nareit logo

The Professionals’ Choice for Real Estate Jobs
  1. Home
  2. Find Jobs
  3. Starwood Retail Partners - Director of Portfolio Management

Starwood Retail Partners - Director of Portfolio Management

Salary
Competitive
Employment
Full Time
Real Estate Field
  • Asset / Portfolio Management
Location
Chicago
 IL
Postal Code
60601
Country
United States

Apply Now

Description


The Director of Portfolio Management will be responsible for owning property and portfolio-level cash flow modeling, monitoring and improving the investment performance as well as supporting capital markets activities. This position is based in Chicago, IL.

Primary Responsibilities:

  • Update and manage Fund investment models used for return, valuation and liquidity analysis
  • Perform a variety of sensitivity and scenarios analyses with respect to potential asset level, capital markets and other strategic transactions or initiatives
  • Manages the end-to-end development of budgets/long-term forecast models, strategic business plans, revenue/expense forecasts, capital projections, and monthly tracking of actual results, which includes:
  • Responsible for understanding and communicating forecast performance versus actual and business plan with properties and corporate departments to ensure we are meeting targets
  • Collaborate with development and leasing to analyze potential value add opportunities across the portfolio
  • Work with SCG debt team on the origination of new loans and refinancing
  • Manage investor and co-investor reporting material on a quarterly and annual basis as well as other ad-hoc Limited Partner or Board presentations
  • Analyze and monitor property level financials and debt obligations
  • Review and approve appraisal reports as completed by third party appraisal management firms and complete annual internal valuations
  • Continually refine and enhance the tools, processes and procedures related within the Asset Management group
  • Perform ad-hoc analyses as requested by executive management
  • Lead and execute special projects as necessary
  • Manage, train, and mentor junior team members

 

Education & Experience:

  • Bachelor’s degree in a real estate, finance, accounting, economics or related field
  • 6-10 years applicable experience required including a minimum of 2 years in an asset/portfolio management role
  • Systems-oriented with deep knowledge and familiarity with Microsoft Office Suite
  • Strong reporting and analytical skills
  • Experience with an organization of new debt or refinancing's, including preferred equity
  • Familiarity with Argus Enterprise preferred
  • Commercial property management experience is a plus
  • Experience in the retail real estate field is essential, preferable within the mall sector
  • Strong financial acumen and ability to articulate financial implications of decisions as well as collaborate with Finance on the impact of those decisions
  • Knowledge of and relationships with financial institutions and key investors
  • Experience in producing and reviewing budgets and long-term forecasts
  • Skilled in conducting meetings and delivering presentations to knowledgeable audiences

 

Professional and Personal Characteristics:

  • Excellent communication, organizational and time management skills
  • Ability to multi-task in a fast-paced environment
  • Positive attitude and ability to work in a team environment
  • Results-oriented and high energy
  • Self-motivated and thrives in an entrepreneurial work environment
  • Creative and innovative approach to solving problems and resolving issues
  • Demonstrated leadership skills
  • Highest level of personal integrity to inspire confidence, respect and trust
  • Comfortable interacting at all levels of the organization and in representing the organization within the industry

 

Other Considerations:

  • Ability to travel is required.
  • Willing and interested in becoming involved in industry trade organizations to engage in networking that will benefit the organization.

 

Starwood Retail provides equal opportunity to all employees and applicants for employment, without regard to race, color, religion, sex, age, national origin, disability, marital or veteran status, or sexual orientation.

Job Function


Not specified

 

Job Sector


Not specified

 

Experience


7+ to 10 years


Apply Now
 
SelectLeaders is where real estate professionals and executives manage their careers, network and come for valuable information about their industry. © 2005 - 2019 SelectLeaders LLC