Two-thirds of the holy triad of property management, asset and portfolio managers protect and maximize value through daily attention to their properties as well as strategic positioning for the future all the while coordinating between property managers and owners. Real estate Asset and Portfolio Managers have the responsibility of maximizing the performance and value of the company's portfolio of real estate assets that are owned and/or managed through acquisitions, dispositions, or operations. They are responsible for formulating and implementing a long-range real estate asset management and/or fund management strategy. While Asset Managers typically focus on a single property type, e.g. office properties, within the company's real estate investment portfolio, Portfolio Managers would be responsible for all the product types within the fund, which may include office, retail, and multi-family.
|Role / Company||Location||Posted|
|Senior Portfolio ManagerParamount Property Company||Oakland, CA||May 23, 2018|
|Analyst, Due DiligencePM Realty Group||Los Angeles, CA||May 23, 2018|
|Portfolio ManagerAmeriprise Financial||Houston, TX||May 23, 2018|
|Portfolio Management AssociateGenesis Capital, LLC||Woodland Hills, CA||May 23, 2018|
|VP Asset ManagementEagle Rock Advisors||New York, NY||May 22, 2018|
|Director of Asset ManagementPennrose Management Company||Philadelphia, PA||May 22, 2018|
|Portfolio Management AnalystKeystone Property Group||Conshohocken, PA||May 21, 2018|
|VP of Capital Expenditures and PurchasingAsia Capital Real Estate||Atlanta, GA||May 18, 2018|
|Client Services AssociateNational Real Estate Advisors, LLC||Washington, DC||May 17, 2018|
|Associate - CMBS REORialto Capital Management||Henderson, NV||May 17, 2018|
Looking to the future
Opportunities will be abundant in the future for Asset and Portfolio Managers. With less new development projects in the mix, investment owners will be more focused on increasing the profitability of their existing assets and will turn to Asset and Portfolio Managers to make it happen. Demand for employees with the ability to maximize property/portfolio performance, i.e. Asset and Portfolio Managers, will increase sharply in the coming months and years due to the ever changing real estate market. Even as acquisitions increase, asset managers will be involved in the due diligence process as owners are more focused on operating performance.