Irvine Company Chicago
Senior Manager, Asset Management - Office ($138,500 - $181,400)
Irvine Company Chicago, Irvine, California, United States, 92713
Senior Manager, Asset Management - Office
Chicago, IL (Irvine Company Chicago)
Position Summary This role primarily focuses on financial analysis and valuation of real estate assets, utilizing models such as Net Present Value (NPV), Internal Rate of Return (IRR), and Discounted Cash Flow (DCF) in tools like ARGUS and Excel. Responsibilities include annual property valuations and underwriting for leases and acquisitions, preparing investment theses, and actively participating in the creation and monitoring of property business plans and performance. The role also involves market research and cross‑functional collaboration with property teams to inform financial and strategic decisions.
Job Duties
Model and analyze financial concepts, including NPV, IRR, and DCF; maintain ARGUS and Excel models for assigned properties.
Conduct annual internal property valuations and provide analytical and underwriting support for leases, tenant credit worthiness, capital investments, new developments, and acquisitions.
Prepare investment theses, deliverables, and financial exhibits to support key investment decisions.
Participate in creating annual property business plans and monitoring asset performance against benchmarks such as cash flows, leasing goals, and forecast yields.
Participate in quarterly property reviews and forecasts, creating summary reports on budget variances, occupancy, and operating metrics.
Monitor and collect data on market conditions, pricing trends, and competitor research to support business plans.
Work closely with property operations, leasing, and asset management teams to gather input for business plans and valuation/investment analysis.
Minimum Qualifications / Other Expectations
Bachelor’s degree with a preferred major in business and/or real estate and/or equivalent experience; MBA preferred.
Five or more years of experience in real estate finance or an analytical role.
Experience with financial statement analysis and a strong understanding of corporate finance concepts.
Superior Excel modeling capability; ARGUS experience preferred.
Compensation Base Pay Range: $138,500.00 – $181,400.00. Actual placement within this range may vary based on experience, performance, and location.
Benefits Competitive benefits for full‑time employees, including paid time off, 401(k) matching, and health benefits.
About Us Irvine Company Office Properties, a division of Irvine Company, manages a portfolio of over 550 office buildings in premier locations across the United States. We transform traditional office spaces into modern working communities, blending innovative design with quality craftsmanship and a vibrant workplace culture.
Irvine Company is committed to providing equal opportunity in all of our employment practices, including selection, hiring, promotion, transfer, compensation, termination, and training, without regard to race, religion, color, sex, sexual orientation, gender identity, national origin, ancestry, citizenship status, marital status, pregnancy, age, medical condition, genetic information, military and veteran status, disability, or any other basis protected by federal, state, and local law. Reasonable accommodation is available for qualified individuals with disabilities upon request.
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Position Summary This role primarily focuses on financial analysis and valuation of real estate assets, utilizing models such as Net Present Value (NPV), Internal Rate of Return (IRR), and Discounted Cash Flow (DCF) in tools like ARGUS and Excel. Responsibilities include annual property valuations and underwriting for leases and acquisitions, preparing investment theses, and actively participating in the creation and monitoring of property business plans and performance. The role also involves market research and cross‑functional collaboration with property teams to inform financial and strategic decisions.
Job Duties
Model and analyze financial concepts, including NPV, IRR, and DCF; maintain ARGUS and Excel models for assigned properties.
Conduct annual internal property valuations and provide analytical and underwriting support for leases, tenant credit worthiness, capital investments, new developments, and acquisitions.
Prepare investment theses, deliverables, and financial exhibits to support key investment decisions.
Participate in creating annual property business plans and monitoring asset performance against benchmarks such as cash flows, leasing goals, and forecast yields.
Participate in quarterly property reviews and forecasts, creating summary reports on budget variances, occupancy, and operating metrics.
Monitor and collect data on market conditions, pricing trends, and competitor research to support business plans.
Work closely with property operations, leasing, and asset management teams to gather input for business plans and valuation/investment analysis.
Minimum Qualifications / Other Expectations
Bachelor’s degree with a preferred major in business and/or real estate and/or equivalent experience; MBA preferred.
Five or more years of experience in real estate finance or an analytical role.
Experience with financial statement analysis and a strong understanding of corporate finance concepts.
Superior Excel modeling capability; ARGUS experience preferred.
Compensation Base Pay Range: $138,500.00 – $181,400.00. Actual placement within this range may vary based on experience, performance, and location.
Benefits Competitive benefits for full‑time employees, including paid time off, 401(k) matching, and health benefits.
About Us Irvine Company Office Properties, a division of Irvine Company, manages a portfolio of over 550 office buildings in premier locations across the United States. We transform traditional office spaces into modern working communities, blending innovative design with quality craftsmanship and a vibrant workplace culture.
Irvine Company is committed to providing equal opportunity in all of our employment practices, including selection, hiring, promotion, transfer, compensation, termination, and training, without regard to race, religion, color, sex, sexual orientation, gender identity, national origin, ancestry, citizenship status, marital status, pregnancy, age, medical condition, genetic information, military and veteran status, disability, or any other basis protected by federal, state, and local law. Reasonable accommodation is available for qualified individuals with disabilities upon request.
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