Job Description
We are looking for an experienced full-time exempt, Director, to join our Investments Team. The Director, Investments will oversee the full deal cycle, including sourcing new opportunities, underwriting and analysis, negotiating LOIs, and managing due diligence through closing. The Director, Investments will also partner with the Asset Managers in helping to oversee portfolio-level performance of operators and lead existing portfolio transactions (e.g. renewals, expansions, redevelopment, transitions, purchase options, and dispositions). The Director will have a track record of successfully investing in senior housing, skilled nursing, and healthcare assets and will assist with business development efforts, attend conferences, and build on existing industry relationships.
KEY RESPONSIBILITIES
- Lead all aspects of the acquisition / disposition process from underwriting, deal structuring & negotiation, due diligence, and closing.
- Provide investment and asset management transaction recommendations to the Company’s senior executives.
- Oversee and manage the completion of presentations and analysis, ensuring accuracy and quality.
- Ensure alignment of deal economics with the Company’s investment strategies.
- Develop and maintain relationships with industry professionals & partners including brokers, operators/tenants, and JV Partners.
- Work alongside Asset Management team to monitor portfolio performance.
- Coach and train junior investment professionals on all aspects of investments and develop their quantitative and qualitative skill sets.
This position reports to the SVP, Investments and has no direct supervisory responsibilities.
REQUIREMENTS
Education & Certification
- Strong academic credentials with minimum bachelor’s degree (MA preferred) in Real Estate, Finance, Economics, Accounting or similar business field.
Experience/Skills
- 10-12 years in real estate investments, asset management, or finance, with a minimum of five years in healthcare (senior housing and skilled nursing).
- Proven track record in underwriting and closing transactions.
Skills Required
- Thorough understanding of financial concepts, along with quantitative and analytical skills; ability to quickly underwrite a transaction
- Excellent verbal, written & interpersonal communication skills; ability to effectively communicate investment opportunities to senior management
- Exceptional organizational skills, with the ability to prioritize and manage multiple projects simultaneously while meeting tight timeframes and deadlines
- Deep understanding of various types of legal documents: management agreements, leases, loan agreements, guaranties, etc.
BENEFITS
In addition to a unique corporate culture and dynamic work environment, Sabra offers a competitive compensation package, including company sponsored health benefits, 401(k), salary, and bonus/stock programs commensurate with experience and position.
Sabra also offers a hybrid work program with a combination of days in the office and days in a work-from-home setting.
ABOUT SABRA HEALTH CARE REIT
Sabra Health Care REIT, Inc, a Maryland corporation, is a self-administered, self-managed real estate investment trust that through its subsidiaries, owns and invests in real estate serving the healthcare industry. Sabra is a leading health care real estate investment trust with interests in a diverse portfolio of assets. Sabra primarily generates revenues by leasing healthcare properties to tenants and operators throughout the United States and Canada. These assets consist of senior housing communities, skilled nursing / transitional care facilities, specialty hospitals, and other health care properties. To learn more about the company please visit our website at
www.sabrahealth.com
Interested applicants must be legally authorized to work for any employer in the U.S. without any requirement for sponsorship of employment or any requirement for the assumption of such a sponsorship.
We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.