Asset Manager
Apply NowCompany: Anchor Health Properties
Location: Media, PA 19063
Description:
Asset Manager
Media, PA
Who We Are
Anchor Health Properties is a national full-service healthcare real estate development, management, and investment company. We are purpose driven, "pursuing better healthcare through real estate solutions" and on a mission to be the best healthcare real estate firm in the U.S. Leveraging our collective experience and resources, our nimble and thoughtful team of professionals find solutions for our clients that respond to today's healthcare challenges - thinking outside of the "medical office box."
Why Anchor?
Anchor is an award-winning company, recognized on Inc. 5000's Fastest Growing Companies and Inc.'s Best Place to Work list, as a Great Place to Work, and as Revista/HREI's Top Developer of the Year. We remain committed to providing a creative, fulfilling, and supportive work environment where team members can collaborate with others and build value within the communities where we work and live.
When you join the team, you will collaborate with some of the most knowledgeable professionals in our industry. You will have the chance to learn new skills and take on greater responsibilities, while earning competitive pay and benefits.
At Anchor, your perks will include:
Enjoy additional perks including Mental Health Days, team bonding through offsite training summits, employee engagement events, Summer Hours, company-sponsored community service, employee referral bonuses, company provided cell phone and clothing allowance for eligible employees, and more!
If you are looking to join a team that is innovative, collaborative, solves problems, and is outcome-oriented, Anchor may be the place for you.
The Opportunity:
As an Asset Manager at Anchor, you are responsible for successfully leading due diligence, leasing, and financial performance management of Anchor's medical office property investments portfolio in alignment with the business plan for each asset. Our Asset Managers are empowered, trusted, and given the tools to drive the execution of asset strategies, ensuring financial performance and long-term value creation.
Our ownership-mentality mindset is built upon the assumption that our Asset Managers may have the opportunity to present, explain, and defend their work product to our institutional clients - and that the client's response to the timeliness, quality, thoroughness, format, and conclusions of the employee's work product will form their impression of Anchor Health Properties.
Job Responsibilities include (but are not limited to):
Required Knowledge, Skills and Abilities:
Education and Experience:
Media, PA
Who We Are
Anchor Health Properties is a national full-service healthcare real estate development, management, and investment company. We are purpose driven, "pursuing better healthcare through real estate solutions" and on a mission to be the best healthcare real estate firm in the U.S. Leveraging our collective experience and resources, our nimble and thoughtful team of professionals find solutions for our clients that respond to today's healthcare challenges - thinking outside of the "medical office box."
Why Anchor?
Anchor is an award-winning company, recognized on Inc. 5000's Fastest Growing Companies and Inc.'s Best Place to Work list, as a Great Place to Work, and as Revista/HREI's Top Developer of the Year. We remain committed to providing a creative, fulfilling, and supportive work environment where team members can collaborate with others and build value within the communities where we work and live.
When you join the team, you will collaborate with some of the most knowledgeable professionals in our industry. You will have the chance to learn new skills and take on greater responsibilities, while earning competitive pay and benefits.
At Anchor, your perks will include:
- 100% Employer paid medical, dental, and vision insurance for employees, as well as $2k employer contributions to HSA.
- 401k with up to a 4% employer match.
- Generous PTO starting at 15 PTO days annually and 11 paid company holidays.
- Parental Leave, Life Insurance and Short- & Long-Term Disability Insurances to protect you and your family.
- Professional Development Program to help you reach your professional goals!
- Access to Financial Advisor Services, an Employee Assistance Program, and exclusive employee discounts.
Enjoy additional perks including Mental Health Days, team bonding through offsite training summits, employee engagement events, Summer Hours, company-sponsored community service, employee referral bonuses, company provided cell phone and clothing allowance for eligible employees, and more!
If you are looking to join a team that is innovative, collaborative, solves problems, and is outcome-oriented, Anchor may be the place for you.
The Opportunity:
As an Asset Manager at Anchor, you are responsible for successfully leading due diligence, leasing, and financial performance management of Anchor's medical office property investments portfolio in alignment with the business plan for each asset. Our Asset Managers are empowered, trusted, and given the tools to drive the execution of asset strategies, ensuring financial performance and long-term value creation.
Our ownership-mentality mindset is built upon the assumption that our Asset Managers may have the opportunity to present, explain, and defend their work product to our institutional clients - and that the client's response to the timeliness, quality, thoroughness, format, and conclusions of the employee's work product will form their impression of Anchor Health Properties.
Job Responsibilities include (but are not limited to):
- Direct and implement the development and execution of asset operating strategies, including the ongoing monitoring of such strategies during the hold period, to maximize the value of each asset.
- Maximize total return for each asset in the region through the analysis of property efficiencies.
- Manage lease renewals for each asset in accordance with each property's business plan.
- Ensure strategies are in place for the timely lease-up of vacant space.
- Identify opportunities for improved asset and affiliated personnel performance.
- Lead a team of property managers and building engineers within the assigned portfolio, providing direction for and oversight of business plans, budgets, forecasts, leases and analysis.
- Manage relationships with tenants, with a focus on Anchor tenants, ensuring good communication lines and strong relationships with health system decision makers.
- Work with in house and third-party leasing personnel to maximize building occupancy across the portfolio.
- Work with in house and third-party construction managers to determine project capital and deferred maintenance needs and timing; direct the timely and cost-efficient improvements in accordance with the business plan for each asset.
- Create and distribute periodic asset management reports and annual business plans and budgets to the Company, investors, lenders, and other parties.
- Manage the cash flow and profitability of each asset in the region to include detailed financial analysis on a quarterly and annual basis.
- Develop a deep understanding of local and regional medical real estate markets, as well as tenant relationships and needs; utilize that knowledge to refine business strategies.
- Provide acquisition input and assistance in due diligence processes, including review of financial, operational, and market assumptions, and execution of tenant interviews alongside acquisitions personnel.
- Support disposition efforts for regional assets on an as needed basis in the future, inclusive of marketing materials and sale processes.
- Identify opportunities within the region for the Company's continued growth across its management, development and acquisition service lines.
- Serve as a liaison with the CEO, CIO and the Company's executive team as well as with key third party equity and debt contacts.
Required Knowledge, Skills and Abilities:
- Meticulous attention to detail, systematic organizational skills.
- Possesses a strong work ethic and takes a proactive approach to their work.
- Ability to multi-task with ease.
- Must be able to work independently and collaborate with other team members.
- Should self-identify as a "teachable" employee and possess a "can-do" attitude.
- Professional correspondence etiquette and strong interpersonal skills.
- Should take initiative and be committed to producing quality outcomes in work completed independently and as part of a team.
- Must have strong knowledge and experience with Microsoft Office programs, including: Outlook, Word, Excel and PowerPoint.
- Must be willing and able to travel regularly.
Education and Experience:
- Bachelor's Degree in Business or Management required.
- Experience of at least 3-5 years overseeing a portfolio of commercial real estate assets; experience demonstrating a strong track record of returns.
- Strong leasing and asset management experience is required.
- Management experience of healthcare properties strongly desired.