Sr. Project Manager, Diligence & Fund; DFW

WELLTOWER – REIMAGINE REAL ESTATE WITH US

At Welltower, we’re transforming how the world thinks about senior living and wellness-focused real estate. As a global leader in residential wellness and healthcare infrastructure, we create vibrant, purpose-driven communities where housing, healthcare, and hospitality converge. Our culture is fast‑paced, collaborative, and endlessly ambitious—guided by our mantra:
The only easy day was yesterday.

We’re looking for bold, independent thinkers who thrive on challenge, embrace complexity, and are driven to deliver long‑term value. Every team member is empowered to think like an owner, innovate fearlessly, and lead from where they stand. If you’re passionate about outcomes and inspired by the opportunity to shape the future of healthcare infrastructure, we want you on our best‑in‑class team.

This position supports physical plant inspections and reporting for new acquisitions, as well as capital oversight activities across a portfolio of approximately 90 assets. Responsibilities include conducting physical plant inspections, developing project scopes, creating renovation and asset improvement plans, and developing and underwriting capital budgets to maximize asset value. The Senior Project Manager serves as a strategic partner to the Investments, Asset Management, and Operations teams by identifying value creation opportunities, developing capital investment strategies, and overseeing project execution to optimize asset performance and financial returns.

This is an onsite plus travel role that must reside in the DFW metroplex.

• Lead physical due diligence efforts for acquisitions, dispositions, and major capital investment opportunities. Develop and underwrite written value‑add investment plans for inter‑company coordination as well as Operator engagement.
• Conduct site visits to evaluate physical plant condition and recommend value‑add renovation scope(s) and Major Cap Ex requirements, if applicable, to enhance form and function of asset with a focus on driving financial performance.
• Coordinate with Capital Team to determine which items scheduled for Cap Ex could or should be completed in conjunction with Redevelopment.
• Develop and defend capital expenditure assumptions utilized in acquisition underwriting and investment committee approvals.
• Select and engage all designers, planners, engineers, architects, decorators, and other third‑party consultants as may be necessary in the redevelopment and construction of the project. Reviews potential design, coordination, and constructability issues; as needed, recommends necessary changes.
• Prioritize capital deployment across regional portfolios based on investment returns, asset needs, strategic objectives, and operational impact.
• Present and obtain internal ownership approvals for the project including market justification, unit interior and common area / amenity scope, cost, financial return, and business justification.
• Oversee and ensure the obtaining of all permits, external approvals, entitlements, and licenses necessary for the development of the project, including interaction with city inspectors and other city officials to ensure project meet city and local code standards.
• Develops annual capital plan and reforecast process with internal/external stakeholders.
• Responsible for all written evaluations of Project Managers and Associates in accordance with company timing guidelines. Mentor Project Managers in asset evaluation, capital underwriting, due diligence, and investment analysis.
• Provides weekly/monthly/quarterly status of work performed in their assigned region and maintains high level of communication with internal and external stakeholders.
• Advise the leadership regarding any recommended “change orders,” value engineering proposals, plan change recommendations, specifications, and budgets.
• Prepare and distribute RFP packages to qualified vendors, respond to RFI as required and responsible for final vendor selection ensuring optimal quality and budget pricing.
• Negotiate final cost and scope of work for all subcontracts, change orders and purchase orders as required.

Ple…