Senior Asset Manager, Outpatient Medical and Life Science
- Compensation
- Not disclosed
- Location
- Newton, MA, US
- Work setup
- Not specified
- Seniority
- Senior
- Employment
- Not specified
- Experience
- 7+ years
- Category
- Not specified
- Posted
Skills
Must have
- 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 of 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 capability to manage large, multi-property portfolios across disparate geographic markets with minimal supervision.
- Ability to run financial analyses at the property and portfolio, including sensitivity analyses for various scenario and present independently to senior management and other stakeholders.
Full description
Overview
As part of an efficient and entrepreneurial team within a $37B+ AUM platform, the Senior Asset Manager – Outpatient Medical and Life Science is responsible for maximizing the performance, operational success, and value of the RMR-managed healthcare portfolio, which consists of over 70 medical outpatient, life science and healthcare-related properties. The Senior Asset Manager will also play a key role in all future property acquisitions within the healthcare sector. The role requires a specialized focus on the unique operational requirements of clinical environments, complex healthcare systems, and the specific operational requirements of healthcare facilities.
The individual will take ownership of asset-level business plans, understand clinical tenant requirements, and drive execution across leasing, capital projects, and facility operations. The Asset Manager will establish strong working relationships with health systems, hospital networks, physician groups, and clinical tenants across the portfolio.
The Asset Manager will be a key contributor as part of the larger healthcare sector team and play a pivotal role in shaping investment strategy for the healthcare portfolio, evaluating new medical property acquisitions, and contributing to the investment committee process.
The candidate must be self-directed, analytical, and have the capability to serve as a subject matter expert for the firm’s healthcare and medical outpatient portfolio. The candidate should be competent at independently assessing complex situations, developing actionable recommendations, and effectively communicating with executives, investors, property managers, brokers and other key stakeholders.
Responsibilities
Asset Strategy & Performance
- Develop, maintain, and execute multi-year business plans for a portfolio of 70+ medical outpatient, life science and healthcare-related assets.
- Monitor performance against underwriting, healthcare sector benchmarks, budgets, and strategic goals.
- Evaluate capital allocation, re-tenanting strategies, and expansion opportunities specific to clinical facilities.
- Provide strategic recommendations on hold, sell, and re-positioning decisions with an understanding of portfolio objectives and within the context of evolving trends in the healthcare and medical real estate sectors.
Leasing & Tenant Relations
- Partner with leasing brokers and healthcare sector advisors to drive occupancy, health system alignment, and tenant retention.
- Structure and negotiate lease agreements with hospital systems, physician practices, and outpatient service providers.
- Build and maintain trusted relationships with healthcare executives, practice managers, and clinical leaders.