Duties and Responsibilities

Asset Plan Execution:

• Evaluate performance of the assets vis-à-vis the individual asset plans, and recommend and implement revisions as necessary
• Complete full financial review and analysis on a monthly and quarterly basis
• Set annual operational and capital budgets in accordance with asset plans
• Prepare leasing and marketing strategy to maximize the income profile and value of each property, supported by market-based comparables and competitive information
• Provide direction to 3rd party property management companies regarding day-to-day management and operation activities
• Ensure that the capital plan is executed in accordance with the timing, scope and budget included in the original annual plan, and prepare annual capital budgets for the assets
• Monitor progress of capital projects to ensure timely completion and quality control
• Attend property tours semi-annually or on an as needed basis, action any items of concern noted
• Determine the operating assumptions for new assets in the acquisition process and develop asset plan. Provide operating assumptions for in-fill development projects
• Ensure disposition process runs smoothly with asset manager/analyst team
• Ensure that his/her team is appropriately managing property tax appeals process

Reporting:

• Monthly and quarterly review of asset management reports and business plan execution to ensure that projects are being completely on time and within budget; client reporting as required
• Review and present ad hoc reporting as reasonably requested by Client

Value Add Opportunities:

• Work with his/her team to ensure that all possible value creation opportunities are identified
• Prepare business plan recommendations for internal and external approval to execute value creation opportunities
• Execute and implement such programs with assistance from capital projects teams and/or 3rd party property management companies

Relationship Building:

• Take ownership of the acquisitions, dispositions, and financing transactions related to his/her portfolio and act as the lead communicator with all related third parties (property managers, lawyers, etc.)
• Coordinate due diligence activities with other departments and/or third parties.
• Manage investor/client relations activities
• Promote the Starlight brand in the real estate community
• Liaise with other internal departments and team members regarding value-add opportunities and special projects (i.e. energy initiatives)
• Ensure compliance to conditions set in place by financial institutions/lenders, municipalities and other governing bodies (i.e. TSSA, ESA). Provide updates and direct activities to correct any deficiencies
• Organize and lead property tours with Client and other stakeholders
• Conduct other day-to-day relations with third parties, including property managers, suppliers, joint ventures, lenders, brokers, consultants, advisors, accountants, lawyers, insurers, appraisers, and regulatory bodies

Requirements

• Degree in Business, Urban Development, and/or related field; MBA or professional designation an asset
• 10+ years experience in a related field
• Time-management, prioritizing, and multi-tasking skills
• Oral and written communication skills
• Organizational skills
• Analytical and problem solving skills
• Interpersonal skills, work well with others

Location

Head office