Director - Capital Asset Management

Salary :

$200,000 - 240,000 yearly

Company : Healthpeak Properties

Job Type : Full Time

Boston, Ma

Job Description - Director - Capital Asset Management

Company Overview

Our company is a leading national healthcare REIT with over $20 billion of owned real estate concentrated in laboratory, outpatient medical, and entrance-fee senior housing communities.
As an innovative real estate owner at the forefront of the healthcare industry, the firm is committed to disciplined capital deployment, operational excellence, and long-term value creation for shareholders, customers, and employees.
Position Responsibilities

Primary focus on lab and outpatient medical assets.
- Support senior housing assets as needed.

Project Management

Serve as owner’s representative for capital improvement programs across the Boston market, inclusive of tenant improvements and amenities upgrades.
Establish project scope, budgets, schedules, and execution strategies aligned with leasing, tenant demand, and asset business plans.
Deliver projects through a flexible execution model, providing direct oversight where appropriate and engaging third-party construction managers or project management firms based on project scale, complexity, and risk.
Provide regular reporting on project status, budget performance, schedule adherence, and key risks.
Lead project execution from planning through close-out.
Facilitate milestone meetings and cross-functional coordination.
Drive timely decision-making, issue resolution, and course correction.
Support the leasing team by reviewing and responding to tenant mechanical, electrical, and plumbing (MEP) inquiries during lease negotiations and fit-out planning
Interface directly with prospective tenants to clarify building infrastructure capabilities, coordinate site walkthroughs, and provide technical information as needed.

Technical Expertise

Provide technical leadership and support to property management teams and building engineers.
Conduct property condition assessments on a scheduled basis and as part of acquisition or disposition due diligence.
Review preventative maintenance programs to identify performance gaps, capital risks, and long-term replacement needs.

Budgeting and Forecasting

Develop and execute portfolio-level capital strategies aligned with asset business plans.
Prepare and manage annual and multi-year capital budgets and forecasts.
Track year-to-date capital spend against approved budgets and identify variances.

Communication

Maintain ongoing communication with property management and leasing teams.
Provide oversight and guidance to operators and third-party service providers.
Lead preparation and coordinated response for portfolio emergencies, including natural disasters.
Support emergency communications, incident tracking, and reporting of material events.
Collaborate with peers across portfolios to identify best practices and continuous improvement opportunities.

Other Responsibilities

Lead portfolio sustainability initiatives and execution.
Participate in special initiatives requiring presentations to senior leadership and key stakeholders.
Review contracts and provide technical and commercial input for legal review.
Identify opportunities to enhance property value through utility optimization and operating expense reduction.
Strengthen portfolio technical capabilities through vendor partnerships and training initiatives.
Drive process improvement across capital planning and project delivery.
Build and maintain relationships with key vendors and consultants.

Position Requirements

Bachelor’s Degree in Mechanical, Electrical, Civil Engineering, Construction Management, Architecture, or related field preferred.
Minimum of 4 years of experience in project management, construction management, engineering, architecture, or a closely related environment.
Experience in capital planning, budgeting, and cost estimating.
Strong verbal and written communication skills.
Staff management experience a plus.
Ability to manage multiple projects concurrently with limited oversight.
Advanced Excel skills and working knowledge of Microsoft Office.
Strong analytical and problem-solving skills.
Ability to access building systems, rooftops, ladders, and confined spaces as required.
Ability to work effectively while traveling and remotely.
Travel up to 30%.
$200k - $240k annual salary based on experience

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Director - Capital Asset Management

Job Description - Director - Capital Asset Management

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