NexCore Group

Associate VP, Real Estate Management. The role of Associate VP - Real Estate Management is to assist in ensuring the optimal performance of an assigned portfolio of healthcare and life science real estate properties.. Assist in preparation of annual operating budgets and business plans for assigned properties to achieve investor return expectations and maximize cash flow and evaluate market conditions for each property and real estate investment climate.. Assure compliance with lease agreements, construction schedules, tenant expectations, lender requirements, and construction guidelines for the project. Eligible for standard employee benefit elections: Medical, Dental, Vision, 401K, FSA, HSA, Commuter Benefits, Employee Assistance Program, Life Insurance (employee and dependents), Short-term disability (STD), Long-Term disability (LTD), Accidental death & dismemberment (AD&D), vacation days, sick days, and other benefits

vp real estate

Associate VP, Real Estate Management Department: Real Estate Management Employment Type: Full Time Location: Denver, Colorado Reporting To: Steve Brooks Compensation: $80,000 - $96,000 / year Description The role of Associate VP - Real Estate Management is to assist in ensuring the optimal performance of an assigned portfolio of healthcare and life science real estate properties. This is accomplished by implementing the owner's strategic plan for each building property management, financial reporting, and ongoing administration of all relevant legal agreements. Key Responsibilities <ul><li>Assist in preparation of annual operating budgets and business plans for assigned properties to achieve investor return expectations and maximize cash flow and evaluate market conditions for each property and real estate investment climate. Develop strategies to mitigate vacancy risk</li><li>Assist with the development and implementation of leasing strategies including identifying and contracting with brokerage agencies or directly leasing</li><li>Work with internal Design & Construction team on oversight of tenant finish coordination activities. Assure compliance with lease agreements, construction schedules, tenant expectations, lender requirements, and construction guidelines for the project</li><li>Review monthly operating statements for assigned properties; understand detailed line-item performance and reforecasts; take responsibility for each assigned asset and proactively raise and solve problems to meet or exceed performance targets</li><li>Prepare variance reports, cash distribution spreadsheets and quarterly reforecasts on assigned properties</li><li>Complete periodic owners' reports and read, analyze, and interpret leases; including the ability to compare multiple lease scenarios based on several financial metrics including NPV, IRR, ROC</li><li>Evaluate, on a continuing basis, operating costs by monitoring each property's performance and results against approved budgets, recommending necessary adjustments to achieve the scheduled cash flow or asset value objectives</li><li>Monitor third-party management contracts and performance under those contracts</li><li>Assist with property transitions from development into asset management</li><li>Other miscellaneous tasks as may be assigned </li><li>Assist in the acquisition due diligence process as well as with the transition of properties upon closing </li><li>Assist with any dispositions</li><li>Potential supervision of other employees and/or third-party managers</li><li>Lead bi-weekly property asset status operating calls with property managers</li><li>Work with property managers on capital improvements, reviewing progress, and correctly representing status on financials</li><li>Review CAM reconcilations</li><li>Prepare capital expense amortization schedules for various building improvements as allowed per leases</li></ul> Skills, Knowledge and Expertise Education: <ul><li>Bachelor's Degree in accounting, finance, economics, real estate, business administration, or related field - Required</li></ul> Work Experience: <ul><li>7+ years experience with healthcare real estate and medical office building - Required</li></ul> Skills: <ul><li>Intermediate computer skills (Microsoft Office Suite, Adobe Acrobat)</li><li>Proficiency with Excel, MRI, Yardi</li><li>Analytical and organizational skills</li><li>Superior interpersonal skills</li><li>Excellent communication skills</li></ul> Licenses and Certifications <ul><li>RPA or CPM preferred</li><li>CCIM preferred</li><li>Real Estate License preferred</li></ul> Benefits <ul><li>Eligible for discretionary benefits: performance bonus</li><li>Eligible for standard employee benefit elections: Medical, Dental, Vision, 401K, FSA, HSA, Commuter Benefits, Employee Assistance Program, Life Insurance (employee and dependents), Short-term disability (STD), Long-Term disability (LTD), Accidental death & dismemberment (AD&D), vacation days, sick days, and other benefits</li><li>Travel: This position will not require any travel</li></ul> Disclaimer: To All Recruitment Agencies - NexCore Group does not accept unsolicited third-party resumes. NexCore Group knows that when we welcome different points of view, it makes us better, stronger, and moves us boldly forward in becoming a world-class company. That is why we're proud to be an Equal Opportunity Employer and encourage all qualified talent to apply. Your application will be reviewed regardless of race, religion, gender, sexual orientation, national origin, disability, age, or veteran status. If you are interested in applying for a position with NexCore Group and need special assistance or an accommodation to use our website, please contact HR@NexCoregroup.com

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