Commercial Real Estate Asset Manager

JOIN OUR TEAM

Bridge33 Capital is a rapidly growing, vertically integrated real estate private equity firm focused on open-air retail real estate.  The Company recently raised $458MM in its latest opportunistic fund, marking a key milestone for the company.

We are looking to hire an Asset Manager. As part of the Asset Management team, this position is instrumental in the Company’s growth, and is responsible for developing and implementing a strategy for an assigned portfolio of properties and contributing to building the asset management platform.  This position reports to the Director of Asset Management. This is an in-person role based out of our Chicago office.  Come make your mark as an integral part of Bridge33 Capital! 

MISSION

We build relationships and create value where others don’t.

KEY PRINCIPLES

We’re Better Together | We’re Here to Serve | We crush our egos, and we have empathy for teammates | We stay positive | We embrace accountability, and we champion results.

ESSENTIAL RESPONSIBILITIES

• Responsible for the full life cycle of an asset portfolio, including onboarding new assets, formulating and executing value-add strategies, managing stabilized assets, and determining the optimal time to sell
• Accountable for independently formulating and executing short-and long-term asset strategies, while aligning with the broader strategic objectives of the company.  Professionally and effectively present recommendations and performance insights to senior management and related partners
• Conduct regular portfolio reviews, market analyses, and property evaluations to identify opportunities for value enhancement. Foster a culture of collaboration, accountability, professional development and results.
• Manage and mentor a team of Asset Management Associates and Analysts.  Maintain a deep understanding of retail properties, the time value of money, complex deal structures, real estate finance, leasing, property management, and construction.
• Ability to review, analyze and comment on the financial information produced by your team, including the expertise to evaluate and assess complex financial models.
• Identify and implement processes, metrics, and benchmarks to enhance reporting and performance tracking for portfolio projects.
• Provide regular status updates on portfolio assets through relevant reports and supporting documentation to senior management and real estate committees.
• Proactively propose corrective solutions to mitigate risk.
• Perform other related duties as assigned.

Requirements

QUALIFICATIONS:

• 10-15 years’ experience in retail real estate asset management or equivalent experience in the retail asset class, including the ability to assess the physical condition of a property, its marketability, and its management. Extensive experience with retail assets is required.
• Demonstrated ability to work independently, take initiative, set priorities, follow through on assignments, assess changing conditions, and make recommendations with supporting analysis.
• Strong problem-solving skills, particularly in the face of ambiguity.
• Self-motivated with an effective interpersonal and collaborative working style, along with a strong work ethic and a “roll up your sleeves” attitude.
• Expert Excel skills and familiarity with Google productivity tools.
• Excellent analytical skills and a strong sense of urgency.

Benefits

WHAT WE OFFER:

• Fast paced and dynamic work environment, including frequent interaction with the senior management team
• Flexible time off policy
• Company sponsored medical, dental and vision insurance
• Company paid life insurance
• Company paid short- and long-term disability insurance
• Paid parental leave
• 401k plan with Company match
• 11 paid holidays

The annual base salary range for this role is $175K - $225K, and eligible for an annual discretionary bonus.

Bridge33 provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetic information, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.  Bridge33 is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs and activities.  To request reasonable accommodation, please contact our Human Resources department at [email protected]