Manager, Real Estate Finance
Top Benefits
About the role
We are seeking a strategic and analytically minded Manager, Real Estate Financing & Capital Strategy to lead all aspects of project financing, refinancing, and capital structure optimization. This individual will be responsible for sourcing new debt (and potentially other partners) for our development projects, managing relationships with lenders and capital partners, and proactively evaluating refinancing opportunities for our stabilized assets (IPP portfolio). This role reports to the Vice President, Accounting & Finance. This is a highly visible role that plays a key part in shaping our financial growth strategy and supporting our long-term impact.
Key Responsibilities:
Financing Strategy & Execution
- Lead the end-to-end process of sourcing, structuring, and negotiating construction, land, and term financing for new development projects.
- Identify and assess refinancing opportunities across the IPP portfolio to optimize cost of capital and manage refinancing risk.
- Maintain and update a financing schedule aligned with project timelines, debt maturities, and interest rate trends.
- Build financial models to evaluate financing scenarios, covenant structures, and sensitivities
Lender & Capital Markets Management
- Manage relationships with banks, credit unions, life companies, CMHC-insured lenders, brokers and other capital providers.
- Monitor market activity and lender sentiment to inform deal strategy and timing.
- Prepare lender presentations and data rooms; coordinate due diligence and closing activities
Strategic Capital Planning
- Contribute to enterprise-level capital strategy including leverage targets, refinancing thresholds, and liquidity buffers.
- Work closely with development and asset management teams to align financing decisions with pro formas, construction budgets, and yield expectations.
- Evaluate new funding sources (e.g., impact capital, green loans, mezzanine financing) that align with our mission.
Reporting & Governance
- Deliver regular reports to the executive team on financing pipeline, debt exposure, and refinancing plans.
- Track debt covenants, risk metrics, and scenario stress tests.
Qualifications:
- 5+ years of experience in real estate finance, capital markets, or structured lending—preferably with a developer, REIT, investment firm, or commercial lender.
- Demonstrated experience negotiating real estate financing including construction, term debt, CMHC-insured loans, and refinancing strategies.
- Understanding of financial modeling, debt instruments, capital structure, and project underwriting.
- Excellent communication, negotiation, and relationship-building skills, with an established network of lender relationships across banks, credit unions, and other debt providers.
- High level of initiative, strategic thinking, and comfort operating in a fast-paced, entrepreneurial environment.
What we offer:
- Hybrid work environment with flexible working hours including home base setup package.
- Competitive compensation including base salary and bonus.
- Above market health and dental benefits package including $1,800 per year to use towards either a lifestyle spending account or a health care spending account.
- Bright, dog friendly office adjacent to large sunny park with fully stocked kitchen, extensive coffee selection and weekly lunches at the restaurant downstairs.
- And much, much more!
Accommodation Offered:
If we can offer reasonable accommodations to you in the application or interview processes, or if you have feedback on how we could improve the equity or accessibility of our recruitment, you are welcome to contact us with the subject line “Accommodation Request – Manager, Real Estate Finance”. Please note that we are unable to respond to general status inquiries or other messages that are unrelated to accessing our hiring processes.
Salary Range:
The Manager, Real Estate Finance salary range is $110,000 - $130,000 with an annual performance bonus. This role is eligible for health & dental benefits. The exact compensation offered will be dependent upon education & training, years of relevant experience, and internal equity.
About Third Space Properties Inc.
Third Space Properties Inc. (call us “Third Space”) is a triple bottom line property investment, development and management company founded with a long-term vision to help Vancouver thrive.
Space is what we do. We create spaces to live and spaces to work. We are active in commercial and residential real estate across Metro Vancouver. We like to work on different kinds of projects including condo, purpose-built rental, mixed use, office and industrial.
We measure our success a bit differently too. We don’t have one bottom line, we have three. People, Planet, Profit. This balanced approach ensures we consider our impact on the environment and all of our stakeholders in tandem with our commercial interests.
The development pipeline at Third Space is an exciting and diverse collection of upcoming projects and we are always seeking new opportunities. We also own and manage a growing portfolio of income producing properties comprised of a mix of multifamily and commercial buildings across Metro Vancouver. It is our goal to sustainably grow this portfolio over time through acquisition and development.
We are currently in growth mode at Third Space as we build our in-house accounting, finance, development and asset management teams.
