Managing Director, Portfolio Management, Private Equity Real Estate; Residential focused

# Managing Director, Portfolio Management, Private Equity Real Estate (Residential focused)
Principal Financial Group Managing Director Real Estate On-site

Location

New York, United States Date Posted May 12, 2026

Region Americas Stay  ahead of the market

Get instant notifications when new job openings matching "Real Estate / Managing Director jobs in New York, United States" are published.## About This Role Managing Director, Portfolio Management – Private Equity Real Estate (Residential Focused) at Principal Financial Group.

Principal Financial Group is seeking a Managing Director to lead its residential real estate portfolio on the Retail & Residential team, guiding portfolio strategy and execution for a large institutional pension client. This role blends investment judgment, client leadership, portfolio oversight, and leadership with meaningful influence on strategy, transactions, and long-term portfolio construction.

Key Responsibilities include:

shaping residential portfolio strategy, developing new investment vehicles, negotiating with operating partners, serving as senior client-facing advisor to institutional investors, overseeing large complex institutional residential real estate portfolios (multi-family and manufactured housing), leading transaction structuring and pricing, and mentoring investment professionals.

Requirements:
Bachelor's degree in finance or related field; 15+ years commercial real estate experience with deep residential portfolio management expertise in an institutional environment; proven success with pension fund clients.