Associate, Asset Management

Dream is looking for an Associate Asset Management!

Dream is always looking for talented individuals to join our growing community. The Asset Management team is currently seeking a highly motivated Associate to support the execution of value-add strategies across the commercial Income Producing Property (IPP) portfolio held by Dream Unlimited and its related parties.

Reporting to the Director of Portfolio Management this role will play a critical part in optimizing asset performance supporting capital allocation decisions and executing business plans to enhance long-term value. The Associate will work closely with internal investment development and debt teams as well as external partners brokers and property managers.

This role is well suited for a highly analytical detail-oriented professional with a strong interest in commercial real estate and asset-level strategy.

What will you do

In this role you will:

• Support the Director of Portfolio Management in executing asset-level strategies focused on maximizing value optimizing capital structure and growing property-level NOI;
• Develop implement and actively manage asset-level business plans translating strategic objectives into executable initiatives and monitoring progress against defined financial and operational targets;
• Review deal underwriting and ongoing asset performance to identify opportunities for incremental value through leasing initiatives repositioning strategies capital improvements and expense optimization;
• Analyze asset performance relative to market conditions and recommend adjustments to business plans to achieve highest and best use;
• Assist in broker engagement and leasing strategy execution including for assets held for sale;
• Maintain and update detailed financial models including cash flow projections return forecasts and scenario and sensitivity analysis;
• Prepare asset-level cash flow models to forecast equity requirements and capital calls;
• Review actual performance versus budgets and forecasts identify variances and support corrective actions aligned with asset strategy;
• Provide underwriting assumptions operating projections and financial analysis to support financing and disposition initiatives;
• Support the valuation process for the commercial portfolio including maintaining internal valuation models and coordinating with external appraisers consultants and auditors;
• Analyze and summarize valuation changes key drivers and market assumptions for senior management;
• Prepare monthly and quarterly asset management reports for internal stakeholders partners and lenders;
• Respond to ad hoc reporting and analytical requests from executive leadership and other stakeholders;
• Support preparation of asset-level business plans budgets and performance materials for executive leadership joint venture partners and investment committees;
• Help clearly articulate risks opportunities and recommended actions using data-driven analysis;
• Coordinate with internal teams and external property managers to ensure alignment with asset strategies and performance objectives;
• Facilitate information requests and reporting requirements from partners lenders and third-party managers; and
• Work closely with Investment Development and Debt teams by providing financial inputs assumptions and strategic analysis to support acquisitions dispositions financings and development initiatives.

What type of experience should you have

We are looking for candidates with:

• 4-5 years of related experience in real estate asset management investments or financial analysis;
• A bachelors degree in business economics or real estate; MBA CFA or CPA is a plus;
• Strong technical skills with a focus on real estate underwriting/financial analysis and data manipulation using Excel;
• Strong interest in real estate with a commitment to ongoing learning;
• Strong attention to detail and ability to work independently; and
• Excellent interpersonal and communication skills both written and verbal with the ability to interact effectively across all levels of the organization.

Who Are We

Dream Unlimited is an award-winning Canadian real estate investment development and management company with approximately $28 billion of assets under management in North America and Europe. Our scope of business includes asset management and management services for both publicly listed real estate as well as private capital.

Dream has grown substantially since its formation in 1996 becoming one of Canadas leading real estate companies with a diverse workforce in North America and Europe. We are one of Canadas largest developers building communities for people to live in; developing land homes condominiums retail centers and renewable power projects. We also build communities to work in bringing office industrial and retail spaces to life. We invest in and manage properties enriching them for the people who work here and the greater community.

Our entrepreneurial spirit drives us to seize unconventional opportunities and approach every project with passion and purpose. At Dream we care about our employees provide exciting work opportunities open work environments and fun events fostering an atmosphere where continuous learning and innovation thrive. Join us and make a difference.

Total Rewards @Dream

This is a regular full-time position with a base salary range of $90000-$105000. In addition to base salary the role is eligible for a performance-based bonus and a comprehensive benefits package which includes paid vacation and personal days flexible benefits mental health resources access to perks and discounts professional development support and team-building and social events.

Compensation is determined based on several factors including relevant experience total years of experience industry experience education and professional designations. We recognize that exceptional talent doesnt always fit neatly into a bracket. Final compensation will be tailored to your specific experience skills and the unique value you bring to the table. If your qualifications exceed the scope of this role we may be open to adjusting the mandate and the salary to reflect that expertise.

We look forward to hearing from you but please note; due to the high volume of applications only candidates who qualify will be contacted. This position is for an existing vacancy.

Dream Unlimited is committed to workplace diversity and provides accommodations to applicants with disabilities throughout our hiring process. If you require accommodation through any aspect our process please let us know and we will work with you to meet your needs. Our recruitment process does not include the use of Artificial Intelligence (AI).

Required Experience:

IC