Associate Director, Asset Management

Compensation

: $205,500.00 - $205,500.00 /year *

Employment Type

: Full-Time

Industry

: Executive Management



Loading some great jobs for you...





Associate Director, Asset Management


Opportunity to join the asset management team of Everest Healthcare Properties, a rapidly-growing and highly successful institutional private equity real estate asset manager backed by Fosun Group. Ideal candidates will have an entrepreneurial spirit, be able to work autonomously, thrive while multi-tasking and demonstrate effective communication with investors, executives and real estate professionals alike. Location is in NYC. The candidate will report to the VP, Asset Management.


About Everest Healthcare Properties, LLC

Everest is an institutional healthcare real estate manager focused on medical and senior housing real estate across the US. Its mission is to provide high current and total returns to institutional investors by acquiring and adding value to high-quality healthcare properties. In 2017, Fosun Group acquired a majority interest in Everest. Fosun is a global principal investor with $99bn AUM, listed in Hong Kong.


Key Responsibilities

Work closely with third party property management and leasing teams to provide direction for, and oversight of, business plans, appraisals, budgets, forecasts, leases, analysis and approvals.

Coordinate the development of cash flow projections and internal business plans, including review and approval of annual property operating and capital budgets.

Lead departmental enforcement of internal audit requirements with third party providers, and further ensure that third party providers are conducting business in accordance with property management and leasing agreements.

Work with team leaders to create operational strategy for appropriate benchmarks (annual, 5-year, 10-year) on assets under management.

Provide analysis of property performance relative to budgeted targets.

Prepare analysis of historic portfolio and property results in comparison to industry benchmarks useful in evaluating performance.

Prepare analysis of all leases, capital projects, and other investment decisions impacting asset value.

Obtain lender approval for lease agreements, coordinate release of escrow accounts, and manage any other debt and equity provider requirements.

Develop, facilitate and expand relationships with local, regional and national healthcare tenants (health systems, surgery center operators and physician groups), and stay abreast of market, pipeline and medical office conditions throughout the portfolio.

Perform regular market visits and property inspections for assigned assets.

Work collaboratively with Acquisitions team to validate underwriting and participate in due diligence activities.


Core Competencies

Excellent communication skills, both written and verbal

Ability to multi-task in a dynamic and fast-paced environment

Exceptional attention to detail and deadlines

Ability to be flexible in a highly visible role in a growing organization

Works well with other team members and with existing and prospective tenants and providers

Strong financial modeling skills

Positive attitude with a proven ability to overcome challenges and inspire others

Critical-thinking ability to determine more optimal ways to achieve outcomes


Education and Experience

4+ years of commercial real estate asset management and/or leasing experience

Preference for experience in broad variety of asset types across key US markets

Familiarity with medical office buildings, senior housing and healthcare real estate is a plus

Proficiency in Excel, PowerPoint, and Argus is required

Bachelor''s Degree

by Jobble


Associated topics: chief investment officer, director, financial director, general operational manager, operation, organizational culture, president, president finance, supervise, vice president * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

Launch your career - Upload your resume now!

Upload your resume

Loading some great jobs for you...