Job Details
Analyst, Real Estate

About This Position

Analyst, Real Estate

Overview of Forum:

Founded in 1996, Forum is a purpose-driven Alternative Asset Manager, Investor and Developer across North America, with a focus on real estate and private equity. Forum works with its partners to achieve aggressive growth through innovation and consistent performance as a top-tier alternative asset investor. Forum oversees approximately C$1.6 billion enterprise value in assets under management and has transacted over C$3B of commercial activity since inception.

Forum is an entrepreneurial team working together towards a common goal of achieving Extraordinary OutcomesTM.  Our core strengths are our agility, creativity and social responsibility. We encourage our employees to grow by empowering them with challenging work and abundant opportunity. We have a culture that emphasizes collaboration, open communication, continuous learning, humility and integrity. We are committed to building a diverse and inclusive team that reflects the values of our firm – impact, integrity, diversity, innovation and high performance.

Forum’s real estate business is going through a transformational phase with a new Partner and team in place to take on a growing number of ground up development and adaptive reuse projects across Canada, with a target of $300 – $400M in annual pipeline.

The firm is raising its first real estate fund focused on core-plus stabilized assets in the multi-family sector.  Forum’s Fund Gross Asset Value is expected to be over $2B by year 5.  The fund will hold Forum’s pipeline of development assets once stabilized and will also acquire existing multi-family assets throughout Canada, with a focus on impact and ESG.

How to Apply

Should your skills and experience match the requirements of this position, and you wish to engage in our recruiting process, please forward your resume and cover letter to recruiting@forumequitypartners.com 

We regret that only qualified candidates will be contacted.

Key Duties and Responsibilities

  • Provide assistance and support to the Investment, Development and Asset Management teams.
  • Underwrite real estate investment opportunities (acquisitions/dispositions) and manage the due diligence process – build complex dynamic financial models, financial analysis, research, develop investment memos, pitch books.
  • Create and maintain financial models using Excel and Argus for existing portfolio and new acquisitions.
  • Periodically update underlying models for actual financial results, as well as ad-hoc scenario analyses
  • Review and analyze documents such as leases, environmental and structural reports.
  • Assist in creating and developing investment memos and recommendations to investment committee.
  • Manage the quarterly property valuation process and preparation of internal and external reports.
  • Assist in performing reviews of valuations for investments and monitoring potential financing and exit alternatives.
  • Research and analyze industry and market data.
  • Attend investment committee and executive meetings as required.

Candidate Profile

  • 2-4 years of relevant analytical experience in real estate capital markets, investment banking, direct buy-side or private equity. Strong preference for candidates that have worked in a fund environment.
  • University degree in Finance, Economics, Business/Commerce, Engineering or related discipline.
  • Advanced knowledge of Microsoft Excel and proficiency in ARGUS Enterprise.
  • Experience with the financial modeling of real estate proformas, including multi-family asset developments and acquisitions, along with complex equity waterfall structures.
  • Experience managing, analyzing and interpreting data and conducting due diligence.
  • Highly analytical, strong work ethic with high degree of professionalism and integrity.
  • Strong verbal and written communication skills.
  • Strong commercial sense developed through experience analyzing and reviewing many opportunities.
  • CFA, or CPA, CA or MBA designation is considered an asset.

When to Start

Start: As Soon As Possible