Development Analyst (Toronto)

Development Analyst (Toronto)

19 Aug
|
Northwest Healthcare Properties REIT
|
Toronto

19 Aug

Northwest Healthcare Properties REIT

Toronto

About Vital Infrastructure Property Trust A proven partner in healthcare infrastructure, Vital Infrastructure invests in, operates and partners to strengthen essential healthcare infrastructure. We're a real estate investment trust with more than $5B of assets under management, owning and operating a portfolio of 133 high-quality properties across Canada, the United States, Brazil, Germany, the Netherlands, and Australia.

Our leadership team brings deep healthcare expertise and long-standing relationships across local health networks. Their disciplined approach to investment, operational excellence, and long-term ownership strategy supports portfolio quality and drives consistent, reliable performance for our investors and partners.

Position Summary A proven partner in healthcare infrastructure: Vital Infrastructure invests in, operates and partners to strengthen essential healthcare infrastructure. We're a real estate investment trust with more than $6B of assets under management, owning and operating a portfolio of 134 high-quality properties across Canada, the United States, Brazil, Germany, and Australia. Our leadership team brings deep healthcare expertise and long-standing relationships across local health networks.

Their disciplined approach to investment, operational excellence, and long-term ownership strategy supports portfolio quality and drives consistent, reliable performance for our investors and partners.Key Responsibilities

Financial

- Build customized financial models to analyze various development scenarios

- Spell out key metrics and assumptions for analyzing risks and returns, including project hard costs and soft costs (e.g. - land, site preparation, construction, consulting, tenant improvement, legal, financing & carry costs, etc.)

- Establish, review & maintain “best practices” for Development department’s financial models

- Source, coordinate and manage financial-related project due diligence

- Manage & maintain point of contact with project managers on specific development projects; providing interface to Yardi Job Cost management - project related Board & related committee approval materials, project budget updates, invoice approvals, contract commitments, etc.; liaising with Accounts Payable

- Prepare,



update & report on project development proformas, provide inputs to project budgets (from acquisitions through to development and construction)

Project Management
- Assist with information gathering and consolidation of customized responses addressing a multitude of incoming RFEI’s - Requests for Expressions of Interest, RFQs- Requests for Qualifications, and RFPs - Requests for Proposals for potential acquisitions

- Support the Development department with updating & reporting on development pipeline proformas

- Will be responsible for proforma creation and updating for annual budgets, monthly/quarterly updates, and leasing sensitivity analysis as required.

- Will work with multiple internal and external stakeholders in the creation and updating of project proformas – which at times will feed into Board presentations.

Strategic Planning
- Manage market research, review and analysis

- Collaborate with the team to identify sites within growth areas - once macro level growth by municipality has been identified - model out development opportunity (with possible phasing options).

- Support the Investment Team to facilitate the acquisition process; and

- Once a property(s) has been identified, track, report on, and undertake due diligence reporting for site(s), which identifies site specific opportunities and constraints for development.

- Ad hoc responsibilities as assigned

Knowledge, Skills and Experience

- A minimum of 3+ years relevant working experience

- Well-developed valuation, financial analysis and modelling skills, including the ability to develop a financial model from scratch in Excel.

- A relevant undergraduate qualification (Economics, Finance, Engineering or Business)

- Exposure to relevant real estate development transactions





- Prior exposure to the “healthcare” and “life science” asset class considered a bonus

- Well-developed understanding of business fundamentals: development project life cycle, income producing asset operating models, cash flows.

- Well-developed advanced Excel modeling, Argus modeling, and PowerPoint presentation skills

- Ability to structure a deliverable / storyboard / presentation for Investment Committee & Board approvals

- Knowledge of appropriate tools, techniques and intellectual capital to address transaction issues

- Understanding of balance sheets and revenue streams for a development, versus stabilized assets

- Strong commitment to professional and client service excellence. This is a “front facing” position (networking, brokers, consultants, etc.), so strong presence, poise and appropriate level of confidence

- Proven analytical skills and systematic problem solving

- Solid project management and communication skills. Ability to handle pressure and tight timelines

- Travel could be involved

Project Pipeline

- Asset classes currently under development: Ambulatory Surgical Centre in GTA, planning for Medical Office Building in Toronto, upzoning efforts across the Canadian portfolio

- Location of active development projects: Alberta (3 projects), Ontario (GTHA and downtown core) (3 projects), and Quebec.

Salary Range CAD $90,000-100,000

Use of AI in Recruitment

Vital Infrastructure Property does not use artificial intelligence (AI) to screen, assess, or select applicants. All hiring decisions are made by our People & Culture team and hiring managers.

Existing Vacancy Disclosure

This posting is for an existing vacancy within our organization.

Accommodation during Recruitment Process

Vital Infrastructure Property Trust values diversity in the workforce, is an equal opportunity employer and welcomes applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

Persons with disabilities who need accommodation during the application process or require job postings in an alternative format, kindly notify the Northwest People and Culture team at [email protected].

📌 Development Analyst (Toronto)
🏢 Northwest Healthcare Properties REIT
📍 Toronto

Reply to this offer

Impress this employer describing Your skills and abilities, fill out the form below and leave Your personal touch in the presentation letter.

Subscribe to this job alert:

Get the latest job offers by email for: development analyst (toronto) / toronto

Subscribe to this job alert:

Get the latest job offers by email for: development analyst (toronto) / toronto