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Support the oversight of property portfolios to maximize financial returns and asset value through financial modeling and strategic planning. Coordinate with internal teams and external partners to manage leasing, refinancing, and the final disposition of assets.
Requirements
Requires an undergraduate degree and 4-8 years of experience as an analyst in commercial real estate development or investment. Must possess strong knowledge of valuation concepts, financing structures, and partnership agreements.
Full job description
Job Description:
Ryan Companies is hiring for an Asset Management Associate in our downtown Chicago office! This Associate is responsible for supporting the oversight of property portfolios to maximize financial returns and asset value. Expertise in financial modeling and property valuation is essential for managing the asset from completion to final disposition. This position encompasses supporting the Asset Management team in all activities including the preparation of quarterly comprehensive asset reviews for each property and forming investment strategies for leasing, refinance and sale. It also includes providing guidance for future development projects to help in underwriting new projects. This position also plays a critical role in bridging the analytical work of the analysts with the Director/VP asset managers.
The Asset Management Team has significant interaction with Ryan coworkers in the Ryan Investment Group (Capital Markets, Asset Management and Portfolio Management) as well as Ryan Developers, outside operators, partners and tenants and/or residents of the properties. The Asset Management team is responsible for ensuring that the services delivered across our multiple platforms are consistent with Ryan’s values and the highest level of customer services is provided for our properties
Some things you can expect to do:
Support the development and implementation of marketing, leasing, and sales strategies to maximize value of assets. Manage the creation and modification of sophisticated financial models in Excel—occasionally taking the lead on the model itself--ensuring accuracy and alignment with the project's investment strategy.
Working alongside Ryan’s accounting team, lead the management of cash flow and property distributions to maximize investment returns.
Develop and manage capital improvement plans, including cost benefit analysis.
Provide leadership and direction to property managers and Senior Living operators. Review and approve operating budgets for properties. Review monthly property reports and cash flow forecasts; follow up with property accountant and operating partners on variances and other concerns.
Partner with Ryan Capital Markets to analyze, negotiate and execute loan refinancings or restructurings.
Partner with Ryan Portfolio Management to complete quarterly reforecasting of property investment returns and participate in quarterly reporting meetings with Ryan senior management.
Lead reporting and communications to Ryan JV partners. Assist with the preparation of investment letters and investment memorandums.
Manage due diligence coordination on sale assets. Assist with research tasks related to overview of competitive market and demographic trends within the portfolio's geographic area. Maintain current knowledge of industry trends and performance of comparable properties.
Provide guidance and mentorship to Capital Markets Analysts and Senior Analysts, reviewing their models and analysis.
To be successful in this role you will need:
Undergraduate degree
4 - 8 years’ experience as an analyst or senior analyst working for a commercial real estate development or investment firm. Asset management experience in multifamily and/or senior living preferred, but not required.
Experience forecasting and modeling commercial real estate investments with strong working knowledge of fundamental valuation concepts.
Knowledgeable on the following aspects of real estate:
Proficient in verbal, written and interpersonal communication skills.
Ability to effectively work independently, as well as with others in a collaborative environment and matrix organizational structure.
Demonstrated ability to plan, organize, prioritize and manage time to effectively meet deadlines.
Attention to detail and quality with a strong focus on customer service and appropriate sense of urgency and good judgment in varied situations.
Ability to concentrate on tasks, make decisions and work effectively in a high-pressure, deadline-oriented environment.
Ability to maintain stamina throughout a standard workday, on- and off-site as well as maintain regular attendance during required work hours.
Commitment to Ryan Values: Safety, Integrity, Respect, Stewardship, Family, Excellence and Fun.
Compensation:
The annual base pay is $120,000 - $150,100. The base salary may vary within the anticipated range based on factors such as the ultimate location of the position and the selected candidate's knowledge, skills and abilities. Position may be eligible for additional compensation that may include commission and/or an incentive program.
Eligibility:
Position requires verification of employment to work in the U.S.
Benefits:
Competitive Salary
Medical, Dental and Vision Benefits
Retirement and Savings Benefits
Flexible Spending and Health Savings Accounts
Life Insurance
Short-Term and Long-Term Disability
Educational Assistance
Paid Time Off (PTO)
Employee Assistance and Wellness Programs
Parenting Benefits
Employee Discount Programs
Pet insurance
Ryan Foundation – charitable matching funds
Paid Time for Volunteer Events
Disclaimer: Eligibility may vary based on factors such as role, hours worked, employment status, length of service, location, and other considerations. Detailed information will be shared with eligible candidates during the hiring process, and the official terms and conditions will be outlined in each individual offer document.
Ryan Companies is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Notice to Candidates:
Please be advised that initial outreach regarding employment at Ryan Companies will only occur via email from the domain @ryancompanies.com email address. If you recieve communication from someone you believe is impersonating Ryan Companies, please report it to us at [email protected]
Non-Solicitation Notice to Recruitment Agencies:
Ryan Companies kindly requests that recruitment agencies and third-party recruiters do not submit unsolicited resumes or candidate information to any Ryan Companies employee or office. Ryan Companies will not be responsible for any fees or expenses associated with unsolicited submissions. If recruitment services are required, we will reach out directly to agencies on our approved vendor list. We appreciate your understanding and cooperation.
At Ryan Companies, we believe the value of the buildings we design, develop, finance, manage and construct is about more than dollars and cents – it’s also about the value they bring to the people who use them and the communities that surround them. That’s why we focus first on the “why” so we can give life to your vision and achieve the best possible outcome.
As a national leader in commercial real estate services, we know that our customers are as unique as their projects. That’s why, day after day, we’re driven to uncover their stories. To be inspired by what inspires them. To bring the right people to the table so we can collaborate on a deeper, more engaging level.
Together, we build something far more profound than the physical presence of a building. We build the backdrops to life’s stories.
At Ryan, our values – Safety, Integrity, Respect, Stewardship, Family, Excellence and Fun – define our culture and they shape and ignite the people who join our team. They are more than words in a mission statement, they are the inspiration that guides our decisions and shapes our belief that we offer something no one else can. In the end, your building is better, your experience working with us more enjoyable, your community more vibrant and your project site safer – all because we embrace our values each day.
Offices: 533 South Third Street, Suite 100, Minneapolis, MN 55415, US · 3900 East Camelback Road, Suite 100, Phoenix, AZ 85018, US · 88 E Broadway Blvd, Tucson, Arizona 85701, US · 4275 Executive Square, Suite 370, La Jolla, California 92037, US · 201 North Franklin Street, Suite 3500, Tampa, Florida 33602, US
ConstructionArchitecture + EngineeringDevelopmentReal Estate Managementand Capital MarketsReal Estate
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