Vice President - Asset Management, Senior Housing
Company: Harrison Street
Location: Chicago
Posted on: April 2, 2026
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Job Description:
Harrison Street Asset Management ("HSAM") is a leading global
alternative investment management firm focused on real estate,
infrastructure, and credit strategies across North America and
Europe. Headquartered in Chicago, Toronto, and London with offices
across North America, Europe, Asia and the Middle East, the firm
has over $108 billion in assets under management on behalf of
institutional investors and registered investment advisors
globally. Founded on a culture of innovation, HSAM is an early
mover in alternative real estate and mid-market infrastructure.
Today, the firm’s global team, consisting of more than 520
professionals, is committed to creating long-term value through
deep sector expertise and forward-thinking strategies. Harrison
Street is seeking to hire a Vice President in the Asset Management
department who will focus on investments. Candidates should possess
substantial experience in asset management, capital markets (debt
financing and property dispositions), financial analysis, leasing,
and new development oversight, and should have a deep understanding
of real estate investing and management fundamentals. The ideal
candidate(s) will be a strategic team player with demonstrated
quantitative, financial, and analytical skills, who is able to
efficiently allocate time between multiple tasks and navigate
changing priorities. Ideally with a progressive background in
Senior Housing. Responsibilities: Oversee and manage wholly-owned
and joint venture investments i [BM1] n the US, as well as the
respective property management and partner relationships. Specific
duties will include: Manage relationships with existing operating
partners and third-party property managers; Collaborate with our
dedicated Capital Markets team to close all property refinancings;
Collaborate with our dedicated Transactions team to manage
relationships; Establish and communicate internal hold/sell
recommendations; Oversee asset dispositions, including presenting
the transaction to investment committee, selecting a broker,
negotiating the purchase contract, and facilitating the due
diligence and closing processes; Formulate property-level strategy,
budgets, and capital improvement plans; Determine and implement
value preservation strategies, including the preparation of capital
call memorandums as necessary; Assist transactions colleagues in
the underwriting of new investments as well as new operating
partners or property managers; Analyze and monitor property
financial performance and debt covenant compliance; Alongside
construction consultants, monitor schedules, budgets, and draws for
new developments and ensure compliance with the relevant governing
documents; Review and approve third-party appraisal reports and
complete periodic internal valuations and re-underwriting
processes; Actively mentor, train, and guide the career development
of more junior professionals on the team. Requirements: Bachelor’s
degree (real estate and finance concentrations preferred); 10 years
of relevant experience in commercial real estate investment roles:
within Senior Housing; Core knowledge of real estate investment and
finance principles, as well as a working understanding of real
estate accounting; Strong written and verbal communication skills;
Ability to draw conclusions from research and data analysis and
communicate them concisely and effectively; Thorough understanding
of business software (Excel at minimum - Argus preferred). This
position requires frequent travel to visit properties, property
managers, and operating partners. $175,000 - $250,000 a year For
Illinois Only: The expected base salary range for this position is
$175,000 to $250,000. Actual salaries may vary based on a number of
factors, including skills, experience, and qualifications. In
addition to base salary, total compensation at Harrison Street
includes a generous discretionary bonus, along with a comprehensive
range of benefits — including medical, financial, and wellness
programs — designed to support our employees both professionally
and personally. Harrison Street is proud to be an equal opportunity
employer committed to diversity, equity and inclusion in the
workplace and is an affirmative action employer. All qualified
applicants will receive consideration for employment without regard
to veteran status, uniform service member status, race, color,
religion, sex, national origin, age, physical or mental disability,
genetic information or any other protected class under federal,
state, or local law. If you require accessibility assistance
applying for open positions, please contact our ADA Accessible Line
at (312) 920-0500 or [email protected] . All information you
provide will be kept confidential and will be used only to the
extent required to provide needed reasonable accommodations.
Harrison Street does not accept unsolicited headhunter and agency
resumes. Harrison Street will not pay fees to any third-party
agency or company that does not have a signed agreement with
Harrison Street.
Keywords: Harrison Street, Arlington Heights , Vice President - Asset Management, Senior Housing, Accounting, Auditing , Chicago, Illinois