Senior Analyst, Real Estate Asset Management

Nicola Wealth • Toronto, ON

2d • CA$70,000 - CA$98,000 • Onsite

About The Position

Nicola Wealth is a national leader in wealth management, recognized as a Best Managed Company and one of Canada’s Top Employers. Nicola Real Estate, the real estate division of Nicola Wealth, manages over $10 billion of commercial real estate in Canada and the United States for private and institutional investors. The team manages a diverse portfolio of industrial, office, retail, multifamily, seniors housing and self-storage properties. The continued growth of Nicola Real Estate has led to the need for a Senior Analyst, Real Estate Asset Management to join their dynamic and growing team. The purpose of the role is to support the Asset Management Team. This is a full-time, in-office role based in Toronto, requiring a high degree of collaboration and communication amongst team members in Toronto and Vancouver.

Requirements

• 3-5 years of real estate experience in asset management, appraisal, brokerage or related sectors.
• Bachelor’s degree with an emphasis in finance, real estate or a related discipline.
• Experienced with financial modeling and discounted cash flow analysis, contributing to the preparation of major lease recommendation memos to support leasing strategy and asset management decisions.
• Sound understanding of real estate valuation methods.
• Strong computer skills with advanced knowledge of MS Excel and experience with Argus.

Nice To Haves

• Knowledge of Yardi suite of modules is an asset.
• Ability to travel within Canada and the US, plus a valid driver’s license is an asset.

Responsibilities

• Collaborate with the Valuations Manager and Finance team to oversee the full valuation cycle, including coordinating with third-party appraisers, reviewing reports, and updating internal models.
• Administer leasing software across the portfolio, including onboarding new brokers and supporting the leasing program.
• Manage insurance appraisal processes for Canadian and U.S. portfolios, providing analytical support for the property insurance program.
• Perform detailed financial analysis on property investments, including net effective rent, repositioning strategies, and hold/sell decisions.
• Provide lease administration support, including lease abstraction and ongoing management.
• Oversee IPD reporting and maintain accurate property data within Yardi.
• Monitor asset performance through review of financial reports, supporting property managers on operations, tenant relations, capital expenditures, and stakeholder management.
• Support asset management initiatives, including budgeting, business plan execution, market research, acquisitions/dispositions analysis, and mentoring junior team members.

Benefits

• Competitive base salary hiring range of $70,000 - $98,000, dependent on experience, skills, qualifications and internal equity.
• Profit sharing
• Benefit programs on day one
• Opportunity to participate in our share ownership program

What This Job Offers

• Job Type: Full-time
• Career Level: Senior