About the Role
This role supports a development initiative for the Weston family, partnering with Wittington Investments Limited. You will collaborate with internal teams and development partners to enable data-driven decision-making throughout the development lifecycle. The position involves evaluating project performance, informing capital allocation, and shaping developments for long-term value and thriving communities. It is a hands-on, fast-paced role for a self-driven professional adept at managing multiple projects, translating complex analysis into clear insights, and problem-solving collaboratively. This role offers exposure to large-scale developments, senior leadership, and strategic planning, providing opportunities for career growth in real estate development.
Responsibilities
- Underwrite and maintain dynamic development proforma and cash flow models for single and multi-phase projects.
- Critically evaluate proforma assumptions and conduct market research.
- Prepare financial analysis, development scenarios, and sensitivity analysis.
- Evaluate market conditions to identify opportunities for maximizing returns or mitigating risks.
- Monitor project performance by tracking financial performance, schedules, and construction progress.
- Assist with preparing business plan presentations and ad hoc tasks.
- Perform budget-to-actual variance analysis and understand project financials.
- Build relationships across project teams to understand all projects within the masterplan.
- Assist in preparing Monthly and Quarterly reporting materials for leadership and ownership.
Requirements
- 5+ years of relevant real estate investment or development experience within a development firm or financial institution.
- Post-secondary education in real estate, business, finance, economics, or a related field.
- Strong, in-depth understanding of the full development lifecycle.
- Proven experience operating and thriving in a fast-paced, dynamic environment.
- Critical and strategic thinker with creative problem-solving skills.
- Excellent communication and interpersonal skills, with the ability to build and maintain strong relationships.
- Ability to work independently and collaboratively to deliver results.
- Familiarity with the latest AI tools is considered a strong asset.
- An MBA or a professional designation (e.g., CFA, CPA, AACI) is considered a strong asset.
- Exhibits Choice Properties’ CORE values and Blue Culture.
Skills
- Financial analysis
- Market research
- Development proforma modeling
- Cash flow modeling
- Sensitivity analysis
- Risk mitigation
- Project monitoring
- Business plan presentation
- Budget-to-actual variance analysis
- Relationship building
- Reporting
- AI tools familiarity (asset)
- MBA or professional designation (asset)
Location
- 22 St. Clair Avenue East, Toronto, Ontario, M4T 2S5
Work Type
- 5 days in office
- Full-time
Experience Level
- Manager
Education Level
- Post-secondary education in real estate, business, finance, economics, or related field
- MBA or professional designation (asset)
Salary/Compensations
- $89,460.00 - $123,007.50 per year
About the Company
- Choice Properties Real Estate Investment Trust is a leading diversified Real Estate Investment Trust in Canada, owning, managing, and developing retail and commercial real estate. Their portfolio includes approximately 65 million square feet across over 700 properties, primarily supermarket-anchored shopping centers. Their strategy focuses on enhancing value through transactions, strategic development, and active property management, with a focus on necessity-based retail, industrial, and mixed-use assets. They have a strategic relationship with Loblaw, their largest tenant, providing access to investment opportunities. Their established operating platform supports a development pipeline for long-term value creation and growth. Continuous learning and development are integral to their culture.
- Wittington Investments, Limited is a private Canadian company and the holding company for the Weston group of companies, including George Weston Limited, Loblaw Companies Limited, and Choice Properties REIT.
Equal Opportunity
- Choice Properties REIT recognizes Canada's diversity as a source of national pride and strength and prioritizes reflecting this diversity in hiring and organizational culture.
- Accommodation is available upon request for applicants and employees with disabilities.
- Compliance with laws is a priority and is part of their Code of Conduct.
