Senior Associate, Asset Management (Ontario)

Senior Associate, Asset Management (Ontario)

02 Aug
|
BGRE
|
Ontario

02 Aug

BGRE

Ontario

Location Brookfield Place - 181 Bay Street
Our Company BGRE is a premier, global real estate partner to the world’s most ambitious businesses. It operates and develops the real estate they rely on to grow with conviction across markets and sectors. The company combines global scale with deep local expertise, managing more than 260 MSF of office, logistics, hospitality, retail and living space in gateway markets around the world on behalf of Brookfield. Supported by thousands of employees worldwide, BGRE is committed to building strong partnerships, operating sustainably and creating places where people can work, live, connect and thrive. For more information, visit bgre.com.
Job Description BGRE creates the premier offices the world’s most ambitious businesses thrive in – shaped by the spirit of hospitality, operating expertise, and tenant experience needed to compete at the front. Work alongside the Asset Management team to execute on various assignments within Brookfield Properties’ Downtown Toronto Office Portfolio (+9M square feet). Assist with the development and executive execution of various regional initiatives, including leasing, property operations, financial management, strategic objectives – financings, acquisitions and dispositions, business planning, talent management and portfolio and property valuations.
RESPONSIBILITIES Office & Retail Leasing – Maximize Leasing Revenue, Velocity and Term
Capital Expenditures – Allocation & Project Execution
Strategic Initiatives – Acquisitions, Dispositions, Financings and Portfolio Strategies
Employee Development – Asset & Property Management Teams
Sustainability – Environmental, Social and Governance
Investment Return Performance – NOI & Cash Flow Enhancement
Process Improvement – Leasing, Legal, Accounting, Construction and Property Management coordination
Fiduciary Responsibility – Cash Flow, Liquidity Analysis and Financial Statement Review
Organizational Effectiveness – Innovation, Productivity and Efficiency
Oversee the preparation of IFRS Property Valuations (Argus DCF) on a quarterly basis and ensure presentation material is delivered accurately and on timely basis
Manage Internal Financial Analysts and External Appraisers in the preparation of DCF values
Lead and support the completion of all tasks related to the annual Business Plan process, including development of Master & Specific Leasing Assumptions, Rental Inflation Curves, Property Operating and Capital Expense Forecasts, Expense Recovery & Shortfall Analysis, Investment Value Generation, Debt Modelling and Accretive Asset Strategies




Ensuring timely distribution of all Business Plan and Portfolio Board deliverables
Develop working relationships with joint venture partners and co-owners and assist with the completion and coordination of the various external reporting requirements, presentations, and business plans
Active involvement in the Toronto Commercial Real Estate Industry promoting both professional development and the best interests of Brookfield Properties
QUALIFICATIONS SERVICE / PERSONAL SKILLS Thrive in a fast-paced environment and be able to balance a varied workload and tight deadlines.
Superior attention to detail, accuracy and ability to follow-up as required to meet deadlines.
Results driven, detail orientated, balanced with strong communication and interpersonal skills to influence and drive change.
Relationship management skills with respect to key stakeholders including co-owners, tenants, lenders, appraisers, consultants and the senior management/executive team.
Strong leadership skills with a focus on solution-oriented approach to addressing issues with direct oversight of property management team.
Must be a team player with exceptional work ethic and adaptability.
EXPERIENCE & TECHNICAL SKILLS 8+ years of extensive and relevant exposure to commercial office real estate.
Well-rounded understanding of commercial mixed-use office fundamentals, including office and retail leasing, DCF valuation modelling, property management, building operations, business plan development, tenant and landlord construction, capital expenditure management and value-add asset strategies.
Detail oriented.
Proven history of excelling within team dynamics.
High numerical and arithmetic aptitude with a sound understanding of NPV, IRR, DCF and TVM principles.
Strong analytical ability; able to provide meaningful conclusions and effective leadership to internal Analyst team.
Sound communication and organizational skills; able to efficiently prioritize multiple tasks.
Self-motivated and proactive, both with respect to managing workload and professional development.
Confidently able to deliver results and present to Senior Leadership under tight deadlines.
Proficient in Argus Enterprise, Yardi and Microsoft applications with Advanced Excel.




EDUCATION/DESIGNATIONS/LICENSES University degree in Business, Accounting, Finance or Economics is preferred.
Professional Financial or Commercial Real Estate designation are additionally beneficial.
Your Career @ BGRE At BGRE, your career progression is important to us. As a successful employee, you will have the opportunity to grow within your team, department, and across the Brookfield organization. Our leadership teams are dedicated to the accomplishments of their employees. We also invest time into training and developing our people.
Why BGRE? We imagine, create, and operate on a foundation of values to build a better world, together. BGRE strives to create spaces where going to work never feels routine. As a Brookfield Properties employee, you will enjoy many benefits such as 401K matching, tuition reimbursement, summer Fridays, paid maternity leave and more. There is also a generous employee referral program because we want our existing team members to help us build a more diverse workplace through their networks.
Compensation & Advantages Salary Type: Exempt
Pay Frequency: Bi-weekly
Annual Base Salary Range: $160,000-$190,000
Medical & Pharmacy Coverage: Yes, under Brookfield Medical Plan
Dental Coverage: Yes, under Brookfield Medical Plan
Vision Coverage: Yes, under Brookfield Medical Plan
Retirement: 6% RRSP
401K matching
Tuition reimbursement
Summer Fridays
Paid maternity leave
Employee referral program
Brookfield Properties is an equal opportunity employer, and we foster an inviting, inclusive and collaborative environment.
Position Opening Reason: New Position
We are proud to create a diverse environment and are proud to be an equal opportunity employer. Accordingly, we will accommodate the needs of all qualified applicants with disabilities during the recruitment and selection process in accordance with the Ontario Human Rights Code and Accessibility for Ontarians with Disabilities Act.
#BPCA
BGRE is a premier, global real estate partner to the world’s most ambitious businesses. It operates and develops the real estate they rely on to grow with conviction across markets and sectors. The company combines global scale with deep local expertise, managing more than 260 MSF of office, logistics, hospitality, retail and living space in gateway markets around the world on behalf of Brookfield. Supported by thousands of employees worldwide, BGRE is committed to building strong partnerships, operating sustainably and creating places where people can work, live, connect and thrive. For more information, visit bgre.com.

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📌 Senior Associate, Asset Management (Ontario)
🏢 BGRE
📍 Ontario

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