SVP, Asset Management (Residential)

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.


ABOUT AJCP


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 .

ABOUT THE ROLE


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.

WHAT YOU WILL DO

• 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.

Requirements

WHO YOU ARE


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 ability to manage across diverse stakeholders in a decentralized structure
• Demonstrated strength in analytical thinking, financial modeling, and both written and verbal communication
• Proficient in Microsoft Office, with high level of expertise in Excel
• Self-motivated, flexible, and detail-oriented

YOUR QUALIFICATIONS


Required

• 10+ years of relevant hotel operations experience
• Bachelor's degree in Real Estate, Finance, Hotel Management, or related discipline
• Deep knowledge of residential industry trends, best practices, rules, and regulations
• Ability to travel up to 20%

Equal Employment Opportunity:


AJCP is an equal employment opportunity employer and complies with all applicable laws prohibiting discrimination based on an individual's race, color, religion, religious creed, national origin, ancestry, citizenship, physical or mental disability, medical condition, genetic information, marital status, reproductive health decision-making, sex, gender, age, sexual orientation, veteran and/or military status, protected medical leaves, domestic violence victim status, political affiliation, or any other status protected by federal, state, or local laws. AJCP is dedicated to the fulfillment of this policy in regard to all aspects of employment, including, but not limited to, recruiting, hiring, placement, transfer, training, promotion, rates of pay, other compensation, termination, and all other terms, conditions, and privileges of employment.

In compliance with local law, we are disclosing the compensations, or range thereof, for roles that will be performed in Illinois. Actual salaries may vary based on various factors including but not limited to location, experience, role and performance. The range listed is just one component of AJCP's total compensation package for employees. Pay Range: $185,000-$245,000. Other rewards may include annual bonuses. In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement savings plan, paid holidays and paid time off.


Salary Description


$185,000-$245,000