Vice President of Asset Management

Anchor Health Properties, a national full-service real estate development, management, and investment company, is seeking a Vice President of Asset Management to join their team. The Vice President of Asset Management will be part of a team that supports the Asset Management, Property Management, Development and Acquisition services of Anchor Health Properties and its affiliated entities and clientele.

Anchor Health Properties is a developer, owner and operator of healthcare real estate, operating in multiple states across the country. Our purpose - pursuing better healthcare through real estate solutions - is what drives us. The corporate culture of Anchor Health Properties is such that every employee is expected to be an ambassador for the company represented as proactive, creative, problem-solving, and outcome oriented.

The primary function of the Vice President of Asset Management is to strategically execute the business plan for each managed asset – involving direct responsibility for the leasing, strategy and financial performance of an allocated portion of Anchor’s medical office property investments portfolio, predominantly located in the Western United States.

The position will be preferably based in our San Diego, CA office. However, consideration will be given for other major Western hubs where we have a concentration of properties such as Los Angeles, CA; the San Francisco Bay area, CA; Seattle, WA; Denver, CO; or Phoenix, AZ.

The anticipated base salary for this role ranges from $200,000 - $250,000 annually, with potential additional earnings through bonus and leasing commissions. Final compensation will be determined by factors such as experience, qualifications, and geographic location.

Job Responsibilities include (but are not limited to) :

• Direct and implement the development and execution of asset operating strategies, including the ongoing monitoring of such strategies during the hold period, to maximize the value of each asset.
• Supervise designated Asset Managers and Asset Manager Associates as direct reports in the Western Region portfolio.
• Manage a total portfolio of approximately 50 assets and / or 2.5M square feet, inclusive of those managed by the direct reports.
• Manage lease renewals for each asset in accordance with each property’s business plan.
• Ensure strategies are in place for the timely lease-up of vacant space.
• Identify opportunities for improved assets and affiliated personnel performance.
• Partner with a team of in-house AHP property managers and building engineers within the assigned portfolio.
• Manage relationships with tenants, with a focus on anchor tenancy.
• Work with in house and third-party leasing personnel to maximize building occupancy across the portfolio.
• Work with in house and third-party construction managers to determine project capital and deferred maintenance needs and timing.
• Create and distribute periodic asset management reports and annual business plans and budgets to the Company, investors, lenders, and other parties.
• Manage profitability of each asset in the region to include detailed financial analysis on a quarterly and annual basis.
• Develop a deep understanding of local and regional medical real estate markets, as well as tenant relationships and needs.
• Provide acquisition input and assistance in due diligence processes.
• Support disposition efforts for regional assets on an as needed basis.
• Identify opportunities within the region for the Company’s continued growth.
• Serve as a liaison with the CEO, CIO and the Company’s executive team.
• Serve as liaison with key third-party equity and debt contacts.

Required Knowledge, Skills and Abilities :

Education and Experience :

All interested, qualified applicants are encouraged to apply. Applications will be reviewed on a rolling basis, and the position will remain open until filled.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information or any other legally protected basis, in accordance with applicable law.

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Salary : $200,000 - $250,000