Vice President, Healthcare Asset Management

Employer
Artemis Real Estate Partners
Location
Chevy Chase, MD
Posted
Aug 01, 2022
Closes
Aug 13, 2022
Ref
614132142
Hours
Full Time
Artemis Real Estate Partners is a best-in-class real estate investment management firm with offices in the Washington, DC metropolitan area, New York City, Los Angeles, and Atlanta. We are seeking a Vice President to partner with the real estate operations team to implement business plans and programs that achieve the financial, investment, and operating goals of the assigned Healthcare portfolio. This position involves working closely with the portfolio management team to implement best-in-class asset management policies and procedures within our Healthcare group.Responsibilities:* Direct and collaborate with joint venture operators, property managers, leasing brokers, sales brokers, general contractors, construction managers, attorneys, and third-party vendors to implement business plans.* Oversee the annual budget and strategic planning for healthcare real estate and debt investments.* Review property reports and track operating performance relative to pro forma, forecasts, and investment targets; prepare benchmarking summaries and present results.* Assist the acquisition team with the underwriting, closing, and transition of new investments.* Manage the investment realization process.* Oversee annual capital improvement plans and the repositioning of value-add investments; collaborate with project and construction managers to plan and execute capital improvement programs and tenant buildouts with attention to market positioning, leasing strategies, budget, finish detail, and schedule.* Prepare financial analyses of various investment decisions, such as leasing, financing, and buy/sell decisions.* Review financials for factual accuracy and consistency.* Monitor geographic market trends relating to investment value, cost, and supply/demand fundamentals to continuously review investments for opportunities to create value through renovations, alternative leasing strategies, implementing operating changes or investment repositioning.* Formulate strategies to maximize the value and performance of investments and communicate and monitor strategies as developed and implemented.* Monitor and ensure compliance with loan documents, joint venture operating agreements, and other relevant agreements.* Coordinate and prepare materials for submission to the Investment Committee and institutional investors.* Maintain strong relations with tenants, brokers, lenders, architects, and service providers.* Participate in the quarterly fair value process.* Collaborate with analysts and associates to maintain investment-level Excel models.* Standardize and revise, as necessary, the company's asset management reporting templates and practices to conform to industry best practices.* Provide formal and informal training to junior level staff.* Perform all other duties as required.Requirements:* Direct and collaborate with joint venture operators, property managers, leasing brokers, sales brokers, general contractors, construction managers, attorneys, and third-party vendors to implement business plans.* Oversee the annual budget and strategic planning for healthcare real estate and debt investments.* Review property reports and track operating performance relative to pro forma, forecasts, and investment targets; prepare benchmarking summaries and present results.* Assist the acquisition team with the underwriting, closing, and transition of new investments.* Manage the investment realization process.* Oversee annual capital improvement plans and the repositioning of value-add investments; collaborate with project and construction managers to plan and execute capital improvement programs and tenant buildouts with attention to market positioning, leasing strategies, budget, finish detail, and schedule.* Prepare financial analyses of various investment decisions, such as leasing, financing, and buy/sell decisions.* Review financials for factual accuracy and consistency.* Monitor geographic market trends relating to investment value, cost, and supply/demand fundamentals to continuously review investments for opportunities to create value through renovations, alternative leasing strategies, implementing operating changes or investment repositioning.* Formulate strategies to maximize the value and performance of investments and communicate and monitor strategies as developed and implemented.* Monitor and ensure compliance with loan documents, joint venture operating agreements, and other relevant agreements.* Coordinate and prepare materials for submission to the Investment Committee and institutional investors.* Maintain strong relations with tenants, brokers, lenders, architects, and service providers.* Participate in the quarterly fair value process.* Collaborate with analysts and associates to maintain investment-level Excel models.* Standardize and revise, as necessary, the company's asset management reporting templates and practices to conform to industry best practices.* Provide formal and informal training to junior level staff.* Perform all other duties as required.Compensation and Benefits:*Compensation is competitive and commensurate with experience*Annual bonus potential*Company-sponsored medical, dental, vision, life, and disability insurance*401k plan with employer contributionAbout Artemis Real Estate Partners:Artemis Real Estate Partners is a real estate investment management firm with offices in metropolitan Washington, DC, New York City, Los Angeles, and Atlanta. Artemis has raised approximately $7.5 billion of institutional capital across core, core plus, value-add, and opportunistic strategies. The firm makes equity and debt investments in real estate across the United States, with a focus on self-storage, industrial, multifamily, office, retail, hospitality, senior housing and medical office. Artemis invests both directly and via joint ventures with established, emerging and diverse operating partners.Additional information can be found on our website: www.artemisrep.com.Artemis Real Estate Partners is an Equal Opportunity Employer.