AVP/VP, Asset Management - Healthcare
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 an Assistant Vice President or 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
Heathcare/Medical real estate. Responsibilities Oversee and manage
wholly-owned and joint venture investments in in 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; Source,
coordinate, and close all property refinancings; 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); 7 years of relevant experience in
commercial real estate investment roles, preferably within Medical
real estate. 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 and Argus). This position requires frequent travel
to visit properties, property managers, and operating partners.
$150,000 - $250,000 a year For Illinois Only: The expected base
salary range for this position is $150,000 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, Des Plaines , AVP/VP, Asset Management - Healthcare, Accounting, Auditing , Chicago, Illinois