Portfolio Director
7 days ago
Selby Jennings is a leading provider of recruitment solutions for the financial services industry. We are committed to delivering exceptional results and building long-term relationships with our clients.
Job DescriptionThe Portfolio Director - Commercial & Class A Multifamily will be responsible for overseeing the strategic direction, performance, and optimization of our premium real estate portfolio.
- Key Responsibilities:
- Develop and execute asset management strategies to maximize portfolio value and performance.
- Provide in-depth financial analysis of portfolio performance, identifying key trends and presenting recommendations to senior management.
- Conduct comprehensive market research to assess trends, opportunities, and risks, ensuring the portfolio remains competitive and aligned with market conditions.
- Assist in managing acquisitions, dispositions, and recapitalizations, including due diligence, pre- and post-closing activities, and integrating new assets into the portfolio.
- Review capital budgets, long-term financial plans, and business plans for existing properties and potential acquisitions.
- Collaborate with property management teams to implement business plans, optimize operations, and ensure high levels of tenant satisfaction and retention.
- Work closely with the development team on assets under construction, ensuring smooth project execution and alignment with strategic objectives.
- Conduct regular site visits to properties to ensure adherence to strategic goals, operational efficiency, and portfolio standards.
- Evaluate regulatory compliance across all properties within the portfolio and maintain strong relationships with stakeholders.
To succeed in this role, you will need:
- A Bachelor's degree in Real Estate, Finance, Business, or a related field, with an MBA or equivalent advanced degree preferred.
- 7-10 years of experience in asset management, with a strong track record managing complex, mixed-use real estate portfolios (office, retail, and multifamily properties).
- Advanced financial modeling skills, with proficiency in tools such as ARGUS, Excel, and other industry-standard software.
- Strong leadership and communication skills, with the ability to influence stakeholders and collaborate across teams at all levels of the organization.
- Excellent analytical and problem-solving abilities, with a strategic, big-picture mindset.
- Proven ability to thrive in a fast-paced, entrepreneurial environment and manage multiple priorities effectively.
We offer a highly competitive salary package, including a base salary of $175,000 - $225,000 per year, depending on experience. In addition, you can expect a range of benefits, including health insurance, retirement savings, and professional development opportunities.
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