Reports to:
Senior Vice-President, Investment and Development, Western Canada

Summary:
The Associate, Investments will be responsible for screening real estate investment opportunities in Western Canada, evaluating and underwriting potential investments, coordinating and performing due diligence, and advising senior management on investment decisions. The individual will also be responsible for conducting market research and supporting the rest of the Investment Team. The position requires someone who will thrive in a fast‐pace and entrepreneurial environment.

Responsibilities:

  • Assist with acquisition, disposition and development underwriting and due diligence for residential and mixed-use properties
  • Prepare financial models and scenario analysis in Excel to project cash flows, investment returns, and the viability of acquisitions and development projects
  • Building and verifying waterfalls to determine the timing and amount of profit distribution available to partners
  • Assist and prepare packages for Canderel’s Investment Committee and potential partners
  • Prepare financing packages for lenders
  • Review, summarize and incorporate third party analysis (i.e. engineering, cost consultants, geotechnical reports etc.)
  • Perform in‐depth industry, market and competitor research to support the investment review process (i.e. change of zoning in different municipalities)
  • Prepare comprehensive underwriting packages
  • Develop strong business relationships with peers in the industry
  • Update financial models quarterly as part of the asset management submissions

Qualifications & Competencies:

  • Undergraduate degree
  • CFA certification level’s will be considered an advantage
  • 2+ years of real estate investments/development experience
  • Excellent written communication skills
  • A good understanding of real estate fundamentals
  • Proven exceptional analytical skills
  • Accuracy and attention to detail is critical
  • Advanced Microsoft Office skills (in particular Microsoft Excel)
  • Argus experience is considered an advantage
  • Ability and desire to work in a growing midsized entrepreneurial environment
  • Exceptional presentation skills with experience presenting to executive leadership

 

Canderel is an equal opportunity employer. We believe a diverse and inclusive workforce drives innovation and makes our company stronger. We are committed to fostering a safe and positive environment that respects people’s dignity, ideas and beliefs. We are pleased to consider all qualified applicants to join our team as we continue to grow and build a strong and varied workforce reflective of today’s diverse world. Should you need accommodation during the application process, please contact Shawna Brothers, Manager, Talent Acquisition, National sbrothers@canderel.com.

Job Category: Development
Job Type: Full Time
Job Location: Vancouver

Apply for this position

Allowed Type(s): .pdf, .doc, .docx, .rtf