Portfolio Management Vice President -or- Senior Vice President (San Antonio, TX)

Affinius Capital•San Antonio, TX

14d•Onsite

About The Position

The Vice President or Senior Vice President supports the portfolio management team overseeing the operations, investment performance, and strategic execution of Affinius Capital’s U.S. Real Estate Eagle Fund, its flagship open-ended, diversified, core-plus fund. The role spans asset management, acquisitions, development, capital markets, accounting, performance reporting, and investor relations. It requires a real estate investment professional with strong underwriting and transaction capabilities, advanced Excel and financial modeling skills, and the leadership presence to manage associates and communicate with limited partners and other stakeholders. The position supports portfolio strategy and fund management, including forecasting, planning, performance analysis, debt and liquidity management, capital allocation, valuation reviews, and compliance. It also contributes to underwriting and executing real estate investments and transactions, preparing investment committee materials, coordinating financing and due diligence, and developing investor and stakeholder communications. The role manages and develops associates and analysts and leads cross-functional workstreams. The position is full-time and requires working on-site. Extended hours may be necessary during peak periods.

Requirements

Bachelor’s degree in Finance, Real Estate, Accounting, Economics, or a related field.
At least 6 years of experience in institutional private equity real estate, investment management, acquisitions, development, asset management, portfolio management, real estate finance, or a comparable field.
Demonstrated experience underwriting and managing real estate investments and transactions, with a strong understanding of the investment process from initial evaluation through closing and ongoing asset oversight.
Advanced Excel and financial modeling skills, including the ability to independently build, audit, and explain complex real estate investment models.
Proficiency with Argus Enterprise, Yardi, Microsoft PowerPoint, and other tools commonly used in institutional real estate investment and reporting.
Strong understanding of valuation, capital structures, joint ventures, debt financing, portfolio management, and institutional real estate performance metrics.
Experience preparing investment committee materials and presenting investment recommendations or performance updates to senior decision-makers.
Leadership capabilities, including experience managing, mentoring, or overseeing associates and analysts.
Exceptional written, verbal, and presentation skills, including the ability to communicate credibly with limited partners and diverse internal and external stakeholders.
Excellent analytical judgment, attention to detail, organizational discipline, and follow-through.
Ability to manage multiple priorities and deliver high-quality work under tight deadlines.
Must be willing to work on-site full time.

Nice To Haves

Master’s degree, MBA, MSRE, CFA, CAIA, or CPA preferred.

Responsibilities

Support Fund- and asset-level forecasting, annual planning, sensitivity analysis, stress testing, performance attribution, and scenario modeling.
Monitor portfolio and investment performance, identify key drivers and risks, and provide strategic recommendations to portfolio management leadership.
Manage and evaluate Fund-level debt, including lines of credit and levered feeder structures, and support leverage and liquidity decisions.
Oversee cash management, capital capacity, capital deployment, distributions, and liquidity forecasts.
Collaborate with asset management and development teams to evaluate asset business plans, operating budgets, capital projects, leasing assumptions, and development requirements.
Support portfolio construction and capital allocation decisions, including acquisition, development, refinancing, recapitalization, hold/sell, and disposition recommendations.
Oversee quarterly valuation and portfolio review processes with asset management, accounting, performance, and valuation teams.
Ensure compliance with Fund governing documents, investment guidelines, investor side letters, and other applicable requirements.
Support detailed underwriting of acquisitions, developments, recapitalizations, financings, and dispositions across multiple property types.
Build, maintain, and review sophisticated Excel models, including property cash flows, development models, debt sizing, discounted cash flow analyses, joint venture waterfalls, promotes, and return sensitivities.
Evaluate and challenge underwriting assumptions, including rents, occupancy, concessions, operating expenses, capital expenditures, development costs, financing terms, cap rates, discount rates, and exit timing.
Analyze investment returns using applicable metrics such as IRR, equity multiple, NPV, yield-on-cost, debt yield, DSCR, loan-to-cost, and loan-to-value.
Perform market, comparable, supply-and-demand, and risk analysis to validate business plans and support investment recommendations.
Review associates’ models and analytical work for technical accuracy, consistency, completeness, and clear documentation of assumptions.
Analyze large and complex datasets to identify key performance indicators, trends, and anomalies; derive conclusions; and validate underlying data and analytical results.
Support transactions from initial screening and underwriting through investment committee approval, due diligence, financing, closing, and transition to asset management.
Draft, review, and present investment committee memoranda and supporting analyses that explain opportunities, business plans, capital structures, returns, downside risks, and mitigants.
Assist in structuring and negotiating joint ventures, partnership agreements, equity commitments, governance rights, and economic waterfalls.
Coordinate asset-level debt placement and evaluate construction, bridge, permanent, and other financing alternatives.
Coordinate due diligence involving legal, tax, accounting, environmental, engineering, insurance, market, and operational matters.
Work with disposition teams and brokers on valuation, marketing materials, bid analysis, buyer diligence, and sale execution.
Develop clear, accurate materials for quarterly reporting, investor updates, annual meetings, prospective investor diligence, fundraising, and other stakeholder communications.
Communicate Fund and asset performance, attribution, outlook, liquidity, leverage, investment activity, and key risks to limited partners, consultants, lenders, joint venture partners, and internal leadership.
Participate in investor updates, new investor meetings, partner meetings, investment committee discussions, and the annual investor conference.
Collaborate with capital raising and investor relations teams on messaging, speaking points, due diligence responses, and presentation materials.
Translate complex real estate, financial, and portfolio matters into concise executive-level communications.
Manage, mentor, and develop associates and analysts by prioritizing assignments, reviewing work, providing technical guidance, and supporting professional development.
Establish and reinforce best practices for underwriting, modeling, investment memoranda, portfolio analytics, reporting, and quality control.
Lead cross-functional workstreams and maintain accountability across investments, asset management, development, accounting, legal, performance, capital markets, and investor relations.
Demonstrate sound investment judgment, ownership, initiative, and the ability to advance multiple complex priorities in a fast-paced environment.
Coordinate with internal and external counsel and capital raising teams on Fund documents and investor requirements.
Collaborate with accounting and performance teams on quarterly reports, financial results, valuations, and performance measurements.
Continuously improve Fund models, reporting processes, controls, documentation, and management information.
Assist with other Fund-related operational initiatives and strategic projects as needed.
Perform additional duties as assigned.