Region Manager Real Estate Portfolio Strategy
About Us
Inspired by faith. Driven by innovation. Powered by humankindness. CommonSpirit Health is building a healthier future for all through its integrated health services. As one of the nation’s largest nonprofit Catholic healthcare organizations, CommonSpirit Health delivers more than 20 million patient encounters annually through more than 2,300 clinics, care sites and 138 hospital-based locations, in addition to its home-based services and virtual care offerings.
Our Mission
As CommonSpirit Health, we make the healing presence of God known in our world by improving the health of the people we serve, especially those who are vulnerable, while we advance social justice for all. To learn more about a calling that defines and unites, please click here for more information about our mission, vision, and values.
The posted compensation range of $54.76 - $81.45 /hour is a reasonable estimate that extends from the lowest to the highest pay CommonSpirit in good faith believes it might pay for this particular job, based on the circumstances at the time of posting. CommonSpirit may ultimately pay more or less than the posted range as permitted by law.
Job Summary and Responsibilities
The CommonSpirit (CSH) Real Estate Strategy business unit supports the organization in developing dynamic portfolio solutions across the Enterprise - largely focused on Market Planning, Portfolio Optimization, and support
of Joint Venture & M&A initiatives. The team works towards achieving portfolio alignment with the Integrated Delivery Network, campus planning, market support for long range strategic plans, and strategic leasing.
The Region Manager of Portfolio Strategy is a key member of the Real Estate Strategy team, responsible for developing and implementing proactive, market-specific non-acute care portfolio strategies that align with CommonSpirit Health's overall operational and financial objectives. This role will work closely with Market & Region leadership, real estate teams, and other stakeholders to identify opportunities for portfolio optimization, drive value capture, and support strategic real estate initiatives through the full business planning and approval
process.
1. Develop and maintain comprehensive real estate portfolio strategies for assigned Region and Markets, considering CSH strategic market plan priorities, market dynamics, operational needs, and financial constraints.
2. Partner with market leadership, regional operations, and other key stakeholders to understand their real estate needs and priorities, ensuring alignment with the overall portfolio strategy.
3. Develop suite-level, building, market, and/or segment reports to meet the business unit’s real estate requirements. Develop and gain approval for initiatives to reduce cost and maximize value for the portfolio.
4. Provide expert guidance and support to market teams in the development of business plans for real estate initiatives, including strategic rationale, portfolio option assessment, programming, financial analysis, and risk assessment.
5. Navigate the capital approval process, ensuring that business plans meet all required criteria and are presented effectively to decision-makers.
6. Conduct thorough data analysis to identify trends, opportunities, and risks within the real estate portfolio, and develop reports to communicate key findings / opportunities to stakeholders.
7. Study the fiscal impact of real estate transactions using net present value analysis, IRR, and company and or client-specific processes.
8. Identify and implement opportunities to optimize the real estate portfolio, including value capture, space utilization improvements, and the elimination of waste.
9. Collaborate effectively with cross-functional real estate teams (e.g., leasing, property management,
planning, design and construction, facilities management, finance) to ensure the successful analysis and development of business plans.
Job Requirements
Bachelors Of Science in Real Estate, Engineering, Architecture, Finance, Business Administration, Health Administration, or related field.
10+ year in management
Masters Preferred
Where You'll WorkInspired by faith. Driven by innovation. Powered by humankindness. CommonSpirit Health is building a healthier future for all through its integrated health services. As one of the nation’s largest nonprofit Catholic healthcare organizations, CommonSpirit Health delivers more than 20 million patient encounters annually through more than 2,300 clinics, care sites and 137 hospital-based locations, in addition to its home-based services and virtual care offerings. CommonSpirit has more than 157,000 employees, 45,000 nurses and 25,000 physicians and advanced practice providers across 24 states and contributes more than $4.2 billion annually in charity care, community benefits and unreimbursed government programs. Together with our patients, physicians, partners, and communities, we are creating a more just, equitable, and innovative healthcare delivery system.
Depending on the position offered, CommonSpirit Health offers a generous benefit package, including but not limited to medical, prescription drug, dental, vision plans, life insurance, paid time off (full-time benefit eligible team members may receive a minimum of 14 paid time off days, including holidays annually), tuition reimbursement, retirement plan benefit(s) including, but not limited to, 401(k), 403(b), and other defined benefits offerings, as may be amended from time to time. For more information, please visit https://www.commonspirit.careers/benefits.
Unless directed by a Collective Bargaining Agreement, applications for this position will be considered on a rolling basis. CommonSpirit Health cannot anticipate the date by which a successful candidate may be identified.
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Equal Opportunity
CommonSpirit Health™ is an Equal Opportunity/Affirmative Action employer committed to a diverse and inclusive workforce. All qualified applicants will be considered for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, parental status, ancestry, veteran status, genetic information, or any other characteristic protected by law. For more information about your EEO rights as an applicant, please click here [PDF].
CommonSpirit Health™ will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their 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). External hires must pass a post-offer, pre-employment background check/drug screen. Qualified applicants with an arrest and/or conviction will be considered for employment in a manner consistent with federal and state laws, as well as applicable local ordinances, ban the box laws, including but not limited to the San Francisco and Los Angeles Fair Chance Ordinances. If you need a reasonable accommodation for any part of the employment process, please contact us by telephone at (415) 438-5575 and let us know the nature of your request. We will only respond to messages left that involve a request for a reasonable accommodation in the application process. We will accommodate the needs of any qualified candidate who requests a reasonable accommodation under the Americans with Disabilities Act (ADA). CommonSpirit Health™ participates in E-Verify.