VP of Real Estate Development - Senior Living
Job Category : ESL Development
Requisition Number : VPOFR001015
- Posted : April 22, 2024
- Full-Time
Locations
Showing 1 location
Responsibilities
- Develop, negotiate, and manage development project deal points throughout the project cycle, from pre-award through delivery
- Assist in investigating and evaluating feasibility of potential projects including market, site feasibility, entitlements, and project economics
- Serve as the client liaison and relationship manager
- Attend and actively participate in client and team meetings; maintain positive and productive relationships, and effectively communicate with all project stakeholders to mitigate risk and maximize profitability
- Build and maintain relationships with land owners, brokers, and master developers; keep informed of market conditions and understand legislation that could affect operations within the communities we look to develop
- Manage and nurture relationships that are longer term in nature and are not related to an immediate transaction - periodically check in, escalate relationships when necessary
- Lead and participate in business development/pipeline meetings, presentations, marketing activities, and sales strategy meetings as required
- Track new opportunities within the CRM to ensure alignment on approach for each potential deal
- Participate and lead in the generation of proposals, presentations, and interviews to secure new development opportunities
- Negotiate with clients, brokers, community leaders, and other stakeholders to create the best product for the market while providing financial solutions that generate successful results and maximize profitability
- Oversee all aspects of a development transaction, including leasing and physician recruitment
- Supervise, plan, organize, direct, and coordinate multidisciplinary teams; engage Company professionals to work collaboratively to deliver projects; this will include collaboration with financial analysts, directing internal teams to meet schedules and budgets, coordination of third parties for entitlements, weekly architecture and engineering meetings, permitting, and collaboration with construction managers - all of this focused on predictability of determined ground breaks
- Manage the tasks of various parties involved in the purchase
- Provide strategic recommendations to further the mission of NexCore
Skills, Knowledge, and Expertise
Education:
- Bachelors Degree in business, real estate, finance, or related area of study - Required
- Masters Degree in business, real estate, finance, or law - Preferred
Work Experience:
- 5+ years experience in health care development - Required
Skills:
- Desire to have senior living operational and financial awareness or strong desire to become a recognized leader within the senior living industry
- Strong residential (preferably senior living) industry knowledge, including regulations and trends
- Financial analytical skills
- Verbal and written communication skills
- Ability to understand complex financial structures (preferred equity, joint venture structures, land contracts, and other legal documents)
- Leadership and management
Compensation and Benefits
- Compensation: $150,000 - $175,000 / year
- Eligible for discretionary benefits: performance bonus
- Eligible for standard employee benefit elections: Medical, Dental, Vision, 401K, FSA, HSA, Commuter Benefits, Employee Assistance Program, Life Insurance (employee and dependents), Short-term disability (STD), Long-term disability (LTD), Accidental death & dismemberment (AD&D), vacation days, sick days, and other benefits
- Travel: This position may require some travel
Disclaimer:
To All Recruitment Agencies – NexCore Group does not accept unsolicited third-party resumes.
NexCore Group knows that when we welcome different points of view, it makes us better, stronger, and moves us boldly forward in becoming a world-class company. That is why we’re proud to be an Equal Opportunity Employer and encourage all qualified talent to apply. Your application will be reviewed regardless of race, religion, gender, sexual orientation, national origin, disability, age, or veteran status.
If you are interested in applying for a position with NexCore Group and need special assistance or an accommodation to use our website, please contact
About NexCore Group
NexCore Group develops healthcare facilities for hospitals, health systems and physicians. We solve complex real estate challenges through innovative building solutions and creative financial structures. In a rapidly changing healthcare industry, NexCore has the superior expertise to deliver quality environments and flexible spaces that help grow your business, lower expenses and mitigate risk.
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