Analyst, Asset Management
Welltower, Inc
2021-12-03 08:52:08
Toledo, Ohio, United States
Job type: fulltime
Job industry: Real Estate & Property
Job description
ABOUT WELLTOWER
Welltower, an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate and infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience. Welltower, a real estate investment trust ("REIT"), owns interests in properties concentrated in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing, post-acute communities and outpatient medical properties. More information is available at
SUMMARY
The Asset Management Analyst is responsible for providing support for a variety of asset management functions, including, but not limited to, assistance with budgeting/reforecasting, financial analysis (NPV, DCF, IRR, etc.), competitive landscape research, and ad hoc projects as required. This role may be located in Toledo, OH or Dallas, TX.
KEY RESPONSIBILITIES
* Assist in the development, review and analysis of annual portfolio and property budgets, including leasing and revenue assumptions, operating expenses, and capital expenditures
* Assist in the development of quarterly reforecast, including operating expenses, revenue assumptions, and capital expenditures
* Preparation and presentation of annual, quarterly and monthly materials and ad hoc requests as required by JV partners and senior management
* Assist with the monitoring and reporting of NOI, expense and other variances through monthly and quarterly reporting
* Property level and portfolio level reporting trend analysis, active involvement with Asset Management team on compilation of market studies, competitive analysis and strategy
* Monitoring property and portfolio level performance metrics and preparing quarterly analysis and reports
* Conducting property visits and preparing property and local market assessments
* Maintain and update Argus models. Generate property level and portfolio level reports. Coordinate updates of relevant inputs (e.g. In place leases, uploads of actual or budgets from accounting systems, market leasing assumptions (MLA's)).
* Monitor, analyze, and report on leasing activity utilizing VTS and working with other departments (accounting, marketing, real estate managers).
* Coordinate and monitor loan advances from lenders where applicable. Assist in the preparing necessary reports for lenders.
* Assisting asset managers on routine tasks and assignments as required
OTHER DUTIES
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of this employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
TRAVEL
Some out-of-area and overnight travel may be expected.
MINIMUM REQUIREMENTS
Experience: Minimum of three years of experience in real estate and/or finance, preferred. Previous real estate financial modeling experience, preferred. Strong proficiency in MS Excel required.
Education: Bachelor's Degree required, preferably in Finance or Business Administration
Applicants must be able to pass a pre-employment drug screen.
Welltower is committed to leveraging the talent of a diverse workforce to create great opportunities for our business and our people. EOE/AA. Minority/Female/Sexual Orientation/Gender Identity/Disability/Vet