Associate Portfolio Manager

Austin Community College; Richmond (VA); On-site; USD 70,000 - 100,000; Full time

Job summary

A real estate investment firm based in Richmond, Virginia is seeking an Associate Portfolio Manager. This role combines operations, financial analysis, and acquisitions while giving exposure to institutional real estate investments. Responsibilities include profit and loss management, aiding in acquisitions, and developing marketing strategies. The ideal candidate will hold a bachelor's degree in a related field, possess strong communication skills, and exhibit problem-solving abilities. This opportunity provides merit-based advancement and a casual work environment.

Qualifications

• Bachelor's degree in Business, Real Estate Management, or a related field (preferred).
• Interest in a career in the commercial real estate industry.
• Strong communication and interpersonal skills – both written and verbal.
• Excellent organizational and problem-solving abilities.
• Proficiency in Microsoft Office Suite and must be willing to learn and master management and financial software.

Responsibilities

• Profit and loss responsibility for a specific set of owned assets.
• Assist in all aspects of the acquisition process including sourcing deals.
• Coordinate the activity to ensure well-maintained residential communities.
• Develop and execute marketing strategies to attract and retain residents.
• Prepare and manage value add initiatives.
• Prepare and manage value add initiatives, ensuring financial goals are met or exceeded.
• Monitor and direct the revenue collection process in compliance with company policy and local law.
• Attract, hire, review and manage remote staff who work throughout the country.

Skills

Communication skills

Organizational skills

Problem-solving

MS Office

Financial software

Education

Bachelor's degree in Business, Real Estate Management, or related field

Tools

Microsoft Office Suite

Financial software

Job description

Overview: ClearTrail Real Estate acquires and operates Manufactured Housing Communities (MHCs) throughout the United States. We are a Richmond, Virginia based firm seeking to expand our professional staff as we continue to grow. We are currently looking to hire a select number of high-caliber individuals to join our team as Associate Portfolio Managers.

This role sits at the intersection of operations, financial analysis and acquisitions and is designed to provide direct exposure to how institutional real estate investments are sourced, evaluated, acquired, and operated. Success in this role is a prerequisite for advancement into acquisitions and senior investment roles within the firm.

Our work environment is characterized by: merit-based advancement, performance-based bonuses, direct working relationships with senior management, forthright feedback and a casual work environment.

Key Responsibilities

• Profit and loss responsibility for a specific set of owned assets.
• Assist in all aspects of the acquisition process including sourcing deals, underwriting the current and forecasted operations, conducting due diligence, and on-boarding transactions.
• Implement and enforce the company’s policies and standard operating procedures.
• Coordinate the activity of on at each location to ensure well-maintained and attractive residential communities.
• Develop and execute marketing strategies to attract and retain residents.
• Prepare and manage value add initiatives, ensuring financial goals are met or exceeded.
• Monitor and direct the revenue collection process in compliance with company policy and local law.
• Attract, hire, review and manage remote staff who work throughout the country.

Qualifications

• Bachelor's degree in Business, Real Estate Management, or a related field (preferred).
• Interest in a career in the commercial real estate industry.
• Strong communication and interpersonal skills – both written and verbal.
• Excellent organizational and problem-solving abilities.
• Proficiency in Microsoft Office Suite and must be willing to learn and master management and financial software.

Personal Attributes

• Leadership skills with the ability to motivate and manage a team.
• A commercial mindset with a commitment to operational and financial excellence.
• Detail-oriented and capable of multitasking in a dynamic environment.