Asset Manager, Commercial Real Estate

Are you passionate about managing assets and maximizing returns in the dynamic world of commercial real estate? Northern Trust is seeking a highly skilled and driven individual to join our team as an Asset Manager in our Commercial Real Estate division. In this role, you will have the opportunity to work with a diverse portfolio of properties and collaborate with a talented team to drive strategic investment decisions. We are looking for someone with a strong background in real estate asset management, excellent analytical skills, and a client-centric mindset. If you are a motivated self-starter with a passion for real estate and a desire to excel in a fast-paced environment, we want to hear from you!

1. Manage a diverse portfolio of commercial real estate assets to maximize returns and minimize risk.
2. Collaborate with a team of professionals to develop and implement strategic investment plans for each property.
3. Conduct thorough analyses of market trends, property performance, and financial data to inform investment decisions.
4. Monitor and report on the performance of assets, identifying areas for improvement and developing action plans to increase profitability.
5. Maintain strong relationships with clients, providing regular updates and addressing any concerns or issues.
6. Stay current on industry trends and best practices in real estate asset management to inform decision-making and add value to the team.
7. Develop and maintain detailed asset management plans for each property, including budgets, leasing strategies, and risk management plans.
8. Collaborate with property managers, leasing agents, and other stakeholders to ensure properties are well-maintained and vacancies are filled.
9. Oversee financial reporting and budgeting for each property, ensuring accuracy and timeliness.
10. Act as a liaison between clients and internal teams, providing exceptional customer service and addressing any client needs or concerns.
11. Continuously evaluate and improve processes and procedures to increase efficiency and effectiveness.
12. Keep abreast of local, state, and federal regulations related to commercial real estate and ensure compliance.

According to JobzMall, the average salary range for a Asset Manager, Commercial Real Estate in Chicago, IL, USA is $83,000 - $136,000 per year. However, this can vary depending on factors such as experience, location, and company size.

Northern Trust Corporation is a financial services company that caters to corporations, institutional investors, and ultra high net worth individuals. It is one of the largest banks in the United States and one of the oldest banks in continuous operation.