Job Description / Duties

The Real Estate Asset Manager is responsible for providing a wide range of real estate services relating to the acquisition, development, management and disposal of land for BC Housing and the Provincial Rental Housing Corporation. The position generates creative and innovative opportunities and brings partners together to support the Provincial Government’s objective of creating social, affordable and mixed market housing, group homes and specialized facilities.


The Real Estate Asset Manager collaborates with non-profit societies, for-profit organizations, faith groups, owners of existing housing, Indigenous, federal and local governments and others to locate, secure and re-purpose available land, and is responsible for undertaking in-depth feasibility, due diligence and risk analyses to ensure that transactions (many of which are of considerable complexity and magnitude) are successful and meet project objectives. The position is also responsible for leasing, property management, real estate administration, and real estate research and analysis; for retaining and instructing brokers, lawyers and other professionals and service providers in fulfilling requirements; and for providing advice and consultation to senior BC Housing staff on all real estate matters.

Qualifications / Required Skills

EDUCATION:

•University degree in real estate management, development, valuation or financing, business administration, project management, land use planning, or a related field
•Eligibility for certification as an Accredited Appraiser, Canadian Institute (AACI) or Certified Residential Appraiser, Real Estate Institute of British Columbia (RIBC) or equivalent designation.

EXPERIENCE:
• Considerable experience relating to the transaction, development, evaluation, and/or management of real estate. Extensive experience negotiating complex issues through creativity, influence and persuasion.

Additional Information

KNOWLEDGE, SKILLS AND ABILITIES:

• Comprehensive knowledge of real estate appraisal methodology, real estate administration, real estate development, property management, risk management and construction.
•Comprehensive knowledge of real property law in a British Columbia context
•Working knowledge of the law and government policies regarding the duty to consult and accommodate Indigenous when considering the disposition of real estate assets.
•Working knowledge and understanding of BC Housing’s programs, development, financial and lending policies, specifically relating to the development and administration of real estate
•Knowledge and understanding of project management philosophies, theories and principles, including project scoping, budget development, financial management, scheduling, quality assurance and project team coordination
•Ability to coordinate planning, construction and due diligence activities within a regulatory framework for a range of projects, and balance diverse interests, risks and benefits in achieving project objectives
•Ability to analyze and solve complex and challenging issues, strategize options and make effective decisions, using a high degree of judgment and business acumen
•Ability to develop, influence and manage collaborative and mutually beneficial relationships with stakeholders/ partners
•Ability to prepare detailed and complex reports on property and development matters
•Ability to prepare, review and revise legal contracts
•Ability to handle highly confidential negotiations / related information and maintain confidences.
•Ability to use considerable tact and diplomacy in negotiations with property owners, buyers, non-profit lessees and other stakeholders.
•Effective planning, organizational and time management skills in a complex and fast-paced environment with defined timelines
•Effective negotiation, facilitation, influencing, persuasion, conflict resolution and consensus building skills
•Effective interpersonal, project leadership and team building skills
•Excellent oral and written communication and presentation skills, and the ability to communicate ideas and issues with a broad range of audiences, including industry professionals, clients, partners and stakeholders, where there may be diverging stakeholder objectives and opinions
•Advanced computer skills and knowledge of current business applications, particularly spreadsheet and project management software
•Ability to work effectively in a team environment
•Valid BC Driver’s License and access to a reliable vehicle.
•Ability to travel.

Contact Information

Please visit https://www.bchousing.org to view the job in detail and to submit an online application