Senior Associate, Portfolio Management

Senior Associate, Portfolio Management Department:
Portfolio Management & Investment Strategy

Position Type:
Full-Time (200k /yr +)

Location:

On-Site / Alexandria, VA

The Senior Associate of Portfolio Management will work directly with the Portfolio Manager to establish and execute portfolio-level strategy and maximize performance across the firm’s investment vehicles. This is a hands-on, investment-savvy role that assists in capital allocation and hold/sell/refinance decisions, leads portfolio analytics and reporting, and serves as a credible, polished voice in front of investors and capital partners. The Portfolio Management team sets strategic objectives for and works alongside the Asset Management team - owning outcomes at the portfolio and fund level, while asset managers drive execution at the property level.

• Assist in the construction and execution of portfolio strategy to drive performance across assigned vehicles, including return targets (IRR, equity multiple, cash yield), portfolio composition, and diversification.
• Assist in making capital allocation decisions, including hold/sell/refinance analysis, capex prioritization, reinvestment, and pacing of acquisitions/dispositions against portfolio strategy.
• Maintain a clear understanding of fund-level leverage, liquidity, and cash management, including distribution planning and coverage.
• Assist in monthly and quarterly valuation processes and oversee third-party appraisal engagements.
• Review and, alongside the Portfolio Manager, approve annual property business plans and budgets prepared by asset management, ensuring alignment with fund objectives.
• Monitor fund compliance with investment guidelines, loan covenants, and (where applicable) REIT and structure-specific requirements.

• Own fund and portfolio financial models, including projections, return attribution, sensitivity/scenario analysis, and stress testing.
• Build and maintain portfolio KPI dashboards; track performance against underwriting and budget, flagging variances early with recommended actions.
• Lead quarterly and annual reporting cycles, including fund performance reporting, benchmark comparisons, and board/committee materials.
• Partner with accounting, FP&A, and investor relations to ensure data integrity across reporting, valuations, and investor deliverables.

• Partner with Marketing and Capital Markets teams on marketing materials, including pitch decks, offering summaries, track record exhibits, and case studies.
• Own the accuracy of all performance data, portfolio statistics, and track record figures used in marketing and fundraising materials.
• Support due diligence processes, including DDQs, data room content, and consultant/advisor requests.
• Contribute market and portfolio insights to thought leadership, webinars, and investor communications.

• Serve as a portfolio-level subject matter expert in investor meetings, advisor/RIA conversations, and capital formation efforts.
• Present portfolio performance, strategy, and outlook with clarity and credibility.
• Draft investor letters, performance commentary, and responses to ad-adhoc investor and consultant inquiries.
• Represent the firm at industry conferences and investor events as needed.

• Establish portfolio-level objectives for the asset management team alongside the Portfolio Manager; run recurring portfolio reviews and hold asset managers accountable to business plans.
• Provide portfolio-fit input on acquisitions and dispositions, actively participating in Investment Committee discussions.
• Support transaction execution from a portfolio perspective, focusing on financing strategy, capital events, and post-close integration into portfolio reporting.

5+ years in real estate portfolio management, asset management, or investment management. Multifamily asset class experience is strongly preferred. Fluency in real estate finance, capital structures, valuations, and return metrics, with a demonstrated track record of driving portfolio-level decisions. Advanced financial modeling skills in MS Excel are required. Experience with institutional reporting and Business Intelligence (BI) tools is a plus. Polished, investor-ready communicator who is comfortable presenting to institutional investors, family offices, RIAs, and board members.

Experience with non-traded REITs, 1031/721 exchange structures, or private fund vehicles is a strong plus. Bachelor's degree in Finance, Real Estate, Economics, or a related field. A CFA, CAIA, or MBA designation is considered a plus.

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