Real Estate Asset Manager

Prisma Health•Columbia, SC
•Onsite

About The Position

The Real Estate Asset Manager is responsible for strategic and operational management of Prisma Health’s owned and leased real estate portfolio. The role ensures optimal asset performance, compliance with healthcare regulations, and alignment with organizational goals that support high-quality patient care and operational efficiency. The position represents Prisma Health and coordinates with internal and external stakeholders, including operations, legal, finance, facilities, landlords, vendors, brokers, attorneys, and property management teams. The role develops asset management strategies, manages lease agreements and third-party contracts, oversees property maintenance and capital improvements, and supports acquisitions, dispositions, and joint ventures. It also ensures healthcare regulatory compliance, manages budgets and tenant improvement allowances, and prepares financial and asset management reports. This is a non-management position reporting to a supervisor, manager, director, or executive.

Requirements

  • Bachelor's degree, or an applicable in-lieu-of qualification described in the posting.
  • Ten years of experience in property management administration, property accounting, or property financial analysis, including at least five years involving significant medical office experience; or qualifying master's degree and experience under the stated in-lieu-of criteria.
  • Management, multitasking, analytical, and strong communication skills.
  • Property and budget management skills.
  • Financial reporting and analysis skills.
  • Knowledge of general accounting principles as applied to real estate and lease accounting guidelines.
  • Comprehensive knowledge of financial, lease administration, and property management software.
  • Basic and proficient computer skills, including word processing, spreadsheets, and databases.
  • Knowledge of office equipment such as fax machines and copiers.
  • Mathematical skills.

Nice To Haves

  • MRI Pro-Lease experience is preferred.

Responsibilities

  • Develop and implement asset management strategies to optimize financial performance and maximize the value of real estate assets.
  • Monitor cash flow, financial performance, and market trends to inform decisions and identify improvement opportunities.
  • Manage lease agreements throughout their lifecycle, including negotiations, renewals, rent reviews, and compliance with lease provisions and regulatory requirements.
  • Oversee lease payments, billing, and administration of third-party contracts and service provider agreements.
  • Coordinate with property management teams and maintenance staff to ensure properties are safe, well-maintained, and compliant with applicable laws.
  • Identify, evaluate, and recommend capital improvement projects to enhance property value and operational efficiency.
  • Support acquisition, disposition, and joint venture processes through due diligence, market analysis, financial modeling, deal analysis, and recommendations to senior management.
  • Maintain documentation and compliance with healthcare regulations, including Stark Law and Anti-Kickback statutes, and coordinate fair market valuations.
  • Prepare financial and asset management reports for senior management, investors, and other stakeholders.
  • Serve as a primary point of contact and maintain relationships with landlords, third-party management companies, brokers, attorneys, and vendors.
  • Prepare and manage annual operating budgets and provide variance analysis, with a focus on cost control and revenue opportunities.
  • Manage tenant improvement allowances, including spend tracking and reimbursement claims to landlords, to support timely project execution.
  • Perform other duties as assigned.
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