Associate, Real Estate Investments

Welltower; Toronto; On-site; CAD 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a skilled professional to join their Investment Team. This role involves underwriting acquisition opportunities, conducting thorough financial analysis, and managing transactions in the dynamic real estate sector. The ideal candidate will possess strong interpersonal skills to engage with clients and stakeholders effectively. You will be at the forefront of the company's growth, contributing to significant investments in seniors housing and healthcare infrastructure. If you are passionate about real estate and looking to make a meaningful impact, this opportunity is perfect for you.

Benefits

Competitive Base Salary + Annual Bonus

Generous Paid Time Off and Holidays

Employer-matching RRSP Program

Tuition Assistance Program

Employee Stock Purchase Program

Comprehensive Medical/Dental/Vision options

Qualifications

• 4+ years experience in real estate or healthcare investing required.
• Strong understanding of investment structures and financial analysis.

Responsibilities

• Lead underwriting for acquisitions and development opportunities.
• Manage transaction processes and coordinate with stakeholders.
• Perform asset management for assigned portfolios with minimal oversight.

Skills

Financial Analysis

Real Estate Modeling

Interpersonal Skills

Investment Structuring

Transaction Negotiation

Education

Bachelor’s degree in related field

Job description

JOB SUMMARY

Key responsibilities will include underwriting potential acquisition and development opportunities; conducting operator/client credit analysis; reviewing and analyzing business plans, management teams, budgets, and financial statements at both the company-wide and individual property or portfolio levels; participating in monthly and quarterly meetings with operators; leading annual budgeting and ongoing monitoring of real estate portfolios, and visiting communities. The role will involve significant client interaction, so strong interpersonal skills are essential. The Investment Team is at the forefront of the business’s growth and is responsible for all new investments, from initial valuation and deal structuring through detailed due diligence and closing, including seniors housing and age-restricted multifamily projects, among others.

KEY RESPONSIBILITIES

1. Investments and Financing:
   • Lead and perform underwriting potential acquisition and development opportunities including comprehensive property/portfolio-level financial analysis and return metrics.
   • Participate in transaction negotiations, contributing ideas and observations.
   • Participate during due diligence in all stages and components (financial, physical, legal and regulatory, tax, etc.); identify relevant findings and escalate in a prompt manner.
   • Participate in executing property/portfolio level financing strategies on acquisitions and/or re-financing post-closing.
   • Collaborate with other team members to optimize and refine pro forma models and templates.
2. Transaction Management:
   • Manage workstreams and coordinate among internal and external stakeholders throughout transaction and closing processes.
   • Lead in drafting Investment Committee memos; field questions on IC meetings as needed.
   • Participate in legal documentation and provide analytical support as needed.
   • Participate in strategic discussions on the corporate level and provide analytical support as needed.
3. Asset and Portfolio Management:
   • Manage the monthly, quarterly, and annual asset management processes for assigned portfolios with minimal oversight.
   • Perform robust analysis on operating performance, derive and execute strategic plans.
   • Establish relationships with peers at assigned operators/investments. Utilize those relationships to effectively deliver on asset management requirements.
   • Discern and escalate certain tactical and all key relationship issues in a timely manner.

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of this employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

TRAVEL

Some out-of-area and overnight travel may be expected.

MINIMUM REQUIREMENTS

• Bachelor’s degree in related field required.
• A minimum of 4 years relevant work experience in direct real estate or healthcare investing, including principal investing, fund management, investment banking/investment sales, or lending.
• Intermediate understanding of real estate investment fundamentals including different investment structures – JVs, leases, loans.
• Proficiency in real estate modeling including valuations, returns, and waterfall distributions.
• French language skills are a plus but not required.

WHAT WE OFFER

• Competitive Base Salary + Annual Bonus
• Generous Paid Time Off and Holidays
• Employer-matching RRSP Program
• Tuition Assistance Program
• Employee Stock Purchase Program – purchase shares at a 15% discount
• Comprehensive and progressive Medical/Dental/Vision options
• And much more!

ABOUT WELLTOWER

Welltower Inc. (NYSE: WELL) an S&P 500 company, is the world's preeminent residential wellness and healthcare infrastructure company. Our portfolio of 1,500+ Seniors and Wellness Housing communities is positioned at the intersection of housing, healthcare, and hospitality, creating vibrant communities for mature renters and older adults in the United States, United Kingdom, and Canada. We also seek to support physicians in our Outpatient Medical buildings with the critical infrastructure needed to deliver quality care.

Our real estate portfolio is unmatched, located in highly attractive micro-markets with stunning built environments. Yet, we are an unusual real estate organization as we view ourselves as a product company in a real estate wrapper driven by relationships and unconventional culture.

Through our disciplined approach to capital allocation powered by our data science platform and superior operating results driven by the Welltower Business System, we aspire to deliver long-term compounding of per share growth and returns for our existing investors – our North Star.

Welltower is committed to leveraging the talent of a diverse workforce to create great opportunities for our business and our people. EOE/AA. Minority/Female/Sexual Orientation/Gender Identity/Disability/Veteran