Manager, Asset Management ( Hybrid )

 

When you join Sunrise Senior Living, you will be able to use your unique skills to empower residents to live longer, healthier, and happier lives. Not only will you build meaningful relationships with residents, their families, and team members alike, you will also gain joy in serving others and deep fulfillment in your work. Explore how you can follow your passions and shed light on meaningful ways to serve, grow, and shine together.

Sunrise Senior Living was again certified as a Great Place to Work® by Activated Insights. This is the 7th time Sunrise has received this top culture and workplace designation, highlighting the special place Sunrise is to be a part of.

COMMUNITY NAME

Community Support Office

Job ID

2025-228323

JOB OVERVIEW

The Manager of Asset Management is critical to creating value across our operating and development portfolios, helping to both set and execute strategic and operational initiatives that maximize returns on their assigned portfolio assets.  This will be achieved by understanding and managing analysis related to both our Property Owners and Operating teams (including departments across our Community Support Office and the field), utilizing strong analytical skills and insights to identify issues and opportunities and working with the VP of Asset Management to develop and execute action plans.  Will also support the growth of the Sunrise business by helping to underwrite new acquisitions, investments, and redevelopments. 

 

As a member of our Asset Management Team, this role is a high-potential individual with a desire to drive results while living our values to achieve our mission “to champion quality of life for all seniors”. 

RESPONSIBILITIES & QUALIFICATIONS

  Responsibilities:

Leadership 

• Partner with the CSO and Operations leadership and other departments’ analysts (including FP&A, Operations, and Development) to develop and share the strategy and vision for assets in their assigned portfolio 

• Manage a team of financial analysts.  Coach, train, mentor, and provide insights to other analysts and operational leaders across the organization 

• Visit communities and share best practices across the business, with a specific focus on improving operational results 

Property Owner/Investor Relations 

• Cultivate and maintain strong relationships with members of Property Owners’ Asset Management teams 

• Review and analyze operating results.  Present results to Property Owner asset management and senior executive leadership teams 

• Develop and present investment opportunities for capital partner approval such as redevelopments, unit conversions, or strategic repositioning of assets 

• Ensure compliance with management agreements by tracking, forecasting, and communicating results of performance tests and delivering required reporting 

• Develop an understanding of the core drivers of our business, objectively analyzing performance, and explain “what is really happening” while partnering with VP to develop and execute the clear actions required to drive stronger performance

 

Grow NOI and Property Value  

• Drive the budget and strategic business plan process for assigned portfolio of assets 

• Identify and execute areas for operational improvement and other opportunities across the portfolio, while forming cross-functional teams to execute initiatives and evaluating their subsequent performance 

• Partner with VP to drive core corporate processes such as strategic plans, rate setting, sales initiatives, operating model enhancements, and M&A transactions 

• Proactively drive priorities and analytics related to community NOI perspective: 

• Drive RevPAR across the portfolio by optimizing market room and care rates 

• Ensure labor costs are managed effectively, reviewing how to optimize labor expenditures and utilization 

• Benchmark other costs and ensure effective management of margins, and identify opportunities for improvement on specific assets 

• Partner with operations to analyze proposed renovation/repositioning programs for aging and underperforming assets 

• Understand Sunrise’s Corporate EBITDA and relationship to Community EBITDA, and assist in maximizing long-term value for both Property Owners and Sunrise Corporate  

Grow Sunrise Portfolio 

• Analyze potential acquisitions of new management contracts or portfolios of assets.   

• Prepare and present investment underwriting and M&A models to senior Sunrise