Project Manager, Capital Project Diligence

4 days ago


Houston, Texas, United States Welltower™ Inc. (NYSE:WELL) Full time $80,000 - $120,000 per year

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.

Job Summary
This position plays a key role in supporting capital due diligence and underwriting across Welltower's national senior housing portfolio. Responsibilities include evaluating physical plant conditions, coordinating with consultants and subject matter experts, and assisting with capital planning for acquisitions, transitions, and ownership strategy. The Project Manager also supports remediation, project execution, and operator-requested improvements as part of the broader Capital Projects team. This is a REMOTE role that must ideally reside in Dallas, TX area.

Key Responsibilities

  • Diligence and Underwriting Support

  • Assist in preparing scopes of work, project plans, and budget estimates for new acquisitions and asset transitions.

  • Participate in initial site walks and vendor inspections for acquisitions to identify potential capital needs and assess building systems.
  • Review third-party property condition reports and vendor findings; support integration of key findings into investment committee materials and ownership transition plans.
  • Coordinate with internal and external subject matter experts (e.g., MEP engineers, structural consultants, environmental specialists) to refine understanding and cost estimates for critical issues identified during diligence.
  • Support the Capital and Diligence team in coordinating with legal, environmental, and risk stakeholders as needed during diligence efforts.
  • Help maintain and refine checklists, templates, and documentation workflows for repeatable diligence execution.

Additional Duties
Latent Defects, Warranty & Remediation Oversight

  • Support identification and documentation of latent defects in acquired properties, including coordination of follow-up inspections and contractor engagement.
  • Assist in tracking and managing warranty claim processes with general contractors, vendors, and consultants.
  • Help evaluate repair scope options, solicit and review proposals, and support execution of targeted remediation efforts.

Project Execution

  • Support on-site capital renovation activities, including monitoring construction progress, safety compliance, and quality control.
  • Participate in kickoff meetings, inspections, and punch list closeouts.
  • Assist with tracking schedules, processing invoices and change orders, and maintaining construction progress documentation.

Operator-Requested Improvements

  • Evaluate operator-raised improvement requests by assessing urgency, necessity, and alignment with project priorities and budgets.
  • Assist in developing scopes and budget estimates for enhancements during active or upcoming capital projects.

Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of this employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

TRAVEL
Travel is required for property inspections, diligence walks, and remediation visits, including overnight trips.
Approximately 50–70%.
Minimum Requirements

  • High School Diploma required; Bachelor's degree in Real Estate, Construction Management, Engineering, or related field strongly preferred.
  • Minimum of 5 years of project management experience, ideally within senior housing, healthcare, hospitality, or multi-family real estate.
  • Familiarity with real estate due diligence processes, capital repair planning, and post-close defect identification is a plus.
  • Strong organizational, communication, and problem-solving skills.
  • Applicants must be able to pass a pre-employment drug screen.

Employment is contingent upon the successful completion of a background check, drug screening, and verification of employment, education, and other credentials relevant to the position.
What We Offer

  • Competitive Base Salary + Annual Bonus
  • Generous Paid Time Off and Holidays
  • Employee Stock Purchase Program – purchase shares at a 15% discount
  • Employer-matching 401(k) Program + Profit Sharing Program
  • Student Debt Program – we'll contribute up to $10,000 towards your student loans
  • Tuition Assistance Program
  • Comprehensive and progressive Medical/Dental/Vision options
  • Professional Growth
  • And much more

About Welltower
Welltower Inc. (NYSE: WELL) an S&P 500 company, is the world's preeminent residential wellness and healthcare infrastructure company. Our portfolio of 1,500+ Seniors and Wellness Housing communities is positioned at the intersection of housing, healthcare, and hospitality, creating vibrant communities for mature renters and older adults in the United States, United Kingdom, and Canada. We also seek to support physicians in our Outpatient Medical buildings with the critical infrastructure needed to deliver quality care.

Our real estate portfolio is unmatched, located in highly attractive micro-markets with stunning built environments. Yet, we are an unusual real estate organization as we view ourselves as a product company in a real estate wrapper driven by relationships and unconventional culture.

Through our disciplined approach to capital allocation powered by our data science platform and superior operating results driven by the Welltower Business System, we aspire to deliver long-term compounding of per share growth and returns for our existing investors – our North Star.

Welltower is committed to leveraging the talent of a diverse workforce to create great opportunities for our business and our people. EOE/AA. Minority/Female/Sexual Orientation/Gender Identity/Disability/Vet



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