Sr. Director, Development & Acquisitions
ConnectiveAbout the role
Connective is a dynamic non-profit organization that provides innovative programming in the social services sector. We strive to create safe, healthy, and inclusive communities for all.
ROLE PURPOSE
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.
LOCATION
Hybrid, British Columbia
STATUS AND CLASSIFICATION
Exempt. This position is open to applicants of all genders
HOURS
40 hours per week; Monday to Friday, 0830-1630
This position requires the ability to work flexible hours based on operational needs.
WHAT WE OFFER?
• Committed Living Wage Employer
• 2022, 2023 and 2025 Canadian Nonprofit Employer of Choice Award from NEOC
• 2023 High-Performance Culture Award from Supporting Lines
• Competitive benefits package, including health, wellness, and pension plan
• Career and personal development, with the ability to grow in a diverse range of programs and departments
• 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
• Connective is part of a portability program where employees moving from a CSSEA-member employer to Connective will port their service hours for vacation and wage purposes (within last 12 months)
REPORTING AND WORKING RELATIONSHIPS
• Reports and is accountable to the Chief Real Estate Development Officer (CREDO)
• Works closely with REDD leadership, Finance, and Infrastructure teams
• Coordinates with external consultants including architects, planners, engineers, quantity surveyors, environmental consultants, and legal counsel
• Liaises with municipalities, funding agencies, and capital partners including CMHC, BC Housing, and Build Canada Homes
• Supports executive leadership and governance bodies through analysis, recommendations, and project reporting
KEY ACCOUNTABILITIES
Development Feasibility and Underwriting
• 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
Acquisitions, Due Diligence and Opportunity Evaluation
• 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, s
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