Senior Associate, Healthcare Asset Management

The Nuveen Alternative Healthcare team is responsible for overseeing the financial operational leasing and construction/redevelopment of Nuveens healthcare portfolio which encompasses medical office senior housing and life science. This role will focus on medical office and senior housing asset management. The asset manager will work closely with Portfolio Management to execute fund mandates including budget analyses monitoring in-place debt and developing hold/sell analyses. Investments are primarily made through joint ventures and will require the candidate to have a proficient understanding of venture terms and responsibilities. The position will require the candidate to regularly meet with operating partners to discuss investment performance and strategy.

The position will take a lead role in managing real estate across multiple funds risk-profiles and asset types. Applicants should have relevant institutional asset management experience and a good understanding of healthcare real estate and broader commercial real estate. The ideal candidate has demonstrated knowledge of real estate fundamentals and can develop and implement strategies that will maximize the financial performance and value of the portfolio assigned assets. Additionally the candidate should be highly adaptable to a changing investment landscape demonstrate the ability to think creatively to add value be detail oriented and have a mindset for outperformance.


Key Responsibilities and Duties

• Create and implement in partnership with Nuveens operating partners strategic one three and five year business plans for each asset. Continuously monitor execution of the assets short and long term business plans.

• Oversee financial operational leasing and capital matters for the medical office and senior housing portfolio.

• In addition to financial aspects the asset manager is responsible for the implementation of ESG technology and other broader Nuveen initiatives.

• Regularly engage with joint venture partners to ensure Nuveens interests and performance in investments is maximized

• Prepare and review annual business plans operating budgets capital budgets as well as monitor actual performance against these budgets through the year.

• Present property activities and financial results to third party investors and Portfolio Management on a regular basis.

• Participate in the underwriting of new investment opportunities and support the Alternative Healthcare teams growth initiatives.

• Understand and stay up-to-date on market dynamics and trends and see the input of research and other professionals in analytic activities.

• Help access under-represented emerging markets and develop relationships with potential local partners.

Educational Requirements

• University (Degree) Preferred

Work Experience

• 2 Years Required; 3 Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
6IC

Anticipated Posting End Date:

Actual base salary may vary based upon but not limited to relevant experience time in role base salary of internal peers prior performance business sector and geographic addition to base salary the competitive compensation package may include depending on the role participation in an incentive program linked to performance (for example annual discretionary incentive programs non-annual sales incentive plans or other non-annual incentive plans).

Company Overview

Nuveen is a global investment leader managing public and private assets for clients around the world and on behalf of TIAA our parent company and one of the worlds largest institutional investors. We invest in the growth of businesses real estate infrastructure and natural capital providing clients with the reliability access and foresight unique to our heritage. Our prevailing perspective on the future drives our ambition to innovate and adapt our business to the changing needs of investors - all to pursue lasting performance for our clients our communities and our global to learn more about us.

Our Culture of Impact

At TIAA were on a mission to build on our 100 year legacy of delivering for our clients while evolving to meet tomorrows challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People Be Client Obsessed Lead with Integrity Own It and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveens entrepreneurial spirit where we work hard and work together to create lasting impact. Here every associate can grow through meaningful learning experiences and development pathwaysbecause when our people succeed our impact on clients lives grows stronger.

Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients and is equally committed to the well-being of our associates. Thats why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health wellness and work life offerings that can help you achieve and maintain your best possible physical emotional and financial well-being. To learn more about your benefits please review our Benefits Summary.

Equal Opportunity

We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age race color national origin sex religion veteran status disability sexual orientation gender identity or any other legally protected status.

Our full EEO & Non-Discrimination statement is on our careers home page and you can read more about your rights and view government notices here.

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