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Allied Properties Real Estate Investment Trust

Owns and operates urban coworking spaces

Manager – Portfolio Operations - Property Manager

Real Estate Property ManagementConfirmed live in the last 24 hours
Full-timeToronto, ON, CanadaIn-person

About the Job

Requirements

  • Requires 3–5 years of relevant commercial real estate industry experience across multiple disciplines, including asset management, property management, acquisitions, and leasing.
  • Requires an undergraduate degree in Business, Economics, Finance, or Real Estate.
  • Requires strong written and oral communication skills.
  • Requires people-management abilities, including a proven ability to build relationships.
  • Requires analytical and strategic thinking capabilities.
  • Requires knowledge of and experience with financial modeling and analysis, including Microsoft Excel.
  • Requires working knowledge of real estate valuations and returns.
  • Requires an understanding of building fundamentals and construction.
  • Must be able to work in a fast-paced environment and handle multiple responsibilities simultaneously.

Responsibilities

  • Coach, develop, and mentor direct and indirect team members to achieve company expectations.
  • Foster teamwork, collaboration, and unity among departments.
  • Assist with setting annual goals for individual team members.
  • Review goals and performance on an ongoing basis.
  • Provide performance feedback through department meetings, one-on-one meetings, and regular interpersonal communication.
  • Review employee engagement survey findings and implement measures to address identified opportunities.
  • Engage and manage suppliers and contractors to ensure services meet service-level agreements.
  • Conduct property inspections to review and improve asset plans and ensure quality control.
  • Liaise with internal experts and consultants on life-safety and environmental matters.
  • Oversee property administration and legal matters for the portfolio.
  • Liaise with external consultants to review and appeal property tax assessments.
  • Support building intelligence initiatives within the portfolio.
  • Collaborate with Technical Services on preventive maintenance and day-to-day facilities management.
  • Support Technical Services and Development with repositioning projects, base-building capital projects, energy retrofits, landlord's work, and tenant leasehold improvements.
  • Support the Energy Management team in executing sustainability plans to reduce energy and water consumption and carbon emissions, and maximize waste diversion to achieve corporate environmental, social, and governance targets.
  • Lead processes for third-party building certifications, where applicable.
  • Ensure compliance with national, provincial, and municipal legislation, regulations, and codes, including health and safety and environmental programs.
  • Support the Life Safety and Security team and, as appropriate, respond to after-hours emergencies by attending the site and taking necessary action.
  • Ensure compliance with management agreements as required.
  • Provide strategic portfolio and property planning, including leading the preparation of asset plans and annual property budgets.
  • Identify and prepare cash-flow analyses of value-creation opportunities within the portfolio.
  • Recommend leasing strategies, property operations, and capital improvements for each property, and support or execute them as required.
  • Support property acquisitions, development, and dispositions; participate in due diligence; oversee transitions of new assets into the portfolio; and implement underwriting plans.
  • Implement and manage portfolio risk-mitigation strategies.
  • Conduct market research to support asset plans and new investment opportunities.
  • Lead monthly interdepartmental financial reviews to ensure timely results and advancement of strategic priorities.
  • Collaborate with Technical Services, Energy Management, Life Safety and Security, Property Accounting, Leasing, and Development to execute property-specific asset plans within annual operating and capital budgets and maximize portfolio net operating income, funds from operations, adjusted funds from operations, and net asset value.
  • Manage accounts receivable to ensure timely collection of monthly rent and tenant charges, and assist with difficult accounts.
  • Provide input on appraisals of portfolio assets.
  • Forecast and monitor financial and non-financial metrics.
  • Ensure exceptional customer service delivery.
  • Build relationships with users through regular interactions and the User Engagement Program.
  • Review user surveys and implement measures to improve user satisfaction and retention.
  • Lead or support onboarding of new users.

Desired Qualifications

  • An MBA and/or graduate degree in Real Estate or Finance is an asset.
  • Industry designations are an asset.
  • Knowledge of Yardi is an asset.

About the Company

Allied Properties Real Estate Investment Trust

Owns and operates urban coworking spaces

Allied Properties Real Estate Investment Trust owns and operates distinctive urban workspaces in Canada’s major cities. Its spaces are designed for knowledge-based organizations and focus on sustainability, human wellness, creativity, connectivity, and diversity. The company acts as a long-term owner-operator of office properties, delivering well-designed, amenity-rich environments in urban locations to attract tenants. Unlike landlords who rarely manage day-to-day operations, Allied focuses on owning, developing, and actively managing high-quality workplaces. The goal is to provide productive, healthy work environments that support tenant success and generate value for investors and stakeholders.

Company size
201-500
Company stage
IPO
Headquarters
Toronto, Canada
Founded
2002

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