Investment Portfolio Manager, Real Estate Workplace Services

Minimum Qualifications Bachelor's degree in Finance, Real Estate, Economics, Business Administration, or equivalent practical experience. 12 years of experience in institutional real estate investment, private equity real estate, or investment banking with a real estate focus. 5 years of experience structuring, negotiating, and bringing real estate transactions (e.g., lease buyouts, dispositions with options, joint ventures) through the full approval cycle. 5 years of experience in advanced financial modeling (waterfalls, JV structures, development pro formas, risk analysis) and valuation. Preferred Qualifications Master's degree (MBA with Finance/Real Estate concentration, Master's in Real Estate or Finance). Experience in a large, matrixed corporate real estate or investment environment, specifically dealing with non‑core assets or large land development/repositioning. Experience preparing detailed investment committee packages for complex or high‑risk investments. Strong understanding of capital markets and debt/equity structuring for real estate. About the Job As the Portfolio Lead and a key member of the Investment Portfolio Management (IPM) team, you will report to the Senior Director of IPM, acting as the strategic architect for Google’s multi‑dollar billion non‑core portfolio. Your primary mission is to transition these assets from an aggressive growth legacy into a disciplined, investor‑grade platform, ensuring every exit is bold, responsible, and accretive to Google’s financial and social commitments. You are responsible for defining and driving a multi‑year investment and exit strategy that optimizes strategic outcomes across multiple dimensions, including financial returns, balance sheet efficiency, placemaking potential, brand value, and other dual‑use objectives. In this role, you will hold accountability for developing the strategic framework, structuring complex transactions, and navigating them through internal approval processes to secure leadership and stakeholder endorsement. A core function of your position is producing the final execution plan and providing oversight during the implementation phase to ensure that all actions remain accretive to the original investment thesis approved by the Investment Committee. Once the strategy is finalized, you will formally hand it over to the Real Estate Services (RES) team for execution, maintaining continued IPM collaboration throughout the process. To be successful, you must possess a unique blend of strategic thinking, ideation, and technical rigor. You can translate complex financial data into a compelling narrative and have an exceptional ability to align various stakeholders and leaders toward a common goal. A proven track record in sophisticated deal structuring, real estate strategy development, innovative housing developments, and navigating high‑stakes internal approvals to ensure compliance and maximize value for Google at every turn. The Real Estate and Workplace Services (REWS) team creates inspiring spaces and innovative services that bring Google’s culture and values to life. We build and maintain all aspects of what keeps our Googley workspaces operating seamlessly across multiple cities and regions globally. We also manage the industry‑leading services that help make Google a great place to work – from how we design healthy and collaborative workspaces, create energizing food experiences, provide convenient transportation and fitness options, to delivering environments where Google and our employees can thrive. Compensation The US base salary range for this full‑time position is $205,000–$285,000 plus bonus, equity, and benefits. Our salary ranges are determined by role, level, and location. Within the range, individual pay is determined by work location and additional factors, including job‑related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process. Please note that the compensation details listed in US role postings reflect the base salary only, and do not include bonus, equity, or benefits. Learn more about benefits at Google. Responsibilities Develop and refine business plans for non‑core real estate, identifying high‑yield opportunities like asset repositioning, complex entitlements, and joint ventures. Lead cross‑functional partners through the end‑to‑end Integrated Portfolio Management (IPM) framework, driving optioneering sessions and structuring complex transactions. Secure project approvals by guiding strategic recommendations through the Investment Committee and Spend Approval processes to drive portfolio decision velocity. Lead investor‑grade underwriting (NPV, IRR), manage non‑core budgets, and author Quarterly Investment Reports detailing Profit and Loss (P&L) levers for executive leadership. Orchestrate collaboration across global partners—including Treasury, Accounting, Legal, and external vendors—to de‑risk agreement structures and ensure workflow governance. Google is proud to be an equal opportunity workplace and is an affirmative action employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements. See also Google’s EEO Policy and EEO is the Law. If you have a disability or special need that requires accommodation, please let us know by completing our Accommodations for Applicants form. #J-18808-Ljbffr Google