Canderel - Associate, Investments

Summary:

We are committed to fostering an inclusive and diverse work environment where every team member is valued and empowered to contribute.

As an Associate, you will play a critical role in evaluating real estate investment opportunities across the GTA and nationally.
Your primary responsibilities will include:
• Investment Screening & Underwriting
– Analyze and underwrite potential acquisitions and development opportunities, assessing financial feasibility, market positioning, and risk adjusted returns.
• Due Diligence & Market Research
– Conduct in-depth market research, financial modeling, and risk analysis to support investment decision-making. Oversee due diligence processes to ensure comprehensive deal evaluation.
• Development Support
– Assist the Investment and Development team in active development projects by analyzing project plans, financial structures, and potential financing opportunities.
• Strategic Advisory
– Provide insights and recommendation to senior management to support investment theses and development strategies.

Success in this role requires a proactive mindset, strong analytical skills, and the ability to navigate complex real estate transactions in a fast-paced, entrepreneurial environment. By joining our team, you will help shape high-quality, inclusive communities that drive long term value and innovation in the Canadian real estate sector.

Responsibilities:
• Assist with acquisition, disposition and development underwriting and due diligence for commercial and residential properties;
• Prepare financial models and scenario analysis in both Argus and Excel to project cash flows, investment returns, and the viability of acquisitions, development and re-development projects;
• Assist in the development and management of financial models for investment management, performance tracking, scenario analysis and financing
• Building and verifying waterfalls to determine the timing and amount of profit distribution available to partners;
• Participate in the research, analysis and execution of strategic initiatives
• 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.);
• Monitor existing portfolio of existing properties and assist leasing team with relevant financial analysis on large lease transactions;
• Perform in
‐
depth industry, market and competitor research to support the investment review process;
• Prepare comprehensive underwriting packages;
• Develop strong business relationships with peers in the industry;
• Support development of asset-specific and portfolio strategic plans, buy/ recommendations and reports
• Assist in the annual budgeting process, prepare regular updates of budgets, cashflow and proforma to meet business and reporting requirements
• Update Argus and Excel models on a regular basis as part of the ownership reporting;
• Support asset management team and respond to inquiries and information needs in a timely and professional manner
• Perform analysis and valuations of investment property portfolio and coordinate the external appraisal/ valuation process
• Ad
‐
hoc reporting as required.

Qualifications & Competencies:
• Undergraduate degree in business, engineering, mathematics or similar relevant fields;
• 3+ years of real estate investments/ development/ asset management experience;
• MBA, CFA, an asset, but not required
• Excellent written and oral communication skills in English; bilingualism (English and French) is considered an asset ;
• A good understanding of real estate fundamentals (office, residential, industrial, retail and mixed-use real estate);
• Proven exceptional analytical skills;
• Accuracy and attention to detail are critical;
• Advanced Microsoft Office skills (in particular Microsoft Excel and PowerPoint);
• proficiency with Argus Enterprise software (an asset);
• Ability and desire to work in a growing midsized entrepreneurial environment;
• Exceptional presentation skills with experience presenting to executive leadership