Associate

About SLTC, LLCSLTC, LLC is a private investment firm focused exclusively on the senior housing sector, including independent living, assisted living, memory care, and continuing care retirement communities (CCRCs). We partner with experienced operators to acquire, develop, and manage high-quality communities that serve aging populations across the United States. Our team combines deep sector expertise with a disciplined, data-driven investment approach.Position OverviewSLTC is seeking an Associate to join its investment team. The Associate will play a central role across the full investment lifecycle—from originating and underwriting new acquisition opportunities to actively managing assets within the existing portfolio. This is a high-impact, highly visible role suited to a motivated professional with 2–3 years of experience in real estate private equity, investment banking, or a related field who is passionate about senior housing and healthcare real estate.Key ResponsibilitiesAcquisitions & UnderwritingWork with team to source, evaluate, and underwrite senior housing acquisition opportunities across all care types (55+, IL, AL, MC, CCRC).Build and maintain complex financial models, including property-level cash flow projections, hold/sell analyses, sensitivity analyses, and IRR/equity multiple waterfalls.Conduct thorough market research and feasibility analysis, including competitive landscape reviews, demographic studies, supply/demand dynamics, and local regulatory environment.Coordinate and manage all aspects of due diligence, including third-party vendor engagement (physical, environmental, operational, legal), document review, and management interviews.Prepare and present investment committee memoranda summarizing investment thesis, key risks, and recommended deal structures.Support deal structuring and negotiation, including LOIs, PSAs, JV agreements, and financing terms.Maintain and update an active pipeline of acquisition opportunities; track market activity, transaction comparables, and operator relationships.Asset ManagementMonitor and manage a portfolio of senior housing assets, tracking operational and financial performance against underwritten projections and business plan milestones.Review and analyze monthly and quarterly operating reports, including occupancy trends, NOI performance, expense variances, and capital expenditure activity.Maintain portfolio-level performance tracking tools and prepare regular investor reporting packages, including quarterly updates and annual reviews.Collaborate with operating partners to identify value-creation opportunities, resolve performance issues, and drive strategic initiatives (repositioning, operator transitions, capital projects).Evaluate refinancing, recapitalization, and disposition opportunities within the portfolio; prepare hold/sell analyses and support execution.Interface with lenders, equity partners, legal counsel, and other stakeholders on portfolio matters.Firm InitiativesContribute to the development of internal processes, templates, and best practices to enhance investment and portfolio management functions.Stay current on senior housing industry trends, regulatory changes, reimbursement dynamics (Medicaid/Medicare), and capital market conditions.Support fundraising and investor relations activities as needed, including preparation of marketing materials and LP communications.QualificationsRequired2–3 years of experience in real estate private equity, real estate investment banking, investment sales/capital markets, or a related investment role.Strong financial modeling skills with proficiency in Excel; experience with property-level and fund-level models preferred.Solid understanding of real estate fundamentals, including valuation methodologies, capital structures, and investment return metrics.Excellent written and verbal communication skills; ability to synthesize complex information into clear investment narratives.High attention to detail and strong organizational skills with the ability to manage multiple workstreams simultaneously.Demonstrated intellectual curiosity and a strong work ethic; comfortable in a lean, entrepreneurial environment.Bachelor’s degree in Finance, Real Estate, Economics, or a related field.Travel 10 - 20%PreferredPrior experience in senior housing, healthcare real estate, or long-term care.Familiarity with senior housing operations, including occupancy metrics, staffing ratios, labor cost dynamics, and regulatory compliance.Compensation & BenefitsSLTC offers a competitive compensation package commensurate with experience, including a base salary, discretionary performance bonus, and the opportunity to co-invest alongside the firm in transactions. Additional benefits include comprehensive health coverage, paid time off, and a collaborative, merit-based culture with meaningful opportunities for growth.