Associate, Asset Management

Overview

Dream is looking for an Associate, Asset Management. Dream is always looking for talented individuals to join our growing community. The Asset Management team is currently seeking a highly motivated Associate to support the execution of value-add strategies across the commercial Income Producing Property (IPP) portfolio held by Dream Unlimited and its related parties. Reporting to the Director of Portfolio Management, this role will play a critical part in optimizing asset performance, supporting capital allocation decisions, and executing business plans to enhance long-term value.

The Associate will work closely with internal investment, development, and debt teams, as well as external partners, brokers, and property managers. This role is well suited for a highly analytical, detail-oriented professional with a strong interest in commercial real estate and asset-level strategy.

In This Role, You Will

• Support the Director of Portfolio Management in executing asset-level strategies focused on maximizing value, optimizing capital structure, and growing property-level NOI;
• Develop, implement, and actively manage asset-level business plans, translating strategic objectives into executable initiatives and monitoring progress against defined financial and operational targets;
• Review deal underwriting and ongoing asset performance to identify opportunities for incremental value through leasing initiatives, repositioning strategies, capital improvements, and expense optimization;
• Analyze asset performance relative to market conditions and recommend adjustments to business plans to achieve highest and best use;
• Assist in broker engagement and leasing strategy execution, including for assets held for sale;
• Maintain and update detailed financial models, including cash flow projections, return forecasts, and scenario and sensitivity analysis;
• Prepare asset-level cash flow models to forecast equity requirements and capital calls;
• Review actual performance versus budgets and forecasts, identify variances, and support corrective actions aligned with asset strategy;
• Provide underwriting assumptions, operating projections, and financial analysis to support financing and disposition initiatives;
• Support the valuation process for the commercial portfolio, including maintaining internal valuation models and coordinating with external appraisers, consultants, and auditors;
• Analyze and summarize valuation changes, key drivers, and market assumptions for senior management;
• Prepare monthly and quarterly asset management reports for internal stakeholders, partners, and lenders;
• Respond to ad hoc reporting and analytical requests from executive leadership and other stakeholders;
• Support preparation of asset-level business plans, budgets, and performance materials for executive leadership, joint venture partners, and investment committees;
• Help clearly articulate risks, opportunities, and recommended actions using data-driven analysis;
• Coordinate with internal teams and external property managers to ensure alignment with asset strategies and performance objectives;
• Facilitate information requests and reporting requirements from partners, lenders, and third-party managers; and
• Work closely with Investment, Development, and Debt teams by providing financial inputs, assumptions, and strategic analysis to support acquisitions, dispositions, financings, and development initiatives.

We Are Looking For Candidates With

• 4-5 years of related experience in real estate, asset management, investments, or financial analysis;
• A bachelor’s degree in business, economics, or real estate; MBA, CFA, or CPA is a plus;
• Strong technical skills with a focus on real estate underwriting/financial analysis and data manipulation using Excel;
• Strong interest in real estate with a commitment to ongoing learning;
• Strong attention to detail and ability to work independently; and
• Excellent interpersonal and communication skills, both written and verbal, with the ability to interact effectively across all levels of the organization.

Dream Unlimited is an award-winning Canadian real estate investment,…