AVP, Investments

Job Location: 8115 Preston Rd., STE 400, Dallas, TX 75225 Rate of Pay: $192,500 per year AVP, Investments needed by Welltower, Inc. in Dallas, TX to Establish and maintain an integrated portfolio performance dashboard covering occupancy, acuity mix, payer mix, revenue mix, operating expense ratios, capex, debt service, and key clinical indicators (e.g., readmission rates, CMS ratings, quality metrics). Develop standardized quarterly and monthly performance reviews with operators, highlighting variances, drivers, and corrective action plans. Benchmark communities against internal targets and external peers; identify underperformers and craft remediation strategies. Monitor debt covenants, reserve levels, liquidity, and capex plans, escalating issues to senior management with recommended mitigations. Lead initial screening, valuation, and financial modeling for acquisitions and development opportunities, from concept through term sheet. Create and maintain detailed two-to-five-year financial models (rent/rate assumptions, operating costs, capex, financing scenarios, and sensitivity analyses for occupancy, reimbursement, and interest rates). Conduct market due diligence (demographics, competition, regulatory environment, payer mix, supply/demand dynamics) to support investment rationale. Structure deals to optimize risk‑adjusted returns (purchase price allocation and mechanics, earn‑outs, financing mix, preferred equity/GP coinvestments, and adaptable development cap structures). Prepare investment memos and present to the investment committee and external partners. Lead or coordinate all due diligence for acquisitions (financial, operational, clinical, regulatory, legal, environmental). Validate historical financials, forecast reliability, revenue recognition, cost structures, working capital needs, and normalization adjustments. Assess care delivery models, staffing plans, clinical protocols, quality metrics, payer reimbursements, and accreditation status; evaluate clinical non‑compliance or quality risk. Review leases, purchase agreements, guaranties, corporate structure, lien searches, title work, and encumbrances; remediate issues structural changes. Review tenants’ or operators’ credit profiles, personal financial statements where appropriate, guaranty structures, and default risk. Manage relationships with third‑party vendors (legal, accounting, clinical consultants, feasibility experts) to ensure timely, thorough assessments. Assemble closing deliverables, coordinate with lenders, escrow agents, and title companies; finalize schedules, due diligence materials, and post‑closing integration plans. Conduct comprehensive credit analyses of operators and tenants, including historical performance, cash flow, liquidity, debt service coverage, and balance sheet strength. Assess guarantor exposure and determine needs for additional guarantees, collateral, or credit enhancements. Evaluate governance, depth of bench, succession planning, and alignment of incentives with performance targets. Identify credit risk factors affecting covenant compliance, rent collection, or service delivery; develop mitigation plans and monitoring schedules. Prepare credit memos with risk ratings, recommend terms, and monitor triggers for leadership and lenders. Review and critique business plans, operating budgets, capex plans, and financial projections at both company‑wide and property levels. Assess revenue optimization (rate setting, payer mix, marketing) and cost containment (labor efficiency, supply chain, vendor contracts). Validate forecast assumptions via sensitivity analyses and external benchmarks. Evaluate strategic initiatives for financial viability and portfolio alignment. Apply knowledge in real estate investments with a focus on operational real estate. Underwrite financials and create proformas in excel. Lead complex transactions. Apply understanding of reviewing key legal documents from a business perspective. Apply experience in asset management to help drive value across the portfolio. Requires 25% domestic travel. Oversee one Associate and one Senior Associate. Minimum Requirements: Requires a Bachelor degree, or foreign equivalent degree, in Finance, Real Estate, Healthcare, or Business Administration and Economics and 5 years of progressive, post‑baccalaureate experience in the job offered, or 5 years of progressive, post‑baccalaureate experience in a related occupation applying knowledge in real estate investments with a focus on operational real estate; underwriting financials and creating Sensitivity: Sensitive proformas in excel; leading complex transactions; applying understanding of reviewing key legal documents from a business perspective; applying experience in asset management to help drive value across the portfolio. 25% domestic travel required. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor. #J-18808-Ljbffr Welltower