VP, Real Estate Asset Management (Senior Housing)
Coda Search│Staffing
We have been retained to identify an experienced Senior Housing investment professional for a Vice President-level asset management role at a highly regarded institutional real estate investment manager. This is a hands-on, high-impact position sitting within a growing Senior Housing & Active Adult platform offering genuine scope to shape strategy, drive performance, and contribute to a best-in-class team.
The firm ($75B AUM) manages a diversified portfolio of senior housing and active adult investments across the institutional real estate landscape. This hire will play a central role in the day-to-day execution of asset management strategies, operator engagement, and business plan delivery with direct exposure to the full investment lifecycle.
If you are a Senior Housing specialist with institutional pedigree, a sharp financial mind, and the operational instincts to drive NOI performance through active operator partnerships, we want to hear from you.
Responsibilities
Asset Management & Business Plan Execution
- Execute approved asset-level business plans across Senior Housing & Active Adult investments in coordination with senior leadership
- Monitor financial and operational performance across assigned assets, including monthly performance analysis, forecasting, and KPI tracking
- Conduct regular operator calls and periodic property visits to review performance, staffing, leasing trends, expense controls, and capital initiatives
- Partner with third-party operators to drive occupancy, rate growth, margin improvement, and NOI performance
- Track and oversee capital expenditure programs and value-enhancement initiatives
- Identify operational risks and develop actionable mitigation strategies
Investment & Portfolio Collaboration
- Collaborate with the Investments team during underwriting and due diligence including review of operating assumptions, market data, and operator capabilities
- Support annual budgeting and reforecasting processes with operators and internal stakeholders
- Manage refinancing, recapitalization, and disposition processes, including coordination of diligence materials and lender/buyer requests
- Contribute to the development and refinement of asset management best practices, reporting standards, and portfolio analytics
Reporting & Stakeholder Engagement
- Prepare investment committee memoranda, quarterly asset reports, and investor-facing materials
- Present performance updates to senior management with clarity and conviction
- Work closely with Investments, Research, Portfolio Management, and Capital Markets teams across the investment lifecycle
Team Development
- Train, mentor, and support the development of Analysts and Associates
- Review work product and contribute to a collaborative, high-performance team culture
Requirements:
- 5–8 years of experience in Senior Housing asset management this is a non-negotiable requirement
- Background within an institutional real estate investment manager, REIT, private equity platform, or comparable environment
- Strong understanding of property-level financial statements, budgeting, and forecasting
- Demonstrated ability to manage multiple assets and priorities in a fast-paced, deadline-driven environment
- Direct experience working with third-party operators or joint venture partners
- Strong analytical capabilities able to synthesize complex financial and operational data into clear, actionable insights
- Effective communicator with experience preparing investment memoranda and presenting to senior stakeholders
- Collaborative team player with strong cross-functional engagement skills
- High degree of integrity, accountability, and sound judgement
- Self-starter with a proactive, solutions-oriented mindset and strong attention to detail
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