ALI MIRZA CHA
Chestermere,Canada
Summary
Dynamic Property Management Consultant with a proven track record at Borealis Development Inc., enhancing NOI through strategic budgeting and stakeholder relationship management. Expert in Yardi and P&L analysis, I drive operational excellence and compliance, achieving significant occupancy improvements and cost reductions while fostering high-performance teams.
Overview
18
18
years of professional experience
Work History
Property Management Consultant
Borealis Development Inc.
11.2025 - Current
- Led portfolio and operational reviews, identifying risk in leasing, cost leakage, and efficiency gains
- Advised owners on portfolio optimization, compliance, and operational performance to enhance asset value
- Facilitated budget planning, cost controls, and vendor optimization to maximize NOI and operating margins
- Provided strategic guidance on RTA compliance, tenant risk, arrears and dispute resolution
- Established standardized policies and SOPs aligned with legislation and best practices
Regional Manager
Northview REIT
02.2024 - 10.2025
- Led annual business plans for 833 multifamily and mixed-use assets in Calgary, Airdrie & Jasper, delivering 3% NOI growth through disciplined budgeting, rent optimization, and capital prioritization
- Managed operating and capital budgets of $33M+, collaborating with accounting on financial reporting, variance analysis, rent collections, and cash controls to ensure fiscal integrity and operational efficiency.
- Partnered with Leasing to drive stabilized occupancy of 95–98%, reducing vacancy loss by 15–25% through market-driven pricing, incentives, and absorption strategies
- Collaborated with Development and Construction teams on $3M–$4M+ in capital improvements and tenant enhancements, ensuring projects aligned with long-term asset strategy, brand standards, and return thresholds
- Implemented revenue-enhancement and cost-containment initiatives that increased effective rents by 3% while reducing controllable operating expenses by 8%
- Conducted regular site inspections across Alberta portfolios, improving unit readiness timelines by 16% and strengthening curb appeal and brand presentation.
- Reviewed and negotiated residential and commercial leases with legal counsel, optimizing lease structures and recoveries to enhance long-term asset value.
Director
Salwa Hospitality Inc.
05.2015 - 02.2024
- Drove portfolio performance through rent optimization, budgeting, and expense control, consistently improving NOI and occupancy levels
- Led leasing strategy, tenant screening, and lease administration, reducing vacancy loss and enhancing tenant retention
- Managed operating and capital budgets, coordinating repairs, renovations, and preventative maintenance programs to maximize asset value
- Supervised internal teams and third-party service providers, establishing performance standards and KPIs to ensure service-level compliance
- Ensured compliance with provincial residential tenancy legislation, policies, and procedures while minimizing disputes and risk exposure
- Leveraged property management systems (e.g., Yardi, Property Vista) to streamline reporting, financial tracking, and operational workflows
- Oversaw day-to-day operations of residential rental portfolios, ensuring high standards in leasing, maintenance, tenant relations, and regulatory compliance
Regional Manager
Northview REIT
01.2008 - 05.2015
- Directly oversee portfolio of assets including 3 hotels, Hotel Arctic (full service with restaurant & bar, three conference rooms of 2400 sq ft.), Capital Suites (extended stay all suites hotel), the Navigator Inn (limited service) and multiple staff housing
- Prepared, presented, and achieved the hotels’ annual and quarterly operating budget, marketing and sales plan, and capital budget.
- Draft, review and negotiate federal government and private contracts for long term stay
- Determine and formulate policies for company’s hotel portfolio and assist to provide overall direction
- Effectively manage the human resources of the corporation to meet the needs of the organization including career development, department policies, procedures and standards
- Reviewed company performance reports and created individual property and regional reports for vice president of operations
- Developed and oversaw renovation project for all suites extended stay hotel with budget exceeding half a million dollars
- Develop and manage a 5-year strategic plan for hotels
- Strengthened quality performance levels, elevating online property ratings from #9 to top 3 in the area
Education
Certified Hotel Administrator (CHA) -
American Hotel & Lodging Institute
Miami, FL11.2009
MBA -
International Hotel & Tourism College
Switzerland12.2000
Skills
- YARDI
- Property Vista
- Account reconciliation
- Auditing
- Budgeting
- P&L analysis
- Financial forecasting
- MS Office Suite
- Negotiation
- Stakeholder relationship management
- Leadership
References
Available upon request
Timeline
Property Management Consultant
Borealis Development Inc.
11.2025 - Current
Regional Manager
Northview REIT
02.2024 - 10.2025
Director
Salwa Hospitality Inc.
05.2015 - 02.2024
Regional Manager
Northview REIT
01.2008 - 05.2015
Certified Hotel Administrator (CHA) -
American Hotel & Lodging Institute
MBA -
International Hotel & Tourism College