Medical Office Building Asset Management Associate
About The Position
Kayne Anderson Real Estate is recruiting an Associate-level asset management professional to work with its medical office team and oversee a large medical office portfolio. The position is an integral part of the team and is involved in managing the firm’s medical office platform. The successful candidate will be a self-starter with a strong interest in the work, able to integrate tactfully into the group and work independently. The role supports regular oversight of the medical office portfolio, including analysis of property performance, business planning, budgeting, valuations, lease terms, capital expenditure requests, and loan performance. It also involves coordinating property-level information for investors, lenders, and partners and supporting the transition of properties from Acquisitions to Asset Management. The position is based in Boca Raton, Florida, and is full-time and in-office. Employment is contingent on providing proof of eligibility to work in the United States at the time of hire.
Requirements
- Bachelor’s degree in finance, accounting, economics, real estate, or a similar business-related field.
- 3–7 years of related financial experience.
- Exceptional analytical skills and a strong understanding of financial concepts.
- Ability to create and manipulate complex files, analyses, and reports in Excel.
- Excellent communication, organizational, financial, and time-management skills.
- Strong qualitative and quantitative skills.
- Self-starter able to handle multiple tasks, manage time effectively, prioritize projects and tasks, and work independently with high attention to detail.
- Ability to build and maintain strong relationships and work in a team environment.
Nice To Haves
- Commercial real estate experience preferred.
- Experience using Argus Intelligence and Argus Enterprise preferred, but not required.
Responsibilities
- Support the Asset Management Team in regular oversight of the medical office portfolio.
- Review periodic reports on leasing, occupancy, and trends, and follow up on questions about activity from the prior period.
- Assist in preparing and presenting annual business plans.
- Prepare quarterly updates on properties’ financial and operational performance, highlighting outliers and notable variances and explaining those variances.
- Coordinate with other departments and respond to requests for property-level data and metrics for reporting to investors, lenders, and partners.
- Participate in the annual operating and capital expenditure budgeting process.
- Assist with transitioning properties from Acquisitions to Asset Management.
- Review and evaluate proposed lease terms and capital expenditure requests.
- Review and evaluate monthly P&Ls and operating reports.
- Review quarterly valuations, including internal fair market values, third-party valuations, and annual appraisals.
- Audit third-party acquisition models, rent rolls, and Argus files to ensure alignment and data integrity with internal systems.
- Monitor and analyze loan performance to ensure compliance with terms and key dates and identify potential risks.
Benefits
- Competitive medical, dental, and vision insurance.
- Flexible spending accounts for dependent care, healthcare, and limited-purpose expenses.
- Accident and Critical Illness insurance.
- Long Term Disability insurance.
- Competitive 401(k) benefits.
- Pet healthcare savings program.
- Member’s Only Healthcare healthcare navigation.
- WellHub corporate wellness platform.
- Up to $10,000 lifetime reimbursement for family-forming services, such as IVF, adoption, and surrogacy.
- Rocket Lawyer legal benefits.
- Reimbursement of professional society memberships and exam fees.
- Up to $10,000 matching annually for contributions to qualified nonprofit organizations.
- Parental leave.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
