Senior Director, Asset Management - Chicago

Tishman Speyer creates vibrant destinations and dynamic environments that inspire innovation and connected communities. As a diversified developer, operator, and investment manager of top-tier real estate in 33 markets across the globe, our business choices are driven by the belief that real estate should unlock human potential. Tishman Speyer’s diversified portfolio spans market rate and affordable residential communities, premier office properties and retail spaces, industrial facilities, and mixed-use campuses. We create state-of-the-art life science centers through our Breakthrough Properties joint venture, and foster innovation through our strategic proptech investments. By combining global perspective with local expertise, and a personalized approach, we are able to anticipate our customers’ evolving needs. We were the first real estate company to introduce asset-wide amenity services through our ZO platform, and the first traditional real estate company to create its own flexible space and coworking brand, Studio.

Since our founding in 1978, Tishman Speyer has acquired, developed, and operated 522 properties, totaling 218 million square feet, with a combined value of over $129 billion (U.S.). Tishman Speyer currently has approximately $68 billion in assets under management, including iconic properties such as Rockefeller Center in New York City, The Springs in Shanghai, TaunusTurm in Frankfurt, and Mission Rock in San Francisco.

Summary of the Position:

This individual will join as member of the Chicago Asset Management team, primarily responsible for asset performance analysis, developing business plans, quantitative financial modeling, and reporting for the Chicago office portfolio. This is a highly analytical and strategic role that requires a combination of strong financial acumen, operational thinking, and deep understanding of the investment drivers of institutionally owned office and retail properties as well as solid communication and project management skills.

Key Responsibilities:

• Execute on or establish an asset’s business plan; coordinate with investment partners and participate in meetings with internal teams as well third-party consultants, such as architects, engineers, and marketing agencies, in furtherance of the asset’s business plan
• Work with 3rd party leasing team to analyze and negotiate new leasing deals
• Complete market research – through third-party data providers and communication with local brokers – to compile relevant lease comparable, sale comparable, competitive sets, development pipelines, and general market data
• Prepare presentation materials and proposals with responsibility for written and graphic requirements
• Annual budgeting and reforecasting in coordination with property management, design & construction, leasing and accounting teams
• Managing refinancing, loan modification and disposition activities, as they arise
• Analyze and manage tracking of various ongoing capital projects in coordination with design & construction teams and property management
• Ensure that the firm’s properties are well positioned in this evolving market and responding proactively to the changes
• Provide analytical support to assist with the asset management function of existing properties, including quarterly valuations, cash management, hold/sell analyses, and other ad hoc sensitivity analyses

Skills & Qualifications:

• 8+ years of experience in an analytically rigorous Real Estate role, with acquisitions and / or asset management experience in Class A office
• Ability to demonstrate knowledge of the drivers of office property performance, including asset positioning within the market, leasing, physical improvements, marketing, working with brokers and working with property management.
• Is a strong collaborator who can lead and motivate both internal and external team members who are not direct reports.
• Strong creative problem-solving skills.
• Effective written and oral communication skills.
• Proficient in Excel, ARGUS Enterprise, and financial modeling.
• The ability to work effectively with both peers and senior executives in a highly entrepreneurial, team-oriented environment.
• Unwavering attention to detail

Tishman Speyer is deeply committed to creating and maintaining a diverse workforce which promotes different views and perspectives. We expect our leaders and employees alike to champion diversity and inclusion practices. Tishman Speyer has several employee affinity and interest groups that provide employees opportunities to develop professional relationships across the business and identify opportunities for development and advancement.

We are proud to be an Equal Opportunity Employer and treat all applicants for employment equally based upon job-related qualifications and without regards to race, color, age, sex, sexual orientation, gender identity, gender expression, marital status, military or veteran status, national origin, disability, religion, or any other characteristics protected by law.