Senior Living Asset Manager

Company: Macdonald & Company
Location: Garland
Posted on: April 5, 2021

Job Description:

Macdonald & Company are partnered with a Global Private Equity firm who are seeking to add an Asset Management professional to their team, based out of Dallas.

The successful applicant will strategically asset manage a large & growing portfolio of senior living properties. This person will be responsible for developing and executing high-level strategy to enhance and protect asset value, meet investment objectives and oversee key Asset Management issues across the portfolio.

Essential Duties

• Identifying new opportunities with the acquisitions team within the senior living sector.
• Oversight of property operations, capital deployment, leasing strategy.
• Reviewing the portfolio of assets and lead on capital improvement to diversify the portfolio.
• Develop an understanding of every asset and make strategic recommendations.
• Undertake asset valuation reviews, entailing collection of market data, comparable market performance, and reviewing the performance of each asset.
• Build strong relationships with professionals in other teams both internally and externally.
• Be passionate about driving and enhancing the value of the portfolio.
• Be in tune with the market and aware of current and future trends.
• Prepare and implement action plans and annual business plans.
• Conduct periodic site visits to review the physical condition and compliance standards.
• Negotiate loan documents, purchase and sale agreements, operating agreements, vendor agreements, and property management agreements.
  Experience Needed ---
  • 10+ years of direct and hands-on experience in asset management, with at least 5 years specifically in the senior living/assisted living/memory care or independent living.
  • Experience in successfully implementing and overseeing significant value-add capital projects to achieve significant ROI.
  • Ability to work in a fast-paced environment with multiple projects.

Keywords: Macdonald & Company, Garland , Senior Living Asset Manager, Executive , Garland, Texas