AVP, Portfolio Management

Company Overview

Berkshire Residential Investments is a people-first real estate investment company who values not only the impact we make as a company, but the time we spend together in our high-performing teams. We value individual skills and perspectives to allow us to best serve our employees, investors, residents, and other stakeholders.

If you’re interested in a workplace where everyone feels empowered to bring their full, authentic selves to work each day, come join our talented and growing team at Berkshire Residential Investments. Our environment of entrepreneurial spirit, culture of expertise and our people-first approach will allow you to thrive while continuing to grow in your career.

Position Summary

The AVP, Portfolio Management will assist the Portfolio Manager(s) in overseeing their respective portfolios on behalf of Berkshire.

Responsibilities include, but are not limited to :

The AVP, Portfolio Management will participate in decision making with the Portfolio Manager(s) in all aspects of effectively overseeing their respective portfolios including but not limited to the following :

• Annual Portfolio Business Plan, which includes long-term and tactical strategies
• Investment selection for portfolio
• Investment management and disposition strategy
• Client relationship management and communication
• Cash management – capital calls / distributions
• Financing strategy for portfolio and properties
• Internal / Investor reporting and meetings
• Provide analytical support as requested by Portfolio Manager(s)
• Work with client directly and with client’s consultants, including tax, if necessary
• Prepare Annual Property Business Plans, with oversight by Portfolio Manager
• Work with Portfolio Manager on impact of tactical changes to Property and Portfolio Business Plans on projected performance as per Portfolio Model
• Monitor, oversee and report on Property Management’s execution of business plans
• Prepare monthly and quarterly performance reports for management and investors with approval by Portfolio Manager
• Visit markets and properties to validate business plan assumptions, monitor property operations, and identify opportunities and issues in order to improve operations
• Benchmark property performance against industry and peers
• Budget review, oversight, and analysis
• Stay abreast of relative market information for all markets related to the portfolio. Work closely with Berkshire’s Research team to stay abreast of their viewpoint and recommended course of action for each market they cover
• Work with Portfolio Valuation & Analytics Group in quarterly property valuations
• Consistently demonstrate use of tact and discretion

Knowledge / Experience :

Technical / Educational Requirements :

Berkshire Residential offers an excellent benefits package , focusing on our employees’ total health and wellness. We offer programs and incentives that promote physical, mental, financial, and behavioral wellbeing both within and beyond our workplace. Please visit our Careers page for full details – and to learn more about how we value our employees.

Berkshire Residential values diversity, equity, inclusion and belonging . Berkshire is committed to providing equal opportunity in all practices, including employees and applicants for employment. We ensure that decisions affecting employees are made without regard to their race, color, creed, national origin, age, disability, gender, gender identity, sexual orientation, or any other protected status.

Qualifications Education

Required

Bachelors

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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