Vice President, Real Estate Development (Senior Living)
About the role
Sienna is a purpose driven organization, and we believe it is a privilege to serve Canada’s seniors, ensuring they live fulfilling lives with the utmost comfort, dignity and respect. We aspire to cultivate an environment and culture where team members feel valued, heard and empowered to do meaningful work. Sienna is a publicly traded company (TSX:SIA) and one of Canada’s leading owners and operators of seniors’ residences.
Reporting to the Chief Corporate Officer and Executive Vice President, we are seeking a highly engaged and strategic Vice President, Real Estate Development to lead our real estate team and initiatives and be a member of our Senior Leadership Team. This valued team member will be visionary with appropriate and substantive experience in real estate development, particularly in the senior living or healthcare sectors.
The role involves overseeing the acquisition, planning, development, and execution of new senior living projects, ensuring they align with our organization’s purpose and strategic objectives, participating in growth related due diligence activities and supporting the integrity of the existing real estate portfolio.
Key Responsibilities:
- Oversight of Sienna’s intensification and greenfield real estate project planning, design and construction.
- Lead the Planning, Design and Construction teams with experience, confidence and collaboration.
- Engage and present professionally as owners’ representative with consultant and building teams, municipalities, partners and others to develop and execute projects and related activity.
- Evaluate and identify opportunities for value enhancement within the real estate portfolio and any excess land.
- Work with all internal and external stakeholders on approved projects to ensure alignment to organizational standards and requirements.
- Evaluate potential development sites for acquisition in accordance with the company’s identified growth strategy and undertake relevant due diligence activities.
- Work with Operations and Finance teams to support the analysis and feasibility planning for project opportunities.
- Prepare, manage and deliver on project budgets and schedule milestones for delivery of projects across the lifespan of the project.
- Monitor project costs against budget and report variances to align projects to underwriting expectations.
- Continuously monitor and identify opportunities to mitigate current and anticipated project risks.
- Participate in real state due diligence as required for acquisition and expansion.
- Other duties as required focused on real estate and growth.
Education and Experience Required:
- Minimum 15 years of hands-on experience in real estate planning, development and execution.
- Experience should include high density senior housing, hotels, or multi-residential projects.
- A Degree in Business Administration, Urban Planning, Real Estate, Economics, Environmental Studies, or a related discipline is important.
- Demonstrated ability to lead, motivate, mentor, connect with, and engage team members effectively.
- Experience obtaining municipal approvals, including zoning, site plans, variances, land conveyance, and land valuation.
- Working knowledge of building codes, safety standards, and environmental regulations.
- Proven ability to conduct project feasibility assessments and due diligence, including creating project proformas.
- A proven track record in leading large-scale, multi-million-dollar real estate development projects from start to finish, particularly with a focus on regulatory compliance, delivering on time, and staying within budget.
- You should be well-versed in project management principles and practices.
- Strong written and verbal communication and presentation skills are a must.
- Possess a solid track record in developing and maintaining positive relationships with both internal and external stakeholders at all levels.
- Ability to travel as needed for the role.
_ _
Sienna Senior Living is committed to employment equity, diversity, and inclusion in the workplace. In accordance with provincial regulations, upon request, support will be provided for accommodations throughout the recruitment, selection, and assessment process.
About Sienna Senior Living
At Sienna Senior Living, our Purpose is to cultivate happiness in daily life. Our work does not stop at providing the highest quality of service and care to our residents - it goes much further. Each and every day, we strive to bring happiness into our residents’ lives by enabling our team to put their passion for their work into action and supporting families to bring joy into our homes.
Sienna is one of Canada’s largest owners and operators of senior living options, with 93 high-quality residences in key markets in Ontario, British Columbia, Alberta and Saskatchewan. We offer independent living, assisted living and memory care under our Aspira retirement brand, as well as long-term care, specialized programs and services, and expert management services. Our approximately 12,000 team members are committed to helping residents discover happiness through personalization, choice and community engagement in a comfortable, home-like setting.
Our aim is to consistently create a positive resident experience, along with a high-performing team and workplace culture that are driven by shared Values and a commitment to innovation and excellence. As leaders in the sector, we leverage technology and best practices to constantly set new benchmarks for quality. At the same time, we never lose sight of our vision— to be Canada’s most trusted and most loved senior living provider.
