At Boston Children's Hospital, the quality of our care - and our inclusive hospital working environment - lies in the diversity of our people. With patients from local communities and 160 countries around the world, we're committed to reflecting the spectrum of their cultures, while opening doors of opportunity for our team. Here, different talents pursue common goals. Voices are heard and ideas are shared. Join us, and discover how your unique contributions can change lives. Yours included.
ThisSenior Real Estate Asset Managerwill be responsible to:
Work closely with the Sr. Director of Real Estate in the management of the Hospital's real estate holdings including both leased and owned office, retail, research and clinical properties, and roles as both landlord and tenant.
Manage the Hospital's lease relationships as both landlord and tenant. Negotiate lease terms for a portion of the BCH portfolio of properties.
Prepare the annual operating and capital budgets for assigned properties, tenants and leased locations. Process all payments relative to the Hospital's role as tenant. Monitor monthly financial statements for accuracy, and investigate any variances from budget. Develop accruals and re-forecast budgets.
Assist with the development and implementation of property management policies and procedures. Develop and maintain manuals for tenants and occupants of Hospital-leased spaces related to premises daily operations and emergency situations.
Assist with the due diligence associated with owned and leased property acquisitions and dispositions, as well as the planning and implementation of "startup" operations at new owned or leased locations.
Assist in planning and managing the operations of owned and leased real estate to achieve the annual operating and capital budgets.
Supervise third-party property management firms, review all reports and financial data generated by such firms
Administer contractual agreements as both landlord and tenant, including parking agreements, property management, cleaning and maintenance.
Monitor lease compliance for key action dates, options, and notices. Maintain tenant and landlord leases and admin files, including current insurance certificates and retail sales reporting.
Prepare all tenant billings in accordance with lease terms for base rent, common area maintenance charges (CAM), real estate taxes, utilities, and direct billbacks; as well as collections/ cash receipts.
Oversee periodic on-site inspections of owned and leased portfolio.
To qualify you must have:
A Bachelor's degree in business admin, accounting or finance or a closely related field and minimum of (7) years of commercial property management experience, preferably in an institutional setting
The analytical skills necessary (a) to resolve problems requiring a professional level of knowledge in a specific discipline or field and (b) to improve enhance or upgrade complex financial, management and data processing systems and programs.
The ability to communicate effectively and persuasively both orally and in writing including assigning and distributing work and work product, developing and enforcing policies and procedures and landlord and tenant correspondence. Work requires the ability to write comprehensive, detailed reports and proposals for review by management.
Please note: During a public health emergency, individuals in this role may be expected to take on additional duties to respond to organization needs. Boston Children's Hospital is an Equal Opportunity / Affirmative Action Employer. Qualified applicants will receive consideration for employment without regard to their race, color, religion, national origin, sex, sexual orientation, gender identity, protected veteran status or disability.
Boston Children's Hospital is a 395-bed comprehensive center for pediatric health care. As one of the largest pediatric medical centers in the United States, Children's offers a complete range of health care services for children from birth through 21 years of age.