Associate, Asset Management

LivCor LLC; Chicago (IL); On-site; USD 120,000 - 140,000; Full time

Benefits offered by this job

401(k) match

Healthcare benefits

Paid holidays & PTO

Job summary

LivCor LLC is seeking an Associate, Asset Management to support the Florida portfolio. The role can be based in Chicago or Atlanta and focuses on maximizing the value of Florida assets.

You will collaborate with internal teams and external partners, preparing business plans and underwriting for valuations. This position requires 3–5 years in real estate investment, solid finance knowledge, and strong communication and team-player attitude.

Qualifications

• Bachelor's degree or equivalent in Business, Finance or Real Estate.
• 3–5 years of real estate investment experience.
• Familiarity with real estate finance, operations and analysis.
• Excellent verbal and written communication.
• Strong interpersonal and cross-functional collaboration skills.
• Understand quantitative data, trends and market reports.
• Knowledge of multifamily operations and value-add opportunities.

Responsibilities

• Assist with oversight of a portfolio of assets and assess economics and capital-market opportunities.
• Collaborate with internal teams and partners to optimize portfolio performance.
• Prepare asset strategy reviews and guide asset and operating teams.
• Prepare underwriting for valuations, dispositions, and hold/sell analyses.
• Provide analytical support for investment positioning and risk factors.
• Participate in property visits and market tours to gain submarket insight.
• Develop long-term capital plans aligned with the business plan.
• Assist in acquisition underwriting and due diligence as needed.
• Engage with local industry organizations and maintain networks.

Skills

Real estate finance

Analytical skills

Communication skills

Interpersonal skills

Team player

Market knowledge

NPV/IRR analysis

Education

Bachelor's degree in Business/Finance/Real Estate

Tools

Excel

Financial modeling

Job description

LivCor ,a Blackstone portfolio company, is a real estate asset management business specializing in multi-family housing. Formed in 2013 and headquartered in Chicago,LivCoris currently responsible for a portfolio of over 400 Class A and B propertiescomprisingmore than 150,000 units in markets across the United States.

Our business is focused on making real estate more valuable. But for us,it’smore than that.It’speople first, community always.It’sa life-filled career, not just a career-filled life.It’sdoinggood work, with good humans, and making a difference.It’sexcellencein all its forms.Ultimately, wecreategreat placesto work, live, and grow. We do that by focusing on leaving people – and places – better than we found them.

Whew! Still with us? Cool.Let’stalk about whereyou’dfit in:

Only read further if you are:

Kind

Humble

Relentless

Smart with Heart

You should be:

Authentic.You do you. Together,we’lldo something amazing.

Apassionate personwith a love for real estate andinvesting;and believes that helping others win is a noble cause, essential to our success.

Anexcellent team playerwho enjoys working with others and has strong interpersonal skills.

Highlymotivated,energetic,andorganized.

Job Description

LivCor is seeking an Associate, Asset Management to support the Florida portfolio. The Associate will be based in either Chicago or Atlanta, and will aid in maximizing the value of the company’s Florida assets.

What you will do:

• Assistwith oversight of a portfolio of assets,identifyingthe economic viability and capital-markets outcome opportunity for each
• Collaborate with various internal teams, and as applicable third-party operating partners, tooptimizeportfolio performance
• Prepare the asset strategy review (business plan) for assigned assets andassistin guiding the asset and operating team through the plan
• Prepare underwriting for property valuations, dispositions, & hold/sell analyses
• Provide analytical support in understanding all critical aspects of the asset’s investment positioning, including proactively solving for any obstacles that might hinder a sale such as JVs, ground leases, commercial components, tax considerations,and others
• Participate in property visits and market tours to build operating relationships and gainexpertisein submarket dynamics
• Assess capital needs and work with capital team to develop a long-term plan thataligns withthe business plan
• Assessrepositioning&unit upgradeopportunitiesand work with various internal teams to ensure success of said programs
• Participate in the development ofannual operating and capital budgetsto aligninvestment strategies and objectives
• Supportas neededon acquisition underwriting, providing market and leasing assumptions andparticipatingin other due diligence activities, as necessary
• Active participation in local industry organizations is encouraged.
• Maintain an extensive network of industry relationships to say current on regional and local market trends
• 20-25% travelrequired

Qualifications

What you should have:

• Bachelor’s degree, preferably in Business, Finance, Real Estate, or other relevantarea.
• 3 -5years ofreal estate investmentexperience, supporting either FPA, Investments, or Asset Management
• Familiarity with the general principles of real estatefinance, including operations and analysis, budgeting, financial reporting, cash management,general accounting, and NPV/IRR analysis.
• Effectivecommunicationskills,both verbally and in writing
• Stronginterpersonal, communication,and listening skills tobuildstrong working relationships with all levels of management andacrossfunctional teams
• Ability to understand and interpret quantitative data, trends, and market reports
• Understanding ofmultifamilyoperations, value-add opportunities, marketknowledge,and competitorpositioning
• Solutions-oriented,motivated, team-playerthat thrives in a fast paced, dynamic environment with multiple and evolving priorities and deadlines
• Strong real estate intellectual curiosity– the position offerstremendous opportunity for growth!

Additional Information

Whatweoffer:

We believe that when we take care of our people, everything else follows.We’recommitted to clear expectations, honest feedback, and helping you grow.That’swhy we foster a culturethat’scollaborative, inclusive, and refreshingly ego-free. We are good neighbors thatlead withempathy, embrace curiosity, and put trustatthe heart of everything we do. Together, we strive for excellence.

We deeply value diversity inall itsforms. We want people who sound, think, love, and live differently from one another. Thisisn’ta footnote—it’sfoundational.

TheLivCorianValues:

Be you. Be Real. Be Open. You do you. Together, we will do something amazing.

Care,Always.Wedon’twant to let anyone down.

Courageously Curious.We love to learn, even when it hurts.

Help Others Win, Be A Good Neighbor.This is about ‘We, not Me.’

Relentless Hustle,Heart& Humility. Work hard. Be Kind. Make Better.

Now, on to the practical stuff:

Generous 401(k) match to help youplan for the future

Fertility, adoption, and surrogacy support to grow your family your way

Base Compensation Range:

$120,000 - $140,000 annually. Thisrepresentsthe presentlyanticipatedlow and high end of the Company’s base compensation range for this position. Actual base compensation range may vary based onvarious factors, including but not limited to location and experience.

Total Direct Compensation:

This job is also eligible for a discretionary bonus on an annual basis.

The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paidholidaysand paid time off (PTO).

Theadditionaltotal direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, and other materials or documents as in effect from time to time, including but not limited to terms and conditionsregardingeligibility.

EEO Statement:LivCoris an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed service member status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email[emailprotected]

LivCoris proud to be a US EPA ENERGY STAR Partner