonus plan
• Leading-edge, human-centric benefits package