Associate, Real Estate Development

Forum Asset Management; Toronto; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking an Associate for Real Estate Development to support its growing portfolio. This role involves assisting in project acquisitions, coordinating multi-disciplinary teams, and conducting market research. The successful candidate will thrive in a fast-paced environment, managing multiple priorities while ensuring project success. With a commitment to sustainability and community engagement, this position offers a unique opportunity to contribute to impactful real estate developments. Join a dynamic team that values diversity and fosters innovation as you help shape the future of real estate in Canada.

Qualifications

• 3+ years of professional development experience in real estate.
• Strong organizational and communication skills are essential.

Responsibilities

• Support real estate projects from acquisitions to development.
• Conduct market research and assist in budget updates.

Skills

Organizational Skills

Written Communication

Verbal Communication

Market Research

Project Management

Detail-Oriented

Education

Undergraduate in Real Estate

Planning or Land Development

Finance or Equivalent

Tools

MS Word

PowerPoint

Project

Excel

Bluebeam

SketchUp

Adobe Acrobat

Job description

Forum Asset Management – Associate, Real Estate Development

Location: 181 Bay Street, Toronto

In Office: 5 days per week

Overview of Forum:

Join us in delivering Extraordinary Outcomes through investment.

Forum is an investor, developer and asset manager operating across North America for over 28 years, focusing on real estate, private equity and infrastructure, with a strategic concentration in housing.

Our AUM exceeds $3 billion. We are committed to sustainability, responsible investing and creating value that benefits our stakeholders and the communities in which we invest, what we call our Extraordinary Outcomes.

In 2024, Forum completed the largest real estate transaction in Canada with the Alignvest acquisition, making us the largest owner of Purpose-Built Student Accommodation (PBSA) in Canada through our $2.5B open-ended Real Estate Income and Impact Fund (REIIF). Our national development pipeline now exceeds $3.5 billion, positioning Forum as the largest developer of PBSA in Canada, operating from coast to coast.

The Forum team is adaptable, agile, and dynamic, committed to sustainable and responsible investing. Our people bring diverse cultural backgrounds and professional experiences, fostering innovation and thought leadership. We uphold integrity, trust, and transparency as core values, knowing that to achieve Extraordinary Outcomes, we need to support and develop an Extraordinary team.

Position Overview:

Forum is seeking an Associate, Real Estate Development to play an impactful role within Forum’s largest and growing platform – its real estate business. With its focus on owning and developing (i) High turnover rental housing such as purpose-built student accommodations and micro-units (ii) Self-storage facilities and (iii) Commercial assets secured by credit tenant leases — Forum’s real estate business is poised for growth notwithstanding the challenging macro environment.

Reporting to the Director, Real Estate Development, the Associate, Real Estate Development will support all real estate projects, including potential acquisitions and active development sites, by assisting with due diligence and coordination of a team of multi-disciplinary consultants.

Key Duties and Responsibilities:

1. Responsible for supporting on real estate projects from potential acquisitions (assisting in due diligence (DD)), building massing and active development sites.
2. Assist with the coordination of a team of multi-disciplinary consultants which includes meetings, agendas, minutes.
3. Market research and competitive analysis keeping current with supply and demand trends.
4. Coordinate formatting and documents that includes internal and external reporting, RFP submission, Investment Committee (IC) decks, advocacy presentations, etc.
5. Assist in budget and timeline updates which includes invoicing and consultant contract adherence.
6. Assist in the review of proposals and legal agreements.
7. Manage project invoicing and evaluate vendor requests to ensure continued project delivery.
8. Represent the company in public meetings, community engagement, and any other forums.
9. Monitor and research provincial and municipal policies, relevant precedents, and market trends to assess the feasibility of projects and preserve asset value.
10. Actively identify and address project roadblocks, collaborating with stakeholders and improving internal and external processes to overcome challenges.
11. Support the Development Team by tracking and monitoring changes in planning policies and staying informed about general real estate trends.

Candidate Profile:

1. Min 3+ years of professional development experience, in a developer firm or brokerage land sales group, data research or worked as a coordinator in an Asset Manager with proven capacity assisting in approvals.
2. Undergraduate in real estate, planning, land development, finance or equivalent.
3. Must have excellent organizational skills and the ability to prioritize work.
4. High sense of urgency, with a demonstrated ability to execute on multiple competing priorities in a fast-paced + high volume environment.
5. Strong written and verbal communications skills.
6. Highly process and detail-oriented.
7. Proficient in MS Word, PowerPoint, Project, Excel, Bluebeam, SketchUp and Adobe Acrobat.

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 at [e-mail].