4-MONTH CONTRACT ROLE | Real Estate Asset Manager at LG Group

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

14 Apr, 26

Salary

65.0

Posted On

14 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Asset Management, Real Estate Development, Financial Analysis, Property Operations, Project Management, Communication, Analytical Skills, Risk Management, Operational Strategy, Budgeting, Market Analysis, Team Coordination, Problem Solving, Construction Management, Leasing, Sustainability

Industry

Construction

Description

Description LG Group is seeking a 4-month, contract position for a temporary maternity cover for the Asset Manager role on the LG Development team for March 2026 thru June 2026. Company Overview LG Development is an integrated real estate development firm driven by ingenuity, teamwork, and expertise. As part of LG Group, we provide a seamless, holistic approach by combining finance, design, marketing, leasing, and management under one roof. This collaborative model fosters innovative thinking and strategic risk management throughout each phase of the development process. With a diverse portfolio spanning hospitality, retail, core and shell, residential, and multi-family projects, we are dedicated to creating spaces that blend function, beauty, and sustainability while delivering exceptional value to our partners and clients. Role Summary The Asset Manager is responsible for maximizing the operational and financial performance of LG Group’s real estate portfolio across the full asset lifecycle—from acquisition through stabilization and ongoing operations. This role serves as a strategic partner to Development, Construction, Leasing, Property Management, and Finance, ensuring assets are positioned to meet proforma expectations, operational standards, and long-term investment goals. The Asset Manager brings a strong analytical mindset, hands-on operational oversight, and cross-functional coordination to drive value, mitigate risk, and ensure disciplined execution at each stage of the asset’s life. Key Responsibilities Acquisition Analyze and manage market rent data for comparable properties to support underwriting and acquisition decisions. Solicit and evaluate property management proposals for consulting and operational planning purposes. Solicit, review, and compare insurance proposals to support acquisition diligence and risk management. Pre-Development Develop an individual building plan of operations for each project, aligning operational strategy with the project’s business plan and proforma assumptions. Partner with Development and Finance to ensure operational inputs are integrated into early project planning. Pre-Construction Manage and track an asset-specific “Upgrade Wishlist,” aligning scope enhancements with budget, return expectations, and long-term asset performance. Conduct site inspections and manage punchlist items to ensure readiness for construction and future operations. Construction Define marketing plan specifics and required deliverables in coordination with Leasing and Marketing partners. Coordinate marketing floorplans between designers and leasing teams to ensure alignment with leasing strategy and branding standards. Coordinate the assembly of the building operations plan, ensuring operational readiness ahead of delivery and lease-up. Lease-Up Manage the close-out process and regularly report progress to internal stakeholders. Oversee and report on the build-out progress of retail and office tenants, coordinating with Construction, Leasing, and Property Management teams as needed. Ongoing Asset Management Track and report monthly revenue and expenses against approved budgets and proforma expectations. Monitor and report on building conditions through regular site observation and coordination with property management. Compile annual operating budgets for each project in collaboration with Finance and Property Management. Monitor ongoing insurance costs and assist with re-pricing, renewals, and coverage optimization as necessary. Compensation Range is $50-65/hour with an anticipated 40 hours per week during the 4-month contract period. Requirements Qualifications for Success Bachelor’s degree in construction management, Real Estate Development, Architecture, Engineering, Business, or related field. 5+ years of work experience in asset management, real estate development, property operations, or a related field. Strong financial acumen with the ability to analyze budgets, proformas, and operating statements. Working knowledge of leasing, construction, and property management processes. Highly organized, detail-oriented, and comfortable managing multiple assets and priorities simultaneously. Strong communication skills with the ability to coordinate across internal teams and external partners. Proactive, solutions-oriented mindset with a focus on long-term asset performance and value creation.

Responsibilities

The Asset Manager is responsible for maximizing the operational and financial performance of the real estate portfolio throughout its lifecycle. This includes managing acquisitions, overseeing construction, and ensuring ongoing asset management aligns with strategic goals.