November 18, 2019
As the head of portfolio management at Beacon Capital Partners, Sara Shank guides 35 buildings and 20 million square feet to success by identifying, evaluating and rolling out new technologies at the firm and across its various properties.
While the traditional portfolio manager might think solely about maintaining the assets’ current health, Shank remains laser-focused on the future. She executes a comprehensive technology strategy to remain competitive today, and for years to come.
It’s an approach that Shank has taken since joining the firm’s acquisitions team fresh out of business school in 2003, at a time when venture capital firms had just begun to recognize the potential of technology. She immediately realized the need to be in tune with how the industry was changing, and kicked off Beacon Capital’s market research function, which allowed the firm to make data-driven decisions for its portfolio.
As she moved from acquisitions into portfolio management, Hightower (now VTS) contacted Shank about implementing its software. After some evaluation, Shank moved to transform the portfolio in what would prove to be its first major tech integration under her leadership, a huge step for a firm in a notoriously tech-laggard industry.
These are just some of the reasons we chose Shank as one of the 2019 Women in Real Estate Award winners. Connect Media’s Women in Real Estate Awards honor the achievements and inspirational stories of women who have reached respected positions of leadership and play key mentorship roles for others.
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