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Real Estate Asset Management Specialist
3 months ago
Company Overview
Jim Pattison Developments Ltd. (JPD) operates as the real estate arm of the Jim Pattison Group of Companies, one of Canada's largest privately owned enterprises, generating annual revenues of $15 billion across diverse sectors including automotive, media, agriculture, and real estate.
JPD manages a substantial portfolio of over 300 income-producing properties across North America, encompassing more than 19 million square feet, including a significant number of grocery-anchored shopping centers. The company is actively engaged in developing new projects in Western Canada, which include multi-family residential, industrial, self-storage, and retail spaces. Recent achievements include the completion of the architecturally significant Burrard Place mixed-use development, which features Vancouver's tallest residential tower. JPD is also looking to expand its portfolio into other major urban centers across Canada.
Position Overview
As an Asset Manager reporting directly to the Vice President of Asset Management, you will oversee a portfolio of retail properties primarily situated in the BC Lower Mainland. Your role will involve collaboration with various departments, including property management, finance, development, and construction.
Your responsibilities will include:
- Comprehensive lease management, including the administration of new leases, renewals, and terminations.
- Collaboration with real estate brokers for third-party negotiations and thorough review of lease agreements.
- Strategic planning to optimize revenue and enhance property performance.
- Analysis of market trends to inform decision-making and support the development of shopping centers and facilities.
- Coordination with property management to achieve operational objectives.
- Financial oversight, including budget management, cost monitoring, and accounting tasks such as forecasting and reconciliations.
- Management of tenant relations, addressing disputes, and liaising with stakeholders, including legal advisors and consultants.
- General office administration and travel to properties within the designated region.
Candidate Profile
The ideal candidate is a proactive, collaborative, and motivated professional with a passion for advancing a career in real estate. You possess excellent communication skills and a strong understanding of business and financial principles. You are a self-starter who values continuous learning and development. JPD welcomes candidates with a minimum of 5 years of experience in real estate, including leasing, asset management, or property management, along with a relevant degree or professional designation. Strong interpersonal skills and a positive attitude towards real estate are essential.
Compensation and Benefits
In recognition of your dedication and performance, JPD offers a competitive compensation package, including a base salary ranging from $100,000 to $140,000, commensurate with experience, along with bonuses and RRSP matching. Opportunities for professional growth and development are abundant. JPD operates from modern offices with plans for potential relocation to a more central urban location in the future.
