Senior Vice President – Investment Management
Location:
Memphis, TN
Company Description:
Our client is a leading vertically integrated multifamily owner, operator, and developer with a diverse portfolio from the mid-Atlantic, through the upper Midwest, southwest, southeast, and the Rocky Mountain region. It currently has approximately 35,000 units across 22 states; consisting of affordable, conventional, and mixed-income communities. The investment team specializes in multifamily and senior housing preservation projects, financed using State and Federal Low-Income Housing Tax Credits paired with tax mortgage bond financing and various soft debt programs. The Federal Historic Tax Credit Program is also accessed and utilized for qualifying projects. Their in-house asset management team provides comprehensive asset management capabilities in support of the Company’s operating portfolios.
Position Description:
The Senior Vice President (SVP) of Investment Management will initially be focused on capital raising for two funds; affordable and market. They will be tasked with growing the investor base with qualified institutional investors. The SVP will be responsible for working with investors after the initial outreach by helping to guide and close them for new institutional funds and separately managed accounts, with ongoing portfolio management responsibilities.
The successful candidate will have strong interpersonal savvy that is supported by a solid technical understanding of the multi-family sector and excellent written and oral communication skills. As a key member of the investment team, this person will manage existing relationships as well as establish targets for new relationships, carefully crafting the messaging and customizing an approach for potential investors.
KNOWLEDGE, SKILL AND ABILITIES:
- Deep experience with capital raising and portfolio management
- Thorough familiarity with institutional investment processes and its various participants
- Excellent written and verbal communication skills
- Strong project management/task prioritization capabilities
- Precise attention to detail that is thoughtfully applied to content and deliverables
- Ability to travel
EDUCATION – EXPERIENCE REQUIREMENTS:
- Bachelor’s degree in business or related field and significant relevant real estate experience
- Strong working knowledge of multi-family investment and/or institutional capital raising
COMPETENCIES:
- Collaborative Mindset: It is imperative the person has the ability to work within a team oriented structure and value being a member of a high performing team.
- Decision Quality: Making sound and timely decisions that keep the assigned initiatives advancing.
- Drives Results: Consistently achieving results, even under challenging circumstances.
- Instills Trust: Gaining the confidence and trust of colleagues through honesty, integrity, and authenticity.
- Business Insight: Applying knowledge of business and the marketplace to help advance the organization’s goals.
- Strategic Mindsight: Seeing ahead to future possibilities and translating them into breakthrough strategies.
- Interpersonal Savvy: Relating openly and comfortably with diverse groups of people.
- Nimble Learning: Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder.
- Plans and Aligns: Planning and prioritizing work to meet commitments aligned with organizational goals.
- Entrepreneurial mindset: Self-starter mentality with the ability to serve as a brand ambassador, presenting the value proposition of the company as a trusted name with solid sponsorship.
To learn more about this position, contact: Jen Sheldon | (219) 921-1363 | jsheldon@crownsearch.com