What are the responsibilities and job description for the Associate Director of Asset Management position at MedProperties?
MedProperties Realty Advisors is a Dallas-based private real estate investment firm solely focused on healthcare real estate. Through our affiliated discretionary funds and stand-alone investment vehicles, we invest directly and through joint venture partnerships in the development and acquisition of healthcare real estate. We have acquired or developed approximately 5 million square feet of healthcare properties across 29 states.
MedProperties is seeking an Associate Director of Asset Management that will support the Asset Management, Property Management, and Acquisition services at MedProperties.
Responsibilities :
- Execute the strategic business plan on behalf of ownership
- Represent property ownership, either directly or indirectly through third party property managers
- Provide oversight and manage property leasing / capital expenditures to execute investment strategies
- Investor relations
- Property and fund-level performance reporting, to include quarterly investor reporting, actual to budget / underwritten proforma variance, and ad hoc analyses as needed
- Evaluate opportunities to maximize property value
- Review analysis of building operation expenses and rental revenue and prepare annual operating budgets for entities as required. Review internal budget to actual reports monthly. Monitor and discuss the expenditure reports with team.
- Review insurance policy requirements for the management portfolio and provide proof of insurance as required to lenders and other agencies. Review annual property tax assessments for all assets and collaborate with third-party firms to identify opportunities for tax reductions or to manage property tax protests.
Qualifications / Experience :
Compensation / Benefits :
Please inquire via email to info@medpropertieslp.com.