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Akelius

Residential property owner-operator of rentals

Residential Real Estate Operations Manager

Full-Time
No salary listed
Mid
Montreal, QC, Canada
In Person
Real EstateReal Estate Property Management

About the job

Requirements
  • Three to five years of experience in residential property management or real estate operations.
  • Practical experience managing multi-unit residential buildings.
  • Demonstrated ability to manage high volume and multiple priorities simultaneously.
  • Experience managing on-site teams and coordinating vendors.
  • Experience conducting move-in and move-out inspections.
  • Comfort using computer tools, including Microsoft Office and Yardi or an equivalent system.
  • Bilingual French and English language proficiency.
  • Availability to participate in an emergency call system.
  • Access to a car.
Responsibilities
  • Manage the daily operations of a residential portfolio, including work, maintenance, and vendors.
  • Coordinate, supervise, and support concierges, superintendents, and technicians.
  • Track and prioritize work orders and emergencies.
  • Regularly inspect buildings and units and follow up on corrective actions.
  • Maintain professional and constructive relationships with tenants.
  • Manage service contracts and external vendors.
  • Organize move-in and move-out inspections.
  • Issue required notices and documents in collaboration with internal teams.
  • Represent the company before the Tribunal administratif du logement as needed.
  • Contribute to continuous improvement of operational processes.
Desired Qualifications
  • Knowledge of landlord-tenant relations before the Tribunal administratif du logement.
  • Knowledge of building systems.

About the company

Akelius Residential Property AB owns and manages about 19,000 rental apartments in major cities across North America and Europe. It buys properties, upgrades them to a high standard and rents them out, using self-developed digital tools to run operations and improve tenant services, while adding energy-efficient improvements and preserving historical value. The company differentiates itself by upgrading existing buildings to a 'First Class' standard in desirable urban locations and by being majority-owned by the Akelius Foundation, a charitable organization, with a focus on sustainable practices and long-term value. Its goal is steady rental income and long-term value growth through concentration in North American and European markets and well-maintained urban housing.

Company Size

201-500

Company Stage

IPO

Headquarters

Stockholms kommun, Sweden

Founded

1994

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Simplify's Take

What believers are saying

  • Akelius raised EUR 335 million on 1 May 2026 to retire hybrid debt.
  • Akelius issued a EUR 550 million senior unsecured bond on 18 March 2026.
  • Akelius sold Austin assets for EUR 116 million in Q2 2026, boosting liquidity.

What critics are saying

  • Akelius posted a EUR 128 million first-half 2026 loss after EUR 196 million valuation declines.
  • North American cap rates rose to 4.94 percent, pressuring Akelius valuations and refinancing.
  • If the Akelius Foundation withdraws, the EUR 1,165 million guarantee disappears next refinancing cycle.

What makes Akelius unique

  • Akelius owns 19,000 apartments in New York, London, Paris, and Toronto.
  • Akelius July 2026 report showed 3.0% like-for-like rent growth from completed capital projects.
  • Akelius kept a EUR 1,165 million owner guarantee, supporting financing flexibility.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Disability Insurance
  • Life Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Commuter Benefits
  • Gym Membership
  • Training Programs

Company News

Cision
May 1st, 2026
Akelius raises $379M in equity to repurchase hybrid bond

Akelius Residential Property AB has raised €335 million in equity through a capital contribution from its owner, Akelius Apartments Ltd. The funds will be used to repurchase an outstanding hybrid bond worth €334.7 million, which has a first reset date in May 2026. Standard & Poor's assigns Akelius's hybrid bond 50% equity content. By adding equity well above this threshold, the Swedish property company expects to receive equity content recognition for any future hybrid capital securities it issues. The transaction was announced on 1 May 2026.

Cision
Mar 19th, 2026
Akelius issues EUR bond

Akelius Residential Property AB has issued a EUR 550 million senior unsecured bond. The issue