Director - Capital Asset Management
Our company is a leading national healthcare REIT with over $20 billion of owned real estate concentrated on lab, outpatient medical, and senior housing communities. An innovative company at the forefront of providing premium real estate to the dynamic healthcare industry, the firm is committed to delivering value to our shareholders, customers and employees. Position Responsibilities
- Senior housing capital leadership
- Work with operators to prioritize capital needs and execution plans
- Develop new, and leverage existing national relationships to leverage pricing and service
- Technical expertise
- Provide technical support to the property management and building engineers
- Conduct and document property condition assessments, inclusive of base building systems
- Review preventative maintenance performance, drive improvements to extend life of equipment
- Evaluate and identify opportunities to reduce costs by reducing utility consumption or otherwise reducing operating expenses
- Ensure technical capability of portfolio increases through vendor partnerships and training
- Budgeting and Forecasting
- Participate in preparation of annual capital budgets, tracking of monthly capital spend, and monthly capital forecasting
- Ensure budgeted projects are on schedule and communicate variances
- Communication
- Provide detailed projects updates in oral and written form as needed
- Oversee and provide guidance to operators and third-party providers on regular cadence
- Other Responsibilities
- Reviewing contracts and providing input for legal review
- Drive process improvement, with a focus on efficiency, and accurate data
- Lead and coordinate third-party stakeholders including construction managers, architects & engineers (A&E), consultants, and operating partners, to deliver projects on schedule and within approved budgets, maintaining cost control and execution discipline
- Asset-level oversight of major capital initiatives, including redevelopments and remediations; refine project scope, drive value engineering initiatives, and ensure alignment with approved investment objectives.
- At least 4 years of experience with senior housing, multi-family, or hotel capital management
- Bachelor’s Degree in Mechanical, Electrical, Civil Engineering, Construction Management or Architectural preferred
- At least 4 years of work experience in mechanical engineering, building design, construction management, project management, architecture field or closely related facility management environment
- Experience in capital planning and cost estimating
- Superior verbal and written communication skills, strong interpersonal skills
- Staff management experience a plus
- Strong research skills and ability to source a solution/option quickly when presented with a challenge
- Adept at managing multiple priorities and tasks concurrently with limited oversight
- Advanced Excel skills and working knowledge of Microsoft Office Suite - Word, PowerPoint, and Outlook
- Strong analytical and problem-solving skills with the ability to work in a fast paced, high-volume environment
- Demonstrate excellent organizational skills and attention to detail
- Demonstrate an understanding of finance and real estate concepts
- Ability to solve problems and facilitate creative solutions
- Ability to safely climb and descend vertical ladders, navigate difficult terrain and tight spaces such as attics, building rooftops, or crawl spaces if deemed safe and necessary, and walk 5-10 miles per day without issue
- Ability to work efficiently remotely and communicate effectively while traveling; ability to work well independently and in team/group environments
- Travel as necessary up to 30%
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