Vice President, Real Estate Development (Senior Living)
About the role
Sienna is a purpose driven organization, and we believe it is a privilege to serve Canada’s seniors, ensuring they live fulfilling lives with the utmost comfort, dignity and respect. We aspire to cultivate an environment and culture where team members feel valued, heard and empowered to do meaningful work. Sienna is a publicly traded company (TSX:SIA) and one of Canada’s leading owners and operators of seniors’ residences.
Reporting to the Chief Corporate Officer and Executive Vice President, we are seeking a highly engaged and strategic Vice President, Real Estate Development to lead our real estate team and initiatives and be a member of our Senior Leadership Team. This valued team member will be visionary with appropriate and substantive experience in real estate development, particularly in the senior living or healthcare sectors.
The role involves overseeing the acquisition, planning, development, and execution of new senior living projects, ensuring they align with our organization’s purpose and strategic objectives, participating in growth related due diligence activities and supporting the integrity of the existing real estate portfolio.
Key Responsibilities:
- Oversight of Sienna’s intensification and greenfield real estate project planning, design and construction.
- Lead the Planning, Design and Construction teams with experience, confidence and collaboration.
- Engage and present professionally as owners’ representative with consultant and building teams, municipalities, partners and others to develop and execute projects and related activity.
- Evaluate and identify opportunities for value enhancement within the real estate portfolio and any excess land.
- Work with all internal and external stakeholders on approved projects to ensure alignment to organizational standards and requirements.
- Evaluate potential development sites for acquisition in accordance with the company’s identified growth strategy and undertake relevant due diligence activities.
- Work with Operations and Finance teams to support the analysis and feasibility planning for project opportunities.
- Prepare, manage and deliver on project budgets and schedule milestones for delivery of projects across the lifespan of the project.
- Monitor project costs against budget and report variances to align projects to underwriting expectations.
- Continuously monitor and identify opportunities to mitigate current and anticipated project risks.
- Participate in real state due diligence as required for acquisition and expansion.
- Other duties as required focused on real estate and growth.
Education and Experience Required:
- Minimum 15 years of hands-on experience in real estate planning, development and execution.
- Experience should include high density senior housing, hotels, or multi-residential projects.
- A Degree in Business Administration, Urban Planning, Real Estate, Economics, Environmental Studies, or a related discipline is important.
- Demonstrated ability to lead, motivate, mentor, connect with, and engage team members effectively.
- Experience obtaining municipal approvals, including zoning, site plans, variances, land conveyance, and land valuation.
- Working knowledge of building codes, safety standards, and environmental regulations.
- Proven ability to conduct project feasibility assessments and due diligence, including creating project proformas.
- A proven track record in leading large-scale, multi-million-dollar real estate development projects from start to finish, particularly with a focus on regulatory compliance, delivering on time, and staying within budget.
- You should be well-versed in project management principles and practices.
- Strong written and verbal communication and presentation skills are a must.
- Possess a solid track record in developing and maintaining positive relationships with both internal and external stakeholders at all levels.
- Ability to travel as needed for the role.
_ _
Sienna Senior Living is committed to employment equity, diversity, and inclusion in the workplace. In accordance with provincial regulations, upon request, support will be provided for accommodations throughout the recruitment, selection, and assessment process.
About Sienna Senior Living
At Sienna Senior Living, our Purpose is to cultivate happiness in daily life. Our work does not stop at providing the highest quality of service and care to our residents - it goes much further. Each and every day, we strive to bring happiness into our residents’ lives by enabling our team to put their passion for their work into action and supporting families to bring joy into our homes.
Sienna is one of Canada’s largest owners and operators of senior living options, with 93 high-quality residences in key markets in Ontario, British Columbia, Alberta and Saskatchewan. We offer independent living, assisted living and memory care under our Aspira retirement brand, as well as long-term care, specialized programs and services, and expert management services. Our approximately 12,000 team members are committed to helping residents discover happiness through personalization, choice and community engagement in a comfortable, home-like setting.
Our aim is to consistently create a positive resident experience, along with a high-performing team and workplace culture that are driven by shared Values and a commitment to innovation and excellence. As leaders in the sector, we leverage technology and best practices to constantly set new benchmarks for quality. At the same time, we never lose sight of our vision— to be Canada’s most trusted and most loved senior living provider.