Manager, Asset Management (Outpatient Medical)

About the position

The Manager, Asset Management is responsible for developing, leading and managing key asset management initiatives across the portfolio. This role includes oversight of and participation in financial forecasting, performance based reporting, leasing analysis, and valuations to support strategic decision-making to drive optimal portfolio performance. The Manager collaborates with VPs Asset Management to develop asset and portfolio strategies and provide financial analysis to support investment decisions. At Welltower, GRIT defines us: passion, perseverance, and purpose driving our never-ending pursuit of improvement. Go-Getter: Relentlessly self-driven, we tackle challenges head-on, setting ambitious goals and achieving them. Rigor: Embracing high standards and challenging work, we strive for solutions that elevate our potential. Integrity: With an ownership mindset, we prioritize long-term wins and unwavering accountability. Teamwork: We champion collective efforts and shared vision to achieve our goals and exceed expectations.

Responsibilities

• Support and manage property transactions, including leasing, acquisitions, dispositions, and financing.
• Support development of annual business plans for JV portfolios and execute value creation or exit strategies.
• Support and assist in the preparation of financial models and analyses (e.g., DCF, IRR, NPV), and portfolio-level financial models.
• Support the development, review, and analysis of annual property budgets and quarterly reforecasting, including assumptions on leasing, revenue, operating expenses, and capital expenditures.
• Develop strategies for market research and competitive analysis to inform asset strategy.
• Coordinate the preparation, review and present financial reports, materials, and ad hoc analysis as requested by VP Asset Management and senior management.
• Coordinate, prepare and review loan reports and coordinating advances from lenders when applicable.
• Contribute to strategic asset management initiatives.
• Serve as a point of contact for partners, brokers, and tenants.
• Lead, develop and mentor analysts, providing guidance regarding strategic thinking for lease analysis, financial analysis, and valuations to support asset management.

Requirements

• At least 5 years of experience in real estate asset management or finance and complex portfolios.
• Bachelor's degree in Finance, Real Estate, Business Administration, or a related field.
• Strong proficiency in financial modeling, market analysis, and real estate financial software (e.g., Argus, Excel).

Nice-to-haves

• A Master's degree (MBA) is preferred.
• Possession of a valid driver's license.
• Ability to pass a pre-employment drug screen.

Benefits

• 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