Director of Investments at Park Property Management

Markham, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

24 Aug, 26

Salary

0.0

Posted On

26 May, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Underwriting, Pro Forma Modeling, Capital Structuring, Joint Venture Analysis, Waterfall Analysis, IRR Analysis, Sensitivity Analysis, Municipal Entitlements, Market Research, Real Estate Development, Investment Memorandum Writing, Residual Land Valuation, Project Feasibility, Scenario Modeling, Executive Communication, Strategic Planning

Industry

Real Estate

Description

Established in 1975, Park Property Management Inc. (Park) consistently delivers market-affordable, well maintained rental housing that embodies both quality and value. Beyond managing properties, our dedication extends to fostering meaningful connections and cultivating a comfortable environment for our residents. Proudly influencing the real estate landscape in the Greater Toronto Area and key cities across Ontario, including Milton, Cambridge, Kitchener, Waterloo, Stratford, Tillsonburg, Guelph, and London, Park boasts a diverse portfolio of over 11,500 apartment units spanning 93 buildings. Our commitment to growth is evident through ongoing development of new purpose-built rental initiatives and strategic value-add acquisitions. As an employer, Park takes pride in fostering a workplace where expertise and passion thrive, empowering its team to contribute meaningfully to shared goals. We are guided by what is R.I.T.E. Respect, Integrity, Trust, and Excellence. We Respect each other, act with Integrity, build Trust in every interaction and strive for Excellence in everything we do. These core values create a foundation for teamwork and collaboration, both of which are essential for our success and foster a work environment where you feel good about work. Director, Investments – Markham, ON The Director, Investments reporting to the Vice President, Development and Construction, will lead financial underwriting and feasibility analysis throughout the project lifecycle and be responsible for executing the investment strategy across Park’s current and future pipeline of purpose-built rental and mixed-use development projects. The individual will work cross-functionally with Development, Construction, Marketing, and external consultants to advance projects from initial feasibility through substantial completion. What you will do: Development Underwriting & Financial Accountability * Lead full-cycle financial underwriting for new development and infill opportunities, including complex pro forma modeling, capital structuring, joint venture and waterfall analyses, promote structures, and return analysis (IRR, yield on cost, residual land value) * Run advanced scenario and sensitivity analyses across rents, cap rates, construction costs, financing assumptions, incentives, and entitlement timing * Stress test revenue, cost, and schedule assumptions to ensure investment discipline and support disciplined land pricing * Develop investment approval materials and present clear, well-supported recommendations to senior leadership and capital partners, articulating key financial, structuring, entitlement, and capital risk implications * Support the structuring and negotiation of joint venture partnerships, equity arrangements, and development financing strategies across the development pipeline * Build and scale analytical capabilities across data integration, visualization, predictive modeling, optimization, and scenario analysis Entitlements & Predevelopment Strategy * Lead land severance and related application processes in coordination with Development and external consultants, ensuring alignment with project phasing, servicing, financing, and overall strateg * Partner with Development to advance municipal approvals (OPA, ZBA, SPA, variances, permits, and related applications), aligning entitlement strategy with financial feasibility and return objectives * Optimize density, massing, unit mix, phasing, and incentives to enhance yield and mitigate risk * Coordinate with Development and external consultants (planners, architects, traffic, environmental, and civil engineers) to ensure design and regulatory strategy support underwriting assumptions * Translate planning policy, zoning, and regulatory frameworks into financial risk analysis and scenario modeling Market & Feasibility Intelligence * Validate rental rate, absorption, and revenue assumptions through market research, data analysis, and collaboration with Marketing * Monitor local residential development trends, competitive pipeline supply, policy shifts, demographic trends, and redevelopment opportunities across target markets * Identify portfolio densification, intensification, and redevelopment opportunities supported by market intelligence and financial feasibility analysis Who we’re looking for: * 10+ years of real estate development and/or development investment experience, preferably in purpose-built rental or multifamily projects * Bachelor’s degree in Finance, Real Estate, Business, Economics, Engineering, or a related field * MBA, CFA, or other relevant professional designation considered an asset * Demonstrated ability to independently build and manage complex development pro formas and financial models * Advanced knowledge in navigating Ontario municipal entitlement and development approval processes * Advanced Excel financial modeling capabilities, with strong understanding of capital structuring, joint venture economics, waterfall and promote structures, residual land valuation, and IRR-based underwriting * Strong executive communication, presentation, and investment memorandum writing skills * Ability to collaborate effectively across Development, Construction, Marketing, and external consultants What do we offer: We believe our success is powered by the talent and well-being of our employees. Our employee value proposition (EVP) supports personal and professional growth through continuous learning, a competitive salary, employer-funded benefits, and additional paid time off during the summer. We are also Respect in the Workplace certified, with a focus on health, wellness, and creating a thriving workplace. Park Property Management Inc. is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. If you require accommodation at any stage of the application process or want more information on our accommodation policies, please contact our Human Resources department.

Responsibilities

Lead financial underwriting and feasibility analysis for purpose-built rental and mixed-use development projects throughout their lifecycle. Coordinate with cross-functional teams and external consultants to advance projects from initial feasibility to completion.