Manager - Capital Asset Management
Position Responsibilities
- Support Senior Housing and Lab assets as needed
- Technical expertise
- Provide technical support to the property management and building engineers
- Conduct property condition assessments on a regular schedule for portfolio properties and during due diligence as needed
- Review preventative maintenance performance to drive improvements and identify capital needs
- Provide project management oversight and act as owner’s representative to ensure capital is deployed as effectively as possible
- Provide regular project updates
- Manage project execution inclusive of tenant improvement projects
- Attend key milestone meetings
- Drive key decisions and course corrections
- Project management and cost analysis
- Evaluate and identify opportunities to improve property value through reducing utility consumption or otherwise reducing operating expenses
- Responsible for the development and execution of portfolio capital strategy
- Ensure technical capability of portfolio increases through vendor partnerships and training
- Manage insurance claims on behalf of the owner
- Collaborate with facility operators to develop and execute remediation plans
- Coordinate with remediation contractors on key technical and operational decisions
- Liaise with insurance adjusters and representatives to ensure accurate documentation and alignment throughout the claims process
- Budgeting and Forecasting
- Participate in preparation of annual capital budgets, tracking of monthly capital spend, and monthly capital forecasting by coordinating and communicating closely with property management and leasing teams
- Responsible for tracking year-to-date progress of capital spend
- Communication
- Communicate with property management team and operators on an ongoing basis
- Oversee and provide guidance to operators and third-party providers
- Lead preparation and emergency response to all portfolio emergencies including natural disasters
- Provide support for emergency communications and tracking material incidents and status of owned properties during natural disasters. Collaborate with asset management and operating partners on portfolio strategy
- Collaborate with peers across multiple portfolios to identify best practices and opportunities for improvement across property types
- Other Responsibilities
- Lead portfolio sustainability plans and execution
- Involvement in special initiatives requiring presentations to key stakeholders
- Reviewing contracts and providing input for legal review
- Build relationships with key vendors
- Bachelor’s Degree in Mechanical, Electrical, Civil Engineering, Construction Management or Architectural preferred
- At least 4 years of work experience in mechanical engineering, building design, construction management, project management, architecture field or closely related facility management environment
- Experience in capital planning and cost estimating
- Superior verbal and written communication skills, strong interpersonal skills
- Staff management experience a plus
- Strong research skills and ability to source a solution/option quickly when presented with a challenge
- Adept at managing multiple priorities and tasks concurrently with limited oversight
- Advanced Excel skills and working knowledge of Microsoft Office Suite - Word, PowerPoint, and Outlook
- Strong analytical and problem-solving skills with the ability to work in a fast paced, high-volume environment
- Demonstrate excellent organizational skills and attention to detail
- Demonstrate an understanding of finance and real estate concepts
- Ability to solve problems and facilitate creative solutions
- Drive process improvement
- Ability to safely climb and descend vertical ladders, navigate difficult terrain and tight spaces such as attics, building rooftops, or crawl spaces if deemed safe and necessary, and walk 5-10 miles per day without issue
- Ability to work efficiently remotely and communicate effectively while traveling; ability to work well independently and in team/group environments
- Travel as necessary up to 30%
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