Vice President, Real Estate

Ardent Health is a leading provider of healthcare in growing mid-sized urban communities across the U.S. With a focus on people and investments in innovative services and technologies, Ardent is passionate about making healthcare better and easier to access. Through its subsidiaries, Ardent delivers care through a system of 30 acute care hospitals, 24,000+ team members and more than 280 sites of care with over 1,800 affiliated providers across six states.

POSITION SUMMARY:

The Vice President, Real Estate is responsible for overseeing the organization's real estate portfolio, construction projects, and facilities management. This role plays a critical role in developing and implementing strategies to optimize the organization's real estate assets, manage construction initiatives, and ensure efficient and effective operations of facilities. The VP will lead a team and collaborate with cross-functional stakeholders to drive the successful execution of real estate, construction, and facilities management initiatives.

• Develops and executes the organization's real estate strategy, including identifying opportunities for acquisition, disposition, monetization, and leasing.
• Oversees the full real estate portfolio, ensuring optimal utilization of assets and effective management of leases, acquisitions, dispositions, and saleleasebacks.
• Serves as the primary liaison with the REIT investor, coordinating asset strategy and performance.
• Negotiates major real estate agreements, including leases, purchase contracts, and related documents to secure favorable terms.
• Maintains an accurate inventory of all owned and leased properties, ensuring compliance with regulatory and industry requirements.
• Provides strategic oversight of facilities management, including maintenance, repairs, and capital improvements to ensure safe and efficient operations.
• Develops and enforces facilities management policies, procedures, and best practices, ensuring compliance with safety, quality, regulatory, risk, and insurance standards.
• Collaborates with operational leaders to assess infrastructure needs, optimize space utilization, and support efficient facility operations.
• Establishes and monitors KPIs and performance metrics to drive continuous improvement in real estate and facilities operations.
• Manages vendor and contractor relationships, including evaluations, contract negotiations, and performance oversight to ensure quality and costeffectiveness.
• Leads planning and design for construction, expansion, and renovation projects, ensuring alignment with strategic objectives and compliance requirements.
• Oversees development of project scopes, budgets, and construction documents, collaborating with architects, engineers, and consultants and promoting sustainable, energyefficient design practices.

Education & Experience:

• Bachelor's degree in Real Estate, Construction Management, Engineering, or a related field.
• 10+ years experience in property management, property management, planning and design, and construction, with a proven track record of successfully overseeing complex projects.
• Master's degree, preferred.

Knowledge, Skills & Abilities:

• Strong knowledge of real estate principles, market trends, and financial analysis.
• Excellent leadership and management skills, with the ability to build and motivate high-performing teams.
• Exceptional communication and negotiation skills, with the ability to collaborate effectively with internal and external stakeholders.
• Strong problem-solving and decision-making abilities, with a strategic mindset.
• Knowledge of applicable regulatory requirements and industry standards.