Vice President, Portfolio Manager

Who We AreCore Spaces (Core) is more than a real estate company; it’s a people company. Where building relationships is just as important as building properties. From researchers and architects to designers and operators, Core is made up of risk takers and dreamers who are on a mission to invent the future of living. Our six cultural values guide us every day and we strive to live them in everything we do: PUSH (Invent Better Places to Live), GRIT (We Got This), LIFT (Help Each Other Win), SHINE (Bring Your Full Self), UPHOLD (Never Break Trust), GROW (Always Get Better). Everything Core does stem from this culture of collaboration and innovation, and the drive to constantly improve the resident experience. This unique approach has led to creating spaces and services that are redefining the way people live.
What We DoFounded in 2010, Core is a vertically integrated real estate investment manager focused on acquiring, developing and managing across the student housing and build-to-rent (“BTR”) sectors. Its residential communities feature world-class amenities, progressive design, and hospitality-driven service. Core’s student housing portfolio includes over 74,440 beds currently owned or managed, with a pipeline of over 53,860 beds in various stages of development. Core’s BTR division has over 3,000 homes under development, now leasing or in its pipeline in high-growth metros nationwide. For more information, visit and pipeline numbers as of Q2 2026Benefits That MatterA culture that provides you with a sense of belongingCompetitive pay that values your contributionsIncentives designed to reward your achievementsPaid flexible PTO to disconnect or celebrate life milestonesPaid 14+ holidays, including your birthday, to disconnect and celebratePaid Parental Leave that begins after 90 daysPaid volunteer time off to give back to your communityMonthly workshop weeks; fewer meetings & more collaborationRobust health plan options that begin within at least 30 days of your employmentMonthly phone reimbursementWellness allowance and perks, including a yearly subscription to a meditation appAn environment that provides you a voice to share your perspectivesEmployee Assistance Program (EAP) for access to confidential support servicesCompany retirement options including 401(k) + matching & Roth account optionsPosition OverviewThe Vice President, Portfolio Manager – Separately Managed Accounts (SMA) is a senior investment leader responsible for the strategy, oversight, and performance of Core’s SMA portfolio. This role owns the connection between investor objectives, portfolio construction, capital deployment, governance, and long-term investment outcomes.
Working across Acquisitions, Asset Management, Capital Markets, Investor Relations, Finance, Legal, and executive leadership, this role provides portfolio-level direction, evaluates investment and performance trends, supports capital allocation decisions, and translates complex asset
- and account-level data into clear insights for internal leaders and institutional investors. The Portfolio Manager ensures each SMA is managed with disciplined execution, strong fiduciary oversight, proactive risk management, and reporting that supports investor confidence and strategic decision-making.
What You Will DoSMA Strategy, Portfolio Construction, and Investment PlanningLead SMA portfolio construction strategy, including asset allocation, diversification targets, concentration limits, investment pacing, and deployment priorities aligned with client mandates.
Develop and execute portfolio-level investment strategies across deployment, stabilization, harvest, and disposition, ensuring alignment with return targets, risk profiles, and account objectives.
Guide pipeline prioritization, capital allocation, acquisitions, dispositions, recapitalizations, and financing decisions based on portfolio impact.
Identify emerging risks, market shifts, and portfolio imbalances; recommend adjustments to strategy and deployment approach.
SMA Performance Management and OversightOwn SMA performance evaluation against underwriting assumptions, business plans, client objectives, benchmarks, and investor expectations.
Monitor key metrics, including IRR, equity multiple, cash yield, realized and unrealized returns, and portfolio-level risk exposure.
Synthesize asset-level data into portfolio insights, identifying performance drivers, trends, risks, and opportunities.
Partner with Asset Management to evaluate operating performance and ensure business plans support fund-level priorities.
Present portfolio insights and recommendations to senior leadership, Investor Relations, and client stakeholders.
Capital Deployment, Liquidity Planning, and Execution CoordinationOversee capital deployment pacing and planning to ensure disciplined execution aligned with SMA strategy, client objectives, and account constraints.
Coordinate with Acquisitions to align deal flow with available capital, portfolio goals, client objectives,