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Vice President of Real Estate Development

2 months ago


Markham, Ontario, Canada Support Services Office Full time
About the Role

We are seeking a highly skilled and experienced Vice President, Real Estate Development to join our team at Sienna Senior Living. As a key member of our leadership team, you will be responsible for leading our real estate initiatives and driving the growth of our senior living portfolio.

Key Responsibilities
  • Lead the planning, development, and densification of new senior living projects, including land sourcing and acquisition, development, redevelopment, and acting as owner's representative to oversee construction managers/contractors.
  • Develop project budgets and assumptions, and manage to budget and schedule upon project execution, monitoring building and construction activity, reporting on costs, schedule, variances, and other factors to ensure projects are delivered in accordance with specifications, delivery expectations, and ready for occupancy.
  • Proactively seek out opportunities and mitigate risks for each project, liaising with development, construction, and Joint Venture partners on all approved development projects, focusing on the development of retirement residences and seniors' living campuses.
  • Manage internal and external stakeholders to achieve optimal design for new developments, evaluating potential development sites for land acquisition in accordance with the company's identified locations for seniors' living campuses and retirement residences.
Requirements
  • At least 15 years of experience in real estate, covering areas like acquisitions and dispositions, land development, and operations, ideally with a background in senior housing, hotels, or multi-residential projects.
  • A degree in Business Administration, Urban Planning, Real Estate, Economics, Environmental Studies, or a related discipline.
  • Demonstrated ability to lead, motivate, and engage team members effectively, with experience obtaining municipal approvals, including zoning, site plans, variances, land conveyance, and land valuation.
  • Working knowledge of building codes, safety standards, and environmental regulations, with a proven ability to conduct project feasibility assessments and due diligence, including creating project proformas.
  • A proven track record in leading large-scale, multi-million-dollar real estate development projects from start to finish, particularly with a focus on regulatory compliance, delivering on time, and staying within budget.
What We Offer

We offer a competitive, attractive compensation and benefits package, as well as a collaborative and inclusive work environment that fosters teamwork, creativity, and innovation. We are committed to creating an inclusive environment where all team members and residents feel like they belong, and we seek applicants with diverse backgrounds and abilities.