Director - Capital Asset Management

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

• 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.

• 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.

• 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.

• 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.

• 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.

• 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

Salary : $200,000 - $240,000