Bluestone Properties

**Strategic Portfolio Oversight** - **Fund Strategy:** Act as the internal LP voice to ensure portfolio execution aligns with the stated investment thesis, provides optimal diversification across geographies, vintages, and multifamily sub-types (e.g., Garden-style vs. Mid-rise). - **Fiduciary Leadership:** Act as a primary fiduciary for pension plan LPs, ensuring all investment decisions and capital allocations meet the strict risk-return profiles of institutional retirement funds. - **Hold/Sell Analysis:** Lead the quantitative assessment for dispositions and recapitalizations, balancing the need for realized gains with the long-term cash flow requirements of our investors. **Performance & Financial Governance** - **Valuation Management:** Direct the quarterly valuation process under institutional standards, coordinating with third-party appraisers and internal deal teams to ensure "bulletproof" marks for audit. - **Risk Mitigation:** Monitor portfolio-level risk, including interest rate exposure, insurance cost volatility, and regulatory changes (e.g., rent control legislation) that impact the long-term yield. - **Capital Allocation:** Oversee the funding of major capital expenditure (CapEx) programs across the portfolio, ensuring value-add initiatives are delivering the underwritten ROI. **Institutional Investor Relations** - **LP Reporting:** Own the end-to-end delivery of quarterly institutional reporting packages, utilizing ILPA and GIPS standards to provide best-in-class transparency. - **Strategic Liaison:** Serve as a key point of contact for Pension Plan Investment Officers and Consultants, presenting portfolio performance, market outlooks, and ESG/DEI initiatives. - **Side Letter Compliance:** Ensure the fund adheres to all specific LP side letters, including concentration limits and reporting nuances. **Operational Infrastructure & Team Leadership** - **Systems Architecture:** Evaluate and optimize portfolio management technology (e.g., **Yardi, RealPage, etc.**) to automate data collection and improve the speed of "top-down" analysis. - **Cross-Functional Collaboration:** Partner with the Acquisitions team to ensure "portfolio fit" for new deals and with Asset Management to drive property-level NOI performance. - **Mentorship:** Lead and develop a team of portfolio analysts, fostering a culture of technical excellence and institutional rigor.

• Creation of asset management reports with market commentary, asset performance commentary and plans of action to drive higher asset value. • Develop and deliver comprehensive quantitative KPI reporting on property level metrics including but not limited to leasing trends, operating performance and market analyses. • Provide high-level qualitative analyses and insights on; property team performance, marketing strategy, capital improvements/progress, financing strategy, hold-sell strategy, distributions and capital calls. • Execute all reporting requirements for institutional investors, proactively addressing abnormalities and questions investors may have from the given information and updates. • Effectively present information to and respond to questions from the Investment Committee, investors, lenders, and partners. • Optimize underwriting assumptions, providing insights to all asset management elements as the liaison between the investment and property management team. • Contribute directly to developing a strategic business plan for new investments and provide key asset management insights throughout the acquisition process. • Provide an expert recommendation on company-wide investment decisions as a member of the Investment Committee. • Partner with cross-functional teams to formulate and implement short- and long-term asset management strategies, ensuring alignment between investment goals and property-level operational performance. • Provide executive leadership in collaboration with operations teams to drive the annual budgeting and forecasting process, reviewing and approving budgets across the full portfolio.

• Sustain and preserve relationships with existing network of developers, brokers, and construction lenders. • Create and develop new relationships with developers, brokers, and construction lenders. • Source new construction/ground up multifamily investment opportunities with no geographic restrictions. • Evaluate investment opportunities to expose strengths and weaknesses. • Assist in the closing process of multiple investment opportunities simultaneously. • Monitor and assist in the ongoing asset management needs of closed investments.

**As the Sr. Regional Manager, your mission is to provide solid leadership to the assigned portfolio while demanding superior performance, placing an emphasis on results, while developing all B-level Property Manager “Players” into A-level Players or by quickly identifying under-performing employees and then networking/recruiting to find top A-Players that will be hired, trained, and developed with the support, from the recruitment team. To achieve this mission you will:** - Embrace Bluecrest's culture of empowerment and transparency by engaging in healthy debate with leadership (No Fear of Conflict) and sharing what is not working well (4WHAT) on a weekly basis. - Focus on Talent discovery; building your dream team of A-Player Property Managers. - Empower your Property Managers while holding them accountable for decisions and results. - Be a servant leader; being a resource for all Property Managers in your portfolio to achieve maximum results. - Inspect, verify and audit the communities frequency to confirm Bluecrest and legal compliance. - Continually evaluate your people, product and price and take action to solve your problems proactively.