Project Manager, Senior Living (CapEx)

Posted Yesterday
Be an Early Applicant
Hiring Remotely in USA
Remote
130K-185K Annually
Senior level
Real Estate
The Role
Manage execution of capital construction projects for senior living portfolio. Coordinate designers, contractors, and stakeholders; solicit and evaluate bids; track project timing and spend; run regular update meetings; perform site visits; support investment strategy for acquisitions and transitions.
Summary Generated by Built In
Job Description:
Ventas is a leading S&P 500 company enabling exceptional environments that benefit a large and growing aging population. With an enterprise value exceeding $50 billion and a portfolio of more than 1,400 properties across North America and the United Kingdom, Ventas is a preeminent participant in the longevity economy. Its largest business is private-pay senior housing, which includes over 850 communities providing valuable care and services to more than 90,000 residents. The Ventas portfolio also includes outpatient medical buildings, research centers and healthcare facilities that attract strong institutional demand from the largest health systems, biomedical companies and universities and other research institutions in the world. Backed by strong financial performance and a collaborative culture, Ventas has the capital, capabilities and relationships to deliver superior value. The experienced Ventas team shares a commitment to each other and to the Company’s mission of helping people live longer, healthier, happier lives.

About the Role

The Project Manager, Senior Living (CapEx) is responsible for the ongoing management of construction projects across our portfolio. The Project Manager will work closely with the Director, Senior Living (CapEx) and Manager, Senior Living (CapEx) to ensure the execution of capital projects in support of Ventas’ long-term capital investment strategy. Key responsibilities include:

  • Work closely with designers, project managers, and contractors to solicit proposals, evaluate them, and make recommendations for selection

  • Manage the execution process and coordinate stakeholders (operator, designer, consultants) on large investment front of house and back of the house projects

  • Work closely with CapEx consultants to manage accuracy of project timing and spend

  • Run weekly or bi-weekly internal update calls

  • Attend weekly Owner, Architect, Designer calls across all larger investment projects

  • Identify general contractors, prepare bid forms, solicit bids, prepare comparisons, and recommend selections

  • Visit job sites weekly, when feasible, depending on project scope and status

  • Work with team to create investment strategy for new acquisitions and NNN transitions

  • Coordinate and communicate with design and construction teams

Qualifications

  • Bachelor’s degree in engineering, real estate, or a related field

  • 5+ years of experience in project management in real estate, construction, or development

  • Ability to travel frequently in support of capital projects across the U.S. and Canada, averaging 2–3 overnight stays per week

  • Experience working with an owner/developer, general contractor, or a related entity—preferably in the healthcare industry

  • Familiarity with senior housing, hospitals, nursing facilities, and congregate care is preferred

  • Strong analytical skills and independent decision-making ability

  • Ability to manage deadlines, multiple tasks, and shifting priorities in a fast-paced, lean environment

  • Must be legally authorized to work in the United States without need for employer sponsorship now or in the future

The estimated base salary range for this position is $130,000 - $185,000 per year. This range reflects a good-faith estimate of the base salary Ventas reasonably expects to pay at the time of posting. Actual base pay will be determined based on work location, skills, qualifications, relevant experience, and business needs.

In addition to base salary, this role is eligible for discretionary incentive compensation and a comprehensive benefits package, which includes medical, dental, vision, retirement savings, paid time off, and other wellness benefits under applicable plan terms.

#LI-hybrid

#LI-MB1

Skills Required

  • Bachelor's degree in engineering, real estate, or a related field
  • 5+ years of project management experience in real estate, construction, or development
  • Ability to travel frequently across the U.S. and Canada, averaging 2-3 overnight stays per week
  • Experience working with an owner/developer, general contractor, or related entity
  • Experience in the healthcare industry (senior housing, hospitals, nursing facilities) is preferred
  • Familiarity with senior housing, hospitals, nursing facilities, and congregate care
  • Strong analytical skills and independent decision-making ability
  • Ability to manage deadlines, multiple tasks, and shifting priorities in a fast-paced, lean environment
  • Must be legally authorized to work in the United States without need for employer sponsorship now or in the future
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The Company
HQ: Chicago, IL
398 Employees
Year Founded: 1998

What We Do

For more than two decades, Ventas, Inc., an S&P 500 company and one of the world’s foremost Real Estate Investment Trusts (REIT), has operated as the premier capital provider to leading senior living, healthcare operators and research institutions. With more than $36 billion of investments under our belt, we own communities where patients and their families receive health and healing; where world class researchers discover treatments for disease; and where seniors live with dignity. Thanks to our financial strength and liquidity, our stock and robust dividend provides secure retirement savings and income to pensioners, firefighters, teachers and individuals around the world. We take our ESG (Environment, Social & Governance) commitments seriously. We’ve set meaningful ESG goals aligned to three pillars – People, Performance, Planet - emphasizing strong corporate governance; encouraging community engagement through social and financial support to communities where we live and work; and minimizing our environmental impact by protecting the planet while lowering operating costs and improving portfolio efficiency. We're honored to receive many external recognitions for our efforts: Ventas was named to the Dow Jones Sustainability World Index for the first time in 2019 and received Nareit’s 2019 Health Care Leader in the Light award for the fourth time. We were the first REIT to sign the CEO Action for Diversity & Inclusion and are a “Winning Company” on the 2020 Women on Boards Gender Diversity Index recognizing our 30% female Board. Our CEO, Debra A. Cafaro, is a leader widely-acclaimed for her strategic vision, and is ranked #29 in Harvard Business Review’s CEO 100, one of only 14 global CEOs named to HBR’s list consistently since 2014. Our team is what truly differentiates us – our winning competitive edge is due to a rare combination of drive and skill and a commitment to excellence that fuels everything we do.

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