Director, Development / Project Management (Real Estate)

Toronto, ON
Alternative Asset Investment

Our Client

Our client is a leading full-service real estate investment firm with a proven track record for generating value and attractive risk-weighted returns. They deliver premium, relationship-focused service including investment and asset management, debt financing, and mortgage advisory while operating with integrity.  They are active in all major markets in Canada with a diverse asset mix and has a portfolio of $6 billion and a development pipeline of over $1 billion. A commitment to these values allows them to exceed the expectations of their long-term investors, partners, and clients.

Position Overview

Currently, they are seeking a Director, Development / Project Management to join their growing team. Reporting to the COO, this role is responsible to engage with project partners, with a strategic oversight focus, to ensure the effective execution of complex development and re-development projects on the national level.

This is an exciting opportunity for a seasoned development manager to drive the execution of a high-profile pipeline in a growing and well capitalized platform.

Responsibilities

  • Engage pro-actively with project partners to monitor the implementation of projects across the development pipeline, ensuring successful progress of projects from entitlement and construction through to completion.
  • Build strong working relationships with development partners and maintain the integrity and accountability of the execution of business plans.
  • Work with existing internal resources in the creation/validation and ongoing management of development proformas for projects and be accountable for project financial monitoring and progress reporting.
  • Contribute expert judgement to the process of evaluating potential development sites, including understanding of underwriting, financial metrics, and investment principles of development.
  • Monitoring and tracking of all municipal and other governmental approvals for projects.
  • Ongoing review of project progress/financial reports prepared by partners/third party development managers.
  • Prepare, review and present quarterly reporting and updated annual budgets and business plans to fund investors and clients.
  • Foster solid working relationships with third-parties, government agencies, and potential industry partners.
  • Collaborate with the Investment Management Team, clients and partners in determining a development strategy and investigating opportunities for growth and expansion.
  • Provide technical expertise/guidance to the Asset Management team to effectively evaluate complex capital projects recommended by third party managers within our advisory portfolio. Strengthen AM team’s ability to navigate pro-active asset preservation best practices.
  • Monitor political and other related policy changes in targeted Municipalities/Regions of focus to keep track of key changes that may impact the project(s) and the company’s business plan.
  • Participate as an ambassador for the company in relevant industry groups (ULI, Construction Association, etc.

Qualifications

  • Extensive (7+ years) progressive experience in property development/project management, from site identification through design and construction phases.
  • Deep knowledge of land use entitlement, planning, construction, design and project management will be considered as core competencies for this role.
  • Experience in stewarding the full cycle of high-rise residential condominium/multifamily development would be considered an asset.
  • Collaborative and team focused leader who is a strategic and critical thinker with a proven track record as a self-starter and progressive attitude.

 

 

All inquiries and applications will be held in strict confidence.
We regret that only qualified candidates will be contacted.

If you’re not interested, but know someone who is, please help a current or former colleague in their career development by referring them.

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Katie Watt

Research and Operations Specialist

Katie enjoys being part of the Research and Operations division at Thorek/Scott and Partners. Katie utilizes her skills in research, project and data management to support the recruiting efforts of the Thorek/Scott and Partners team. She enjoys working in the positive team atmosphere that Thorek/Scott and Partners offers.

After completing her Master’s in Geography at the University of Toronto, Katie worked in consulting in the environmental non-profit sector where she conducted policy analysis and delivered workshops on sustainable development. Katie continues to pursue her passions of environmental protection by volunteering with local environmental non-profit organizations.

Lisa is thrilled to be a part of the team at Thorek/Scott and Partners. Lisa’s deep background in financial services, relationship building, and customer service coupled with her background in operations and support has been instrumental to the firm’s Research and Operations division. Prior to joining Thorek/Scott and Partners, Lisa worked for over 10 years in a large Canadian Bank in front facing, client operational roles. Having worked for large organizations in the past, she is delighted to be part of a close-knit group and enjoys the upbeat office and friendly environment at Thorek/Scott and Partners.

In her free time, Lisa enjoys reading, crafting and spending time with family and friends.

Derek Young joined Thorek/Scott and Partners following a successful tenure with one of the globe’s largest recruitment firms where he specialised in consulting, legal and compliance search across a range of industries including financial & professional services. He is passionate about helping people fulfil their long-term career aspirations. Derek’s personable approach and deep knowledge allows him to develop strong relationships with both his candidates and clients.

