What are the responsibilities and job description for the AVP Asset Management position at Healthpeak Properties, Inc.?
Healthpeak Properties is a fully integrated real estate investment trust (REIT) and an S&P 500 company. We specialize in owning, operating, and developing high-quality real estate focused on healthcare discovery and delivery. Our impressive portfolio includes nearly 50 million square feet of medical outpatient buildings, lab and life science facilities and Senior Assisted Living centers throughout the country.
Position Overview
Assistant Vice President of Asset Management will oversee a portfolio of senior housing assets. This executive will be responsible for driving operating performance, capital efficiency, and strategic execution across a multi-operator platform.
The AVP will partner closely with senior leadership, operating partners, investments, capital markets, and development to enhance NOI growth, optimize contract structures, and execute portfolio strategy, including repositioning and transitions.
This position reports senior executive leadership within the Senior Housing platform. Travel to portfolio assets is required. Regular site visits are an essential component of this role.
Key Responsibilities:
Portfolio Performance & Value Creation
Position Overview
Assistant Vice President of Asset Management will oversee a portfolio of senior housing assets. This executive will be responsible for driving operating performance, capital efficiency, and strategic execution across a multi-operator platform.
The AVP will partner closely with senior leadership, operating partners, investments, capital markets, and development to enhance NOI growth, optimize contract structures, and execute portfolio strategy, including repositioning and transitions.
This position reports senior executive leadership within the Senior Housing platform. Travel to portfolio assets is required. Regular site visits are an essential component of this role.
Key Responsibilities:
Portfolio Performance & Value Creation
- Drive same-store NOI growth, margin expansion, and cash flow optimization.
- Oversee RevPOR strategy, rate increases, discount governance, and contract mix management.
- Implement asset-level action plans with measurable KPIs and performance tracking cadence.
- Allocate capital to highest-return opportunities across unit upgrades, repositionings, expansions, and amenity enhancements.
- Oversee major renovation and repositioning projects in coordination with operators and internal construction teams.
- Maintain disciplined operator governance framework including performance reviews, reporting standards, and budget approvals.
- Negotiate and manage incentive-aligned management agreements.
- Drive operational consistency across multiple operators while preserving local market execution strength.
- Lead operator transitions when required, including diligence, onboarding, and stabilization.
- Support portfolio-level strategy including asset repositioning, expansion evaluation, and divestiture initiatives.
- Lead underwriting and execution of value-enhancing capital investments.
- Evaluate market dynamics, supply trends, and housing market indicators affecting entrance fee velocity.
- Partner with Investments and Capital Markets on portfolio growth initiatives and capital allocation strategy.
- Ensure compliance with all management agreements, joint venture agreements, and other governing documents.
- Present portfolio performance and strategy to executive leadership
- Develop clear, data-driven reporting on occupancy, NOI, margin, sales trends, and capital returns
- MBA, CFA, or other relevant advanced professional designation strongly preferred.
- 8 years of relevant experience in asset management, real estate, investments, or portfolio management, preferably within senior housing, healthcare real estate, hospitality, or a related sector.
- Strong understanding of senior housing operations, operator management, and asset-level value creation levers.
- Demonstrated ability to read, interpret, and administer complex legal, financial, and operating documents, including management agreements, joint venture agreements, leases, debt documents, and other governing agreements.
- Demonstrated experience driving NOI growth, overseeing budgets and capital plans, and executing strategic asset initiatives.
- Strong financial analysis and underwriting capabilities, including forecasting, budgeting, variance analysis, and return-on-investment evaluation.
- Experience working across functions, including operations, investments, development, legal, accounting and tax.
- Excellent communication and presentation skills, with the ability to synthesize complex issues into clear recommendations for senior leadership.
- High level of proficiency in Excel and financial modeling; experience with portfolio reporting and business intelligence tools is preferred.
- Willingness and ability to travel regularly to portfolio assets.
- Offering $200-230k/yr plus stock based compensation and cash incentives
Salary : $200,000 - $230,000