Asset Manager - Senior Housing

Senior Housing Asset Manager Citrine Investment Group – Chicago, IL

Company Overview

Citrine Investment Group is a purpose-driven real estate investment firm that combines institutional rigor with entrepreneurial agility and a hands-on approach to value creation.

We focus exclusively on senior housing, which we believe is one of the most compelling sectors in real estate today. Citrine specializes in assisted living, memory care, independent living, and CCRC turnarounds, with a national footprint and a focus on transforming undercapitalized and transitional assets through operational improvement, strategic repositioning, and disciplined investment execution.

We are intentionally a small, highly collaborative team where individual impact matters, decisions move quickly, and strong ideas are valued. Our culture blends high standards, long-term thinking, and authentic care for the residents, operators, and communities connected to our investments.

At Citrine, we believe strong financial performance and resident well-being can and should advance together.

The Opportunity

Citrine is seeking a Senior Housing Asset Manager to help manage and scale a growing national portfolio of senior living assets.

This is a highly visible, hands-on role with direct exposure to firm leadership and meaningful ownership responsibility. The individual will directly influence operational performance, investment strategy, and portfolio value creation across a range of senior housing communities.

The role offers broad exposure across asset management, operations, acquisitions, capital projects, refinancings, and dispositions. The right person will thrive in a lean, entrepreneurial environment and bring an owner's mindset to every decision.

What Success Looks Like

Success in this role means driving NOI improvement across the portfolio, building trusted operator relationships, proactively identifying issues before they become problems, and helping scale the platform thoughtfully and profitably.

This role is likely best suited for someone currently succeeding in senior housing asset management or operations who is looking for broader exposure, greater ownership, and direct involvement with leadership.

What You Will Do

Asset Oversight

• Own a portfolio of senior living assets across multiple markets, including independent living, assisted living, memory care, and CCRCs
• Develop deep knowledge of each asset’s competitive set, market dynamics, occupancy trends, pricing position, and operational performance
• Serve as the primary relationship between ownership and operating partners
• Hold operators accountable while maintaining strong, long-term working relationships
• Review financial performance, identify operational and financial variances, and drive action plans
• Lead renovation, capital improvement, and operational improvement initiatives
• Build and maintain asset-level business plans aligned with underwriting assumptions and evolving market conditions

Financial Management

• Lead annual budgeting and reforecasting processes with operators and internal leadership
• Partner with finance leadership on debt compliance, covenant monitoring, and lender reporting
• Oversee capex planning, approvals, and tracking
• Support quarterly distributions and investor communications

Transactions and Asset Lifecycle

• Support acquisitions with operational due diligence and transition planning
• Lead refinancings, recapitalizations, and dispositions
• Prepare hold/sell analyses and recommendations for leadership

Reporting and Governance

• Oversee investor reporting and portfolio updates
• Maintain asset-level models and valuations
• Partner with finance leadership on quarterly and annual reporting

How We Work

The company is intentionally lean and collaborative. The role will evolve as the platform grows.

The right person for this role:

• enjoys wearing multiple hats
• operates well with autonomy
• proactively solves problems
• is comfortable working in a fast-moving environment

As the platform continues to grow, this role is expected to expand in scope and influence across acquisitions, diligence, strategic initiatives, and broader portfolio management responsibilities.

What We Are Looking For

• 5–10 years of experience in real estate asset management and/or senior housing operations, with direct senior housing experience required.
• Experience driving performance improvement across value-add, transitional, and operationally complex real estate assets.
• Strong operational and financial acumen with the ability to quickly identify asset-level issues and opportunities
• Experience working alongside ownership groups, PE firms, REITs, institutional capital, and third-party operators
• Ability to manage operators firmly and collaboratively while building strong long-term relationships
• Entrepreneurial, owner-oriented mindset with comfort operating in a lean, fast-moving environment, wearing multiple hats, and taking accountability for outcomes
• Strong communication, relationship management, and problem-solving skills
• Strong academic and professional background
• Chicago-based, with willingness to travel regularly to assets

Why Join

• Direct exposure to firm principals and decision-making
• Broad responsibility from day one
• Opportunity to help shape the future of a growing senior housing platform
• Exposure to acquisitions, operations, portfolio management, and transactions
• Meaningful ownership and influence
• Competitive compensation, bonus opportunity, health insurance supplement, and 401(k) match

Equal Opportunity Employer

GTM Talent and our client are equal opportunity employers committed to diversity and inclusion in the workplace. Discrimination or harassment of any kind is prohibited based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local law.

Apply here on LinkedIn, or send resume to: [email protected]