VP Asset Management Multifamily
@ Heitman

Chicago, IL
$165,000
On Site
Full Time
Posted 4 days ago

Your Application Journey

Personalized Resume
Apply
Email Hiring Manager
Interview

Email Hiring Manager

XXXXXXXXX XXXXXXXXXXX XXXXXXXX****** @heitman.com
Recommended after applying

Job Details

Role Overview

The VP Asset Management Multifamily at Heitman is a strategic and results-driven role focusing on optimizing and overseeing diverse multifamily real estate portfolios. This role requires strong relationship-building skills and collaboration with internal teams (Portfolio Management, Acquisitions, Financial Operations & Analysis) and external partners including joint venture stakeholders and third-party property managers.

Responsibilities

  • Manage diverse multifamily portfolios with apartment focus.
  • Implement asset management strategies such as forecasting, leasing plans, capital budgeting, and risk-return analysis.
  • Utilize data analytics to inform strategy and drive performance improvements.
  • Oversee leasing strategies and third-party property management teams.
  • Lead value-add initiatives including renovation programs.
  • Prepare budgets, valuations and support financial analyses.
  • Conduct market research, property inspections, and support acquisition due diligence.
  • Serve as primary relationship manager for joint venture partners.
  • Lead disposition efforts and assist with financings/refinancings.
  • Present strategic recommendations to senior leadership.

Qualifications

  • Minimum 10 years in real estate with 5+ in multifamily asset management.
  • Expertise in asset management strategy, financial modeling (ARGUS, Excel, Power BI) and market analysis.
  • Strong leadership, communication, and relationship management skills.
  • Experience with legal documentation and construction/redevelopment terminology.
  • Ability to mentor junior team members.

Location & Work Environment

This position is based in the Chicago office with a hybrid work arrangement and requires moderate to extensive travel.

About Heitman

Founded in 1966, Heitman is a global real estate investment management firm. Our mission is to lead the evolution of real estate through strategic investments. We offer competitive compensation, bonus eligibility, and a comprehensive benefits package that supports both personal and professional growth.

Key skills/competency

  • Asset Management
  • Multifamily
  • Portfolio Management
  • Financial Modeling
  • Data Analytics
  • Budgeting
  • Market Analysis
  • Relationship Management
  • Renovation Strategy
  • Joint Venture

How to Get Hired at Heitman

🎯 Tips for Getting Hired

  • Customize your resume: Highlight asset management and multifamily expertise.
  • Research Heitman: Understand its history, culture, and market position.
  • Showcase analytical skills: Prepare examples of financial models and strategies.
  • Prepare cross-functional experiences: Emphasize teamwork with acquisitions and finance.
  • Practice interview insights: Be ready to discuss strategic initiatives and market trends.

📝 Interview Preparation Advice

Technical Preparation

Review financial models and ARGUS software.
Brush up on Excel and Power BI skills.
Analyze multifamily market data trends.
Study capital budgeting and ROI techniques.

Behavioral Questions

Describe a challenging asset re-positioning scenario.
Explain teamwork with cross-functional stakeholders.
Detail a strategic decision under tight deadlines.
Discuss conflict resolution with property managers.

Frequently Asked Questions