Director, Portfolio Management (Commercial/Industrial)

Job DescriptionJob Description

Headquartered in Newport Beach, California. BKM Capital Partners is a real estate fund manager specializing in the acquisition and improvement of value-add multi-tenant industrial properties in metro areas across the Western U.S. Combining a deep knowledge of this niche industrial product type with in-house capabilities including on-site property management, asset management, and leasing to reposition and institutionalize light industrial assets, the firm continues to build on its proven track record, generating strong results with high levels of transparency and engagement for investors.

The Position:

The Director, Portfolio Management will report directly to the Managing Director, Asset Management and be an integral member of the BKM Capital Partners’ leadership team.  This person will be responsible for managing our partnerships which includes communication and support, operations and performance reporting, and overall portfolio performance. The position will require driving forward our Joint Venture and Portfolio Management initiatives. Travel is expected in this role and is anticipated to be approximately 10%.

Due to the collaborative nature of our company culture this position is 100% in office.

Essential Functions:

Portfolio Management

• Aids in the formulation, establishment, and implementation of portfolio strategies for entire organization (all products and business lines).
• Accountable for investment related communications with investors regarding the performance of all of the portfolios within the company/fund.
• Responsible for developing and improving relationships/communication with investment clients as well as other members of the financial community. 
• Oversees entire portfolio management functions.
• Establish, maintain, and enhance relationships with investment partners, and serve as the primary point of contact for the Joint Venture partnerships
• Monitor portfolio performance, return projections, and identify risks to achieving targeted returns collaborate on solutions and communication with the Executive and Asset Management Teams.

Joint Venture Operations and Performance Reporting

• Manage new property on-boarding process internally and own responsibility for joint venture operations, execution, and governance
• Develop content and preparation of standardized reporting package and/or quarterly presentations
• Work collaboratively with the financial reporting team to include property management, property accounting, fund accounting, and portfolio analyst to ensure accuracy and consistency in all JV reporting packages
• Regularly communicate property specific performance to JV partners and act quickly with urgency to address questions or concerns.
• Create customized procedures, software systems and operational reporting deliverables for all new JV partners 

Overall Portfolio Performance

• Drive asset-level financial strategies based on asset and portfolio performance
• Monitor portfolio trends and performance risks in the short and long term, and provide early indication of potential under-performing assets
• Provide portfolio-level return projections and make disposition and/or financing recommendations that meet financial objectives and maximize value creation
• Collaborate with Regional Asset Managers and Leasing Managers to understand quarterly market leasing assumptions and capital expenditure forecasts
• Participate in Asset Strategy Review and Asset Strategy Execution meetings

Leadership Responsibility Expectations

• Be Respectful - to all cross-team members needed for collaboration of this role
• Teamwork - is a must at this level of leadership & interaction
• Attitude - is an expectation of role because of interaction with many co-workers
• Above the line communication – team members will follow your lead
• Do the right thing – will always gain you respect for the role
• Deadline-driven with the ability to prioritize
• Maintain good communication and relationships with team members
• Connect with teams to create a collaborating environment in the execution of required tasks
• Perform other duties or projects as requested and display positive leadership attitude for the company
• Demonstrate the highest ethical standards

Interpersonal Skills & Attributes Needed

• Deadline-driven with the ability to prioritize
• Maintain good communication and relationships with team members
• Connect with teams to create a collaborating environment in the execution of required tasks
• Perform other duties or projects as requested and display positive leadership attitude for the company
• Demonstrate the highest ethical standards

The Qualifiers

• Minimum of 10 years of experience with expertise in commercial real estate investment and/or finance.
• An in-depth grasp of real estate fundamentals, valuation, financial modeling and underwriting.
• Experience in real estate private equity, dealing with joint venture partners and institutional investors strongly .
• MBA strongly , but not required.
• Motivated and results driven with strong work ethic and team-oriented approach.

The Perks:

• Competitive Pay
• Medical, Dental, Vision and Life Insurance
• Paid Time Off
• 401k Plan
• Professional Development Resources
• Fun Work Vibe: Pickleball, Basketball, etc..

Company DescriptionBKM Management Company is a division of BKM Capital Partners, a real estate fund manager specializing in the acquisition and improvement of value-add multi-tenant industrial properties in metro areas across the U.S. Combining a deep knowledge of this niche industrial product type with in-house capabilities including on-site property management, asset management, and leasing to reposition and institutionalize light industrial assets, the firm continues to build on its proven track record, generating strong results with high levels of transparency and engagement for investorsCompany DescriptionBKM Management Company is a division of BKM Capital Partners, a real estate fund manager specializing in the acquisition and improvement of value-add multi-tenant industrial properties in metro areas across the U.S. Combining a deep knowledge of this niche industrial product type with in-house capabilities including on-site property management, asset management, and leasing to reposition and institutionalize light industrial assets, the firm continues to build on its proven track record, generating strong results with high levels of transparency and engagement for investors