Investment Associate – Real Estate Development and IPP
Downtown Toronto, ON – 5 Days a Week in Office
Very Competitive Compensation Including a Solid Bonus Structure
Our client is an established and growing private equity firm with a focus on residential development in Canada and the US. They are looking for an associate in this newly created role to step in and report directly to the VP of Investments and Acquisitions. This position will be instrumental in strategically evaluating new investment opportunities, offering someone a great opportunity to assist in sourcing and structuring new investments and monitoring the existing portfolio.
Our client is probably one of the most active investment firms in the GTA Real Estate Development sector and for that reason they have faced next to no turnover. With a very collaborate and positive team culture, individuals are treated with respect and given opportunities to grow. This is a very busy transaction team. This is the type of company where you work hard and you get compensated accordingly.
The Associate will be accountable for the financial analysis and modelling for all new and existing business investment opportunities in areas such as real estate development / asset management for residential properties. As a close-knit team, this office is seeking someone with a strong work ethic desiring a long-term future with the firm.
Responsibilities:
- Underwrite new investment opportunities to acquire land and develop residential and mixed-use assets. For each investment opportunity, the Associate will be responsible for creating the pro forma, and will assist the VP in coordinating all underwriting and acquisition activities. The Associate will conduct due diligence, prepare the investment committee memo, and assist in the preparation of all necessary investor presentations, investment offering documents and legal agreements required for the capital raising arm.
- Create complex financial models for ground-up residential, mixed-use and commercial real estate development.
- Review and analyze pro formas and conduct diligence and market research as required.
- Conduct financial analysis, prepare scenarios and sensitivity analysis to inform key decisions and evaluate investment options.
- Support the VP in the preparation of financial reporting and analysis of results on a semi-annual basis.
- Assess, monitor, and provide updates on project budgets and schedules, with focus on variance analysis and cash flow forecasts, etc.
- Create real estate market intelligence / data reports on specified local markets to support due-diligence, project underwriting and monitoring.
- Gather, track, maintain, and disseminate up-to-date market data with commentary pertaining to the target real estate market with focus on residential development and multi-family by collecting and analyzing data from CoStar.
- Manage and maintain project records and data to effectively manage a large number of projects in a fast-paced environment.
Requirements:
- Strong eagerness to learn and a high degree of humility
- Must have at least 2-3 years of experience in financial analysis in real estate development, PE, investment banking, or similar
- Minimum of a bachelor’s degree in business / finance, mathematics, engineering, or related field
- Possess excellent communication (both written and verbal) and presentation skills
- Enthusiastic, energetic and self-motivated and able to collaborate openly within a team environment
If you are interested in learning more about this opportunity, please send resume to elan@winchesters.ca. Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.