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SVP of Asset Management

Job in Cincinnati, Hamilton County, Ohio, 45208, USA
Listing for: Macdonald & Company
Full Time position
Listed on 2026-10-10
Job specializations:
  • Real Estate/Property
    Portfolio & Asset Management
Salary/Wage Range or Industry Benchmark: 180000 - 240000 USD Yearly USD 180000.00 240000.00 YEAR
Job Description & How to Apply Below
Location Requirement:

This position is based full-time in Cincinnati. Candidates must either currently live in the Cincinnati area or be prepared to relocate to Cincinnati for the role. This is not a remote or fly-in/commuter position.

We are representing a well-established private real estate investment firm seeking an experienced Chief Operations Officer to lead its asset & property management function.

This is a senior leadership position with responsibility for driving performance across a diversified commercial real estate portfolio. The successful candidate will lead the asset management team, work closely with acquisitions and finance, and take a highly active role in developing and executing strategies designed to maximize asset and portfolio-level value.

The position is suited to an experienced real estate professional who combines strong investment judgment with hands-on operating experience and who is comfortable taking ownership of both strategy and execution.

Key Responsibilities
  • Develop and execute strategic business plans across the portfolio, including asset positioning, capital investment, refinancing, redevelopment, hold/sell analysis and disposition strategy.
  • Drive initiatives focused on increasing NOI, occupancy, rental growth, operational efficiency and long-term asset value.
  • Identify opportunities to enhance value through redevelopment, repositioning, capital improvements, leasing initiatives, revenue enhancement and expense reduction.
  • Monitor market fundamentals, competitive positioning and broader real estate cycles to support investment and asset-level decision making.
  • Lead the preparation and review of annual property business plans, operating budgets, capital budgets and ongoing forecasts.
  • Evaluate capital investment decisions and oversee major capital improvement and construction programs.
  • Maintain a strong focus on cash flow, investment returns and the long-term economic performance of each asset.
  • Participate in refinancing, disposition and other capital events across the portfolio.
Acquisitions & Investment Collaboration
  • Partner with the acquisitions team throughout the investment process, providing asset management perspective on underwriting, due diligence, operating assumptions, risk and value-creation opportunities.
  • Support transition planning following acquisitions and ensure business plans are effectively implemented following closing.
Property Operations & Leasing
  • Provide senior-level oversight of internal and third-party property management and leasing teams.
  • Drive leasing strategy, tenant retention, occupancy and competitive positioning across the portfolio.
  • Regularly evaluate property operations, physical condition, vendor performance, capital requirements and leasing execution.
  • Maintain an active presence across the portfolio through property visits and performance reviews.
Leadership & Reporting
  • Lead and develop the asset and property management teams, establishing clear expectations, performance standards and operating best practices.
  • Provide senior leadership with clear and actionable reporting on property performance, budgets, business plans, market conditions and value-creation initiatives.
  • Contribute to executive-level portfolio and investment discussions and communicate recommendations with confidence and supporting analysis.
  • Participate in recruitment, team development, performance management and succession planning within the asset management function.
Experience & Background

We are looking for an established commercial real estate asset management leader with approximately 15+ years of relevant experience
, ideally gained across multiple markets and real estate cycles.

Candidates should bring:

  • A demonstrable track record of improving asset performance and maximizing investment returns.
  • Experience developing and executing asset-level business plans.
  • Strong experience with budgeting, forecasting, capital planning and financial analysis.
  • Experience with refinancing, dispositions and major capital events.
  • Exposure to value-add, redevelopment or repositioning strategies.
  • Experience overseeing third-party property management and leasing providers.
  • Strong understanding of leasing strategy, rental positioning, operating performance and capital investment decisions.
  • Experience managing and developing asset management and/or property management professionals.
  • Strong commercial judgment and the ability to move comfortably between high-level portfolio strategy and detailed asset-level execution.
  • Excellent…
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