Director - Capital Asset Management

Company Overview

Our company is a leading national healthcare REIT with over $20 billion of owned real estate concentrated on lab, outpatient medical, and entrance fee 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

Primary focus on lab assets

Support outpatient medical assets as needed

Technical expertise

Provide technical support to the property management and building engineers

Conduct property condition assessments on a regular schedule for portfolio properties and during due diligence as needed

Review preventative maintenance performance to drive improvements and identify capital needs

Provide project management oversight and act as owner’s representative to ensure capital is deployed as effectively as possible

Provide regular project updates

Manage project execution

Attend key milestone meetings

Drive key decisions and course corrections

Project management and cost analysis

Tenant improvements

Oversee third-party project management teams, including financial tracking, budgeting, schedule adherence, and execution of capital improvement projects.

Support the leasing team by reviewing and responding to tenant mechanical, electrical, and plumbing (MEP) inquiries during lease negotiations and fit-out planning

Interface directly with prospective tenants to clarify building infrastructure capabilities, coordinate site walkthroughs, and provide technical information as needed.

Budgeting and Forecasting

Responsible for the development and execution of portfolio capital strategy

Responsible for tracking year-to-date progress of capital spend

Communication

Communicate with property management team and operators on an ongoing basis

Oversee and provide guidance to operators and third-party providers

Lead preparation and emergency response to all portfolio emergencies including natural disasters

Provide support for emergency communications and tracking material incidents and status of owned properties during natural disasters. Collaborate with asset management and operating partners on portfolio strategy

Collaborate with peers across multiple portfolios to identify best practices and opportunities for improvement across property types

Other Responsibilities

Lead portfolio sustainability plans and execution

Involvement in special initiatives requiring presentations to key stakeholders

Reviewing contracts and providing input for legal review

Evaluate and identify opportunities to improve property value through reducing utility consumption or otherwise reducing operating expenses

Ensure technical capability of portfolio increases through vendor partnerships and training

Drive process improvement

Build relationships with key vendors

Position Requirements

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%

Salary budgeted from $140 - $200k / yr based on experience

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