(Connect has handed out its third-annual Canadian Women in Real Estate Awards. This story profiles Patricia Alvaro of First National.)

By Amy Wolff Sorter

In her position as Senior Director and Team Lead with First National, Patricia Alvaro leads with clarity, resilience, and a problem-solving mindset that has earned her the respect of colleagues and clients alike. She has over 30 years in the industry, joining First National in 2009.

Her leadership was especially pivotal during the subprime crisis, where she steered mortgage operations with steadiness and foresight. Today, she continues to lead a high-performing inside sales team that consistently delivers incremental revenue year over year.

Alvaro mentors women in commercial real estate, offering guidance, encouragement, and insight that have helped countless professionals grow and thrive. Her ability to read team dynamics and foster a stable, solution-oriented environment makes her a grounding presence in any room.

Her colleagues describe her as resourceful, empathetic, and committed to excellence. She is well-loved not only for her professional acumen but for her generosity of spirit. Whether she’s solving complex financing challenges or mentoring the next generation of leaders, Alvaro brings integrity, curiosity, and heart to everything she does.

These are just some of the reasons why Connect Canada CRE honoured Patricia Alvaro with a 2025 Canadian Women in Real Estate Award. The awards celebrate the achievements and inspirational stories of women who have reached respected leadership positions and taken on mentorship roles.

With files from Amy Sorter