Overview:
IRA Capital (“IRA”) is a real estate private equity company with extensive acquisition, investment, development, and asset management expertise. Since 2010, IRA has acquired and overseen over 8 million square feet of commercial real estate with a total capitalization in excess of $3 billion. The company is focused on acquiring high quality, well located, real estate across investment strategies and product types, which include medical office buildings, senior housing, office, retail, industrial, multi-family, hospitals, and more. Our dedicated healthcare real estate platforms present an exciting opportunity for experienced professionals to join our dynamic team and contribute to our continued growth and success.
The asset manager associate will play an important role in the firm by creating strategic plans for each asset in their portfolio, executing on business plans, and will directly support one vice president of asset management.
Responsibilities:
· Asset Strategy : Execute asset management strategies to enhance the value and performance of senior housing properties, including repositioning initiatives, renovation projects, and capital improvement plans.
· Operational Excellence : Collaborate with operator teams to implement operational best practices, enhance resident satisfaction, and maintain compliance with regulatory requirements and industry standards.
· Relationship Management : Cultivate and maintain relationships with operating partners, vendors, and other stakeholders to drive operational excellence and achieve investment objectives.
· Financial Analysis : Conduct financial analysis and performance evaluations of senior housing properties, including annual budgeting, quarterly forecasts, monthly budget variance analysis, revenue optimization strategies, expense management, and capital expenditure planning.
· Market Research : Conduct market research and analysis to identify trends, opportunities, and competitive positioning within the senior housing market, informing investment decisions and asset strategy.
· Risk Management : Identify and mitigate risks related to property operations, market dynamics, regulatory changes, and other factors that may impact the performance of senior housing assets.
· Reporting and Communication : Prepare regular reports and updates on the performance of senior housing properties for internal stakeholders, investors, lender, and partners, providing insights and recommendations for optimizing asset performance.
· Team Leadership and Development : Provide leadership, guidance, and mentorship analysts.
Qualifications:
· Bachelor's degree required
· Minimum of 5 years of relevant experience in commercial real estate. Senior Housing experience preferred.
· Knowledge and understanding of real estate law, finance, and accounting procedures
· Strong customer service and relationship skills
· Extremely strong organizational skills, attention to detail and ability to remain composed and flexible
· Self-motivated with ability to follow-through and exercise good judgment; creative, analytical, and resourceful
Benefits:
· Competitive salary commensurate with experience.
· Comprehensive benefits package including health, dental, and vision insurance.
· Retirement savings plan with employer match.
· Paid time off and holidays.
· Opportunities for professional development and career advancement within a growing company.
How to Apply:
Please submit your resume and cover letter outlining your qualifications and relevant experience to [email protected]. In your cover letter, please highlight your experience in healthcare real estate, as well as your interest in joining our team.
IRA Capital is an equal opportunity employer and welcomes candidates from diverse backgrounds to apply. We thank all applicants for their interest; however, only those selected for an interview will be contacted.
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