Director, Asset Management

Company Overview

Avenue Living Residential is Western Canadas fastest-growing private rental properties operator with an expanding presence in Alberta Saskatchewan and Manitoba.

We believe in bringing people together and building relationships we are proud of every day. Our core values guide our actions and our people bring our mission to life. We are committed to providing safe and welcoming accommodations while being responsive to our residents needs with efficient execution.

Our innovative teams work together to deliver both quality and value to our residents as we pride ourselves in creating communities that are safe and comfortable places to call home.

What We Are About

At Avenue Living Communities we ensure our team members are provided with a place to develop careers that are challenging and rewarding so everyone can realize their full potential. We know our people are our biggest brand ambassadors and create our culture. We believe when we take care of our team members they can then extend that Duty of Care to our residents and business partners.

We look for team members who are collaborative creative and In It Together. Individuals who are accountable consistent resourceful and responsive. Those who can take initiative seek feedback and demonstrate grit in overcoming challenges and adapting to change.

Green Is More Than Just Our Colour

If you are wondering if the grass is greener here at Avenue Living Communities you can take comfort in knowing that through our common purpose we build relationships we are proud of every day.

By focusing on leadership excellence employee engagement and quality service- combined with a continuous improvement mindset we give you the green light to create meaningful connections and memorable experiences. Fostering a positive environment where people feel energized and empowered to have sustainable results

In addition to our team members we also want our planet to thrive. Avenue Living Communities is committed to a green future by enhancing our properties with features such as environmentally friendly water management procedures improved heating and cooling systems solar panels and upgraded air filtration technology.

WHAT WILL YOU DO

• Collaborate on strategic investment with property management insurance treasury and capital projects teams to craft and execute investment strategies that maximize value and performance.
• Execute acquisition due diligence efforts in partnership with acquisitions financing property management and capital teams to ensure seamless transactions.
• Continuously liaise with property management counterparts providing clear direction and objectives for stakeholders with diverse skills overseeing the generation and stewardship of operating budgets.
• Regularly evaluate asset performance metrics inclusive of asset plans building matrices budget-to-actual reporting and measurement of priority projects as part of organizational strategic planning and budgeting.
• Work collaboratively with investment and acquisitions team to align asset management strategy with investment objectives.
• Develop review and recommend annual budgets conduct income statements and balance sheet forecasting as required.
• Provide ongoing feedback to executive team on market dynamics and asset performance offering recommendations for budget and asset plan adjustments.
• Cultivate and strengthen relationships with industry peers within and outside of the organization establishing yourself as a recognized expert in multifamily asset management.
• Maintain accountability for property performance including revenue repairs and maintenance bad debt and other controllable expenses with the property management team.
• Directly steward property tax appeals and work with the energy and insurance and risk teams to guide non-controllable expenses.
• Provide market engagement through travel to assigned assets as needed to perform property inspections (less than 25% of time).
• We are an agile team and embracing additional responsibilities is a normal part of our culture.
• Other duties as required.

WHAT WILL YOU NEED

• 5 years of progressive experience in multifamily real estate or Asset Management.
• A comprehensive understanding of real estate cycle is required.
• University degree with concentration in finance accounting commerce engineering or related field. Holding or working towards a CFA CAIA CPM CPA or relevant professional designation is a plus.
• Strong analytical and problem-solving skills are essential.
• Proven explementary communication and presentation skills with comfort in explaining analytical details in a clear way.
• Demonstrated ability developing and sustaining cooperative working relationships.
• Ability to thrive in a fast-paced environment handling multiple demands and competing priorities while embracing new ideas and constant changes.

WHAT DO WE OFFER

• We live and breathe our core values. We go the extra mile. Were honest. We always have each others back. We have tons of integrity. And we always own it and adapt no matter the challenge.
• With the support to do things differently grow personally and professionally and bring your whole self to work theres no limit to the impact you can make.
• We provide a competitive compensation package composed of a group benefits planGRSP matching and a discretionary bonus program. In addition Avenue Living also offers an Employee Referral Program that rewards active employees for successful referrals.
• An employee centric culture with paid time off for employer supported volunteerism a generous awards and recognition program discounted monthly rent in Avenue Living Communities properties and employee and savings program savings through industry partnerships.
• We are committed to a strong safe work environment.

What makes us different makes us want Avenue Living to be a great place to work for everyone; where people feel safe included inspiredtrusted and supported so they can be and bring their to creating a respectful and inclusive workplace where unique perspectives experiences backgrounds cultures and attributes are valuedand utilizedto help achieve better results. As anorganization with operations across different geographies we celebrate the fact that our workforce is made up of people with diverse are committed to ensuring our workplace is fair equitable and free of discrimination and you require accommodation to participate fully in the recruitment process please email .

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