Medical Office Building Asset Management Associate

Kayne Anderson Capital Advisors • Boca Raton, FL

1d • Onsite

About The Position

Private equity real estate firm is recruiting an Associate level asset management professional to work within the medical office team to oversee one of the largest medical office portfolios in the country. This person will be an integral part of the team and will be involved with all aspects of managing the firm’s medical office platform. The most successful candidate will be a strong self-starter, have passion for their work, work tactfully to integrate themselves into the overall group, and be able to work independently.

Requirements

• Bachelor’s degree in finance, accounting, economics, real estate or similar business-related field
• 3-7 years related financial experience with exceptional analytical skills and a strong understanding of financial concepts
• Commercial real estate experience preferred
• Ability to create and manipulate complex files, analyses, and reports in Excel
• Must possess excellent communication, organizational, financial and time management skills
• Strong qualitative and quantitative skills
• Self-starter with the ability 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 relations and work in a team environment

Nice To Haves

• Experience using Argus Intelligence and Argus Enterprise are preferred, but not required

Responsibilities

• Support the Asset Management Team in regular oversight of the medical office portfolio.
• Review periodic reports with leasing, occupancy, and trend information and follow up with any questions regarding activity from the prior period.
• Assist in preparing and presenting annual business plans.
• Prepare quarterly updates on the financial and operational performance of the properties, highlighting any outliers or notable variances, with explanations of variances.
• Coordinate with other departments and respond to requests for property-level data and metrics to report to investors, lenders, and partners.
• Participate in annual operating and capital expenditure budgeting process.
• Assist in the transition of properties from Acquisitions to Asset Management.
• Review and evaluate proposed lease terms and capital expenditure requests.
• Review and evaluate monthly P&L’s 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, key dates and identify potential risks.

Benefits

• Competitive medical, dental, and vision insurance
• Flexible spending accounts (dependent care, healthcare, limited purpose FSA)
• 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
• $10,000 lifetime reimbursement for family forming services (e.g. IVF, adoption, surrogacy)
• Rocket Lawyer legal benefits
• Reimbursement of professional society memberships and exam fees
• Up to $10,000 matching annually for contributions to qualified non-for-profit organizations
• Parental leave

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level