Senior Asset Manager - Commercial Real Estate (Vancouver)

Senior Asset Manager - Commercial Real Estate (Vancouver)

13 Aug
|
Belkorp Industries
|
Vancouver

13 Aug

Belkorp Industries

Vancouver

Headquartered in Vancouver, British Columbia, Belkorp is a multi-generational family-owned, diversified investment company whose origins date back to the late 1940s. Built on honest, loyal, and long-standing relationships, we work collaboratively with business leaders and their management teams to achieve long-term growth and value creation. We have a proven track record of investment and operational excellence in operating businesses and property investments in both Canada and the United States.

Belkorp’s property portfolio includes industrial and multifamily real estate assets located throughout the Lower Mainland, Pacific Northwest and Southwest regions of the United States. Backed by decades of experience and a strong reputation in the real estate industry, we are committed to providing well-maintained properties, exceptional resident and tenant experiences, and outstanding customer service.

Our leadership team recognizes that to achieve our long-term goals, we must foster a culture rooted in family values: prudent risk taking, hard work, and innovative thinking, together with humility and gratefulness for the opportunities we enjoy as Canadians.

Senior Asset

Manager . This role will provide strategic input and operational oversight of our multifamily and industrial real estate portfolio. The successful candidate will report to the Vice President, Asset Management and collaborate closely with internal team members and third-party property managers across the Pacific Northwest markets.

Regular travel within the U.125,000 to $145,000 per annum commensurate with experience,



plus bonus potential and a great advantages package including company matched RRSP program.

Monday to Friday, 8:30am-5pm. Occasional evening and weekend work may be required depending on travel arrangements and role obligations.

Full-time, permanent

Lead financial review for an assigned portfolio, including the review of monthly financial statements, operational and variance reports, and forecasting and performance analysis

Monitor key portfolio performance metrics including NOI growth, occupancy, rental rate growth, operating expenses, budget variance and capital project performance.

Identify revenue growth, operating efficiencies and value-add opportunities to improve performance and long-term value of each asset

Travel regularly to Seattle and Portland to inspect properties and evaluate property operations

Lead and hold third-party property management firms accountable for operating performance, budgeting, leasing, resident satisfaction and execution of approved business plans

Evaluate and approve proposals and negotiate pricing jointly with property management firms and consultants for major capital and non-routine projects, including structural/construction projects, building envelope issues and other projects (roofing,



painting, etc.)

Oversee approved non-routine and capital upgrade projects to ensure timely delivery, budget adherence, and achievement of anticipated returns

Lead lease negotiations, renewals, and third-party service contracts, as required

Prep documentation and reporting for key project approvals, including project summaries, project updates and rate of return analyses for senior management

Assist in the business planning process by working with property management firms to prepare annual budgets, financial forecasts, capital expenditure and other financial plans

Provide input in the acquisitions process, coordinate property due diligence and assist with transition activities as needed

Provide other support to the Real Estate team by preparing various reports and analysis as required

Undergraduate degree in business, finance, economics, real estate or a related discipline is preferred

Ideally 10+ years of relevant experience in asset management with exposure to multifamily and industrial real estate in Canada and the United States

Proven ability to build and maintain strong relationships with property management companies, consultants, and key stakeholders

Demonstrated experience in financial modeling, budgeting, forecasting, and business analysis

Experience with construction project management, managing insurance claims and lease negotiations

Advanced Excel, Word and PowerPoint skills are required

Must hold a valid passport and be eligible to travel to the United States #

📌 Senior Asset Manager - Commercial Real Estate (Vancouver)
🏢 Belkorp Industries
📍 Vancouver

Reply to this offer

Impress this employer describing Your skills and abilities, fill out the form below and leave Your personal touch in the presentation letter.

Subscribe to this job alert:

Get the latest job offers by email for: senior asset manager - commercial real estate (vancouver) / vancouver

Subscribe to this job alert:

Get the latest job offers by email for: senior asset manager - commercial real estate (vancouver) / vancouver