Director Capital Asset Management

San Francisco, CA - USA

Monthly Salary: $ 140 - 200

Posted on: 19 hours ago

Vacancies: 1 Vacancy

Job Summary

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 owners 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

Bachelors 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

Required Experience:

Director

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...

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 owners 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

Bachelors 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