Associate, Investments and Asset Management

Forum Asset Management Associate Investments and Asset Management

Location:In-Office 181 Bay Street Toronto

Work Schedule:Full-time in-office (5 days/week)

About Forum:

Delivering Extraordinary Outcomes through Investment.

Forum Asset Management is a North American investor developer and asset manager with a 30 year track record of delivering long-term value through real estate private equity and infrastructure investments. We are a purpose-driven firm committed to sustainability responsible investing and making a positive impact in the communities where we invest.

With over $4 billion in AUM Forum is one of Canadas most dynamic investment 2024 we completed the countrys largest real estate transaction through our acquisition of Alignvest Student Housing making us the largest owner and developer of Purpose-Built Student Accommodations (PBSA) in Canada. Our open-ended Real Estate Income and Impact Fund (REIIF) is now over $2.9 billion backed by a $4.0 billion development pipeline that spans coast to coast.

Forum is also building one of the fastest-growing self-storage platforms in Canada focused on acquiring developing and operating institutional-grade storage facilities in undersupplied urban markets.

Forum is a values-led high-performance organization. We embrace agility and innovation and we strive to foster a team culture grounded in integrity collaboration humility and results. Our growth is fueled by our ability to identify structural real estate themes and deliver strategies that balance income impact and long-term value creation.

Position Overview:

Forum Asset Management is seeking an Associate Investments and Asset Management to support the underwriting due diligence and execution of new real estate investments across REIIF Forums development pipeline and self-storage platform reporting to the VP Real Estate Investments & Acquisitions. Based in our Toronto office this role will be a key member of the Real Estate Investments team and will contribute to driving investment performance and disciplined growth across multiple real estate asset classes.

This is a hands-on role for an investment professional who has a strong foundation in real estate investing. Working alongside senior team members you will build financial models manage a due diligence process prepare investment committee materials and support closing on opportunities across the risk spectrum from core to opportunistic strategies. This role will focus on multiple alternative real estate asset classes across Canada with an emphasis on Ontario and including self-storage student-housing seniors housing and MHC. You will work closely with the development asset management capital markets and finance teams and contribute to the analysis that informs senior leaderships investment decisions.

Key Duties and Responsibilities:

Acquisitions Underwriting & Execution

• Support the underwriting of acquisitions developments recapitalizations and portfolio transactions from initial screening through closing.
• Build and maintain financial models including discounted cash flow valuation development proformas equity waterfalls and sensitivity and scenario analyses.
• Evaluate on-campus PBSA opportunities including market sizing enrolment and demand analysis competitive set review and operating assumptions.
• Help coordinate due diligence with internal teams and external advisors including brokers lenders appraisers legal counsel and consultants and track closing deliverables.
• Coordinate the capital stack for new investments and support loan closings liaising with lenders and appraisers and working across internal teams to meet financing timelines.
• Help prepare investment committee memoranda and presentations for internal approvals and senior leadership review.

Development & Market Analysis

• Support the assessment of development feasibility and investment economics including approval and construction timelines soft and hard cost assumptions and key milestones.
• Maintain active development project proformas including updating actuals revising forecasts and performing variance and scenario analyses.
• Conduct comparable and market research on sales and lease rates cap rates construction costs and policy changes at all levels of government to support investment theses.

Portfolio Financings & Reporting

• Support asset-level and portfolio-level analysis across REIIF including budgeting forecasting hold-sell analysis and tracking of leasing occupancy NOI and capital expenditure.
• Support debt and equity financing processes by preparing lender materials financing presentations and investment pitchbooks and analyzing financing alternatives.
• Prepare and review valuations quarterly and monthly reporting and investor materials with a focus on accuracy and turnaround at quarter end.

Team & Collaboration

• Review financial documents and models for accuracy and support smooth project handoffs.
• Work alongside analysts and share best practices helping maintain a high bar for accuracy and speed.
• Work across investments development asset management capital markets and finance to gather key inputs that support investment decisions.

