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Director of Portfolio Management
Director of Portfolio ManagementBullpen • Berkeley, CA, United States
Director of Portfolio Management

Director of Portfolio Management

Bullpen • Berkeley, CA, United States
1 day ago
Job type
  • Full-time
Job description

Director of Portfolio Management

📍 Berkeley, CA

Bullpen, on behalf of a growing real estate investment and development platform, is seeking a Director of Portfolio Management to take a senior, high-impact role overseeing portfolio performance, forecasting, and execution across a rapidly expanding student housing and mixed-use residential portfolio.

This is a strategic position at the intersection of investments, capital markets, portfolio management, and development, driving outcomes across both operating assets and ground-up projects.

The Role

The Director will own portfolio-level financial performance while supporting underwriting, deal structuring, and long-term planning. You’ll be a key voice in capital allocation decisions and investor reporting as the firm scales nationally.

What You’ll Do

Portfolio Management & Financial Oversight

  • Lead budgeting, forecasting, and portfolio cash-flow planning.
  • Manage financial models for operating assets + development projects.
  • Produce monthly / quarterly reporting packages and performance dashboards.
  • Run hold / sell evaluations, refinancing scenarios, and capital optimization work.
  • Partner with operations teams to ensure leasing, occupancy, NOI, and rent growth targets are met.

Investments & Underwriting Support

  • Support underwriting for new acquisitions and developments.
  • Assist with JV structuring, waterfalls, and capital stack analysis.
  • Participate in due diligence across budgets, ops statements, comps, and third-party reports.
  • Contribute to investment memos and IC materials.
  • Capital Markets & Strategic Planning

  • Provide portfolio analytics for debt / equity processes.
  • Evaluate recapitalizations, refis, and dispositions.
  • Support long-term planning, pipeline forecasting, and AUM projections.
  • Cross-Functional Leadership

  • Align closely with development, asset management, ops, and leasing.
  • Mentor analysts / associates across the investment and portfolio management functions.
  • What You Bring

  • 7–12 years in real estate private equity, acquisitions, portfolio / asset management, investment banking, or development.
  • Strong Excel modeling and financial analysis skills.
  • Experience underwriting real estate investments (student housing or multifamily preferred).
  • Familiarity with capital structuring, JV partnerships, financing, and transaction execution.
  • Ability to synthesize complex data and present it clearly to senior leadership / investors.
  • Highly organized operator who thrives in a fast-paced, entrepreneurial environment.
  • Bachelor's required; advanced degree preferred.
  • Why This Role Is Compelling

  • High-visibility seat at a platform experiencing real growth.
  • Exposure to the full lifecycle : underwriting → development → operations → capital markets → portfolio strategy.
  • Entrepreneurial environment + true advancement upside.
  • Competitive compensation, strong bonus potential, and long-term incentive opportunities.
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    Director Portfolio Management • Berkeley, CA, United States

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