Realstar is a fully integrated management firm providing a full range of investment and property management services for the last 50 years. It is one of Canada’s largest multi-residential asset managers on behalf of institutional and private investors. It manages over 22,000 rental apartments in six provinces with an asset value of more than $5 billion. Realstar is headquartered in Toronto, and is part of Realstar Group which has over $9 billion of multi-family, hospitality and alternative real estate assets under management in Canada. www.realstar.ca/ www.realstargroup.com/
Manager, Asset Management
The Opportunity
We are seeking a Manager, Asset Management to join our team. Reporting to the VP, Asset Management, this individual will be a key contributor to the performance of our multi-residential portfolio - translating strategy into operational and financial results at the asset level. This is a hands-on role suited to someone with a strong financial background who is eager to develop deep asset management expertise in the residential real estate sector.
What You'll Do
- Monitor and manage the financial performance of an assigned portfolio of multi-residential assets, with a focus on maximizing net operating income (NOI) and overall asset value
- Prepare, review, and track annual operating and capital budgets; conduct period-end variance analysis and produce management reporting
- Develop and maintain asset-level business plans, including leasing, capital expenditure, and value-creation strategies
- Partner with property management teams to support day-to-day operations and hold teams accountable to performance targets
- Conduct regular property-level reviews, including site visits and operational assessments
- Support the preparation of investment committee materials, investor reporting, and ad hoc analysis as required
- Track market trends, rental rate benchmarks, and comparable transactions to inform asset strategy
- Leverage technology tools - including Yardi and AI-enabled platforms - to improve reporting efficiency and analytical capabilities
- Liaise with third-party clients to provide asset insights and reporting
What You Bring
- 5+ years of experience in a financial capacity, does not need to be specifically in Asset Management
- University degree in Finance, Business, Real Estate, Commerce, or a related discipline
- Real estate experience in multi-residential and/or commercial sectors preferred
- Strong financial modelling and analytical skills; advanced proficiency in Excel required
- Avid learner comfortable with exploring new technologies; familiarity with Yardi, SQL, BI tools, and AI productivity tools an asset
- Clear and confident communicator, with the ability to present findings to senior leadership
- Highly organized, detail-oriented, and comfortable managing multiple priorities under deadline
- Collaborative mindset with a proactive, ownership-oriented approach to work
What we offer to employees
- Base compensation is $110,000-145,000
- Employer paid benefits
- Annual bonuses based on personal performance
- Extensive and ongoing training programs and a work-smart environment
- Gym membership discount
- Awards for years of service
- Opportunity for career development
- Inclusive and diverse work environment
- Annual holiday parties
This posting is for an existing vacant position within the organization.
#RS
We thank all those who apply, but only those selected for an interview will be contacted.
Realstar is committed to reflecting the diverse communities we serve. We encourage applications from our diverse communities, including Indigenous Peoples, persons with disabilities, women, visible minorities, LGBTQ+ persons and those who are able to speak fluently in a language(s) other than English.
Realstar supports equal opportunity initiatives. Accommodation will be provided in all stages of the hiring process. Contact us for any accommodation requests, and we will work with you to meet your needs.
