What are the responsibilities and job description for the Investments Associate position at MorningStar Senior Living?
Investments Associate will play a critical role in driving MorningStar Senior Living’s growth and performance across its portfolio of senior housing communities. This position will oversee investment analysis, asset management strategies, and execution of large-scale initiatives to maximize value creation. The ideal candidate is a strategic thinker with strong financial acumen, deep understanding of real estate investments, and proven ability to manage complex projects and relationships.
Key Responsibilities
Investment Management
- Lead underwriting and financial analysis for acquisitions, developments, and recapitalizations.
- Support deal execution for actionable projects including due diligence, LOI negotiations, and closing processes.
- Monitor market trends and identify new investment opportunities aligned with company growth objectives.
Asset Management
- Oversee large-scale CapEx planning and execution across multiple communities.
- Manage 5-year CapEx plans, physical plant compliance, and TELS usage.
- Drive performance optimization through rate management, and annual rate increase reporting.
- Lead strategic planning and follow through for focus communities.
- Implement proactive strategies for internal transactions and capital call management.
Financial & Operational Oversight
- Prepare templates and review monthly reporting packages and performance dashboards.
- Lead initiatives for revenue optimization and expense control across the portfolio.
- Support equity relationships and investor reporting requirements.
Stakeholder Engagement
- Maintain and create strong relationships with capital partners.
- Coordinate with internal teams and external partners to ensure alignment on investment and asset management strategies.
- Participate in regular calls and updates with equity partners and internal leadership.
Qualifications
- Bachelor’s degree in Finance, Real Estate, Business, or related field.
- 4 years of experience in real estate investments and asset management, preferably in senior housing or healthcare real estate.
- Strong financial modeling and analytical skills; proficiency in Excel and financial software.
- Excellent communication and relationship management skills.
- Ability to manage multiple projects and deadlines in a fast-paced environment.