Vice President - Asset Management, Senior Housing

Harrison Street Asset Management ("HSAM") is a leading global alternative investment management firm focused on real estate, infrastructure, and credit strategies across North America and Europe. Headquartered in Chicago, Toronto, and London with offices across North America, Europe, Asia and the Middle East, the firm has over $108 billion in assets under management on behalf of institutional investors and registered investment advisors globally. Founded on a culture of innovation, HSAM is an early mover in alternative real estate and mid‑market infrastructure. Today, the firm’s global team, consisting of more than 520 professionals, is committed to creating long‑term value through deep sector expertise and forward‑thinking strategies. Harrison Street is seeking to hire a Vice President in the Asset Management department who will focus on investments. Candidates should possess substantial experience in asset management, capital markets (debt financing and property dispositions), financial analysis, leasing, and new development oversight, and should have a deep understanding of real estate investing and management fundamentals. The ideal candidate(s) will be a strategic team player with demonstrated quantitative, financial, and analytical skills, who is able to efficiently allocate time between multiple tasks and navigate changing priorities. Ideally with a progressive background in Senior Housing. Responsibilities Oversee and manage wholly‑owned and joint venture investments in the US, as well as the respective property management and partner relationships. Specific duties will include: Manage relationships with existing operating partners and third‑party property managers; Collaborate with our dedicated Capital Markets team to close all property refinancings; Collaborate with our dedicated Transactions team to manage relationships; Establish and communicate internal hold/sell recommendations; Oversee asset dispositions, including presenting the transaction to the investment committee, selecting a broker, negotiating the purchase contract, and facilitating the due diligence and closing processes; Formulate property‑level strategy, budgets, and capital improvement plans; Determine and implement value preservation strategies, including the preparation of capital call memorandums as necessary; Assist transaction colleagues in the underwriting of new investments as well as new operating partners or property managers; Analyze and monitor property financial performance and debt covenant compliance; Alongside construction consultants, monitor schedules, budgets, and draws for new developments and ensure compliance with the relevant governing documents; Review and approve third‑party appraisal reports and complete periodic internal valuations and re‑underwriting processes; Actively mentor, train, and guide the career development of more junior professionals on the team. Requirements Bachelor’s degree (real estate and finance concentrations preferred); 10+ years of relevant experience in commercial real estate investment roles: within Senior Housing; Core knowledge of real estate investment and finance principles, as well as a working understanding of real estate accounting; Strong written and verbal communication skills; Ability to draw conclusions from research and data analysis and communicate them concisely and effectively; Thorough understanding of business software (Excel at minimum—Argus preferred); This position requires frequent travel to visit properties, property managers, and operating partners. Salary: $175,000 - $250,000 a year For Illinois Only: The expected base salary range for this position is $175,000 to $250,000. Actual salaries may vary based on a number of factors, including skills, experience, and qualifications. In addition to base salary, total compensation at Harrison Street includes a generous discretionary bonus, along with a comprehensive range of benefits — including medical, financial, and wellness programs — designed to support our employees both professionally and personally. Harrison Street is proud to be an equal opportunity employer committed to diversity, equity and inclusion in the workplace and is an affirmative action employer. All qualified applicants will receive consideration for employment without regard to veteran status, uniform service member status, race, color, religion, sex, national origin, age, physical or mental disability, genetic information or any other protected class under federal, state, or local law. If you require accessibility assistance applying for open positions, please contact our ADA Accessible Line at View phone number on click.appcast.io or View email address on click.appcast.io. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations. Harrison Street does not accept unsolicited headhunter and agency resumes. Harrison Street will not pay fees to any third‑party agency or company that does not have a signed agreement with Harrison Street. #J-18808-Ljbffr