SVP, Asset Management; Residential

Description

Department: Asset Management

Reports to: Principal, Investments

Location: Chicago, IL or Nashville, TN

This role will be performed onsite in the Chicago or Nashville office.

Adventurous Journeys Capital Partners (“AJCP”) is seeking a Senior Vice President to oversee all asset management activities for its residential platforms, driving asset- and portfolio-level performance through disciplined operating strategy, capital planning, and value creation.

Adventurous Journeys ("AJCP") Capital Partners is a vertically integrated real estate investment manager founded in 2008. The firm repositions real estate to build timeless, scalable businesses and brand platforms. We deliver returns on transformative real estate by applying placemaking, inspired design, and hospitality principles to spaces overlooked or undervalued by traditional investment firms. The firm’s current portfolio includes $5.9 billion of assets across 100+ properties and 50+ geographic markets.

With a mission to humanize hospitality through handcrafted projects made by people for people, AJCP delivers spaces that evoke emotional connections and become backdrops for enriching life experiences. Our headquarters are in Nashville, with offices in Chicago, London, and Miami. For more information on AJCP, please visit

The SVP, Asset Management will serve as the senior residential asset leader for the firm, partnering with third-party operators and internal teams to identify and execute operational improvements, oversee capital planning and execution, and guide decision-making across the portfolio. This role will also provide asset management leadership in support of refinancing, recapitalization, and acquisition activity, while managing and mentoring asset management resources supporting the residential portfolio.

• Provide senior-level oversight of all residential assets including the Memoir and Outpost portfolios.
• Act as the primary decision-maker for residential asset management matters, driving operating strategy, prioritizing initiatives, and resolving issues as they arise.
• Partner with third-party property management and operating partners to drive operating efficiencies, improve performance, and ensure alignment with ownership objectives.
• Lead asset-level and portfolio-wide operating reviews, budgets, and forecasts, identifying opportunities to improve NOI, cash flow, and long-term value.
• Drive operational improvement initiatives across the residential portfolio, including expense management, revenue optimization, staffing models, and service delivery.
• Oversee and execute capital expenditure planning, approvals, and project oversight, including renovations, repositionings, and deferred maintenance.
• Address asset-level matters including insurance, legal, regulatory, and risk management issues in partnership with internal and external advisors.
• Provide asset management leadership in support of refinancing, recapitalization, and disposition activity, including review of assumptions, strategy, and execution.
• Oversee and leverage analytical support from asset management team members, ensuring high-quality financial analysis, reporting, and modeling.
• Partner with the Investments team to provide asset-level input into underwriting, diligence, and business plan development for new residential acquisitions and joint ventures.
• Collaborate cross-functionally with internal teams including Investments, Development, Operations, Accounting, Legal, and Capital Markets to align residential asset strategy with broader firm objectives.
• Serve as the primary residential asset management liaison to joint venture partners, lenders, consultants, and other external stakeholders.
• Mentor and manage residential asset management personnel, setting priorities and developing talent.

AJCP is seeking a highly-motivated individual who enjoys working in a fast-paced, but disciplined, entrepreneurial environment. The ideal candidate will have extensive experience in residential operations, real estate, and investment strategy. This role also requires the following capabilities:

• Strong communication skills with…