Candidate Profile:

• Bachelors degree in Finance Real Estate Economics Commerce or a related discipline. Progress toward the CFA designation is considered an asset.
• 2-4 years of experience in real estate acquisitions investments or development or in investment banking valuation lending or private equity with real estate exposure.
• Strong financial modelling skills in Excel including discounted cash flow development proformas and scenario analysis.
• Familiarity with equity waterfalls and joint venture structures.
• Exposure to the development approval and construction process including key milestones and cost assumptions.
• Experience with multi-family student housing or other residential real estate. Multi-asset class exposure is considered an asset.
• Ability to turn quantitative and qualitative analysis into clear recommendations investment memos and presentations.
• High sense of urgency and ownership with a track record of delivering on competing priorities and deadlines in a fast-paced high-volume environment.
• Strong interpersonal and communication skills with the ability to work effectively with senior leadership and external partners.
• Curiosity and comfort using AI tools to speed up research analysis and modelling work.
• Thrives in a high-paced environment where hours extend beyond a typical workday during live transactions and quarter end.

Culture and Pace at Forum:

Forum thinks of itself as a 30-year-old start-up: dynamic entrepreneurial team focused on creating value and positive impact. Our BHAG: grow the business to an AUM of at least $15 billion by 2030 while positively impacting a minimum of 50000 lives. Every team plays a part in getting us there and were looking for people who want to help build. Our core values are High Performance Innovation Integrity Diversity and Impact. It is worth being direct about what that feels like day to day because fit matters to us as much as credentials:

• Velocity is cultural. We are an AI-forward firm where work that used to take weeks ships in days. You will prototype fast measure and keep what pays - GSD is written into our culture and we mean it.
• The scoreboard is visible. We run a written operating cadence with metrics reviewed weekly from leasing velocity to deal pipeline. People who like scoreboards thrive here.

If reading this gives you energy rather than pause you will do well here - and we want to meet you.

Invest in Yourself:

• Excellent Benefits: A top-tier insurance program designed to keep you healthy active and supported plus a $1000 annual wellness credit.
• Competitive Total Rewards: We value our team members and offer a well-rounded package that includes competitive pay paid time off and performance-based incentives.
• Compensation: We are committed to supporting your success and are offering a competitive salary range of $90000-$110000 and bonus for this position.
• Employee Match Program: Invest alongside Forum with access to a matching contribution program.
• Learning and Development Opportunities: Access support for professional designations TTI behavioural assessments and quarterly learning forums to grow your skills and industry knowledge. We believe in Best Idea Wins and foster an entrepreneurial environment where your input has real impact.

• AI-Native by Design: Every team member regardless of role gets hands-on access to enterprise-grade AI tools from day 1. AI is core to how we work and how we measure impact. Youll be challenged to build fluency fast and in return youll grow into a genuine expert whos ahead of the market.

• Diverse & Inclusive Team: We celebrate diverse perspectives and are committed to maintaining the highest standards of equity and inclusion.
• Employee Referral Program: Receive a generous bonus when your referral joins our team.
• Social Impact: Enjoy paid volunteer days and opportunities to participate in team-led community initiatives.
• Quarterly All Teams: Sessions with your colleagues across the business to share insights celebrate success and spotlight culture.
• Lunch & Learns: Regular opportunities to connect learn and exchange knowledge with peers across the business.

Artificial Intelligence (AI) Usage:
Forum uses AI tools to support the screening and assessment of applications for this role. These tools inform but do not replace the judgment of our human hiring team who make all final hiring decisions.

Forum Commitment:

At Forum we encourage diversity. We are committed to an inclusive workplace that reflects our belief that diversity is central to building a high-performing team. Forum is an equal opportunity employer. We are committed to providing accessible employment practices. Should you require an accommodation during any phase of the recruitment process please let the recruitment team know

Required Experience:

IC