This Opportunity

Heitman is seeking an experienced Asset Manager to join our team. The ideal candidate will bring their subject matter expertise to our North American private equity team to effectively manage assets within clients’ portfolios. This role will be highly collaborative, and the successful candidate will play an important role in building relationships with internal teams, including Portfolio Management, Acquisitions, and Financial Operations & Analysis, as well as effectively partnering with external stakeholders in leasing and property management.

Responsibilities include, but are not limited to:

• Manage a diverse real estate portfolio focused on Student Housing.
• Implement asset management strategies, including income and expense forecasting, leasing plans, capital budgets, value creation activities, and risk-return analyses for assets.
• Plan and organize asset objectives and resources to meet asset needs and financial goals.
• Evaluate performance against budgets, business plans and internal and external benchmarks.
• Anticipate issues that could impact the success of the assets.
• Establish leasing strategies and closely monitor property management teams and/or joint venture partners.
• Prepare annual budgets, business plans, valuations, appraisals, and leasing plans for assets.
• Prepare financial analyses and modeling for asset management decision-making.
• Utilize data analytics regularly to inform asset-level strategy and drive performance.
• Assess the current and projected performance of properties.
• Partner with and oversee third parties responsible for day-to-day operations of the assets.
• Gain expertise in assigned markets through site visits, industry analysis, and networking; collaborate with internal and external teams to adjust property strategy for market shifts.
• Conduct regular property inspections to identify challenges, assess business plans, evaluate third-party operational performance, identify improvement opportunities, and communicate findings.
• Support the acquisitions team in new investment underwriting by providing market and leasing assumptions and participating in due diligence activities, as necessary.

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