Real Estate Portfolio Manager

Option Care Health•Bannockburn, IL

23h•$99,971 - $166,611•Hybrid

About The Position

The Manager, Real Estate Portfolio is an individual contributor responsible for lease administration, real estate portfolio analytics, market and financial analysis, growth and optimization strategy support, and landlord-responsible repair and maintenance (R&M) governance across the Option Care Health real estate portfolio. Reporting directly to the Vice President, Facilities Management, this role partners closely with Construction, Design, Facilities Management, Strategic Operations, Clinical Operations, Finance, Legal, and external real estate partners to support data-driven decision-making, risk mitigation, and long-term portfolio sustainability. This position does not have supervisory responsibilities.

Requirements

Bachelor’s degree in Real Estate, Business, Finance, or related field preferred.
Minimum of five (5) years of experience in corporate real estate, lease administration, or portfolio management.
Strong understanding of commercial lease terms and landlord obligations.
Experience managing landlord‑responsible repairs and maintenance activities.
Working knowledge of CMMS platforms and Facilities coordination workflows.
Strong financial acumen, including cost tracking and reimbursement recovery.
Advanced Excel and reporting skills.
Ability to work independently and manage multiple priorities across location

Nice To Haves

Experience supporting healthcare or regulated environments.
Familiarity with Facilities Management operations and CMMS‑driven workflows.
Strong cross‑functional communication and stakeholder management skills.

Responsibilities

Manage the full lifecycle of commercial leases, including renewals, amendments, terminations, and critical date tracking.
Maintain accurate lease abstracts, documentation, notices, rent schedules, and option deadlines.
Coordinate with Legal and Finance to support lease execution, compliance, and audit readiness
Own portfolio data accuracy across all locations including lease terms, occupancy costs, expiration schedules, and site status
Develop and maintain dashboards and reporting tools for renewals, relocations, closures, and forward-looking decision points.
Identify lease execution runway risks and mitigate impacts to construction, relocations, and operational timelines
Support growth and optimization initiatives through market analysis, territory reviews, site strategy development, and site selection support
Research demographics, competitive landscape, access, visibility, labor conditions, and market trends to inform decision-making.
Prepare comparative analyses and recommendations for renewals, relocations, expansions, consolidations, and exits.
Prepare detailed financial analyses and pro formas evaluating rent, CAM, concessions, tenant improvement allowances, and long-term occupancy cost impacts.
Partner with Finance to align real estate assumptions with budgeting, forecasting, and capital planning.
Ensure landlord obligations defined in lease agreements are executed, tracked, and financially reconciled.
Route, track, and document landlord-responsible work orders through the CMMS with appropriate Facilities visibility and support.
Track landlord R&M costs, credits, and reimbursements ensuring financial accountability, recovery, and audit readiness
Maintain reporting and audit trails for landlord R&M activity including response times, resolution status, and financial outcomes.
Identify recurring landlord issues, non-compliance, or performance concerns and escalate as necessary.
Serve as a primary point of contact for landlords, brokers, and property managers related to lease obligations and property matters.
Support lease negotiations and enforcement activities through data analysis, documentation, and coordination.