Manager - Capital Asset Management

Job Position

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

Support senior housing and lab 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 inclusive of tenant improvement projects. Attend key milestone meetings. Drive key decisions and course corrections. Project management and cost analysis. Evaluate and identify opportunities to improve property value through reducing utility consumption or otherwise reducing operating expenses. Responsible for the development and execution of portfolio capital strategy. Ensure technical capability of portfolio increases through vendor partnerships and training. Manage insurance claims on behalf of the owner. Collaborate with facility operators to develop and execute remediation plans. Coordinate with remediation contractors on key technical and operational decisions. Liaise with insurance adjusters and representatives to ensure accurate documentation and alignment throughout the claims process. Budgeting and forecasting. Participate in preparation of annual capital budgets, tracking of monthly capital spend, and monthly capital forecasting by coordinating and communicating closely with property management and leasing teams. 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. Lead portfolio sustainability plans and execution. Involvement in special initiatives requiring presentations to key stakeholders. Reviewing contracts and providing input for legal review. 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. Drive process improvement. 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%.