Vice President Finance, 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 $3B of investments since inception.
We pursue value-added and opportunistic investments, often with an element of recurring or contracted revenue that facilitate optimal capital structuring. We see these opportunities in sectors including real estate, building services, alternative energy, infrastructure and specialty finance – and we’re constantly looking for new and interesting market niches in which to invest.
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 $2Bby 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.
Forum is seeking a Vice President Finance, Real Estate (collectively “VP Finance”) to play a critical role within Forum’s growing real estate platform. The VP Finance will grow/lead Forum’s real estate finance group and be directly responsible for all financial aspects of Forum’s real estate investments directly and through the Fund. The VP Finance’s initial responsibilities will include designing and establishing a high performing finance team within Forum’s real estate platform – leveraging capabilities from Forum’s corporate platform and outsourced service providers.
The VP Finance, Real Estate will report to the Partner, Real Estate, with a dotted line accountability to Forum’s CFO.
The successful candidate will have demonstrable experience setting up a lean finance team within a broader organization, with an appreciation for how to set-up scalable business processes, leveraging technology to support a growing real estate business.
The Candidate’s scope of responsibilities will be broad, both in respect of the financial administration of real estate projects developed by Forum (“Development Assets”) and financial matters related to the Fund.