Senior Analyst, Real Estate Asset Management

About Nicola Real Estate:  

 Nicola Real Estate, the real estate division of Nicola Wealth, manages over $10 billion (as of December 31, 2025) of commercial real estate in Canada and the United States, on behalf of both private and institutional investors. The team of experienced real estate professionals manage a diverse portfolio of industrial, office, retail, multifamily, seniors housing and self-storage properties, leveraging our institutional calibre investment platform, processes and operations.   

 The continued growth of Nicola Real Estate has led to the need for a Senior Analyst, Real Estate Asset Management to join our dynamic and growing team.    

Purpose of the Role:

Reporting to the Vice President, Asset Management Leasing and Portfolio Strategy (Toronto), with a dotted line to the Director of Asset Management (Toronto), the Senior Analyst, Real Estate Asset Management will be responsible for supporting the Asset Management Team. This is a full-time, in-office role which requires a high degree of collaboration and communication amongst team members both in Toronto and in Vancouver. 

This is an on-site role based in our Toronto real estate office.   

Core 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.  
   

Required Skills & Qualifications:

• 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.  
• 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.    

Compensation & Benefits Package:

This position comes with a competitive base salary hiring range of $70,000 - $98,000, dependent on experience, skills, qualifications and internal equity. 

At Nicola Wealth, our people grow our business, delight our clients, and live our values every day. Our comprehensive compensation and benefits package reflects our appreciation for this commitment. Whether it’s participating in our profit sharing and benefit programs on day one, or the opportunity to participate in our share ownership program, our people are able to go beyond a conventional salary and bonus structure. To learn more about our complete package, visit: www.nicolawealth.com/total-rewards.

This role is a current vacancy within Nicola Wealth.