Chief Real Estate Officer, Asset Management and Strategy
4 weeks ago
Investment Management Corporation of Ontario (IMCO) is seeking a highly skilled and experienced Managing Director, Asset Management to join our Real Estate team.
About the Role
The Managing Director, Asset Management will be responsible for contributing to the management of IMCO's $10 Billion Real Estate portfolio. This includes active asset management within IMCO's Canadian direct real estate portfolio to drive value in accordance with IMCO's real estate strategy.
Key Responsibilities
- Participating in the development and execution of IMCO's Real Estate portfolio strategy, with a focus on active asset management.
- Leading property management initiatives, capital and leasing management, financial analysis, and preparation of relevant materials to support asset management.
- Working with the real estate team to identify and develop recommendations for acquisitions, development, and dispositions.
- Underwriting value-add strategies for the real estate portfolio, including due diligence review, market analysis, and cash flow modeling.
Requirements
- Minimum 15 years of experience in the real estate investment industry.
- Undergraduate degree in Finance, Business, or a related field.
- Extensive knowledge of the Canadian real estate market and hands-on asset management experience.
- Experience implementing investment strategies, managing capital budgets, and identifying value creation opportunities.
- Understanding of real estate risk management principles and practices.
- Demonstrated leadership and ability to manage and mentor a high-performing team.
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