Portfolio Manager, Office of Real Estate

Boston University; Boston (MA); On-site; USD 100,000 - 120,000; Full time

Job summary

Boston University is seeking a Portfolio Manager for the Office of Real Estate to lead analytics across the university's real estate portfolio. The role designs and maintains KPI reporting, analyzes occupancy, NOI, cash flow, and market trends to inform capital allocation and asset positioning.

Reporting to the Associate Vice President of Real Estate, the candidate will build pro forma models, conduct scenario analyses, and collaborate with Campus Planning & Operations to deliver insights and

Qualifications

• Bachelor's degree required; 5-8 years of experience.
• Strong KPI reporting, financial modeling, and scenario analysis.
• Experience with NOI, cash flow, and ROI assessments.

Responsibilities

• Design, calculate, and maintain KPIs for rental and leased portfolios.
• Produce dashboards, detailed reports, and drill-down analysis.
• Conduct variance analysis and identify drivers of performance variance.
• Support leadership with data for planning and asset optimization.
• Develop and refine dashboards with cross-campus partners.

Skills

KPI reporting

Dashboards

Financial modeling

Variance analysis

NOI analysis

Pro forma modeling

Vendor management

Data governance

Education

Bachelor's degree

Master's degree

Job description

Portfolio Manager, Office of Real Estate

Category

Job Location

Tracking Code

26501067031001

Posted Date

10/15/2026

Salary Grade

Grade 50

Expected Hiring Range Minimum

$100,300.00

Expected Hiring Range Maximum

$120,300.00

The salary of the finalist selected for this role will be set based on a variety of factors, including but not limited to departmental budgets, qualifications, experience, education, licenses, specialty, training and internal pay comparison. The above hiring range represents the University's good faith and reasonable estimate of the range of possible compensation at the time of posting.

Position Type

Full-Time/Regular

The Portfolio Manager provides comprehensive financial and operational analytics to support asset optimization across BU's real estate portfolio. Reporting to the Associate Vice President of Real Estate, this role designs and maintains comprehensive KPI reporting for all portfolio segments; monitors financial performance against targets across complex ownership structures, (trust-owned properties, investments); conducts financial assessments and modeling to evaluate deal economics, operational models, and asset positioning; and delivers insights that inform capital allocation and asset-level decision making. Working autonomously on analytical initiatives within strategies set by leadership, the Portfolio Manager serves as the internal portfolio analytics expert, translating data into clear, actionable recommendations that drive performance improvements, optimize asset positioning, and align portfolio decisions with institutional objectives.

Required Skills

Essential Functions:

• Design, calculate, and maintain KPIs for rental and leased portfolios (occupancy, RPU, NOI, cash flow, turnovercosts, expense trends, time-to-lease, tenant concentration, revenue growth, maintenance spend).
• Produce dashboards, detailed reports, and drill-down analysis.
• Conduct variance analysis and trend investigation; identify operational drivers of performance variance and deviations from targets.
• Support Real Estateleadership with data for strategic and operational planning, operational improvement initiatives, portfolio
  performance assessment, and asset optimization recommendations.
• Collaborate across Campus Planning &Operations teams to develop and refine dashboards and self-service analytics.

Comparative Asset Assessment & Opportunity Identification:

• Analyze portfolio composition, asset positioning and capital needs to inform strategic planning and optimizationrecommendations; develop multi-year financial projections and scenario outlooks by asset.
• Assess financialperformance and ROI potential; identify repositioning, renovation, and capital deployment opportunities through
  financial analysis.
• Develop business cases with ROI, DCF, and sensitivity analysis.
• Benchmark portfolioperformance against comparable market assets and internal peers.
• Analyze market conditions, trends, andperformance drivers that impact financial outcomes (e.g., market rental rates, tenant demand, operating costinflation).
• Support acquisitions and dispositions with financial analyses and synergy assessments.
• Maintain comprehensive NOI models for each property in the portfolio, including revenue projections, operatingexpense forecasting, and cash flow analysis.
• Update models upon lease/operational changes. Conductproperty-level variance analysis comparing actual versus projected NOI.
• Lead pro forma modeling for leaserenewals, rate changes, capital projects, renovations, and strategic scenarios.
• Conduct ROI analysis on capital improvements and operational initiatives; support budget forecasting and financial planning. Build financialcases for strategic options (hold/improve/divest/reposition) with supporting analysis and sensitivity testing.
• Develop financial analysis and pro forma templates for organizational use.
• Provide ad hoc analysis andscenario modeling to support leadership decision-making.
• Support multi-year financial projections and strategicscenario planning.
• Monitor performance of outsourced vendors and operational models (property management, brokerage,maintenance) against financial targets and cost metrics.
• Analyze vendor spend, service delivery costs, andfinancial efficiency (e.g., cost per unit, turnover velocity cost, maintenance cost trends).
• Evaluate financial performance of operational models; prepare business cases for operational model changes (insourcing,
  outsourcing, hybrid) with cost/benefit analysis.
• Monitor lease expirations, renewal workflows, and rollover risk; track tenant concentration by revenue exposure, default/delinquency, and portfolio sustainability metrics; Prepare executive financial risk reporting andcompliance documentation.
• Maintain data governance, data dictionary, and system documentation for portfolioanalytics.
• Identify and elevate emerging portfolio risks (market shifts, tenant exposure, revenue concentration,expense overruns, operational bottlenecks, vendor cost inflation).

Cross-Functional Partnership & Stakeholder Engagement:

• Serve as analytical subject-matter expert for leadership, operational team, ownership entities, and externalpartners.
• Partner with Real Estate leadership to align analysis with strategic priorities.
• Present findings, trends, and recommendations to leadership, committees, and ownership entities in clear, persuasive formats.
• Train andmentor colleagues on portfolio analytics, KPI interpretation, and financial modeling tools; build analyticalcapability across the organization.
• Support ad hoc analytical requests from leadership and operational teams.

Required Experience

Bachelor's degree required. Masters preferred. 5-8 years of experience.

We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, natural or protective hairstyle, religion, sex, age, national origin, physical or mental disability, sexual orientation, gender identity, genetic information, military service, pregnancy or pregnancy-related condition, or because of marital, parental, or veteran status. We are a VEVRAA Federal Contractor.