Portfolio Manager

POSITION SPECIFICATION
PORTFOLIO MANAGER

Shine Associates, LLC has been retained to search, identify and recruit a Portfolio Manager on behalf of our client ("Company").

Shine Associates, LLC has been exclusively retained on this assignment. Information contained in this position specification as well as any other information concerning the Company provided or verbally discussed is confidential. All materials and discussions are to be utilized for the sole purpose of a candidate’s personal review of the career opportunity.

Our client is a privately‑held and vertically‑integrated real estate company that develops, owns, and operates a portfolio of multifamily, industrial, and mixed‑use developments. With corporate offices in Atlanta, Boston, Dallas, Dubai, New York, and San Francisco, the Company is an experienced real estate private equity investor and manager supported by an integrated operating platform and has 65+ years of experience across multiple asset classes.

The Firm’s existing and under‑development properties are valued at over $31.0 billion.

During its 65‑year history, the Company has developed, managed or acquired over 96,000 residential units and 32.5 million square feet of commercial space in twenty‑four states. The current portfolio includes over 57,000 residential units, 1 million square feet of retail and office space, and 26 million square feet of industrial space.

The Portfolio Manager’s primary role, in conjunction with the Senior Vice President, is to launch and manage a new series of closed‑end, value‑add, multifamily funds. The general objective of this role is to work with the Senior Vice President to have day‑to‑day responsibility for the Fund’s operations and performance including reviewing new potential investment opportunities, driving business plan execution, managing fund operations, investor reporting, and capital raising.

The successful individual will work collaboratively with internal stakeholders including the Portfolio Management, Asset Management Acquisitions, Strategy and Business Analytics, Debt Capital Markets, Capital Raising, Compliance and Accounting teams to drive the success of the fund series.

• Direct and work with the Portfolio and Asset Management teams on the oversight of the fund’s portfolio of multifamily properties with responsibility for overall performance.
• Oversee and monitor the performance of the fund’s value‑added strategies and opportunities.
• Work with the Senior Vice President, Chief Strategy Officer and CIO to evaluate and select markets and sub‑markets in which to target acquisitions and dispositions.
• Direct and collaborate closely with the Acquisitions team on potential new investments for the fund.
• Evaluate the performance of the portfolio against pro forma, internal business plans and industry benchmarks such as NCREIF and REITs.
• Work with Capital Raising team and Senior Vice President as relationship manager and primary contact for prospective and existing investor(s).
• Responsible for supervising the creation of the fund’s reporting and communication materials including pitchbooks, the Quarterly Letter and Annual Meeting presentation.
• Assess capital market conditions and real estate markets to develop an appropriate annual business strategy for the fund. Formulate the fund’s Annual Investment Plan and property‑level operating and capital budgets and business and strategic plans.
• Coordinate with Debt Capital Markets on the financing/leverage strategies for the portfolio.
• Manage the fund’s quarterly and annual reporting processes in conjunction with Accounting and Investor Relations teams.
• Work with the Chief Compliance Officer to oversee compliance with the fund’s operating agreement.
• Provide oversight of the fund’s external valuation process on a quarterly basis. Engage and oversee the third‑party appraisal manager and coordinate the review of the appraisals internally.
• Active participant in the fund’s Investment, Allocation and Appraisal Committee meetings.
• Work with Asset Management to develop hold/sell analyses and annual business plans, determine…