Job Description

About Bradford Allen:

Bradford Allen is a Chicago-based, national commercial real estate firm that offers a full array of brokerage services to entrepreneurial, not-for-profit, and corporate business entities. Our realty services team provides strategy, marketing, and transaction execution for occupiers, investors, and owners of commercial real estate. Bradford Allen professionals create flexible solutions through a high level of expertise, persistence, and a singular focus on client objectives. Our integrated services platform includes Tenant Representation, Landlord Representation, Property & Asset Management, Consulting & Advisory Services, and Project & Construction Management.

Bradford Allen professionals create flexible solutions for our clients through their experience, commitment to solving the most difficult problems, persistence, loyalty, hard work, and a singular focus on client objectives.

Position Summary:

The Director of Asset Management will serve as the dedicated asset management professional within Bradford Allen’s growing multifamily division. Reporting to the Executive Vice President of Asset Management, this individual will play a critical role in shaping the asset management function for the firm’s multifamily investments. This role is responsible for overseeing the financial and operational performance of a portfolio that includes newly developed properties in lease-up as well as stabilized assets. The Director will collaborate closely with internal teams and external partners to ensure that assets meet strategic objectives, adhere to business plans, and maximize value for investors.

This position offers the opportunity to help build out the asset management framework for the multifamily division, leveraging the firm's established commercial office asset management platform while tailoring processes, policies, and best practices to multifamily investments.

Key Responsibilities:

• Strategic Leadership & Process Development: Establish asset management best practices, reporting frameworks, and operational procedures as the multifamily division scales.
• Portfolio Oversight: Provide financial and operational oversight for a growing portfolio of multifamily assets, ensuring business plan execution and performance optimization.
• Investment Performance Management: Monitor and drive asset performance to meet financial targets, occupancy goals, and operational benchmarks.
• Budgeting & Business Planning: Lead the development and execution of annual business plans, budgets, and capital strategies for each asset.
• Capital Projects & Renovations: Oversee capital improvement projects, ensuring alignment with investment objectives, timelines, and budgets.
• Stakeholder Collaboration: Serve as the primary liaison between asset management and property managers, leasing agents, legal counsel, consultants, lenders, and contractors.
• Investor & Lender Reporting: Oversee preparation and presentation of reporting to investors, lenders, and ownership.
• Acquisitions & Due Diligence: Support the acquisitions team by providing asset management insights during underwriting, due diligence, and business plan development for new investments.
• Lease-Up & Operations Optimization: Work with property management teams to drive leasing strategies, revenue growth, and operational efficiencies for new developments and existing assets.
• Negotiations & Agreements: Lead or assist in negotiating property-level agreements, including leases, amendments, listing agreements, and management contracts.
• Market Intelligence & Benchmarking: Maintain knowledge of industry trends, market conditions, and competitive positioning to inform strategic decision-making.
• Frequent Property Tours & Site Visits to assess operations, capital needs, and overall asset performance.

Qualifications:

• Bachelor’s degree in real estate, finance, business, accounting, economics, or a related field.
• 5+ years of experience in asset management, acquisitions, or a related role with a focus on multifamily properties.
• Strong financial and analytical skills, with experience in budgeting, financial modeling, and investment analysis.
• Experience managing lease-ups for new construction multifamily developments.
• Familiarity with capital projects and property-level renovations.
• Ability to collaborate cross-functionally and communicate effectively with senior leadership, investors, and third-party partners.
• Self-starter with an entrepreneurial mindset and the ability to operate within a small team in a growing division.
• Strong proficiency in Microsoft Office Suite and relevant real estate software platforms.
• Ability to travel for property visits as needed.

Benefits:

• 401(k) matching
• AD&D & LTD insurance
• Dental insurance
• Health insurance
• Vision insurance
• Health savings account
• Paid time off

This is an exciting opportunity for a motivated professional to take a leadership role in shaping the asset management strategy for a growing multifamily platform within an established real estate firm. 

Job Tags

Similar Jobs