System Director Real Estate Transactions

Responsibilities

The System Director Real Estate Transactions position will oversee and lead the real estate transactions for CommonSpirit Health (CSH). The System Director of Real Estate Transactions will serve as a senior leader within the National Real Estate Services (NRES) team, reporting to the Vice President of Real Estate Strategy & Portfolio. This individual will oversee all real estate transactions including Leasing, Development, Acquisition, Disposition, Joint

Ventures, and Mergers & Acquisitions, ensuring that CommonSpirit Health’s real estate transactions align with systemwide strategic, operational, and financial objectives. The role will drive portfolio growth, asset optimization, and innovative transaction strategies to enhance the value of CommonSpirit Health’s real estate investments. This position will align transaction strategies with Region / Market and Business Unit strategies. The objective is to develop and operate an industry leading healthcare real estate portfolio that supports the Integrated Delivery Network (IDN) in each Market that CSH operates.

The following represents the essential functions and responsibilities of the System Vice President role :

• Develop and lead an industry leading healthcare RE transaction management program, delivering innovative

solutions that are tailored to specific circumstances, across all geographies and full IDN. ( ambulatory, acute, post-acute, senior living, office)

o Structure dynamic teams that solve problems and focus on adhering to the project budgets and

approved business plans.

o Establish and maintain the leanest delivery structure and team possible to produce consistent results

that will meet the organization’s operating and capital program objectives and budgets as approved by the Capital Allocation Committee (CAC) and the Board of Stewardship Trustee’s (BOST).

o Integrate the NRES support services platform and resources to leverage the portfolio management program, streamlining, and standardizing the RE operations; this will include legal, finance, communications, tools, technologies, procurement and contract support

priorities and capital reinvestment goals.

o Financial – Operational cost per SF, Purchased services, Utility expenses, Lost revenue, EBITDA

o Personnel – Staffing based on gearing, Openings / time to fill, First year turnover, Diversity ratios

o Performance – Leasing, occupancy, customer satisfaction, client / tenant engagement

o Compliance – Accreditation (as needed non-acute), Stark and Anti-Kickback

Qualifications

relevant education and experience

Overview

Inspired by faith. Driven by innovation. Powered by humankindness. CommonSpirit Health is building a healthier future for all through its integrated health services. As one of the nation’s largest nonprofit Catholic healthcare organizations, CommonSpirit Health delivers more than 20 million patient encounters annually through more than 2,300 clinics, care sites and 137 hospital-based locations, in addition to its home-based services and virtual care offerings. CommonSpirit has more than 157,000 employees, 45,000 nurses and 25,000 physicians and advanced practice providers across 24 states and contributes more than $4.2 billion annually in charity care, community benefits and unreimbursed government programs. Together with our patients, physicians, partners, and communities, we are creating a more just, equitable, and innovative healthcare delivery system.