Log In
Sign Up
The Ventas Senior Living Asset Management group is seeking an instrumental leader for its growing platform. The Manager, Senior Living Asset Management, will have responsibility for a $1B+ portfolio of senior living real estate, collaborating with senior leaders to help shape the composition and promote performance of his/her portfolio through targeted asset management strategy and cultivation of relationships with several third-party management companies.
The successful Manager candidate will assist in presenting performance results and transaction recommendations to members of Ventas’s senior and executive leadership team. Working cross-functionally with various departments including Investments, Legal, Financial Planning and Analysis, and Accounting, the Manager will gain exposure to many areas of the business.
Responsibilities:
- Lead high-impact asset management projects with executive level visibility and make creative recommendations to Director and VP regarding opportunities to improve property performance and financial reporting
- Consult frequently with external operating partners to review monthly financial performance, understand community sales strategies, new competition, labor and other performance drivers, and discuss issues related to agreements including performance targets and capital spending expectations
- Conduct periodic site visits to critical properties and markets to confirm performance expectations and deepen understanding of seniors housing operations, market fundamentals and competitive dynamics
- Coordinate with Investments Team to transition new investments into the portfolio, monitor and report progress on active development and redevelopment projects within the portfolio, and assist with asset disposition identification and process
- Prepare and present ad hoc analysis to Ventas senior leadership team regarding strategic and tactical opportunities for the portfolio; assist in preparation of materials for Ventas’s quarterly Board of Directors meeting
- Management of 1-2 Financial Analysts
Qualifications:
- 7+ years of experience with an established real estate investment firm, working on underwriting, development, operations, or financial management. Other relevant experience for this dynamic role could include: private equity or banking, management consulting or strategic project management, or an attorney with business acumen
- Core knowledge of real estate, financial statements, and accounting concepts is required, healthcare knowledge would also be a plus
- Bachelor’s degree in Finance, Economics, or similar business or analytical field; Master’s Degree, MBA, or JD preferred
- Mastery of Excel and PowerPoint
- Superior critical analysis skills with the ability to evaluate complex problems from a business and legal perspective and recommend well-reasoned courses of action in a concise manner
- Ability to stay organized when working in a fast-paced, team-oriented and lean environment
- High emotional intelligence: strong interpersonal and relationship-building skills and demonstrated integrity
- Strong presentation, oral, and written communications skills
- Willingness to travel 10-20%
Source: Ventas Career Page
