Director, Real Estate Asset Management

Thorek/Scott and Partners (TSP) has been connecting accomplished organizations with talented individuals for almost four decades. At TSP, our track record of successfully completing challenging searches across the professional spectrum has earned us an exceptional reputation at the forefront of the recruitment industry. Our Canadian and International clients include: global banks and non-bank financial institutions, private equity and investment funds, professional service firms, and entrepreneurial businesses in a variety of industries.

We value the human connection and distinguish ourselves through an unwavering dedication to understanding the goals and motivations of our clients and candidates alike.

Our Client is a leading alternative real estate asset manager with a robust development pipeline and a significant operating portfolio of multi‑unit residential and other alternative asset classes. Currently experiencing sustained growth and the absorption of new operating portfolios, the firm is seeking a Director/Manager to join its asset management team. This individual will oversee the execution of asset‑level business plans and portfolio initiatives across their diversified national platform.

This role is responsible for maximizing asset value by actively overseeing revenue strategy, operating performance, capital planning, ESG execution, valuations, and cross‑functional coordination.

The ideal candidate brings institutional real estate experience with strong financial acumen and a proven ability to translate strategy into execution across operations, investments, and finance. This is an attractive opportunity to step into a highly visible role with meaningful ownership of asset performance, exposure to senior decision‑makers, and the chance to help shape a growing real estate platform while working on complex, impactful investments.

• Own the business plan and overall financial performance (NOI, cash flow, budget delivery) for assigned real estate assets, translating fund strategy into executable asset‑level plans and measurable outcomes.
• Lead annual budgeting and in‑year forecasting/reforecasting, including variance analysis, corrective action plans, and clear performance reporting to senior leadership.
• Drive revenue strategy (pricing, yield/demand analysis, product mix) in partnership with operations/leasing to maximize occupancy, rental rates, and revenue quality across the portfolio.
• Oversee operating expenses and major spend decisions, identifying cost optimization opportunities without compromising resident/tenant experience or asset standards; review/approve key operating and capital expenditures.
• Manage property manager and operating partner performance, setting targets, monitoring KPIs, and ensuring consistent execution of approved initiatives and service standards.
• Build and maintain multi‑year capital plans (including ESG initiatives), prioritize projects, and execute approved capital allocation decisions with tight control of scope, timing, and ROI/impact tracking.
• Lead execution of asset‑level ESG initiatives, integrate ESG into capital planning and underwriting, coordinate external consultants, and track ESG performance metrics and reporting requirements.
• Lead commercial and ancillary leasing initiatives (where applicable), underwriting lease economics, coordinating brokers/legal/ops, and tracking leasing results against underwriting assumptions.
• Support quarterly/annual valuation and appraisal processes; maintain and defend key assumptions/models (Excel/Argus), prepare materials for governance, fund reporting, and audit requirements.
• Partner with Investments on acquisitions, dispositions, recapitalizations, and portfolio rebalancing—providing underwriting support, scenario analysis, and Investment Committee‑ready materials grounded in operating realities.
• Develop performance dashboards and decision tools (e.g., Power BI/portfolio reporting) that surface drivers, risks, sensitivities, and execution progress for senior review.
• Serve as the central cross‑functional “execution quarterback” across Asset Management, Operations, Finance, and…