After completing his B.Com from the University of Toronto’s Finance program, Derek began his career off as a financial advisor working for two of Canada’s largest wealth managers. These roles taught him the importance of listening to his clients and always putting their goals first. Derek has lived and traveled in Ireland, Europe and Africa. He enjoys playing and watching a variety of sports, and spending time with friends and family.

Lisa is thrilled to join the Thorek/Scott and Partners team and brings 30 years of experience in large public sector organizations. She has held multiple executive leadership positions in the education sector and as CEO was responsible for overseeing all aspects of the organization including Human Resources, Operations, Information Technology, Finance, Capital, and Leadership.

Lisa brings her insight and experience to executive recruitment. She is a highly motivated and goal-oriented professional dedicated to finding high quality talent.

Lisa has worked with multiple stakeholders within the community and at the Provincial level. She has trained senior executives on Strategic Planning and Implementation in Canada and the United States. She has taught Masters’ level courses and College programs. She has authored documents on Strategic Planning, Poverty, Succession Planning and Leadership Development.

She holds a Bachelor of Arts in Psychology, and a Master’s degree in Leadership/Administration. Lisa completed the Executive Leadership programs at Rotman School of Management and the Richard Ivey School of Business as well as earning multiple certificates at the Queens Executive Education Program.

Lisa belongs to several professional organizations including the Professional Women’s Network, Equal Voice and Elevate. In her spare time, she enjoys spending time with family, travelling, and giving back to her community.

Lauren Thorek is proud to be a member of the recruiting team at Thorek/Scott and Partners. Since joining the firm, Lauren has taken an active role in providing the highest levels of service and support to our clients and candidates.

Ethical, passionate and innovative, Lauren builds lasting relationships and strives to create solutions tailored to fit the short-term needs and long-term goals unique to different individuals and organizations. She thrives on challenge and is motivated by exceeding expectations on tough, hard to close searches.

Active in multiple sectors including Real Estate, and Investments and Financial Services, Lauren views success as being a passionate advocate for her candidates and a valued partner to her clients.

Sari Friedman is delighted to be back at Thorek/Scott and Partners. With over 25 years of real estate and finance experience and a passion for people, transitioning into the recruitment industry was a natural fit for Sari. 

She brings multiple experiences and synergetic attributes to her role at Thorek/Scott. Having worked as an equity research associate covering real estate and REITs, Sari has a strong understanding of the real estate industry. She holds a real estate license, has actively traded real estate and is a personal investor. Sari’s technical insight combined with her outstanding business acumen, strong negotiation and research skills adds tremendous value to clients and candidates. 

Sari is well known for her caring and friendly demeanour. She is passionate about helping people with an emphasis on providing an individualized human experience. She will often go above and beyond when coaching her candidates and clients throughout the recruitment process. Sari takes the time to understand the needs of her clients and candidates and creates long lasting relationships. 

Sari graduated from University of Western Ontario majoring in Economics and earned her MBA from the University of Toronto Rotman Management Program. She enjoys spending time with her family and friends, cooking, travelling and camping.

Steven is a CPA who graduated with an honours bachelors degree in business from McMaster University & from Cornell University with an Executive MBA. Before joining Thorek/Scott he spent his career in industry, building large support service teams and also taking an active role in the overall corporate recruitment functions as a VP/CFO. He prides himself as a recruiter who is transparent, a great communicator and gives honest feedback.

Steven is passionate about travelling, having visited over 130 countries, and about his Toronto Maple Leafs.

Faye Thorek is an accomplished executive search consultant with over 40 years of experience in the Canadian recruitment market. Known for her keen insight and compassionate dedication to her work, Faye envisions herself as an advocate for those with whom she conducts business. Over the years, Faye has consulted numerous companies on how to best craft their strategic vision and then taken the lead on executing that mandate. She has spoken on recruitment and search issues to a wide range of audiences.

Outside of the office, Faye is also a committed investor in people. She volunteers with Out of the Cold, Kids.now, and Bereaved Families of Ontario (BFO). She has sat on the Professional Development Steering Committee of the HRPAO. She is a former member of the Board at BFO and the North York Harvest Food Bank.

Having founded Thorek/Scott and Partners over four decades ago, Michael Thorek has been shepherding its growth ever since. Together with his wife, Michael is dedicated to building a business with humanity, innovation, and excellence at its core. A specialist in the recruitment of talent for the Financial Services Industry, Michael has currently turned his interest towards the field of Risk Management, Capital Markets and Database Marketing Analytics. A jack of many trades, Michael is also a father, inventor, scholar and scribe, who possess a keen interest in comparative religions.