Sr. Director, Development & Acquisitions

Connective

5d • CA$135,000 - CA$155,000 • Hybrid

About The Position

Connective’s Real Estate Development Department (REDD) is building a scalable development platform focused on affordable, mixed-income, and acquisition-based housing opportunities across Western Canada. REDD’s mandate is to evaluate, structure, and advance complex development and acquisition opportunities in an environment defined by layered capital stacks, constrained affordability economics, evolving government funding programs, and accelerated decision timelines. The Director, Development & Acquisitions is a senior individual contributor role designed for an experienced, analytically rigorous real estate professional who can operate with significant independence in a lean, entrepreneurial environment. This is not a traditional project management or administrative coordination role. The Director will function as an integrated development support leader responsible for feasibility analysis, project advancement, acquisitions underwriting, capital strategy support, and executive decision support across a growing portfolio. The role reports to the Chief Real Estate Development Officer (CREDO) and is intentionally broad. It is designed for a professional who is equally capable of building a pro forma, coordinating a consultant team, evaluating an acquisition, and preparing a board-level recommendation memo and who is comfortable doing all these concurrently. Over time, as REDD’s portfolio and team grow, the role is expected to evolve into a senior leadership position with team development responsibilities.

Requirements

• Degree or diploma in Real Estate, Urban Planning, Architecture, Engineering, Finance, Construction Management, Commerce, Economics, or a related field or an equivalent combination of education and demonstrated experience.
• Minimum five to eight years of progressive experience in real estate development, acquisitions, development consulting, real estate finance, urban planning, construction management, or a closely related discipline
• Demonstrated experience with development underwriting, pro forma modelling, and feasibility analysis in a professional or commercial context
• Working knowledge of entitlement and municipal approval processes in British Columbia and Western Canadian markets
• Experience with acquisitions, due diligence coordination, and evaluation of income-producing real estate assets
• Strong proficiency in Excel and financial modelling with ability to build and interrogate development pro formas independently
• Ability to interpret architectural drawings, planning policies, consultant reports, and construction budgets
• Ability to successfully complete a Criminal Records Check
• Ability to successfully pass a reference check
• Valid driver’s license and access to reliable transportation for site visits and stakeholder meetings
• Candidates must be legally authorized to work in Canada, observe their weekly hours limit if under a temporary or study visa, and provide proof of eligibility if selected for the role.

Nice To Haves

• Familiarity with affordable or mixed-income housing development, including government funding programs such as CMHC, BC Housing, and Build Canada Homes is a strong asset
• Strong written communication and presentation skills and experience preparing executive-level materials is a strong asset

Responsibilities

• Build, maintain, and analyze development and acquisition pro formas across multiple project types and stages
• Conduct sensitivity analysis across construction costs, financing assumptions, lease-up scenarios, operating costs, affordability requirements, contingency structures, and capital stack variations
• Evaluate project viability under various funding and financing scenarios, identifying opportunities to improve project economics and reduce execution risk
• Translate analytical outputs into clear strategic recommendations and decision support narratives for executive leadership and governance
• Lead the assessment and underwriting of acquisition opportunities, both development sites and existing income-producing and affordable housing assets
• Analyze acquisition opportunities through a development and operational lens, evaluating in-place revenue performance, operating expenses, capital requirements, tenant and occupancy considerations, covenant or subsidy structures, and long-term asset viability
• Conduct preliminary site and policy analysis including zoning, density potential, entitlement pathways, municipal policy considerations, servicing constraints, and regulatory risk
• Coordinate and synthesize due diligence materials including environmental reports, surveys, appraisals, title reviews, geotechnical studies, consultant reports, and construction budgets
• Identify key project risks, assumptions, and unresolved issues early in the evaluation process and prepare internal feasibility memos and project recommendation reports
• Support active development projects through entitlement, pre-development, and pre-construction phases
• Coordinate with external consultant teams and track project milestones, approvals, deliverables, and critical path items
• Support applications related to rezoning, development permits, funding submissions, grants, financing programs, and municipal approvals
• Maintain project schedules, risk registers, and decision logs, participating in consultant meetings, municipal discussions, and project coordination sessions
• Support the structuring and analysis of complex capital stacks involving CMHC financing, BC Housing, Build Canada Homes, grants, forgivable loans, patient capital, and private or institutional partners
• Prepare funding submissions and supporting analytical materials; coordinate information requests from lenders, funders, and capital partners
• Support portfolio-level financial and strategic analysis aligned to REDD’s long-term development goals
• Prepare concise executive summaries, briefing notes, presentations, and project recommendation materials for leadership and governance bodies
• Synthesize technical, financial, operational, and regulatory information into actionable insights distinguishing factual findings from assumptions and unresolved risks
• Monitor emerging trends in housing policy, municipal approvals, financing programs, modular and industrialized construction, affordability programs, and market conditions
• Contribute to organizational process improvement, standardization, and scalability within REDD, developing repeatable templates, workflows, and evaluation tools for a growing development platform

Benefits

• Competitive benefits package, including health, wellness, and pension plan
• Access to a range of staff mental health supports, including an in-house counsellor, Employee Family Assistance Program, and Critical Incidents Stress Management
• Access to On-Demand Pay to withdraw earned wages before payday

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Associate degree