Canderel - Manager, Investments & Development

6 months ago

Montréal, Canada Canderel Full time

**Who we are**:
**Reports to**:
Director, Investments & Development

**Who we are**:
**Summary**:
We are committed to fostering an inclusive and diverse work environment. The Manager, Investments & Development will be responsible for leading the day-to-day management of a variety of development projects from planning and financial structuring (feasibility, design and entitlements) to providing support during the construction process and closeout.
Responsibilities also include screening real estate investment opportunities in Quebec and Ontario, evaluating and underwriting potential investments, coordinating, and performing due diligence, and assisting senior management with investment decisions. By joining our team, you will contribute to our mission of creating inclusive spaces where everyone feels valued and respected.

**Responsibilities**:

- Participate and lead in the design and coordination process including planning, architectural and development standards, civil engineering, traffic engineering, geotechnical, environmental and landscape design
- Evaluate project consultants and proposals, scope determination, negotiate contracts and manage the consultant procurement process
- Lead and provide direction to primary consultants, reviewing and monitoring budgets and schedules and following up on action items
- Lead and provide direction in respect to all facets of the ESG elements of the project
- Effectively control and monitor project costs using internal job cost reports
- Prepare and oversee financial models and pro-forma investment analysis for various components of development projects as required to ensure project objectives are being met
- Provide input and direction in the coordination and management of presentations and marketing collateral to support sales or leasing initiatives and actively participate in promotional activities including attending industry conferences and events
- Assist with all aspects of the development process, including modeling and evaluation, sensitivity analysis, due-diligence review, preparation of authorization memos, and closings and collaborate with internal and third-party teams to secure development mandates for residential projects
- Prepare and present investment summaries and briefs along with monthly, quarterly and ad hoc reports for active projects and ensure tracking to approved financial and timing expectations
- Maintain a strong understanding of local initiatives and trends related to development in the local market and general understanding of the regulatory environment (planning, transportation, environmental, building code, etc.) as it relates to current and potential projects
- Engage professionally with outside consultants, advisors, brokers and legal counsel and represent Canderel publicly, including participating in stakeholder meetings and relevant provincial and federal departments
- Coordinate research and assess viability of available federal or provincial grants or incentive programs that may benefit development projects
- Ensure execution of residential projects through to the end of construction and/or deliveries of condos)
- Manage and lead the construction and Development team through post construction, coordination and close out all project deficiencies
- Post construction finalize all close out documentation
- Ensure smooth transition of the project to the Property Management team
- Comply with all Company policies and procedures

**Qualifications & Competencies**:

- Bachelor’s degree required in urban planning, urban land economics or related field
- 5 or more years of relevant work experience in real estate and land development including managing the planning, design, approval and construction phases
- Experience in building design, development strategies and approval processes
- Demonstrated knowledge of land use entitlements, superior quantitative skills, established critical thinking and strong analytical ability
- Experience in and around construction sites and the ability to read, understand and coordinate consultant drawings (architectural, landscape, mechanical, electrical, etc.) is an asset
- Well versed in current ESG standards and upcoming trends
- Excellent written, verbal and presentation skills
- A team player that can work in an entrepreneurial environment, and can balance changing priorities, meeting deadlines and can take direction from multiple sources
- Ability to exercise sound judgment and an excellent problem solver
- Self-motivated and proactive with an established track record of effectively completing tasks independently
- Understanding of development entitlements, property legislation, and approval processes as they pertain to the City of Montreal and the Province of Quebec
- Demonstrated organizational and time management skills
- Strong attention to detail and adherence to standards with a track record of actively checking for accuracy

**Application Process**:
Join us in building vibrant and inclusive

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