Due Diligence Specialist

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Company: Hammes Company

Location: Milwaukee, WI 53215

Description:

Join Our Team

Consider a career with Hammes if you are interested in being a part of a dynamic and entrepreneurial environment! We have been recognized as one of the Best Places to Work in Healthcare by Modern Healthcare and one of the Best Places to Work in Money Management by Pensions & Investments.

Founded in 1991, Hammes is a vertically integrated real estate solutions platform. Our capabilities include real estate strategy and planning, project management, development, investment and property management for healthcare clients and other leading institutions. Hammes is consistently ranked as one of the nation's top healthcare developers by both Modern Healthcare's Construction & Design Survey and Revista's Outpatient Healthcare Real Estate Development Report.

Position Summary

This position will work closely with the Assistant Director of Due Diligence and Asset Management personnel on future acquisitions/dispositions, special projects and oversite of medical and commercial office buildings.

Principal Duties and Responsibilities

This list of duties and responsibilities is not all inclusive and may be expanded to include other duties and responsibilities, as management may deem necessary from time to time.
  • Evaluate physical and operational aspects of properties of future acquisitions.
  • Review property condition reports, inspection records and contracts to fully understand current building operations and assess if further investigation/review is needed.
  • Research, coordinate, and work with vendors to further investigate capital projects for new pursuits.
  • Analyze operating reports, building plans, general ledgers, leases, and operating expense calculations/reconciliations for new pursuits.
  • Prepare 10-year capital budgets and first year operating budgets for new pursuits.
  • Work with utility companies and brokers to transfer utilities for new acquisitions and for monetization.
  • Transition newly acquired properties to property management staff for ongoing operations.
  • Assist asset management with documentation needed for disposition of assets.
  • Availability to travel to company owned and pursued medical office properties.
  • Negotiate contracts with contractors and vendors in a timely and reliable manner.
  • Maintain positive productive relationship with tenants to preserve the highest level of tenant satisfaction.
  • Responsibility for annual reforecast and budgeting for property operations and capital expenditures.
  • Inspect and schedule appropriate maintenance to meet ownership's expectations.
  • Prepare monthly reports including financial statements, operating and leasing metrics and occupancy and lease expiration status.
  • Review and follow up on tenant delinquencies as necessary.
  • Manage performance of contractors and vendors working on the property in order to ensure adherence to work orders and budgets.
  • Oversee request for and review of the required certificates of insurance in order to ensure adequate coverage in accordance with the contracts in place for the work being performed
  • Perform other reasonable related duties as assigned by the Assistant Director of Due Diligence.


Knowledge, Skills & Abilities

The requirements listed below are representative of the knowledge, skills, and abilities required to perform this job successfully.
  • A Bachelor's degree is preferred.
  • CPM or RPA designation preferred.
  • Fundamental understanding of property management role including operational, financial, and ethical disciplines.
  • At least 7 years of commercial property management, preferably in healthcare.
  • Well organized with excellent time management skills.
  • Solid business judgement and ability to work independently.
  • Strong interpersonal, analytical, and problem-solving skills.
  • Excellent verbal and written communication skills.
  • Highly proficient in Microsoft Office such as Word, Excel, Outlook, etc.
  • Proficient with Yardi property management software.

Please see attached for a full description.

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