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Preservation Portfolio Manager/Director

Job Description

About the Opportunity

As a Portfolio Manager for Preservation Asset Management, you will be responsible for overseeing the operations and performance of an institutional investor in multifamily real estate partnerships. This role focuses on managing a portfolio of preservation-focused multifamily investments to optimize operational outcomes and ensure alignment with investor objectives.

Responsibilities

  • Oversee operational performance of multifamily assets in institutional investment partnerships
  • Act as a fiduciary for the investor, ensuring decisions align with agreements and return objectives
  • Evaluate asset and fund performance against underwriting and benchmarks
  • Identify value-add and risk-mitigation opportunities
  • Maintain relationships with general partners and provide oversight
  • Lead, coach, and manage team members
  • Review reports, budgets, and variance explanations
  • Conduct site inspections
  • Prepare and deliver portfolio performance reports
  • Identify and mitigate financial, operational, and compliance risks

About You

The ideal candidate will have a Bachelor’s Degree in a related field and at least five years of experience in institutional real estate investment or asset management. Supervisory and/or REIT experience is preferred.

Eligibility

Travel up to 40% may be required. Remote locations will be considered. Normal business hours with some additional hours as needed.

Benefits

This position offers a benefits package that includes medical, dental, vision, life insurance, retirement savings, paid time off, and more. Benefits eligibility and offerings may vary based on position and employment status.

About Company

Raymond James values diversity and inclusivity in its people-first culture. The company is an equal opportunity employer and makes all employment decisions based on merit and business needs.