Head of Senior Living, Asset Management

Position Summary

About the Role

Bonaventure is seeking a Head of Senior Living Asset Management & Platform Leadership to build, lead, and own the company's senior living platform from the ground up. The successful candidate will be fully accountable for both the short and long-term performance of the portfolio.

Responsibilities

• Design and execute the strategic direction of every asset in the portfolio, introducing innovative and actionable strategies to unlock value.
• Manage the operating partners who run our communities day-to-day, working shoulder to shoulder with the investments team on every acquisition, the debt and capital markets team on every financing, and the leadership team on the long-term direction of the platform.
• Hire your number two, build out a senior living team, and set the standard for how Bonaventure shows up in this asset class for the next decade.
• Foster a culture of urgency, accountability, and continuous improvement, and set the tone with your own work product first.
• Collaborate with the acquisitions team to identify and pursue new senior living assets, building a disciplined pipeline that accelerates our portfolio growth from seven to fourteen-plus communities.
• Support and participate in diligence on potential senior acquisitions across physical, operational, market, and competitive dimensions.
• Monitor portfolio performance on a weekly, monthly, and quarterly basis, reviewing leasing and financial trends, holding strategy and issue resolution calls with operating partners, and translating trends into action.
• Own the relationship with our existing operator (Vitality), identifying, vetting, and onboarding additional best-in-class operators as we scale, and holding every operator to a standard and helping them get there.
• Assess capital expenditure needs and develop long-term capital plans for each asset, aligned to overall portfolio strategy and capital availability.
• Walk every property regularly, inspecting units, common areas, kitchens, memory care wings, and monitor trends in target markets.
• Partner with the Capital Markets and Debt teams on financing strategy and execution, including bridge to HUD, joint ventures, and equity raising.
• Represent Bonaventure externally at industry events, on panels, and with brokers and operators, and continuously invest in your network.

Qualifications

• 10+ years of senior living experience spanning both the investment and operating sides, with a business, finance, or real estate degree.
• Leadership and the ability to own outcomes, build teams, and drive project timelines are critical.
• A passion for senior living, a ravenous appetite for learning, and a desire to thrive in a goal-driven, fast-paced environment using a competitive work ethic and the nimble, cognitive ability to adapt to change and succeed in an entrepreneurial setting.
• Direct experience building or substantially scaling a senior living investment or operating platform.
• Hands-on experience managing senior living, independent living, assisted living, memory care, or active adult communities, with a track record of measurable performance improvement at the property level.
• Transactional experience (highly valued).
• Demonstrated track record managing third-party operators, holding them accountable to KPIs, and partnering with them to drive NOI growth and resident outcomes.
• Capital markets fluency (required).
• Working knowledge of senior living capital markets including HUD, bridge to HUD, joint ventures, and equity raising mechanics.
• Team leadership (required).
• Track record of hiring, leading, and developing teams.
• Industry network (preferred).