ALMEGA

About ALMEGA

Almega Almega is a vertically integrated real estate firm with divisions that focus on both Asset and Property Management. Almega Asset Management is a boutique real estate asset management & development firm applying modern and innovative approaches to a historically traditional industry. Almega’s investment thesis is to develop mixed-use purpose built rental buildings in emerging markets throughout the GTA. At Almega we believe that supporting our employees is just as important as growing our business, as such we place a substantial emphasis on ensuring all our decisions and actions are driven by our core values of Trust, Respect, Equality and Compassion. Development Manager, Real Estate Investment Management The Development Manager is responsible for all aspects of residential or mixed-use development projects post acquisition; including visioning, planning approvals, overall project management leading up to sales launch and/or leasing, building permits, and registration/occupancy. The Development Manager has project level budgeting, scheduling, and financial reporting responsibilities. Responsibilities: Manages all aspects of development applications—official plan amendment, zoning by-law amendment, committee of adjustment applications, plan of condominium, etc. including upfront visioning, preparation of initial submissions, revisions to comments, finalizing any relevant agreements, clearing conditions, and registering condominiums. Effectively manages and coordinates with consultants, municipal staff, politicians, neighbours, and other external stakeholders in obtaining planning approvals that meet budget and schedule expectations while maintaining integrity within the community. Reviews and interprets various technical documents; such as planning, engineering, legal, financial, etc.to identify concerns and opportunities, while managing the consultant team in the preparation, submission, and revision of required reports, agreements, etc. Manages consultants in preparation of site and building drawings, as well as accurate statistics enabling analysis that leads to helpful design and programmatic recommendations. Manages financial pro-forma/budget updates and evaluates concept plans, product mix, and other programmatic options. Conducts qualitative and quantitative market research and prospect analysis to understand potential customers and competing offerings in the market so as to inform product offering, pricing, and demand assumptions. Reviews and tracks overall project budgets and schedules—including cash flow forecasts, variance analysis, and reporting packages etc. Manages deliverables required for loan draws and other elements of construction financing. Keeps current with political, regulatory, and market trends to inform the business of potential industry changes. Qualifications and Requirements: A university degree in a related field is required: planning, architecture, engineering, etc. OR business/finance with a real estate emphasis or subsequent development experience. A minimum five (5) years of relevant work experience within the residential real estate development industry. Advanced Microsoft Excel Skills Strong analytical skills and attention to detail Project management experience A personality that thrives in an entrepreneurial environment within a close-knit team High level of integrity and dependability with a strong sense of urgency and results-orientation We offer a competitive salary and bonus, ESOP, vacation days as well as personal time off, benefits, flexible working environment and an opportunity to grow with the company. Job Type: Full-time

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