Senior Director, Real Estate Portfolio Management, Corporate Headquarters, Dallas, TX
Location: Dallas, Texas
Internal Number: 2205007579
JOB DESCRIPTION: Reporting to the Vice President, Real Estate, the Senior Director, REAS Portfolio Management will oversee the development and administration of a non-hospital real estate portfolio that aligns with the enterprise business strategy of Tenet Healthcare and its affiliates. He/She will focus on implementing the organizations portfolio optimization program ensuring functional, operational, and financial performance of the portfolio. The Sr. Director will be responsible for ensuring that Tenetâ��s industry leading compliance programs are fully implemented and adhered to in all aspects of the real estate administration program. They will develop and lead a team of internal and outsourced resources focused on integrating asset management, property management, MOB facility management and transaction management to produce a highly flexible and financially performing portfolio. In support of the capital planning process he/she will lead the development of a multi-year routine and strategic portfolio investment plan to ensure the owned and controlled portfolio is able attract and retain a high-quality tenant base. He/She will develop and administer a strategic leasing program focused on ensuring functional full occupancy of the owned/controlled portfolio.
In partnership with the entire real estate team (Development, Facility Management, Project Management) and business unit operational leads the Sr. Director will develop and implement in a long-range portfolio strategy that will enable the operational needs of each business unit. This is a critical role and function as it blends both a large income and a large expense lease portfolio into an integrated and optimized platform that enables the operations of the enterprise across the country.
FUNCTIONAL EXPECTATIONS & REQUIREMENTS: In conjunction with the Vice President, Real Estate, the Senior Director, REAS Portfolio Leadership will be responsible for the development and optimization of a financially performing non-hospital real estate portfolio. Key to this will be developing and leading a high performing real estate administration team that integrates internal resources and our outsourced CBRE real estate administration services. They will manage goals, objectives, and performance of the CBRE agreement and any other outsource engagements that are necessary to ensure performance of the portfolio. This nationally distributed team needs to be focused on administering a properly utilized and financially performing portfolio that supports and enables the success of the business enterprise.
Other responsibilities include the following:
With the Vice President, Real Estate, and key stakeholders develop a strategic portfolio plan for all non-hospital real estate including owned buildings, land, master leased buildings, income leases, and the expense lease portfolio.
Integrate business unit strategic and growth plans
Incorporate the optimization action plans
Define the long-range portfolio capital plans to integrate into the enterprise capital plan
Develop a team structure that combines existing team members, new hires, our strategic partner CBRE, and other 3rd party firms to effectively administer all the non-hospital real estate.
Further develop the innovative real estate management platform, implementing the portfolio optimization tools and processes throughout each business unit in the enterprise.
In partnership with the Compliance and Legal teams integrate Tenetâ��s industry leading compliance program into all aspect of the real estate administration program.
Ensure proper training of all stakeholders
Integrate compliance requirements into all processes and procedures; Stark & Anti-Kick Back, FMV Analysis, Referral Source Relationships
Ensure prudent decisions are made in the administration of the compliance program
Develop structured real estate administration processes and procedures to enable the creation and maintenance of the optimal portfolio to serve each market. Including: Property management, Transaction management, Leasing, Asset management, Property level accounting, procurement
Administer and operate the portfolio (income and expense) in a manner that is consistent with industry leading commercial real estate operators, both financially sustainable and profitable
Provide leadership and support for the real estate transactions program including establishing and administering the strategic leasing program for owned and master leases assets, along with acquisitions, dispo
Employment practices will not be influenced or affected by an applicantâ��s or employeeâ��s race, color, religion, sex (including pregnancy), national origin, age, disability, genetic information, sexual orientation, gender identity or expression, veteran status or any other legally protected status. Tenet will make reasonable accommodations for qualified individuals with disabilities unless doing so would result in an undue hardship.
Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services company headquartered in Dallas with 112,000 employees. Through an expansive care network that includes United Surgical Partners International, we operate 65 hospitals and approximately 510 other healthcare facilities, including surgical hospitals, ambulatory surgery centers, urgent care and imaging centers and other care sites and clinics. We also operate Conifer Health Solutions, which provides revenue cycle management and value-based care services to hospitals, health systems, physician practices, employers and other clients. Across the Tenet enterprise, we are united by our mission to deliver quality, compassionate care in the communities we serve.