Senior Vice President, Real Estate

Role Overview

• Source and manage third-party fund investments, supporting Portfolio Management to meet CRI performance goals.
• Maintain strong relationships with assigned third-party fund managers through regular communication and deep knowledge of fund holdings.
• Fulfill annual and quarterly Portfolio Management reporting requirements by monitoring and reporting on fund activity and performance.
• Contribute to updates of CRI’s surplus equity and high-yield investment strategy.
• Demonstrate understanding of CRI investment strategies, macroeconomic trends, real estate fundamentals, and portfolio holdings.
• Serve as Portfolio Manager for a Separate Managed Account (SMA).
• Construct the SMA portfolio, collaborate with Acquisitions to underwrite new investments, and approve annual business plans for each asset.
• Lead the preparation and presentation of credit materials for new investments.
• Secure investment committee approvals, oversee all closing activities with internal and external partners, and ensure thorough process management.
• Review and improve processes as needed to ensure Acquisitions, Portfolio Management, Fund Management, and Asset Management teams have the tools to succeed and deliver high-quality work.
• Engage in Enterprise Improvement Initiatives and special projects.
• Initiate enhancements, proactively solve problems, and take ownership of implementation.
• Support managers and peers in achieving production and return targets for Third-Party Managed Funds.
• Provide training and development, delegate tasks and empower analysts to take ownership.
• Share responsibility and accountability.

Requirements

• 10+ years of experience in real estate acquisitions, asset management, portfolio management, or fund management
• BA/BS in business, economics, finance, or related field
• MBA, CFA, or other advanced business or investment designation preferred
• Experience with third-party managed funds
• Portfolio management experience with SMA construction and asset management
• Experience managing capital market relationships with banks, insurance companies, debt funds, brokers, and partners
• Experience generating and managing debt or equity investments across property types, including underwriting and valuation
• Strong problem-solving skills and ability to thrive in a fast-paced environment
• Demonstrates urgency and initiative
• Excellent written, verbal, and analytical skills
• Advanced Excel skills; proficient in Microsoft Office
• Direct real estate investment expertise
• Strong team player

Benefits

• Health insurance
• 401(k)
• Paid time off
• Flexible work arrangements
• Professional development opportunities