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 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.
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 and 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
overall operational and financial objectives. This role will work closely with Market and 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.
Bachelors degree Real Estate, Engineering, Architecture, Finance, Business Administration, Health Administration, or
related field required.
Minimum of seven (7) years of experience in real estate strategy or related field required
Ability to bring analytical structure to ill-defined/ambiguous problems; synthesize insights from analysis and ensure
credible, actionable recommendations.
Understanding of financial modeling and experience with financial planning, budgeting and capital allocation in the
context of real estate strategy
Knowledge of healthcare industry trends, stakeholders, economic drivers and policy
Comfort with ambiguity, ability to build relationships with cross-functional leadership teams, and the ability to
influence without authority
Proficient in fostering collaboration with leaders across businesses and work effectively in a dynamic, fast-paced environment.
Creative problem solving skills; ability to develop solutions to complex problems to further the goals of the organization
Ability to develop rapport and credibility across a matrixed organization, and promote ideas and proposals persuasively.
Ability to manage multiple complex projects, prioritize tasks, and meet tight deadlines
Excellent writing and presentation skills
Self-starter who can work independently
Advanced knowledge in MS Office applications and/or Google Suite
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