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Capital Asset Management Manager

Healthpeak Properties, Inc.

Job Description

Job Description

Company Overview
Healthpeak Properties is a fully integrated real estate investment trust (REIT) and an S&P 500 company. We specialize in owning, operating, and developing high-quality real estate focused on healthcare discovery and delivery. Our impressive portfolio includes nearly 50 million square feet of medical outpatient buildings, lab and life science facilities and Senior Assisted Living centers throughout the country.

Position Overview
The Manager, Capital Asset Management supports a geographically diverse senior housing portfolio and acquisition pipeline by conducting inspections, preparing survey reports, assisting outsourced operators with capital planning, and providing owner-representative oversight of third-party project and construction managers. This role supports all asset managers and provides backup to other Capital Asset Management team members. The successful candidate combines building-system familiarity, budget discipline, field judgment, clear writing, and confidence coordinating operators and external technical resources.
Position Responsibilities
Acquisition Diligence and Reporting
  • Conduct on-site inspections and assessments for senior housing acquisitions and existing assets throughout the United States, evaluating material site, envelope, roofing, structural, mechanical, electrical, plumbing, life-safety, vertical transportation, interior, and site-infrastructure conditions.
  • Prepare concise, decision-ready survey reports documenting observed conditions, photographs, immediate and near-term priorities, preliminary capital exposure, and items requiring specialist review.
  • Review available property condition assessments, engineering reports, proposals, maintenance records, and capital history; identify inconsistencies, diligence gaps, and required follow-up.
  • Coordinate follow-up with operators, sellers, architects, engineers, consultants, contractors, and specialty vendors; communicate material risks and budget implications to investment and asset management stakeholders.
Capital Planning and Portfolio Support
  • Partner with outsourced senior housing operators to identify and prioritize capital needs across Florida and other assigned markets.
  • Contribute asset-condition observations, technical guidance, preliminary cost perspectives, and prioritization input to annual and multi-year capital plans, reforecasts, and monthly capital reviews.
  • Assess capital requests for scope, assumptions, reasonableness, asset conditions, resident and operational impact, regulatory considerations, and investment objectives.
  • Help establish and apply standards for unit turns, apartment upgrades, amenity renovations, exterior improvements, and recurring building-system replacements.
  • Provide technical support to operators, property teams, and asset managers, including review of preventive maintenance, equipment reliability, useful-life extension, and efficiency opportunities.
Owner-Representative Oversight
  • Represent the owner in oversight of third-party project and construction managers, architects, engineers, consultants, contractors, and vendors.
  • Provide guidance on capital budgets, technical requirements, owner standards, scope alignment, schedule priorities, quality expectations, and resident or operational impacts.
  • Review plans, budgets, schedules, proposals, bid comparisons, change requests, progress reports, invoices, and closeout information prepared by operators and third-party managers; identify gaps and escalate material cost, schedule, quality, safety, access, or operational concerns.
  • Participate in project calls and site reviews, monitor alignment with approved objectives, and maintain organized diligence and project documentation.
  • Support regional and national vendor relationships and practical process improvements that strengthen responsiveness, pricing visibility, reporting consistency, and data quality.
Position Requirements
  • Bachelor's degree required in Finance, Construction Management, Engineering, Architecture, Building or Facilities Management, Real Estate, or a closely related field.
  • At least four years of relevant experience in senior housing, multifamily, hospitality, healthcare real estate, capital management, engineering, construction, architecture, project management, or facility management.
  • Experience with occupied-building inspections, survey reporting, capital planning, budget review, renovation oversight, and coordination of outsourced operators or technical consultants.
  • Working familiarity with major building systems and the judgment to recognize material conditions, ask effective technical questions, and determine when specialist review is required.
  • Strong budget management capability, including forecasting, variance review, proposal and invoice review, change evaluation, and awareness of forecast-to-complete.
  • Ability to read plans, specifications, proposals, reports, schedules, and technical documentation and translate field conditions into clear priorities, recommendations, and capital implications.
  • Superior written and verbal communication; strong organization, analysis, judgment, accountability, and attention to detail; ability to manage multiple priorities with limited oversight.
  • Confidence coordinating outsourced operators, architects, engineers, third-party managers, contractors, trades, and vendors without direct authority.
  • Advanced Excel skills; strong working knowledge of Word, PowerPoint, Outlook, Teams, and finance and real estate concepts.
  • Military service and/or hands-on engineering experience are strongly valued.
  • Travel and Physical Requirements
  • Approximately 40% travel on average throughout Florida and potentially any part of the United States, with variation based on acquisition and project activity.
  • Ability to work efficiently while remote or traveling and to spend extended periods walking active properties and construction areas, including approximately 5 to 10 miles in a day when necessary.
  • Ability to safely climb ladders, access roofs and mechanical spaces, navigate uneven terrain and constrained areas where conditions are deemed safe, and use appropriate personal protective equipment.

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Vacancy posted 20 days ago
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