Vice President of Portfolio Management

Over the last 30 years, our client has assembled a real estate portfolio (the “Portfolio”) with a book value of over $1B. They estimate that the market value of the Portfolio is closer to $1.5-$2.0B. The Portfolio consists primarily of affordable multi-family housing, with small components of commercial store-fronts, professional office space and market rate multi-family. More specifically, the Portfolio consists of 49 multi-family affordable housing properties accommodating 4,163 units, two professional office buildings totaling approximately 17,000 square feet, two commercial strips with a total of 13 rental units and two historic sites (40 Acres and La Paz) totaling more than 220 acres and accommodating approximately 75,000 square feet of residential and office space. The Portfolio is situated in urban, suburban and rural communities in CA, AZ, NM and TX; with more residential properties, both affordable and market, in development.

KEY RESPONSIBILITIES

Portfolio Leadership

• Demonstrate a heart-driven commitment to social justice through the strategic management of CCF’s real estate portfolio.
• Foster collaboration across diverse communities, stakeholders, and partners.
• Achieve the VPPM BHAG : A self-sustaining portfolio contributing at least $3M annually to CCF’s growth and resident success by December 31, 2028.
• Collaborate with the President and COO to define and measure strategic portfolio goals.
• Establish BHAGs and annual objectives for each sub-function; lead operational planning and reporting cycles.
• Conduct monthly Management by Objectives and Results (MOR) meetings with sub-function leaders and executive leadership.
• Evaluate and optimize the organizational structure of Portfolio Management and its sub-functions.
• Approve underwriting for new and existing developments to ensure long-term portfolio health.
• Oversee administrative budgets and recommend resource allocation across divisions.
• Coordinate the transition of new projects from development to stabilization.
• Drive continuous improvement and innovative revenue generation strategies across the portfolio.

Asset Management

Asset Management is a sub-function directly in support of the Portfolio Management work. The Vice President of Portfolio Management leads, oversees and supports a four-member Asset Management team through the following responsibilities and duties :

Risk Management

Risk Management is a sub-function directly in support of the Portfolio Management work. The Vice President of Portfolio Management leads, oversees and supports a two-member Risk Management team through the following responsibilities and duties :

Property Management

Asset Management is a sub-function directly in support of the Portfolio Management work. The Vice President of Portfolio Management leads, oversees and supports a 166-member Property Management team through the following responsibilities and duties :

Community Services

Community Services is a sub-function directly in support of the Portfolio Management work. The Vice President of Portfolio Management leads, oversees and supports a 32-member Community Services team through the following responsibilities and duties :

Supervisory Responsibilities

The VPPM directly and indirectly oversees a broad team of professionals and support staff. Responsibilities include :

Education & Experience

Mathematical & Analytical Skills

Certificates & Licenses

Salary and Benefits