Vice President of Asset Management
About the job
- A bachelor's degree in Finance, Real Estate, Business, or a related field, or equivalent experience.
- Eight to twelve or more years of experience in asset management, real estate investment, or private equity.
- Demonstrated experience managing real estate assets and driving net operating income growth.
- Experience with underwriting, financial modeling, and investment analysis.
- Experience leading or managing teams.
- Proficiency in financial modeling tools, Microsoft Excel, and real estate systems.
- U.S. work authorization is required.
- Own the financial performance of an assigned portfolio, including revenue, net operating income, and value growth.
- Develop and execute asset-level and portfolio-level business plans aligned with company strategy.
- Lead value creation efforts through leasing strategy, capital deployment, redevelopment, expense optimization, and strategic sales.
- Guide underwriting, financial modeling, investment memoranda, hold/sell analysis, acquisitions, dispositions, and recapitalization efforts.
- Make portfolio and asset-level decisions within approved budgetary and strategic frameworks, escalating material risks as needed.
- Lead, mentor, and develop Asset Managers while setting clear expectations, accountability, and performance standards.
- Partner cross-functionally with Leasing, Real Estate Management, Development, Finance, Legal, Compliance, and other teams to drive disciplined execution.
- Monitor portfolio performance, market trends, risks, and opportunities while providing clear reporting and recommendations to senior leadership, ownership, investors, and Capital Partners.
- An MBA or advanced degree in Finance, Real Estate, or a related field.
- Experience across multiple asset classes, including industrial, retail, or mixed-use.
- Experience within a vertically integrated real estate platform.
About the company
Hendricks Commercial Properties revitalizes historic properties in Beloit, Wisconsin and beyond, turning old buildings into places where businesses can thrive and communities can grow. They first identify each community’s needs, then develop a product that blends history with modern luxury to create a destination that people want to be part of. Unlike others, they focus on integrating restoration with upscale amenities to drive economic activity, job creation, and vibrant neighborhoods. The goal is to transform spaces into functional, desirable hubs that support local businesses and uplift the community.
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Moline, Illinois
Founded
1974
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Simplify's Take
What believers are saying
- Hendricks announced $14.1 million Fritz Farm expansion on March 17, 2026.
- Its September 5, 2026 news shows fresh leasing momentum in Santa Barbara and Beloit.
- The Circle Centre redevelopment starts preconstruction in 2026, creating a large future fee pool.
What critics are saying
- Circle Centre faces tenant lawsuits in February 2026, signaling weak occupancy quality.
- Traction Yards depends on 2026 vacates and 2029 opening; delays trap capital.
- If Indianapolis incentives or tenant demand slip, the $600 million rewrite stalls indefinitely.
What makes Hendricks Commercial Properties unique
- Hendricks repositions dead malls into mixed-use districts, now Traction Yards and Bottleworks.
- The firm pairs development with leasing, asset management, and tenant curation across properties.
- Hendricks keeps adding experiential retail, from Wear & Roam to Iron Core Pilates.
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Benefits
- Flexible Work Hours
- Paid Time Off
- 401(k) Company Match
- Employee Discounts
- Pet Insurance