Asset Manager - Real Estate Transactions (Real Estate Development & Facilities)

Job Description

NYU Langone Health is a fully integrated health system that consistently achieves the best patient outcomes through a rigorous focus on quality that has resulted in some of the lowest mortality rates in the nation. Vizient Inc. has ranked NYU Langone the No. 1 comprehensive academic medical center in the country for three years in a row, and U.S. News & World Report recently placed nine of its clinical specialties among the top five in the nation. NYU Langone offers a comprehensive range of medical services with one high standard of care across 6 inpatient locations, its Perlmutter Cancer Center, and over 320 outpatient locations in the New York area and Florida. With $14.2 billion in revenue this year, the system also includes two tuition-free medical schools, in Manhattan and on Long Island, and a vast research enterprise with over $1 billion in active awards from the National Institutes of Health.


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Position Summary:
We have an exciting opportunity to join our team as an Asset Manager - Real Estate Transactions (Real Estate Development & Facilities).


Reporting to NYU Langone Health's Senior Real Estate Manager, this position will play a role in all aspects of the development and implementation of real estate solutions in support of the health systems multi-year capital plan. As NYU Langone Health is consistently evaluating and analyzing its portfolio needs and investments, this position provides an unmatched opportunity for a talented person to contribute and learn.

Job Responsibilities:

• Contribute towards the implementation and operationalization of capital planning and projects (new builds, consolidations, expansions) and real estate transactions (acquisitions, dispositions, lease renewals, expansions, contractions, terminations, buyouts, etc.) across the portfolio
• Engage, collaborate, and coordinate across RED+F teams (including but not limited to Planning, Design, & Construction; Real Estate Operations; Regulatory & Compliance; Finance & Administration; Project Support; and EH&S) to facilitate effective asset management of new and existing properties, including analysis regarding capital investments, operating costs, and strategic planning
• Assist in the management of the off-campus Real Estate portfolio, including acting as a liaison in resolving lease disputes and other landlord or tenant-related matters in connection with capital project work or operational matters
• Develop and maintain strong relationships with Landlords, Tenants/Subtenants, Property Managers and interface with real estate operations and/or project teams as applicable to provide lease interpretation, support enforcement of NYUs contractual rights (including preparing and issuing default notices as appropriate), and resolve disputes/claims with Landlords, Tenants/Subtenants, Licensees, adjacent property owners, etc. in coordination with the office of general counsel and NYU risk management departments
• Contribute to budget planning efforts (expense and capital as applicable) related to projected development and occupancy costs and monitor budget performance against initiatives
• Produce analyses of and reporting on the real estate portfolio, to inform potential transaction opportunities (acquisition/disposition) and investment considerations in alignment with capital planning strategies and institutional needs
• Ensure best practices in asset management are upheld, contributing to continuous improvement of the off-campus Real Estate portfolio and effective financial and operational management of all assets
• Assist in asset valuations and financial modeling, collaborating with capital projects, finance & administration, real estate management and external appraisers, as needed
• Perform other duties as assigned.

Key Competencies:

• Creativity the ability to analyze operational and legal issues that meet institutional needs in ways that conform to the constraints imposed by operational or programmatic requirements of a diverse and accomplished group of users as well as by the limited financial resources available to an educational non-profit;
• Independence the desire and capacity to function independently, assuming ownership and responsibility for projects and the ability to follow-through on assignments without regular supervision or reminders;
• Proficiency with Analytics and Financial Concepts the ability to create user-friendly financial models and analyses to be presented to a diverse group of users; and
• Discipline the maturity and composure to operate as a professional within a demanding environment.

Minimum Qualifications:

• Bachelors degree is required
• 3 years relevant, full-time property management, asset management or corporate real estate-oriented experience is a must
• Advanced degree or relevant coursework is highly desirable
• Superior interpersonal skills, organization, process management skills and lease-related experience are essential
• Strong communication, analytical skills, and facility with computer database management and spreadsheet software are strongly desirable

Preferred Qualifications:

• Bachelors Degree in related field
• 7 years of relevant full time experience

Qualified candidates must be able to effectively communicate with all levels of the organization.

NYU Langone Health provides its staff with far more than just a place to work. Rather, we are an institution you can be proud of, an institution where you'll feel good about devoting your time and your talents.

At NYU Langone Health, we are committed to supporting our workforce and their loved ones with a comprehensive benefits and wellness package. Our offerings provide a robust support system for any stage of life, whether it's developing your career, starting a family, or saving for retirement. The support employees receive goes beyond a standard benefit offering, where employees have access to financial security benefits, a generous time-off program and employee resources groups for peer support. Additionally, all employees have access to our holistic employee wellness program, which focuses on seven key areas of well-being: physical, mental, nutritional, sleep, social, financial, and preventive care. The benefits and wellness package is designed to allow you to focus on what truly matters. Join us and experience the extensive resources and services designed to enhance your overall quality of life for you and your family.


NYU Langone Health is an equal opportunity employer and committed to inclusion in all aspects of recruiting and employment. All qualified individuals are encouraged to apply and will receive consideration. We require applications to be completed online.

View Know Your Rights: Workplace discrimination is illegal.

NYU Langone Health provides a salary range to comply with the New York state Law on Salary Transparency in Job Advertisements. The salary range for the role is $101,493.51 - $112,000.00 Annually. Actual salaries depend on a variety of factors, including experience, specialty, education, and hospital need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits.

To view the Pay Transparency Notice, please click here