Senior Asset Manager, Outpatient Medical and Life Science
About The Position
The Senior Asset Manager – Outpatient Medical and Life Science is responsible for maximizing the performance, operational success, and value of a portfolio of more than 70 medical outpatient, life science, and healthcare-related properties within a $37B+ AUM platform. The role includes ownership of asset-level business plans, oversight of leasing, capital projects, and facility operations, and specialized attention to clinical environments, healthcare systems, and healthcare facility requirements. The Senior Asset Manager builds relationships with health systems, hospital networks, physician groups, and clinical tenants, and contributes to healthcare investment strategy, acquisition evaluations, and investment committee decisions. The position requires independent judgment, analytical capability, and effective communication with executives, investors, property managers, brokers, and other stakeholders. The role develops and executes multi-year asset plans, monitors performance against underwriting and strategic goals, and evaluates capital allocation, leasing, and portfolio decisions. It oversees financial analysis and reporting, leasing and tenant relations, operational standards, capital work, and property-level compliance. The Senior Asset Manager also coordinates with acquisition, finance, accounting, leasing, legal, and property management teams and serves as a subject matter expert on the firm's healthcare and medical outpatient portfolio.
Requirements
- 5–7+ years of direct experience in healthcare real estate asset management, outpatient facility operations, or medical-related real estate investment.
- Functional knowledge of clinical tenant requirements and specialized physical plant systems in outpatient, lab, and research facilities.
- Strong understanding of healthcare lease structures, healthcare tenant needs, regulatory compliance requirements, and tenant credit evaluation.
- Proficiency in Microsoft Excel and ARGUS Enterprise.
- Excellent written, verbal, and executive presentation skills.
- Proven ability to manage large, multi-property portfolios across geographically disparate markets with minimal supervision.
- Ability to conduct property- and portfolio-level financial analyses, including sensitivity analyses for different scenarios, and present findings independently to senior management and stakeholders.
- Ability to independently assess complex situations, develop actionable recommendations, and communicate effectively with executives, investors, property managers, brokers, and other stakeholders.
- Working technical knowledge of building systems and outpatient and lab infrastructure needs to interface with facility engineers, healthcare system leadership, and on-site clinical providers.
Nice To Haves
- Deep industry acumen and passion for the medical outpatient and healthcare real estate sector.
- Independent ownership and proactive decision-making in fast-paced environments.
- Exceptional problem-solving skills and a commitment to risk mitigation, operational reliability, and long-term value creation.
Responsibilities
- Develop, maintain, and execute multi-year business plans for a portfolio of more than 70 medical outpatient, life science, and healthcare-related assets.
- Monitor asset performance against underwriting, healthcare sector benchmarks, budgets, and strategic goals.
- Evaluate capital allocation, re-tenanting strategies, and expansion opportunities for clinical facilities.
- Recommend hold, sell, and repositioning decisions in the context of portfolio objectives and healthcare real estate trends.
- Partner with leasing brokers and healthcare sector advisors to drive occupancy, health system alignment, and tenant retention.
- Structure and negotiate leases with hospital systems, physician practices, and outpatient service providers.
- Build and maintain relationships with healthcare executives, practice managers, and clinical leaders.
- Analyze operating performance, net operating income, cash flow, and tenant and leasing metrics.
- Prepare recurring reporting packages and investment updates for leadership, investment partners, and REIT reporting obligations.
- Evaluate lease terms, tenant improvement allowances, and capital projects to meet targets and maintain asset competitiveness.
- Prepare investment analyses supporting property and portfolio buy, sell, and hold decisions.
- Coordinate with property management teams to execute business plans and maintain facility standards.
- Manage capital projects, tenant improvements, and infrastructure upgrades for clinical and research tenants.
- Ensure property-level compliance with regulatory standards, health department guidelines, building codes, and lender requirements.
- Present recommendations, analyses, and asset performance updates to senior leadership and investment committees.
- Coordinate across acquisitions, finance, accounting, leasing, legal, and property management teams.
- Serve as a subject matter expert for the firm's healthcare and medical outpatient portfolio.
Benefits
- Health insurance
- Dental insurance
- Vision insurance
- Life and disability insurance
- Health Savings Account (HSA) and Flexible Spending Account (FSA) plans
- 401(k) plan with employer match
- Holidays, vacation, and sick time
- Parental leave
- Tuition assistance
- Matching gift program
- Voluntary employee-paid benefits, including critical illness and accident insurance, identity theft protection, and pet insurance
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
