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Asset Manager (Chicago)

Bridge33 Capital

Chicago, illinois


Job Details

Full-time


Full Job Description

JOIN OUR TEAM

Bridge33 Capital is a rapidly growing, vertically integrated real estate private equity firm focused on open-air retail real estate.  The Company recently raised $458 MM in its latest opportunistic fund, marking a key milestone for the company.

We are looking to hire an Asset Manager. As part of the Asset Management team, this position is instrumental in the Company’s growth, and is responsible for developing and implementing a strategy for an assigned portfolio of properties and contributing to building the asset management platform.  This position reports to the Director of Asset Management, and is a remote role based in Chicago, Illinois.  Come make your mark as an integral part of Bridge33 Capital! 

MISSION

We build relationships and create value where others don’t.

KEY PRINCIPLES

We’re Better Together | We’re Here to Serve | We crush our egos, and we have empathy for teammates | We stay positive | We embrace accountability, and we champion results.

ESSENTIAL RESPONSIBILITIES

  • Responsible for the value-add phase of the asset life cycle, which includes onboarding new assets, evaluating merit and necessity of capital projects gathering input from key stakeholders, and brainstorming to increase occupancy rates across the portfolio.
  • Responsible for formulating and executing short-and long-term asset strategies while deploying the broader strategic objectives of the company.  Professionally and effectively present recommendations and performance information to senior management and related partners.
  • Champion results-based culture. Provide guidance and leadership to Associate an Analyst supports.
  • Maintain strong understanding of retail properties, the time value of money, complex deal structures, real estate finance, leasing, property management, and construction.
  • Be able to review, analyze and comment on the financial information produced by your team. That includes having the experience to open up and evaluate complex financial models.
  • Identify and implement processes, metrics, and benchmarks to improve reporting and performance tracking of portfolio projects.
  • Provide status updates on portfolio assets via relevant reports and supporting documentation on a regular basis to senior management and real estate committees.
  • Identify at-risk projects and propose corrective solutions to senior management.
  • Perform other related duties as assigned.

Requirements

QUALIFICATIONS:

  • 5-10 years’ experience in commercial real estate asset management or equivalent experience in the retail asset class, including the ability to assess the physical condition of a property, its marketability, and its management. Extensive experience with retail assets is strongly preferred.
  • Demonstrated ability to work independently, take initiative, set priorities, follow through on assignments, assess changing conditions, and make recommendations with supporting analysis.
  • Strong problem-solving skills, particularly in the face of ambiguity.
  • Self-motivated with an effective interpersonal and collaborative working style, along with a strong work ethic and a “roll up your sleeves” attitude.
  • Expert Excel skills and familiarity with Google productivity tools.
  • Excellent analytical skills and a strong sense of urgency.

Benefits

WHAT WE OFFER:

  • Fast paced and dynamic work environment, including frequent interaction with the senior management team
  • Flexible time off policy
  • Company sponsored medical, dental and vision insurance
  • Company paid life insurance
  • Company paid short- and long-term disability insurance
  • Paid parental leave
  • 401k plan with Company match
  • 11 paid holidays

Bridge33 provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetic information, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.  Bridge33 is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs and activities.  To request reasonable accommodation, please contact our Human Resources department at hr.requests@bridge33capital.com.

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