Vice President, Investments & Portfolio Management

Overview

RCLCO Fund Advisors (RFA), a division of RCLCO, is a SEC Registered Investment Advisor and leading real estate investment consulting firm that advises some of the world’s largest pension funds, sovereign wealth funds, and institutional investors. RFA provides tailored investment solutions by leveraging its deep understanding of market dynamics to assist clients in the implementation of their real estate strategy through the allocation and management of real estate capital across all real estate strategies and property types.

RFA currently has approximately $88 billion of assets under advisement and has advised on over $11 billion of equity investments for its clients.

RFA draws on decades of experience and expertise in applied real estate analysis to address the important issues of real estate investing faced by institutional investors, including:

• Developing strategies that maximize value throughout the cycle through the development and implementation of investment ideas, pacing plans, policies, and risk management systems;

• Providing high quality and forward-looking investment analyses, including review of buildings, separate accounts, and funds and programmatic joint ventures that will provide superior risk-adjusted investment returns;

• Developing and implementing asset monitoring systems that identify and manage risk in existing portfolios on a timely basis to maximize value; and

• Providing strategic thinking regarding investment analyses, portfolio construction, and management through presentations, articles, and custom work for clients.

Position Summary

Position:
Vice Presidents for our Investments & Portfolio Management team, based in either Los Angeles, Denver, Washington, D.C., New York City, or our upcoming office in San Francisco (slated to open mid-February 2026).

Key Job Responsibilities

• Underwriting new investments on behalf of institutional investors (comprising over $50 billion in invested real estate equity) across multiple property types and locations, including the review of cash flow assumptions, pricing, fees, and preparation of discounted cash flow models including complex waterfall fee structures;

• Analyzing investment opportunities in operating companies, separate accounts, programmatic joint ventures, and funds;

• Evaluating potential investment partners based on track records, strategies, pipelines, financial and operating structures, and management interviews;

• Researching and developing knowledge of industry trends and participants;

• Reviewing existing assets, including investment performance reporting, hold/sell analyses, budget reviews, capital plans, restructuring analyses, and appraisal reviews; and

• Preparing reports and presentations to communicate key findings and recommendations to the Investment Committee and clients.

Preferred Qualifications

• Bachelor’s degree in real estate, finance, economics, or with a demonstrated interest in quantitative analysis in the real estate industry;

• Work experience requiring quantitative analysis, either through multiple internships or working in the private/public sector;

• Proficiency in Microsoft Office applications including Word and PowerPoint, and particularly in the use of Excel for financial modeling and analysis;

• Excellent written and verbal communication skills;

• Demonstrated knowledge of commercial real estate underwriting and valuation;

• Ability to structure quantitative and qualitative problem-solving approaches, and attention to detail and accuracy;

• Experience managing junior team members on projects;

• Experience and ability to manage multiple projects at any given time under various time frames and constraints; and

• Experience with senior housing and multifamily highly preferred, but not required.

Years of experience, including internship or work study programs: 4-8+ years

Estimated annual base salary, depending on experience: $K, plus annual bonus.

Benefits

• Hybrid schedule flexibility, with team members in the office 3 days per week and the option to work fully remote 4 weeks each year

• 100% paid healthcare for employees, including dental and vision insurance (with the option to upgrade plans and add…