Markham, ON
40 days ago
Director of Real Estate
We are searching for a Director of Real Estate who will build and lead an in-house property management company.  Currently the company has a diversified portfolio of approximately 2 million sq. ft. of industrial, retail and office assets, held through 14 GP/LP and corporate entities.   Strengthen internal processes for cost allocation, coding, and documentation

4. Audit & Lender Compliance

Prepare full year-end audit working papers and supporting schedules Act as the primary liaison with external auditors Manage all annual lender requirements, including: Property financial statements Rent rolls DSCR/LTV compliance calculations Budgets and CAM/TMI packages Supporting schedules and documentation Support refinancing, loan renewals, lender due diligence, and covenant tracking

5. Investment Analysis & Acquisitions

Build financial models for new acquisitions and refinancing scenarios Conduct NOI, cap rate, DSCR, IRR, and sensitivity analyses Evaluate debt structures (LTV, amortization, refinance return scenarios) Prepare investment memos and recommendations for ownership Participate in due diligence for acquisitions and financing events

6. Systems, Processes & Team Leadership

Implement and optimize property management/accounting systems (Yardi, MRI, etc.) Drive process improvement, automation, and reporting efficiency Lead, mentor, and supervise property accounting staff Establish strong internal controls and financial discipline across the real estate platform

Qualifications

7–12 years of experience in real estate finance or property accounting Solid understanding of office, retail, and/or industrial real estate operations Proven experience with CAM/TMI budgeting and reconciliation Strong financial modelling skills (NOI, DSCR, IRR, cap rate, refinance scenarios) Advanced Excel skills; Yardi/MRI experience is a strong asset CPA designation (or strong accounting foundation) preferred Experience working with lenders, auditors, and ownership groups Ability to work independently and build systems and processes from scratch Strong communication, leadership, and problem-solving abilities Comfortable operating in an entrepreneurial, high-accountability environment  
Confirm your E-mail: Send Email