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Lincoln Property Company

Director, Asset Management

Lincoln Property Company, Chicago, Illinois, United States, 60290


Lincoln Property Company does not accept unsolicited resumes from third-party recruiters unless they were contractually engaged by Lincoln Property Company to provide candidates for a specified opening. Any such employment agency, person or entity that submits an unsolicited resume does so with the acknowledgement and agreement that Lincoln Property Company will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity. At this time, we are not working with any agencies.Exciting Opportunity Coming in 2025: Join Us in Q1 for a Dynamic New Role!Based in Chicago and reporting to the separate account portfolio managers, the Director will have responsibility over all strategic, transactional, and operations issues for a to-be-determined portfolio of primarily office and industrial assets located across the United States.Specific responsibilities include:Create strategic plans for each asset depending on the property's individual requirements including valuations, cash flow projections, review and approval of annual operating and capital budgetsSet, evolve, and execute redevelopment, leasing, and sale plans and direct all aspects of relationships with regional partners and providers of third party services including property managementAggressively and proactively predict and respond to dynamic market conditionsOversee the budget process for all assets under their managementWork closely with leasing staff, regional partners, and third-party contractors to structure, negotiate, review and execute leases within portfolio of assetsMonitor the overall performance of assigned properties against plan and budgetPlan for and anticipate the cash flow needs for the assets as well as the underlying investors, monitor cash in/out of property accounts, and oversee all draw disbursementsProvide high quality lender and investor reportingSupport the execution of acquisitions, financings, and refinancings as requiredContinuously keep senior management, clients, and investors aware and up to date on evolving strategies and resultsProvide strategic, investment, and analytical direction and oversight to regional partners, third party service providers, and internal company personnel in creating and executing asset and portfolio plansQualifications:Qualified professionals will have a minimum of seven to ten years of demonstrable success in the management of a portfolio of complex, diverse commercial real estate, including office, industrial, multifamily, and medical office. Additional experience in asset/portfolio reporting is strongly desired.Qualified candidates must possess the following requirements and characteristics:Proven track record of success and leadership, with past accomplishments clearly demonstrating a creative hands-on approach to, and understanding of, operations, leasing, development, capital markets, financing, marketing, investment, and ownership issues in managing challenging, value-add real estate propertiesAbility to positively impact such factors in continually meeting and exceeding ambitious investment/return performance objectivesProven experience successfully creating value at all phases of a property's life cycle, from acquisition through disposition is essentialAptitude in reviewing and understanding sophisticated financial statements, leases and loan documentsAbility to effectively manage less experienced analyst and associate staff to optimize work production while providing a mentoring relationshipManaging and holding accountable regional partner relationships at both the development and operating levels is keyBe conversant with industry trends and competitor firmsA collaborative team player exceling in a professional environment characterized by empowered decision-making authority and a flat organizational structureStrong computer skills including Excel, Word, and ARGUSGood interpersonal instincts with the ability to constructively reconcile differences in a positive mannerExcellent oral and written communication skillsUnquestionable integrity and a strong work ethicA bachelor's degree is requiredCompensation:Given the importance of this person's contribution to the company, Lincoln is prepared to pay a market competitive salary and a performance-based incentive.About Lincoln Property CompanyLincoln Property Company ( Lincoln ) is one of the largest private real estate firms in the United States. Offering a fully integrated platform of real estate services and innovative solutions to owners, investors, lenders and occupiers, Lincoln supports the entire real estate lifecycle across asset types, including office, life science, retail, industrial, data center, production studio, healthcare, government, universities, and mixed-used properties, throughout the United States, United Kingdom, and Europe. Lincoln's combined management and leasing portfolio on behalf of institutional clients includes more than 510 million square feet of commercial space. In addition to providing third-party real estate services, Lincoln has completed over 150 million square feet of development since its inception in 1965 and has another $20 billion currently under construction or in the pipeline. For more information, visit: .All job offers are contingent on completion of a background check and proof of eligibility to work in the United States.By submitting your information or resume in response to this opportunity, you acknowledge that your personal information will be handled in accordance with Lincoln Property Company's privacy policy.