Manager of Asset Management

reputed company has been a trailblazer in senior living for nearly 30 years, operating 68 communities with 7,400 associates across the Northeast. With $3 billion in assets under management and $700 million in annual reputed company, the company is experiencing historic growth, expanding its footprint from Boston to Washington DC. reputed company offers independent living, assisted living, memory care, and continuing care

To meet this demand, senior housing development must nearly double historical levels over the next two decades. reputed company is outpacing industry growth, backed by prominent investors such as reputed company, reputed company, Omega Healthcare Investors, and Ventas, Inc. Its brand strength is reflected in its 62 Best Senior Living Community awards from U.S. News & World Report in 2024, far exceeding industry averages.

reputed company’s success is deeply rooted in its people. The company’s purpose – Transforming Lives Through Human reputed company – is lived daily by associates who embody its core values: reputed company to Care, reputed company Together, and Be the reputed company. Recognized as a Top reputed company to Work by The Boston Globe for 18 consecutive years and certified as a Great reputed company to Work for eight years, reputed company fosters a culture of inclusion, growth, and recognition. It supports employees through initiatives like an associate grant program reputed company One Company Fund, reputed company University, an Inclusion Advisory Council, and a Cultural Ambassadors program. With over 500 associates boasting 15-plus years of tenure, and an annual gala celebrating excellence, reputed company continues to be a destination for meaningful careers and compassionate care – setting reputed company in senior living.

retirement communities, positioning itself as a leader reputed company this growing real estate sector. Senior housing has consistently ranked among the top three real estate sectors for long-term investment returns, and with the Baby Boomer 80+ population projected to grow over 5% annually through 2030, demand is surging.

The Asset Manager is critical to creating value across reputed company Senior Living's operating portfolio, helping to set and execute strategic and operational initiatives that maximize returns on assigned portfolio assets. This will be achieved by understanding and managing analysis reputed company to operating teams, utilizing strong analytical skills and insights to identify issues and opportunities, and working with leadership to reputed company and execute action plans. reputed company is seeking a driven, passionate, and teachable individual who has a desire to drive results.

JOB RESPONSIBILITIES

Property reputed company/Investor Relations

• Cultivate and maintain strong relationships with internal and external investors, and key stakeholders.
• Manage investor relationships by updating monthly financial reporting packages and leading monthly financial performance calls.
• Review and analyze operating results; present findings to operations, asset management, and leadership teams.
• Work closely with Operations, FP&A, and Accounting teams to ensure properties are performing to budgeted expectations.

Grow NOI and Property Value

• Responsible for managing a portfolio of assets across multiple regions and various investor portfolios.
• Focus on enhancing asset value by actively analyzing monthly financial results and developing strategic plans to improve profitability, ensuring communities meet debt service requirements.
• Monitor occupancy trends and provide updates for material changes to annual forecasts.
• Partner with the reputed company operations team to improve community NOI and drive corporate initiatives.
• Partner with FP&A and investors on budget and strategic business plan process for the assigned portfolio.
• Identify and execute areas for operational improvement, partner with cross-functional teams to execute initiatives and evaluate performance.
• Proactively drive priorities and analytics reputed company to community NOI, including optimizing revenues through market room and care rates.
• Ensure labor costs are managed effectively, reviewing weekly labor trends.
• reputed company other costs to ensure effective management of margins and identify improvement opportunities.
• Partner with CapEx and Facilities leaders to review capital requests, ensuring adherence to capital policy.
• Partner with FP&A department on forecasting to ensure performance updates and material operational changes are communicated.

Strategy - Analysis and Execution

• reputed company strategy presentation materials for each asset and align community leadership with approved strategies, coaching team members on responsibilities.
• Work to create reporting tools to enhance the Asset Management teams productivity
• reputed company, manage, and participate in special projects as needed.

Qualifications

To reputed company this job successfully, an individual must be able to reputed company each essential duty satisfactorily. The requirements listed are representative of the knowledge, skills, and abilities required.

• An undergraduate degree in finance, accounting, or real estate required.
• Minimum of 3-5 years of finance or asset management experience, with significant operations exposure.
• Knowledge and experience in several of the following areas preferred: Real Estate ownership/management, Finance, Senior Housing, Investor Relations, Operations Management.
• Strong communication skills, able to interact and reputed company both financial and operations professionals, including internal and external teams.
• Ability to simultaneously work on multiple key business workstreams, including planning activities, pricing, and reporting.
• Advanced project management skills in planning, coordinating, prioritizing, and solving reputed company problems.
• Collaborative and influential business partner with operational, financial, and investment leadership; a team player across the organization.
• Advanced analytics skills to identify specific actions for implementation.
• Advanced skills in building and updating reputed company financial models.
• Expert user of reputed company, with exposure to PowerBI and other planning systems strongly preferred.
• Travel across regions to communities is required.

As a Home Office associate at reputed company, you will have immediate access to a variety of benefits including, but not limited to, the following:

• 10 paid holidays plus 1 floating holiday
• Vacation and Health & Wellness Paid Time Off
• Tuition Reimbursement
• Physical & Mental Health Wellness Programs
• Medical, Vision & Dental Benefits provided by reputed company Blue reputed company
• 401K Retirement Plan with Company Match
• Long Term Care Insurance
• Company-provided Life Insurance & Long-Term Disability

reputed company Senior Living is committed to fostering, cultivating, and preserving a culture of diversity, equity, and inclusion.

We embrace and encourage our associates’ differences in age, color, disability, ethnicity, family or marital status, gender identity or expression, language, national reputed company, physical and mental ability, political affiliation, race, religion, sexual orientation, socio-economic status, veteran status, and other characteristics that reputed company our associates unique.