Director of Asset Management - Senior Living
Chicago, IL  / Minneapolis, MN 
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Posted 1 month ago
Job Description
Company Info

With more than 80 years in business and 16 offices (and growing!), Ryan offers comprehensive commercial real estate solutions to customers across the US. We bring a collaborative, relationship-driven approach to delivering spaces where people thrive and businesses succeed. Join a company with an outstanding culture and competitive benefits. At Ryan, we don't just build buildings - we build stories.

Job Description

Ryan Companies US, Inc. is looking for a Director of Senior Living Asset Management! This individual is responsible for creation, oversight, and implementation of strategic plans and programs for senior living properties.

Some things you can expect to do:

  • Review monthly property reports and cash flow forecasts
  • Lead the process of operating partner selection and oversight
  • Develop and implement senior living KPI's for all Ryan-owned properties
  • Assist with the preparation of investment partner presentation reports and investment memorandums
  • Conduct annual site inspections of the communities to analyze the overall condition of the property and make appropriate recommendations on overall strategy
  • Prepare cash flow forecast models at a building and portfolio level
  • Assist with research tasks related to overview of competitive market and demographic trends within the portfolio's geographic area
  • Assist with preparation of annual business plans and review of operating and capital budgets
  • Effectively interact with in-house departments including accounting, investments/acquisitions, capital markets, accounting and legal to ensure a team-oriented approach

To be successful in this role, an undergraduate degree in accounting, finance, real estate, or related field is required. You must have at least 5 years of experience as an asset management professional in real estate or senior living. Knowledge of financial statements, forecasting and modeling, property management issues, loan agreements, policies, and procedures is required.

You will really stand out if you have:

  • Knowledge of Organizational structures/documents (LLC Agreements, Partnership Agreements), Property Tax Assessment Process, Partnership Agreement and Structure, Management Agreements, Financing Structures/Loan Documentation, and Valuation Theory/Analysis
  • Ability to work independently and as part of a team
  • Proficiency in Microsoft Excel and Word
Eligibility

Positions require verification of employment eligibility to work in the U.S.

Must be authorized to work in the U.S.

Certain positions and locations require Covid-19 vaccination, subject to reasonable accommodations for valid medical or sincerely held religious reasons.

Benefits

Competitive Salary

Medical, Dental and Vision Benefits

Retirement and Savings Benefits

Flexible Spending Accounts

Life Insurance

Educational Assistance

Paid Time Off (PTO)

Parenting Benefits

Long-term Disability

Ryan Foundation - charitable matching funds

Paid Time for Volunteer Events

EEO Policy and Reasonable Accomodation Notice

Ryan Companies US, Inc. is an equal opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.

For information about your rights under Equal Employment Opportunity, CLICK HERE.

If we can help accommodate a disability during any portion of the application or hiring process, please email . Reasonable accommodations will be determined on a case-by-case basis. Please note: Our accommodation specialist is unable to provide application status updates.

Ryan does not accept recruiting agency solicitations.

Job number
RYAN01838
City
  • Chicago - Illinois
  • Minneapolis - Minnesota
Functional Area
Capital Markets

Ryan Companies US, Inc. is an equal opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.

For information about your rights under Equal Employment Opportunity, https://www.dol.gov/agencies/ofccp/posters

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
5+ years
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