AVP, Commercial Property Management

SUMMARYThe Assistant Vice President of Property Management is responsible for providing leadership to Property Managers in support of the oversight of their respective properties. The AVP of Property Management’s team typically consists of 3-5 Senior Property Managers that will report directly to the AVP and approximately 6-8 Property Managers and Property Administrators that will report indirectly. The AVP will have oversight of a portfolio totaling approximately 5,000,000+ rentable square feet and 700+ tenants. This position requires effective decision-making skills, successful guidance over a team, and strong experience in real estate management. The AVP will lead the property management staff across the assigned portfolio to support asset strategies, manage operating expenses to achieve Net Operating Income (NOI) growth, and maximize cash flow while ensuring a consistent high level of tenant satisfaction.KEY RESPONSIBILITIESProvide strong leadership and mentorship skills to the property management staff, developing and implementing staff planning and development initiatives to meet ongoing management/professional requirements.Establish and maintain strong working relationships with hospital officials, tenants, and the communities in which their portfolios reside.Ensure proper training, guidance, and feedback to implement aggressive annual expense management and service contracting practices to support NOI growth targets.Follow and adhere to the Asset Strategy plans for assigned properties, ensuring that Property Managers maintain a thorough understanding of the strategic direction of the asset.Maintain strong knowledge of all operations and financial policies, ensuring compliance with all company policies and procedures.Ensure timely completion of monthly and quarterly management reports, including budget variance reports and income and expense reports.Responsible for the ongoing collection of tenant rents and developing proactive rent collection measures.Direct the implementation and maintenance of proper risk management practices.Assist in the due diligence and onboarding of new property acquisitions.Create practices leading to the procurement of products and services that optimize available economies of scale.OTHER DUTIESThis job description is not designed to cover a comprehensive listing of activities, duties, or responsibilities required of this employee. Duties may change at any time with or without notice.TRAVEL30-40% travel is expected for this position.COMPENSATIONCompensation ranges may vary by location. The total annual target compensation for this role is $230,000 - $290,000 (salary + bonus + long-term incentive), with base salaries typically ranging between $145,000 - $185,000.MINIMUM REQUIREMENTSExperience:

A minimum of 7 years’ experience in property management, asset management, and/or leasing of commercial buildings. Medical Office Building experience is preferred but not required. Real estate license, CPM, CFM or RPA designation is preferred.Education:

Bachelor’s degree in business, real estate finance, or related field. MBA preferred.Applicants must be able to pass a pre-employment drug screen.WHAT WE OFFERCompetitive Base Salary + Annual BonusGenerous Paid Time Off and HolidaysEmployer-matching 401(k) Program + Profit Sharing ProgramStudent Debt Program – we’ll contribute up to $10,000 towards your student loans!Tuition Assistance ProgramEmployee Stock Purchase Program – purchase shares at a 15% discountComprehensive Medical/Dental/Vision optionsAnd much more!ABOUT WELLTOWERWelltower, an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with leading seniors housing operators, post-acute providers, and health systems to fund the real estate and infrastructure needed to scale innovative care delivery models.Welltower is committed to leveraging the talent of a diverse workforce to create great opportunities for our business and our people. EOE/AA. Minority/Female/Sexual Orientation/Gender Identity/Disability/Vet.

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