Associate, Real Estate Development (Budgeting & Financing)

About The Position

The Associate, Real Estate Development will be involved in various aspects of project development, financial analysis, estimating, and contract management. They will assist in various Development lifecycle stages such as vendor RFP issuances/compliance, feasibility analysis, business case production, development operating expense research, contract/change order coordination/tracking, new product research and working closely with senior team members to ensure project viability.

Key Responsibilities

Financial modelling and investment: Support with financial modeling and analysis to evaluate project feasibility and investment returns. This includes assisting in sourcing financing options and monitoring project budgets and cash flows to maintain financial health throughout the development lifecycle.

Estimating and cost management: Preparing and reviewing cost estimates and budgets to analyzing cost variances and implementing cost-saving strategies in collaboration with construction teams and subcontractors.

Contract management: Supporting negotiation, review, and administration of contracts with consultants, contractors, and vendors, ensuring compliance with terms, specifications, and regulatory requirements and communicating effectively with multiple team members and contribute to regular project updates and reporting to senior management.

Reporting: Support in preparation of monthly and quarterly development reporting to investors including updating current investment performance parameters, as well as supporting preparation of investment packages and recommendations for investment committee and client approval.

Job Requirements

Education and Experience:

• Bachelor’s degree in Finance, Commerce/Business, Real Estate Development or related field is required.
• 3-5 years experience in financial analysis within real estate development.
• Professional certifications such as CFA and CPA are an asset.
• Financial acumen with experience managing project budgets and financial reporting.
  
  

Qualifications

• Excellent interpersonal and communication skills, with the ability to build and maintain relationships with diverse stakeholders.
• Proficiency in Construction Management software and tools.
• Commitment to safety, quality, and sustainability in construction practices.
• Superior organizational and time management skills in order to multi-task/prioritize and work under tight timelines.
• Superior attention to detail and accuracy and excellent follow-up skills.
• Ability to work and act independently using good judgment when assessing difficult situations.
• Self-motivated individual who is proactive and takes initiative.
• Demonstrates a high degree of integrity, diplomacy, discretion and confidentiality.
• Excellent problem-solving capabilities.
• Ability to speak other languages is considered an asset.
• Actively championing diversity, equity and inclusion to create an environment of belonging.
  
  

About The Company

Hazelview Investments is an active investor, owner and manager of global real estate assets. Founded in 1999, Hazelview currently manages over $12.2 billion in total assets across two key investment strategies; direct investments in real estate and investment in publicly traded companies that own investment-grade real estate. We use our global knowledge and expertise to make insightful real estate investments and to actively create value for our team, clients, residents and tenants. We are committed to a diverse and sustainable future. We see value potential that others have missed. We bring the same philosophy to human investment that we bring to asset investment; focus on the underlying value, commit to maximizing its potential; work at it; be patient; take personal responsibility; share in the rewards. We’re driven to create value for people and places.

Vision: “We create value for people and places”.

Our Core Values

• Trust
• Ambition
• Collaboration
• Ownership Mindset
• Having Fun
  
  

Hazelview Investments is an inclusive and equal opportunity employer. If you require an accommodation to participate in any aspect of the recruitment process or to perform essential job functions, please let us know. We will work with you to accommodate your needs and in accordance with all applicable legislation. Information related to accommodation requirements will be addressed confidentially.