SUMMARY
The Manager, Asset Management will be responsible for supporting the execution of overall corporate strategy for a portfolio of outpatient medical facilities properties, to maximize the value of the outpatient real estate portfolio and the Company's asset management platform.
KEY RESPONSIBILITIES
- Assist in the development of an overall strategic plan that contributes to the implementation of annual and long-range property budgets, business and operating plans including capital projects that are required to meet or exceed objectives. Monitor and report on the implementation of all plans.
- Through the ongoing collaboration with Outpatient Medical leasing staff and external brokers, ensure the implementation of overall marketing and leasing strategies, programs and activities that optimizes WELL's available space and meets leasing metrics and occupancy goals.
- Provide direction to leasing staff on the development of lease terms. Review and approve term sheets within defined budget parameters. Participate in lease negotiations with legal counsel and tenant representatives. Make recommendations to VP, Asset Management on leases outside of scope of authority.
- Effectively monitor property and portfolio performance against budget, plan and other metrics. Review property management reports to include the rent roll, building operation, monthly financials, and delinquency report. Report of all significant variances to VP, Asset Management, and work with AVP, Property Management on developing reforecasts and other necessary corrective actions.
- Contribute to the resolution of delinquencies with Accounting, VP Property Management and Legal.
- Provide forecasting guidance and monitor funding and progress for all capital expenditure projects comprised of tenant improvement, building improvement and leasing commissions.
- Assist in the due diligence, closing and transition of all building acquisitions. Assist in the management of all transitional issues resulting from building acquisitions, refinancing or divestitures to assure the smooth and compete management of all issues.
- Ensure there is an ongoing and effective flow of information between the AVP, Property Management, Regional Leasing Directors, and Senior Management. Manage the timely resolution of all issues.
- Gather feedback, respond/resolve issues and provide ongoing reports and analysis to management on the utilization of the company's operational systems and other processes/procedures and company initiatives to ensure standardization and continuous improvement.
OTHER DUTIES Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of this employee for this job.Duties, responsibilities, and activities may change at any time with or without notice.
TRAVEL Some out-of-area and overnight travel may be expected.
MINIMUM REQUIREMENTS Experience: Minimum of three years of experience in real estate and or finance, preferred.Previous real estate financial modeling experience, preferred.Strong proficiency in MS Excel and Argus required.Marketing and leasing of commercial buildings or related experience.
Strong written and oral communication skills.
Education: Bachelor's degree required, with a specialization in business administration, real estate, finance, accounting, economics, or a related field is preferred.
ADDITIONAL ELIGIBILITY REQUIREMENTS Certification(s): Real estate license, CCIM, CPM, CFM or RPA designation is preferred.
Applicants must be able to pass a pre-employment drug screen.
WHAT WE OFFE- Flexible schedule: Monday-Thursday in office, Friday's optional to work remote
- Competitive Base Salary + Annual Bonus
- Generous Paid Time Off and Holidays
- Employer-matching 401(k) Program + Profit Sharing Program
- Student Debt Program - we'll contribute up to $10,000 towards your student loans!
- Tuition Assistance Program
- Employee Stock Purchase Program - purchase shares at a 15% discount
- Comprehensive and progressive Medical/Dental/Vision options
- And much more! https://welltower.com/newsroom/careers/
ABOUT WELLTOWER Welltower, an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate and infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience. Welltower, a real estate investment trust ("REIT"), owns interests in properties concentrated in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing, post-acute communities and outpatient medical properties. More information is available at www.welltower.com
Welltower is committed to leveraging the talent of a diverse workforce to create great opportunities for our business and our people. EOE/AA. Minority/Female/Sexual Orientation/Gender Identity/Disability/Vet
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
