Toronto, Ontario
Salary Estimate: Confidential
Employment Type: Full Time
Work Place: Office
Experience Required: 5+ to 7 years
Education Required: Graduate Degree
Job Description
Forum Asset Management – Development Manager, Real Estate Development
Location: Toronto
181 Bay Street
Brookfield Place, East Podium, 2nd Floor
Toronto, Ontario
M5S2P3
Overview of Forum:
Join us in delivering Extraordinary Outcomes™ through investment.
Forum is a leading investor, developer and asset manager operating across North America for 25 years. Our core purpose is to deliver Extraordinary Outcomes™ to our stakeholders. Forum is proud to have delivered in the top tier of alternative asset returns since 2002, while positively impacting over 10,600 lives. Our investment strategy is focused on infrastructure, private equity and real estate. The enterprise value of our assets under management currently exceeds $1.7 billion and our projects attract top-tier investors.
We invite you to join us as we continue to grow and build something great together. The Forum team is adaptable, agile and dynamic and we’re committed to sustainable and responsible investing. Our people represent a diverse mix of cultural backgrounds and professional experiences, bringing together unique perspectives and skill sets that deliver growth to our stakeholders through innovation and thought leadership. Our cultural values uphold integrity, trust and transparency above all else. We know that in order to achieve Extraordinary Outcomes, we need to grow and support an Extraordinary team. If this sounds like something you align with, we want to meet you.
Position Overview:
Forum is seeking a Development Manager, Real Estate Development to play an impactful role within Forum’s largest and growing platform – it’s real estate business. With its focus on owning and developing (i) High turnover rental housing such as purpose built student accommodations and micro-units (ii) Self-storage facilities and (iii) Commercial assets secured by credit tenant leases — Forum’s real estate business is poised for growth notwithstanding the challenging macro environment.
Reporting to the Managing Director, Real Estate Development the Development Manager, Real Estate Development will oversee multiple real estate projects simultaneously, develop and oversee consultant, and maintain relationships with key stakeholders. Responsibilities include obtaining necessary approvals and permits, managing project budgets and schedules, and ensuring projects are completed on time and within budget. The role requires close collaboration with the Project Management, Investment, Leasing, Operations, and ESG teams to ensure seamless transitions through various phases of development and occupancy. Additionally, the position involves overseeing all internal and external reporting and serving as a technical contact throughout the project's realization phase.
Key Duties and Responsibilities
- Responsible for overseeing multiple real estate projects, as many as four projects at a time, as well as assisting in due diligence (DD) and pursuit projects.
- Manage and coordinate a team of multi-disciplinary consultants.
- Maintain relationships with key stakeholders such as City staff and commenting agencies.
- Responsible for obtaining the necessary approvals and permits while achieving the design and strategy set by the MP and MD.
- Review and comment on proposals and legal agreements.
- Responsible for managing project budgets and schedules with the Senior Analyst, Real Estate Development, to ensure the development is completed on time and within budget.
- Represent the company in public meetings, community engagement, any other forums.
- Liaise and work with the Project Management team to ensure seamless transition into construction and continue to provide support.
- Work with the Investment Team to ensure all pertinent information is provided.
- Liaise and work with the Leasing and Operations team to ensure a seamless occupancy and while meeting lease-up objectives.
- Overseeing all internal and external reporting.
- Technical contact for the investment team, asset management and users throughout the entire realization phase.
- Assist and implement with the ESG team with continued initiatives.
- Ensuring accurate and timely reporting.
- Stay informed about industry trends, market conditions, and regulatory changes that may impact current and future projects.
Candidate Profile
- 5+ years of active development experience in a developer and entitlement capacity.
- Undergraduate in real estate, planning, land development or equivalent.
- Experience in various asset classes is considered an asset.
- Excellent budgeting and scheduling skills
- Proficiency in MS Word, Excel, PowerPoint, and Project.
- High sense of urgency, with a demonstrated ability to execute on multiple competing priorities in a fast paced + high volume environment.
- Exceptional ability to build relationships, influence, and engage with diverse internal and external groups.
- Demonstrated capability to work independently while ensuring accuracy, efficiency, and high-quality deliverables.
- Strong problem-solving skills, along with excellent communication and organizational abilities.
- Essential experience in navigating political systems, with a deep understanding of development approvals, planning processes, and a robust background in real estate development.
Should your skills and experience match the requirements of this position, and you wish to engage in our recruiting process, please forward your resume and cover letter to recruiting@forumam.com.
At Forum, we encourage diversity. We are committed to an inclusive workplace that reflects our belief that diversity is central to building a high-performing team. Forum is an equal-opportunity employer. We are committed to providing accessible employment practices. Should you require an accommodation during any phase of the recruitment process, please let the recruitment team know.
Related Jobs
Irvine, CA
Post Date: 08/16/2024
Expires: 09/30/2024
You have successfully applied for this role!
You can view the status of your application from your dashboard.
