Manager, Real Estate Finance

Canada·BurnabyPermanent Full Timemid

OtherReal

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Overview

At Beedie, we foster talent, encourage innovation, and reward success. We’re always looking for like-minded people to join our team and share our passion for doing the best work of our lives.

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At Beedie, we foster talent, encourage innovation, and reward success.

We’re always looking for like-minded people to join our team and share our passion for doing the best work of our lives. Our approach is simple: we work hard, we have fun, and we make a difference. And, we’ve been recognized as a top employer provincially and nationally. Our people are the heart and soul of our organization. If you are passionate, hardworking, ambitious, and want to be part of a dynamic and growing company that will take your career forward, join us.

Reporting to the Senior Manager, Finance and Treasury, the Manager, Real Estate Finance will be responsible for independently managing debt financing processes from initial lender outreach through closing, across Beedie’s diverse real estate portfolio. Core financing duties include asset underwriting, financial analysis, preparation of lender materials, through to deal negotiation, documentation, and funding. The role requires a collaborative and proactive approach to effectively maintain and develop relationships with Beedie’s lending partners and internal business units. The role will also support treasury, cash management, financial modelling, and other strategic finance initiatives as required.

Manage debt financing for stabilized income-producing properties, industrial and residential development properties and land

Prepare financing packages, RFPs and lender presentations in line with the requirements and objectives of the asset, portfolio and ownership

Manage lender outreach and financing timelines

Coordinate with legal counsel on all key loan deliverables

Negotiate term sheets, commitment letters, security packages, recourse provisions and other key financing terms

Oversee loan CP’s and funding requirements

Collaborate with acquisition, construction, development, property and asset management teams to develop financing inputs and analysis to support financing and other business decisions and align with proformas, budgets and forecasts

Support due diligence process for new acquisitions by sourcing financing term sheets and aligning on financing assumptions in the acquisition proforma

Develop and maintain relationships with banks and lenders, while also serving as a liaison across internal teams for their banking and financing requirements

Support strategic finance initiatives, including financial modelling, lender reporting, portfolio analysis, and ad hoc transaction support

Develop strategies to maximize efficiencies and minimize borrowing costs, including making the most efficient usage of the various loan facilities

Recommend and implement improvements to the cash management operations

University degree in Real Estate, Finance, Commerce, or a related field

Minimum 3-5 years of relevant experience in borrower or lender side real estate finance, banking, or corporate/project finance

Lender or borrower side experience executing financings for variety of real estate assets

Strong understanding of real estate fundamentals, valuation principles, proformas, and deal underwriting

Excellent communicator — able to convey complex concepts clearly and concisely to varied audiences

Strong financial modelling with advanced Excel skills and proficiency using Microsoft Office Suite

Highly organized, results-driven, and comfortable managing multiple projects in a fast-paced environment

We value your interest in Beedie. While we can only respond to shortlisted applicants, we will keep your information on file and consider you for future opportunities as they come available.