Director, Redevelopment at Welltower Inc in Los Angeles, California

Job Description:

SUMMARY

This position will have redevelopment oversight of our West Senior Housing portfolio. Welltower is an industry leading $60bn S&P 500 company with investments in outpatient medical, seniors housing and wellness housing properties. This role is responsible for scope development, creating renovation/asset plans, and budgets to drive revenue. This is a REMOTE role that must ideally reside in the state of California.

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 meet 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

Regular overnight travel is expected for this position.

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 10 years of relevant work experience with at least 4 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 in the Washington state region is $145,000 - $165,000 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 + 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


• Summer Hours Program


• And much more! https://welltower.com/newsroom/careers/
  

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 www.welltower.com

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

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

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