LG Group · 4 days ago
4-MONTH CONTRACT ROLE | Real Estate Asset Manager
Chicago,IL,US
Full-time, Contract
Onsite
Senior Level
$50/hr - $65/hr
5+ years expLG Group is an integrated real estate development firm seeking a temporary Asset Manager for a 4-month contract. The role is responsible for maximizing the operational and financial performance of the real estate portfolio, ensuring strategic alignment across various departments throughout the asset lifecycle.
ConstructionProperty DevelopmentReal Estate
Responsibilities
Analyze and manage market rent data for comparable properties to support underwriting and acquisition decisions
Solicit and evaluate property management proposals for consulting and operational planning purposes
Solicit, review, and compare insurance proposals to support acquisition diligence and risk management
Develop an individual building plan of operations for each project, aligning operational strategy with the project’s business plan and proforma assumptions
Partner with Development and Finance to ensure operational inputs are integrated into early project planning
Manage and track an asset-specific 'Upgrade Wishlist,' aligning scope enhancements with budget, return expectations, and long-term asset performance
Conduct site inspections and manage punchlist items to ensure readiness for construction and future operations
Define marketing plan specifics and required deliverables in coordination with Leasing and Marketing partners
Coordinate marketing floorplans between designers and leasing teams to ensure alignment with leasing strategy and branding standards
Coordinate the assembly of the building operations plan, ensuring operational readiness ahead of delivery and lease-up
Manage the close-out process and regularly report progress to internal stakeholders
Oversee and report on the build-out progress of retail and office tenants, coordinating with Construction, Leasing, and Property Management teams as needed
Track and report monthly revenue and expenses against approved budgets and proforma expectations
Monitor and report on building conditions through regular site observation and coordination with property management
Compile annual operating budgets for each project in collaboration with Finance and Property Management
Monitor ongoing insurance costs and assist with re-pricing, renewals, and coverage optimization as necessary
Qualification
Required
Bachelor's degree in construction management, Real Estate Development, Architecture, Engineering, Business, or related field
5+ years of work experience in asset management, real estate development, property operations, or a related field
Strong financial acumen with the ability to analyze budgets, proformas, and operating statements
Working knowledge of leasing, construction, and property management processes
Highly organized, detail-oriented, and comfortable managing multiple assets and priorities simultaneously
Strong communication skills with the ability to coordinate across internal teams and external partners
Proactive, solutions-oriented mindset with a focus on long-term asset performance and value creation
Company
LG Group
LG Group is a full service real estate development, construction, and design firm. LG Development is anchored by ingenuity, teamwork, and expertise.
51-200 employees
H1B Sponsorship
LG Group has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (1)
2022 (3)
2021 (1)
Funding
Current Stage
Growth StageLeadership Team
Brian Goldberg
Chief Executive Officer
Jennifer Albert
Chief Financial Officer
Recent News
Business Journals
2022-08-23
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