Director, Redevelopment

Director, Redevelopment (Project Management)

SUMMARY

This position will have redevelopment oversight of our West Senior Housing portfolio. Welltower is an industry leading $60bn S&P 500 company with investments in outpatient medical, seniors housing and wellness housing properties. This role is responsible for scope development, creating renovation / asset plans, and budgets to drive revenue. This is a REMOTE role that must ideally reside in the state of California.

KEY RESPONSIBILITIES

• Manages and mentors the day-to-day activity of Project Managers and Associates in their region to ensure superior quality of work, project deadlines are met, jobs are completed within budget and delivery of an outstanding internal / external and resident experience.
• Develop and underwrite written value-add investment plans for inter-company coordination as well as Operator engagement.
• Conduct site visits to evaluate physical plant condition and recommend value-add renovation scope(s) and Major CapEx requirements, if applicable, to enhance form and function of asset with a focus on driving financial performance.
• Coordinate with Capital Team to determine which items scheduled for CapEx could or should be completed in conjunction with Redevelopment.
• Select and engage all designers, planners, engineers, architects, decorators, and other third-party consultants as may be necessary in the redevelopment and construction of the project. Reviews potential design, coordination, and constructability issues; as needed, recommends necessary changes.
• Present and obtain internal ownership approvals for the project including market justification, unit interior and common area / amenity scope, cost, financial return, and business justification.
• Oversee and ensure the obtaining of all permits, external approvals, entitlements, and licenses necessary for the development of the project, including interaction with city inspectors and other city officials to ensure project meets city and local code standards.
• Develops annual capital plan and reforecast process with internal / external stakeholders.
• Responsible for all written evaluations of Project Managers and Associates in accordance with company timing guidelines.
• Provides weekly / monthly / quarterly status of work performed in their assigned region and maintains high level of communication with internal and external stakeholders.
• Advise the leadership regarding any recommended “change orders,” value engineering proposals, plan change recommendations, specifications, and budgets.
• Prepare and distribute RFP packages to qualified vendors, respond to RFI as required and responsible for final vendor selection ensuring optimal quality and budget pricing.
• Negotiate final cost and scope of work for all subcontracts, change orders and purchase orders as required.

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of this employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

TRAVEL

Regular overnight travel is expected for this position.

MINIMUM REQUIREMENTS

Applicants must be able to pass a pre-employment drug screen.

COMPENSATION

Salaries may vary by location. The range for this role in the Washington state region is $145,000- $165,000 plus bonus. Salary determinations are made based on numerous factors, such as, but not limited to, the relevant market and the skill, experience, and education of the selected candidate.

WHAT WE OFFER

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Salary : $145,000 - $165,000