Director, Asset Management

Toronto, ON, CA, Canada

Job Description

Dream is looking for a Director, Asset Management!





We are always looking for the best and brightest to join our thriving community. Dream's Asset Management Team is currently looking for a Director for the growing multi-family real estate portfolio in Canada.


Who Are You?





Our ideal candidate brings extensive experience in multifamily asset management, with a demonstrated history of delivering strong operational and financial results across a varied portfolio. They possess a deep understanding of asset optimization strategies, consistently driving value by maximizing net operating income, improving tenant satisfaction, and ensuring high standards of operational performance. This individual excels in aligning property performance with ownership objectives, leveraging data-driven decision-making and cross-functional collaboration to enhance asset value and long-term returns.



This candidate has a proven background in:


Asset strategy and financial reporting Team leadership and third-party property management oversight Leasing, tenant programming, and capital project execution

We're looking for someone who can confidently guide asset-level decisions, contribute to strategic planning, and ensure each property performs at or above industry benchmarks.


What does this role entail?





Below are some of the primary responsibilities the successful candidate will be taking on in this role:


Oversee asset management responsibilities for Dream's Canadian apartment portfolio (4,000 units) including annual business plan, budgeting and execution of value-add and purpose build rental strategies Identify value creation opportunities and oversee the repositioning & renovation process, and coordinate with Dream internal construction team; Work closely with Dream's Investments team on all multi-family opportunities including assisting with due diligence, on boarding and asset planning; Work closely with Dream's development team on the onboarding and lease-up of all Purpose Build Rentals in Dream's +4,000 unit pipeline; Oversee 3rd party property managers and provide direction on day-to-day management and operation activities Establish revenue management strategy for 3rd party property manager to implement; Work alongside property managers in establishing annual business plans and operating budgets for Dream owned projects or lead representative for partnership projects; Track performance and prepare reporting materials to various portfolio managers / clients including competitive building benchmarking; Lead internal quarterly valuation process and annual 3rd party appraisals; Gathers, compiles, and analyzes market, economic, and capital trend information; Maintain key Multi-Family databases; and Create and maintain financial models for asset management and related initiatives.

What is the required experience?




Minimum of 7 years of real estate multifamily asset management experience Owner, operator experience or hands-on involvement with a vertically integrated asset and property management businesses Proven track record of building, leading, developing, and mentoring a team of customer-centric real estate professionals Exceptional presentation and communication skills, both oral and written; superior interpersonal skills

Who are we?





Dream is a leading developer of exceptional office and residential assets in Toronto, owns stabilized income generating assets in both Canada and the U.S., and has an established and successful asset management business, inclusive of $28 billion of assets under management across three Toronto Stock Exchange ("TSX") listed trusts and numerous partnerships. We also develop land and residential assets in Western Canada.



Our attitude and approach set us apart from our competitors. We are guided by our entrepreneurial spirit: we seize unconventional opportunities and try new things, approaching every project with passion and purpose.



We look forward to hearing from you, but please note; due to the high volume of applications, only candidates who qualify will be contacted.


Dream Unlimited is committed to workplace diversity and provides accommodations to applicants with disabilities throughout our hiring process.

Beware of fraud agents! do not pay money to get a job

MNCJobz.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Job Detail

  • Job Id
    JD2495291
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, CA, Canada
  • Education
    Not mentioned