Director of Real Estate
Share
Job Location:
Monthly Salary:
Posted on:
10 hours ago
Vacancies:
1 Vacancy
Job Summary
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
- 712 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
Required Experience:
Director
Key Skills
- EAM
- Economics
- IT Business Analysis
- Information Security
- Android Development
About Company
True North Consultants: Expert Technology Recruiters specializing in recruitment solutions in software, IT, and emerging tech sectors.
