Portfolio Manager, Office of Real Estate



Category Charles River Campus -- Professional

Job Location Boston, MA, United States Tracking Code Posted Date
10/15/2026

Salary Grade Grade 50

Expected Hiring Range Minimum$Expected Hiring Range Maximum$The salary of the finalist selected for this role will be set based on a variety of factors, including but not limited to departmental budgets, qualifications, experience, education, licenses, specialty, training and internal pay comparison. The above hiring range represents the University's good faith and reasonable estimate of the range of possible compensation at the time of posting.

Position Type Full-Time/Regular The Portfolio Manager provides comprehensive financial and operational analytics to support asset optimization across BU's real estate portfolio. Reporting to the Associate Vice President of Real Estate, this role designs and maintains comprehensive KPI reporting for all portfolio segments; monitors financial performance against targets across complex ownership structures, (trust-owned properties, investments); conducts financial assessments and modeling to evaluate deal economics, operational models, and asset positioning;

and delivers insights that inform capital allocation and asset-level decision making. Working autonomously on analytical initiatives within strategies set by leadership, the Portfolio Manager serves as the internal portfolio analytics expert, translating data into clear, actionable recommendations that drive performance improvements, optimize asset positioning, and align portfolio decisions with institutional objectives.

Required Skills

Essential Functions:

Essential Function 1:

Portfolio Performance Monitoring & Analytics:

Design, calculate, and maintain KPIs for rental and leased portfolios (occupancy, RPU, NOI, cash flow, turnover costs, expense trends, time-to-lease, tenant concentration, revenue growth, maintenance spend).Produce dashboards, detailed reports, and drill-down analysis.

Conduct variance analysis and trend investigation; identify operational drivers of performance variance and deviations from targets. Support Real Estate leadership with data for strategic and operational planning, operational improvement initiatives, portfolio performance assessment, and asset optimization recommendations.

Collaborate across Campus Planning & Operations teams to develop and refine dashboards and self-service analytics.

Essential Function 2:

Comparative Asset Assessment & Opportunity Identification:

Analyze portfolio composition, asset positioning and capital needs to inform strategic planning and optimization recommendations; develop multi-year financial projections and scenario outlooks by asset.

Assess financial performance and ROI potential; identify repositioning, renovation, and capital deployment opportunities through financial analysis.

Develop business cases with ROI, DCF, and sensitivity analysis.

Benchmark portfolio performance against comparable market assets and internal peers.

Analyze market conditions, trends, and performance drivers that impact financial outcomes (e.g., market rental rates, tenant demand, operating cost inflation).Support acquisitions and dispositions with financial analyses and synergy assessments.

Essential Function 3:

Financial Analysis, Pro Forma Modeling & Projections:

Maintain comprehensive NOI models for each property in the portfolio, including revenue projections, operating expense forecasting, and cash flow analysis.

Update models upon lease/operational changes. Conduct property-level variance analysis comparing actual versus projected NOI.Lead pro forma modeling for lease renewals, rate changes, capital projects, renovations, and strategic scenarios.

Conduct ROI analysis on capital improvements and operational initiatives; support budget forecasting and financial planning. Build financial cases for strategic options (hold/improve/divest/reposition) with supporting analysis and sensitivity testing. Develop financial analysis and pro forma templates for organizational use. Provide ad hoc analysis and scenario modeling to support leadership decision-making.

Support multi-year financial projections and strategic scenario planning.

Essential Function 4:

Vendor Performance & Operational Model Financial Assessment:

Monitor performance of outsourced vendors and operational models (property management, brokerage, maintenance) against financial targets and cost metrics.

Analyze vendor spend, service delivery costs, and financial efficiency (e.g., cost per unit, turnover…