Manager, Real Estate Finance
Top Benefits
About the role
We are seeking a strategic and analytically minded Manager, Real Estate Financing & Capital Strategy to lead all aspects of project financing, refinancing, and capital structure optimization. This individual will be responsible for sourcing new debt (and potentially other partners) for our development projects, managing relationships with lenders and capital partners, and proactively evaluating refinancing opportunities for our stabilized assets (IPP portfolio). This role reports to the Vice President, Accounting & Finance. This is a highly visible role that plays a key part in shaping our financial growth strategy and supporting our long-term impact.
Key Responsibilities:
Financing Strategy & Execution
- Lead the end-to-end process of sourcing, structuring, and negotiating construction, land, and term financing for new development projects.
- Identify and assess refinancing opportunities across the IPP portfolio to optimize cost of capital and manage refinancing risk.
- Maintain and update a financing schedule aligned with project timelines, debt maturities, and interest rate trends.
- Build financial models to evaluate financing scenarios, covenant structures, and sensitivities
Lender & Capital Markets Management
- Manage relationships with banks, credit unions, life companies, CMHC-insured lenders, brokers and other capital providers.
- Monitor market activity and lender sentiment to inform deal strategy and timing.
- Prepare lender presentations and data rooms; coordinate due diligence and closing activities
Strategic Capital Planning
- Contribute to enterprise-level capital strategy including leverage targets, refinancing thresholds, and liquidity buffers.
- Work closely with development and asset management teams to align financing decisions with pro formas, construction budgets, and yield expectations.
- Evaluate new funding sources (e.g., impact capital, green loans, mezzanine financing) that align with our mission.
Reporting & Governance
- Deliver regular reports to the executive team on financing pipeline, debt exposure, and refinancing plans.
- Track debt covenants, risk metrics, and scenario stress tests.
Qualifications:
- 5+ years of experience in real estate finance, capital markets, or structured lending—preferably with a developer, REIT, investment firm, or commercial lender.
- Demonstrated experience negotiating real estate financing including construction, term debt, CMHC-insured loans, and refinancing strategies.
- Understanding of financial modeling, debt instruments, capital structure, and project underwriting.
- Excellent communication, negotiation, and relationship-building skills, with an established network of lender relationships across banks, credit unions, and other debt providers.
- High level of initiative, strategic thinking, and comfort operating in a fast-paced, entrepreneurial environment.
What we offer:
- Hybrid work environment with flexible working hours including home base setup package.
- Competitive compensation including base salary and bonus.
- Above market health and dental benefits package including $1,800 per year to use towards either a lifestyle spending account or a health care spending account.
- Bright, dog friendly office adjacent to large sunny park with fully stocked kitchen, extensive coffee selection and weekly lunches at the restaurant downstairs.
- And much, much more!
Accommodation Offered:
If we can offer reasonable accommodations to you in the application or interview processes, or if you have feedback on how we could improve the equity or accessibility of our recruitment, you are welcome to contact us with the subject line “Accommodation Request – Manager, Real Estate Finance”. Please note that we are unable to respond to general status inquiries or other messages that are unrelated to accessing our hiring processes.
Salary Range:
The Manager, Real Estate Finance salary range is $110,000 - $130,000 with an annual performance bonus. This role is eligible for health & dental benefits. The exact compensation offered will be dependent upon education & training, years of relevant experience, and internal equity.
About Third Space Properties Inc.
Third Space Properties Inc. (call us “Third Space”) is a triple bottom line property investment, development and management company founded with a long-term vision to help Vancouver thrive.
Space is what we do. We create spaces to live and spaces to work. We are active in commercial and residential real estate across Metro Vancouver. We like to work on different kinds of projects including condo, purpose-built rental, mixed use, office and industrial.
We measure our success a bit differently too. We don’t have one bottom line, we have three. People, Planet, Profit. This balanced approach ensures we consider our impact on the environment and all of our stakeholders in tandem with our commercial interests.
The development pipeline at Third Space is an exciting and diverse collection of upcoming projects and we are always seeking new opportunities. We also own and manage a growing portfolio of income producing properties comprised of a mix of multifamily and commercial buildings across Metro Vancouver. It is our goal to sustainably grow this portfolio over time through acquisition and development.
We are currently in growth mode at Third Space as we build our in-house accounting, finance, development and asset management teams.