Director / Senior Director, Asset Management

Director / Senior Director, Asset Management

The Director / Senior Director, Asset Management supports the RMR Group's objectives of enhancing asset value for its managed REIT, Diversified HealthCare Trust, through maximizing revenue, cost-effective operations, and property improvements. Emphasis is placed on interacting with the Asset Management team, senior leadership, and senior living operators to enhance performance. The role is responsible for managing operator relationships and executing value creation initiatives across a diverse set of communities. The ideal candidate will bring deep industry expertise, market knowledge, strong analytical capabilities, an understanding of real estate and operations, and a collaborative working style. As an integral member of the Senior Living Asset Management team, the candidate must interact in a thoughtful and collaborative manner with community-level and corporate management and exemplify the highest standards of honesty, respect, integrity, and discretion.

Diversified Healthcare Trust (NYSE : DHC) is a real estate investment trust that owns senior living communities, medical office buildings, and wellness centers located throughout the United States.

Responsibilities

• Perform regular analysis and interpretation of senior living community operating results and performance versus their business plan, including understanding demand generators, revenue management data, and financial reporting to assess the performance of each location and assist in developing short and long-term strategies to improve performance where needed.
• Conduct on-site property inspections and identify deficiencies in property condition, cleanliness, and service levels.
• Ensure accurate and timely preparation and delivery of standard monthly and quarterly reporting.
• Develop benchmarking systems to drive best practices and operating results.
• Keep current on market factors that impact the positioning and performance of assigned Senior Living communities.
• Maintain up-to-date knowledge of factors such as demographics and changes in supply and demand.
• Ensure compliance with management and other agreements.
• Work collaboratively with DHC's executive leadership team with respect to ongoing communications and development of strategic plans.
• Document and communicate regularly regarding the performance of the assigned assets and / or portfolio performance.
• Guide / manage Asset Managers / Analysts in the Senior Living Asset Management team.
• Other ad-hoc analysis / reporting.

Qualifications

Company Overview

The RMR Group (Nasdaq : RMR) is a leading U.S. alternative asset management company, unique for its focus on commercial real estate (CRE) and related businesses. RMR's vertical integration is strengthened by over 1,100 real estate professionals in more than 30 offices nationwide who manage over $41 billion in assets under management and leverage more than 35 years of institutional experience in buying, selling, financing and operating CRE. RMR benefits from a scalable platform, a deep and experienced management team and a diversity of real estate strategies across its clients. RMR has been recognized by The Boston Globe as a "Top Place to Work", by the Environmental Protection Agency (EPA) as an "ENERGY STAR Partner of the Year" and ranked by the Building Owners and Managers Association (BOMA) as having one of the highest number of BOMA 360 designated properties in its portfolio. RMR is headquartered in Newton, MA and was founded in 1986.

RMR's mission is to create long term value for our clients by managing their investments and assets "like we own it" an approach that consistently and repeatedly generates opportunities for all our employees, investors and stakeholders. We are guided by six core values :

Visit our website to learn more about what makes The RMR Group a rewarding place to build a career.