Sr Project Manager, Redevelopment (US-East)

Welltower™ Inc. (NYSE:WELL); Washington (District of Columbia); Remote; USD 98,000 - 152,000; Full time

Job summary

An established industry player is seeking a dynamic Sr Project Manager for their redevelopment team. This role is pivotal in overseeing the transformation of senior housing assets across the East Coast. You will lead a talented team, ensuring projects are delivered on time and within budget while enhancing the resident experience. With a focus on strategic planning and execution, you will engage with various stakeholders, from city officials to design consultants. This is a unique opportunity to make a significant impact in the senior housing sector while enjoying a flexible remote work arrangement. Join a forward-thinking company committed to improving health care infrastructure and providing exceptional living environments.

Benefits

Competitive Base Salary

Car Allowance

Annual Bonus

Generous Paid Time Off

401(k) Program

Profit Sharing Program

Student Debt Program

Tuition Assistance Program

Employee Stock Purchase Program

Comprehensive Medical/Dental/Vision options

Qualifications

• 7-10 years of relevant experience in project management and redevelopment.
• Strong leadership skills with at least 3 years in a managerial role.

Responsibilities

• Manage and mentor Project Managers to ensure project deadlines and budgets are met.
• Develop investment plans and oversee the redevelopment of senior housing assets.

Skills

Project Management

Redevelopment

Construction Management

Budgeting

Risk Management

Education

Bachelor's degree in Construction Management

Bachelor's degree in Architecture

Bachelor's degree in Engineering

Bachelor's degree in Real Estate

Job description

Sr Project Manager, Redevelopment (US-East)

Job Category: Manager-Senior

Requisition Number: SRPRO002606

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• Posted: December 13, 2024
• Full-Time

Locations

Showing 1 location

Virtual-Washington D.C., DC 20001, USA

Virtual-Virginia, VA 00000, USA

This position will assist with the Redevelopment oversight of our East (DC, MD, VA) senior housing portfolio. This role is responsible for scope development, creating renovation/asset plans, and developing and underwriting budgets to maximize the value of our assets. This is a REMOTE role that must ideally reside in DC, MD, or VA.

KEY RESPONSIBILITIES

• Manages and mentors the day-to-day activity of Project Managers and Associates in their region to ensure superior quality of work, project deadlines are met, jobs are completed within budget and delivery of an outstanding internal/external and resident experience.
• Develop and underwrite written value-add investment plans for inter-company coordination as well as Operator engagement.
• Conduct site visits to evaluate physical plant condition and recommend value-add renovation scope(s) and Major CapEx requirements, if applicable, to enhance form and function of asset with a focus on driving financial performance.
• Coordinate with Capital Team to determine which items scheduled for CapEx could or should be completed in conjunction with Redevelopment.
• Select and engage all designers, planners, engineers, architects, decorators, and other third-party consultants as may be necessary in the redevelopment and construction of the project. Reviews potential design, coordination, and constructability issues; as needed, recommends necessary changes.
• Present and obtain internal ownership approvals for the project including market justification, unit interior and common area / amenity scope, cost, financial return, and business justification.
• Oversee and ensure the obtaining of all permits, external approvals, entitlements, and licenses necessary for the development of the project, including interaction with city inspectors and other city officials to ensure project meets city and local code standards.
• Develops annual capital plan and reforecast process with internal/external stakeholders.
• Responsible for all written evaluations of Project Managers and Associates in accordance with company timing guidelines.
• Provides weekly/monthly/quarterly status of work performed in their assigned region and maintains high level of communication with internal and external stakeholders.
• Advise the leadership regarding any recommended “change orders,” value engineering proposals, plan change recommendations, specifications, and budgets.
• Prepare and distribute RFP packages to qualified vendors, respond to RFI as required and responsible for final vendor selection ensuring optimal quality and budget pricing.
• Negotiate final cost and scope of work for all subcontracts, change orders and purchase orders 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

50% - (Ability to travel during 1-3 weeks per month; variable duration between 1-3 days typical)

MINIMUM REQUIREMENTS

• Bachelor's degree in Construction Management, Architecture, Engineering, Real Estate, or a related field.
• Proven experience in project management, redevelopment, and construction, preferably in the senior housing or multi-family industry.
• Minimum of 7-10 years of relevant work experience with at least 3 years in a managerial or leadership role.
• Solid understanding of project management principles and practices, including scope development, budgeting, scheduling, and risk management.

Applicants must be able to pass a pre-employment drug screen.

COMPENSATION

Salaries may vary by location. The range for this role is $98,200- $151,200 plus bonus. Salary determinations are made based on numerous factors, such as, but not limited to, the relevant market and the skill, experience, and education of the selected candidate.

WHAT WE OFFER

• Competitive Base Salary + Car Allowance + Annual Bonus
• Generous Paid Time Off and Holidays
• Employer-matching 401(k) Program + Profit Sharing Program
• Student Debt Program – we’ll contribute up to $10,000 towards your student loans!
• Tuition Assistance Program
• Employee Stock Purchase Program – purchase shares at a 15% discount
• Comprehensive and progressive Medical/Dental/Vision options

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,