Director of Asset Management - Texas & Colorado

Director of Asset Management

Full-time - Salary

Pay Range: $140,000.00 - $165,000.00

Exempt

Schedule: Flexible as needed ~ Travel: As needed across the portfolio

Make a difference by providing great care and love for our treasured residents!

At MorningStar Senior Living, we talk a lot about culture.

In fact, we rather obsess about it.

For without a transformative culture, we cannot begin to elevate and celebrate the lives of our resident-heroes and be ourselves changed for the good in the process.

So, we seek great hearts, other people like us, who care and want to do work that matters.

We select people like us who believe that the most satisfying life is one that is outward-bound and rooted in servant-leadership.

Position Summary

The Director of Asset Management plays a critical leadership role in driving MorningStar Senior Living's growth and performance across its portfolio of senior housing communities.

This role provides strategic oversight of investment analysis, asset management strategies, and execution of large-scale initiatives to maximize long-term value creation.

The ideal candidate is a strategic, hands-on leader with strong financial acumen, and a proven ability to manage complex assets, initiatives, and stakeholder relationships.

This position partners closely with executive leadership, operations, and capital partners to ensure disciplined execution of MorningStar's business plans while balancing margin and mission.

https://www.morningstarseniorliving.com/careers/

Benefits


* Health Insurance offerings such as medical, dental, and vision insurance


* Other Insurance offerings such as life, disability, accident, and critical illness insurance


* 401k plan with matching


* HSA options


* Employee assistance programs


* Paid sick, vacation and birthday!


* Career development programs and opportunity for advancement


* Charitable and philanthropic opportunities


* Tuition Reimbursement


* Free shift meal!

Key Responsibilities

Asset Management


* Ensure communities execute approved business plans and achieve financial, operational, and strategic objectives.


* Lead & project manage large-scale CapEx planning and execution across multiple communities, including prioritization, ROI evaluation, and oversight of major renovation and repositioning initiatives.


* Manage and approve 5-year CapEx plans, physical plant compliance, and TELS usage in coordination with Operations and Facilities leadership.


* Support performance optimization initiatives, including rate strategy, annual rate increase planning and reporting, expense management, and margin improvement.


* Lead strategic planning, execution, and follow-through for designated focus communities requiring heightened asset management support.

Investment Management


* Partner with the Investments team to support deal execution, including diligence strategy, LOI negotiation support, closing coordination, and po...