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Senior Vice President, Real Estate Development

2 months ago


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

We are seeking a highly experienced and strategic Senior Vice President, Real Estate Development to lead our real estate initiatives and drive the growth of our senior living portfolio. This role will oversee the planning, development, and densification of new senior living projects, as well as the overall execution and real estate acquisition due diligence.

Key Responsibilities
  • Project Navigation and Approvals
    • Responsible for navigating and achieving all project Municipal, Local or Relevant Authority approvals and oversight and delivery of all real estate project construction activities
    • Manage various consultants, directing building plans, project plans, legal documents, financial analysis and submissions in accordance with project schedules
  • Project Construction Leadership and Oversight
    • Responsible for Sienna's real estate development activities; including land sourcing & acquisition, development, redevelopment and acting as owner's rep to oversee construction manager/contractors
    • Analyze and identify options for the highest-and-best-use for current older long term care home buildings and excess land
  • Internal Growth - Existing Property Intensification
    • Develop project budgets and assumptions and manage to budget and schedule upon project execution
    • Monitor building and construction activity reporting on costs, schedule, variances and other to ensure projects are in accordance to specification, delivery expectations and ready for occupancy
  • New Development Opportunities - Sourcing, Due Diligence and Feasibility
    • Liaise 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
  • Acquisition Opportunities - Due Diligence
    • Evaluate potential development sites for land acquisition in accordance with the company's identified locations for seniors living campuses and retirement residences
    • Liaise with operations and finance to support the analysis and feasibility planning for each project
Requirements
  • At least 15 years of experience in real estate, covering areas like acquisitions and dispositions, land development, and operations
  • 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
  • Experience obtaining municipal approvals, including zoning, site plans, variances, land conveyance, and land valuation
  • Working knowledge of building codes, safety standards, and environmental regulations
  • 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
  • Well-versed in project management principles and practices
  • Strong written and verbal communication and presentation skills
  • Possess a solid track record in developing and maintaining positive relationships with both internal and external stakeholders at all levels
  • Ability to travel as needed for the role
About Us

We are a purpose-driven organization committed to creating an inclusive environment where all team members and residents feel like they belong. We seek applicants with diverse backgrounds and have a wide range of abilities. Sienna provides an accessible candidate experience.

We believe that collaboration and connection are key to our success, which is why we have an in-person office environment. We work together in the office four days a week to foster teamwork, creativity, and innovation, while also allowing for flexibility when needed.

We are committed to employment equity, diversity, and inclusion in the workplace. In accordance with provincial regulations, upon request, support will be provided for accommodations throughout the recruitment, selection, and assessment process.