What You'll DoWe are seekinga ManagingDirector, PortfolioManagementto join our Retail & Residential team. In this role, you will lead our residential portfolio as well as provideadditionalsupport for retail investments, guiding portfolio strategy and execution for one of our more complex institutional real estate portfolios, helping maximize performance while aligning with theobjectivesof a large institutional pension client.
This position blends investment judgment, client leadership, portfolio oversight, and leadership, with meaningful influence on strategy, transactions, and long-term portfolio construction.
Strategic Planning & Portfolio Strategy
- Shape and help drive residential portfolio strategyTranslate strategic direction into executable plans through operating partners and investment structures
- Support development of new investment vehicles and structures designed to deliver strong risk-adjusted returns
- Procure and negotiate agreements with operating partners, joint venture partners, and institutional counterparties
Client Leadership & Market Engagement
- Serve as a seniorclientfacingleader and trusted advisor to institutional investors.
- Represent the firm with operating partners, brokers, and industry participantsacross the residential sector.
- Maintain deep awareness ofresidential market trends and translate insights into portfolio actions.
Portfolio Management & Investment Oversight
- Oversee a large, complex institutionalresidentialreal estate portfolio with a primary focus on multifamilyand manufactured housinginvestments.
- Direct execution ofvaluecreationstrategies across operating platforms and assets.
- Review and approve investment decisions, capital allocations, and transaction recommendations for underwriting discipline, portfolio fit, and risk alignment.
- Provide leadership on transaction structuring, pricing, andportfoliolevelimpacts.
- Represent the institutional client on management, investment, and governance committees.
Valuation,Risk& Reporting
- Partner with internal and external valuation consultants to execute portfolio valuation policy
- Ensure consistency, analytical rigor, and compliance with regulatory and audit requirements
- Oversee preparation and delivery of clear,decisionorientedreporting for institutional clients and senior internal stakeholders.
Leadership & Mentorship0
- Mentor and develop investment professionals across the team0
- Promote0high standards0of analysis, accountability, and collaboration0
- Contribute to a culture of0strong performance0and continuous development0
Who You Are
- Bachelors degree in finance, business, or related field; real estate focusstronglypreferred.
- 15+ years of commercial real estate experience with deepresidential portfolio managementexpertise, ideally within an institutional environment (allocator, operator, or GP).
- Proven success supporting institutional clients, including pension plans, and serving as a seniorclientfacinginvestment leader.
- Demonstrated abilityandtrack recordofstructuring, negotiating, and governingjoint venture investments with thirdparty operators.
- Strong background in residential investment strategy, portfolio construction, and risk management.
- Experience across acquisitions, asset management, and portfolio oversight.
SkillsThat Will Help You Stand Out
- Experience with complementary residential sectors such as senior housing, student housing, or manufactured housing.
- History of influencingportfolioleveldecisions and capital allocation at scale.
- Exceptional communication and presentation skills with institutional investors, consultants, and boards.
- Proven leader witha track recordof developinghighperforminginvestment professionals.
- Willingness to travel regularly to assets, operating partners, and client meetings.
Salary Range InformationSalary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.
Salary Range$242000 - $300000 / year
Salary Details
Compensation
The base salary range for this role is $242,000 6 $300,000 as indicated above. Final compensation will be determined based on skills, experience, and alignment with the roles responsibilities.
In addition to base pay, this role participates in an annual profit share bonus plan.
Time Off ProgramFlexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness. Employees dont accrue a bank of time off under FTO and there is no set number of days provided.
Pension EligibleNo
Additional Information
Location(s)
Were open to considering remote talent or in-office talent working out of our office locations in Des Moines, Charlotte, Chicago, Denver or New York City.
Work Authorization/Sponsorship
At this time, were not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States. This includes, but IS NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For additional information around work authorization needs please use the following links.
Nonimmigrant Workers and Green Card for Employment-Based Immigrants
Investment Code of Ethics
For Principal Asset Management positions, youll need to follow an Investment Code of Ethics related to personal and business conduct as well as personal trading activities for you and members of your household. These same requirements may also apply to other positions across the organization.
Posting WindowWe will accept applications for 3 full days following the Original Posting Date, after which the posting may remain open or be removed based upon applications received. If we choose to post the job again, we will accept additional applications for at least 1 full day following the Most Recently Posted Date. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond the applicable deadline.
Date First Posted (TTF)5/12/2026
Latest Post Date: Careers - US5/12/2026
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