Paul Watson
Development Manager @Raising The Roof
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WORK HISTORY
Development Manager @Raising The Roof
Toronto, ON, CA
Raising the Roof (RTR) is a nationally registered charity with the primary goal of delivering longterm solutions to homelessness in Canada. In response to the magnitude of today’s homelessness crisis, RTR has pivoted to focus primarily on homelessness prevention through the development and operation of affordable rental housing. Their portfolio has grown significantly since this work began in 2020 with over 400 units currently under development.Responsibilities- Lead project lifecycle for multiple residential developments: site due diligence, feasibility, financing strategies, approvals, design coordination, procurement, construction oversight and project closeout- Work on behalf of external clients: act as the charity’s lead developer and advisor for client projects; manage client relationships, align project scope with client objectives, prepare client-facing deliverables (feasibility studies, budgets, progress reports) and ensure client commitments and reporting obligations are met- Secure funding and financing: prepare grant and subsidy applications; liaise with CMHC, provincial housing agencies, municipal programs, foundations and lenders- Manage consultants and procurement: lead RFPs, select and oversee architects, engineers, planners, and contractors; ensure deliverables, timelines and budgets are met- Drive approvals and engagement: lead regulatory approvals, community consultations, public meetings and engagement processes- Oversee construction administration: monitor schedule, quality, safety, change orders and coordinate turnover to property/asset management- Financial oversight and reporting: prepare and maintain project budgets, proformas, cash-flow forecasts, risk registers, and clear reporting for senior leadership, clients and funders.
EDUCATION
Ryerson University
Urban And Regional Planning
SKILLS
ABOUT PAUL WATSON
Land Development Planning – Professional experience working with housing and development policies in the City of Toronto and across the province. Reviewed, and utilized development policies, pushing projects through complex planning approvals. Working knowledge of Official Plans, Planning Act, Places to Grow Act, etc•Site Analysis – Located, analyzed and prepared plans for development sites across the GTA. Worked within physical, legal and financial constraints to create proposals for new developments. Created rigorous implementation plans to ensure projects gets to completion on time and on budget. •Analytic/Financial Modeling skills – Completed and updated numerous real estate Pro Formas analyzing over 100 Rental Construction financial models for clients. Extensive experience with Discount Cash Flow (DCF), Net Present Value (NPV) and Internal Rate of Return (IRR)•Project Management– Supported clients though the development process from building community support to developing budgets and accessing financing all the way through to coordinating the construction and rent-up process
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