Regional Director, Real Estate

Adventist Health

Bakersfield (CA)

On-site

USD 180,000 - 240,000

Full time

14 days+

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Job summary

Adventist Health is seeking a Regional Director, Real Estate to lead the regional real estate portfolio across multiple markets in a full-time, onsite role requiring regular travel to Adventist Health markets to meet operational needs and conduct site visits.

The role partners with regional executives to align real estate strategy with clinical and administrative priorities, optimize asset performance, and deliver actionable insights on portfolio health and market conditions.

Qualifications

Bachelor's Degree in Real Estate, Business, Finance, or related field is required.
Master's Degree is preferred.
Ten years of progressive experience in healthcare real estate, asset management, or related field is preferred.
Experience with portfolio strategy, asset optimization, and stakeholder alignment in healthcare or similar environments is preferred.
Experience supporting complex real estate transactions with legal and external service providers is preferred.

Responsibilities

Set regional real estate strategy aligned with enterprise and market objectives and translate priorities into portfolio plans.
Build and sustain executive relationships across regional clinical and administrative leadership and lead portfolio performance discussions.
Maintain knowledge of the regional portfolio, track KPIs, and develop multi-year plans to support growth and service-line strategy.
Proactively manage lease expirations, options, and termination actions with P&L accountability for the regional portfolio.
Advise on tenant mix, capital planning, and leasing strategies; monitor market benchmarks and recommend concessions.

Education

Bachelor's Degree in Real Estate, Business, Finance, or related field

Master's Degree

Ten years' of progressive experience in healthcare real estate, asset management, or related field

Portfolio strategy, asset optimization, and stakeholder alignment in healthcare or similarly complex environments

Experience supporting complex real estate transactions with legal/external providers

Job description

Central to all that California has to offer, Adventist Health Bakersfield has been providing an extraordinary team of world-class physicians, top-notch medical technology, caring professionals and award-winning quality since 1910. We are comprised of a 254-bed acute care hospital and 20 primary and specialty care medical offices. As one of America's fastest growing cities, Bakersfield offers affordable housing on the West Coast, beautiful weather, high-quality education and it is just a few hours away from Yosemite and Sequoia National Parks, the Central California Coast and Southern California's great sports, theaters, concerts and amusement parks.

Job Summary

Adventist Health is seeking a Regional Director, Real Estate for a full‑time position with 8‑hour day shifts. We are looking for a qualified and dedicated individual who can work onsite and support our multi‑site locations, which will require regular travel to Adventist Health markets to meet operational needs and conduct site visits.

The Regional Director of Corporate Real Estate leads relationship-driven portfolio and asset management for a regional healthcare real estate portfolio. The role serves as a trusted advisor to regional executives, aligning real estate strategy with operational needs, optimizing asset performance, and delivering actionable insights on portfolio health and market conditions.

Job Requirements

Education and Work Experience:

Bachelor's Degree in Real Estate, Business, Finance, or related field: Required
Master's Degree: Preferred
Ten years' of progressive experience in healthcare real estate, asset management, or related field: Preferred
Previous experience in portfolio strategy, asset optimization, and stakeholder alignment in healthcare or similarly complex environments: Preferred
Previous experience supporting complex real estate transactions in partnership with legal and external service providers: Preferred

Essential Functions

Set regional real estate strategy aligned with enterprise and market objectives. Partner with regional leaders to translate business priorities into portfolio plans and real estate recommendations. Use market and demographic insights to guide site, space, and investment decisions. Identify opportunities to improve utilization and performance across owned and leased assets.
Build and sustain executive-level relationships across regional clinical and administrative leadership. Serve as the primary real estate advisor, providing clear options and recommendations. Lead stakeholder communication on portfolio performance, risks, and priorities.
Maintain deep knowledge of the regional portfolio, including space utilization and clinical/operational needs. Track and report portfolio KPIs (occupancy, financial performance, and key risks). Develop multi-year portfolio plans to support growth, access, and service-line strategy. Proactively manage lease events (expirations, options, terminations) and recommended actions. P&L accountability and capital project management for the real estate portfolio in the region.
Develop asset business plans with measurable performance targets. Advise on tenant mix and leasing priorities for multi-tenant healthcare properties. Partner with Property Management on capital planning to protect competitiveness and asset value. Monitor market benchmarks (occupancy, rents, TI/allowances) and recommend leasing strategies and concessions.
Negotiate and recommend key deal terms (leases, purchases, service contracts) to support portfolio strategy and performance. Work with outsourced transaction management team and AH legal on transaction documentation. Ensure data integrity for quarterly/annual reporting and portfolio dashboards. Monitor financial performance and elevate issues, risks, and opportunities with recommendations.
Performs other job-related duties as assigned.

Organizational Requirements

Adventist Health is committed to the safety and wellbeing of our associates and patients. Therefore, we require that all associates receive all required vaccinations as a condition of employment and annually thereafter, where applicable. Medical and religious exemptions may apply. Adventist Health participates in E-Verify. Visit https://adventisthealth.org/careers/everify/ for more information about E-Verify. By choosing to apply, you acknowledge that you have accessed and read the E-Verify Participation and Right to Work notices and understand the contents therein.

About Us

Adventist Health is a faith-based, nonprofit, integrated health system serving more than 100 communities on the West Coast and Hawaii with over 440 sites of care, including 27 acute care facilities. Founded on Adventist heritage and values, Adventist Health provides care in hospitals, clinics, home care, and hospice agencies in both rural and urban communities. Our compassionate and talented team of more than 38,000 includes employees, physicians, Medical Staff, and volunteers driven in pursuit of one mission: living God's love by inspiring health, wholeness and hope.

Job Info