Portfolio Manager

Portfolio Manager

Location: Salem, Oregon (Hybrid)

Employment Type: Full-Time

About Neighborly Ventures

At Neighborly Ventures, we develop, construct, and manage multifamily housing in Oregon, Washington, and Utah. How we do our work matters just as much as what we do. We operate with an outward mindset, being accountable for results and for how our work impacts others.

If you’re not familiar with the outward mindset, this short video provides a simple introduction:

https://www.youtube.com/watch?v=zzE6Fd7D-jU

Job Summary

We are seeking a detail-oriented and analytical Portfolio Manager to join our team. The Portfolio Manager is responsible for the management and performance of a specific portfolio of multifamily housing properties. This role requires a strong understanding of multifamily operations, investment strategy, and risk management, and works closely with property managers and internal teams to guide strategy, monitor performance, and support long-term value.

Key Responsibilities

Strategic Asset Oversight

Develop and implement investment strategies aligned with ownership objectives, performance goals, and risk considerations.

Oversee the financial and operational performance of assigned properties against established goals.

Guide property-level planning and decision-making using operating results and conditions to support performance, value, and returns.

Financial Analysis & Reporting

Review and analyze financial statements, budgets, and forecasts to assess property performance.

Develop and maintain financial models to support forecasting, capital planning, and disposition analysis.

Capital Planning & Disposition

Develop capital expenditure plans in collaboration with property managers.

Oversee major capital projects to ensure they are completed on time, within approved budgets, and support long-term value.

Evaluate and recommend strategies for refinances and dispositions based on performance and market conditions.

Property Management Partnership

Review property management performance to ensure alignment with financial and operational goals.

Recommend operational improvements to support efficiency, retention, and overall performance.

Risk & Stakeholder Management

Identify and address financial and operational risks across the assigned portfolio.

Serve as a point of contact for investors and lenders by providing clear performance updates.

Professional Judgment

Uses sound judgment to make decisions grounded in current property conditions.

Takes ownership of portfolio outcomes and follows through on action plans.

Detail-oriented, with a strong focus on accuracy in financial reporting and analysis.

Communicates clearly with internal teams and external stakeholders.

Qualifications

Bachelor’s degree in Finance, Real Estate, Business Administration, or related field, or equivalent experience.

2–3 years of experience in asset management, real estate, or a related multifamily role (preferred).

Advanced proficiency in Microsoft Excel and financial modeling tools.

Familiarity with property management software (ResMan preferred).

Strong analytical skills and the ability to manage multiple priorities.

Travel & Work Environment

Hybrid role with some in-person work required.

Regional travel may be required.

Compensation & Benefits

Salary Range: $80,000–$90,000 annually, based on experience and internal equity.

Benefits include medical, dental, vision, 401(k), paid time off, associate rent discount, and Employee Assistance Program.