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Beedie

Posted 1 month ago

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Manager, Real Estate Finance

BurnabyOn-site

AI Summary

The Manager, Real Estate Finance independently manages debt financing processes for Beedie’s real estate portfolio, including underwriting, financial analysis, preparing lender materials, negotiating deals, and supporting treasury and financial modelling.

About this role

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.

Key Responsibilities

Financings & Analysis

  • 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

    • Financial Analysis and Capital Management

  • 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

    • Qualifications

  • 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

    • Skills

    Banks And LendersCash ManagementDebt FinancingExcelFinancial ModellingLender NegotiationsMicrosoft OfficeReal Estate Finance

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