AVP/VP, Asset Management - Healthcare

Harrison StreetChicago, IL

Apply with Sonara

Automate your job search with Sonara.

Submit 10x as many applications with less effort than one manual application.¹

Reclaim your time by letting our AI handle the grunt work of job searching.

We continuously scan millions of openings to find your top matches.

Job Description

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 an Assistant Vice President or 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 Heathcare/Medical real estate.

Responsibilities

Oversee and manage wholly-owned and joint venture investments in 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;
Source, coordinate, and close all property refinancings;
Establish and communicate internal hold/sell recommendations;
Oversee asset dispositions, including presenting the transaction to 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 transactions 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);
7+ years of relevant experience in commercial real estate investment roles, preferably within Medical real estate.
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 and Argus).
This position requires frequent travel to visit properties, property managers, and operating partners.

For Illinois Only: The expected base salary range for this position is $150,000 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 (312) 920-0500 or careers@harrisonst.com. 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.

Automate your job search with Sonara.

Submit 10x as many applications with less effort than one manual application.

Apply with Sonara Apply manually

FAQs About AVP/VP, Asset Management - Healthcare Jobs at Harrison Street

What is the work location for this position at Harrison Street?

This job at Harrison Street is located in Chicago, IL, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.

What pay range can candidates expect for this role at Harrison Street?

Employer has not shared pay details for this role.

What employment applies to this position at Harrison Street?

The employer has not provided this information. This may be discussed during the hiring process.

What is the process to apply for this position at Harrison Street?

You can apply for this role at Harrison Street either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.