02 Nov
|
Ombrello Solutions
|
Canada
02 Nov
Ombrello Solutions
Canada
At Ombrello Solutions , we build proprietary investment products that result in Healthier Cities . Working hand-in-hand with DanSa Capital Innovation, our work focuses on homelessness, affordable housing, urban nature & biodiversity,civic infrastructure, and food security amongst others. We are currently building three investment products: a $250M Civic Infrastructure Bond, $100M Homelessness Bond, and $100M Community Real Estate Investment Trust.
Description of the three products
1. DanSa Capital: development, commercialization and management of proprietary
systemic investment products
a. $250mil Civic Infrastructure Bond, which finances acquisition of ~215 acres
of mature private urban nature sites across Ontario and Quebec, restores
and develops them into urban parks (Parks +) that integrate biodiversity,
nature based solutions and community services.
b. $100mil Homelessness Bond, which finances acquisition of 400 existing
vacant housing units in Montreal to convert them into permanent housing
for individuals and families who find themselves in a situation of
homelessness due to evictions.
c. $250mil Community Real Estate Investment Trust (REIT), a national
vehicle that enables preservation and improvement of not-for-profit real
estate across all asset classes.
2. DanSa Capital Innovation: structuring of market building catalytic investment
products
Service provider to external organizations focused on bringing to market
innovative investment products for key societal and environmental challenges
3. DanSa Asset Developer: pre-development of civic and natural assets
Internal dedicated team of urban planners, landscape architects,
and real estate
specialists. Together they research, prepare concept plans and feasibility studies
as well as ownership and governance structures for identified pipeline of projects
to be financed from the proceeds of the structured investment products.
We are seeking a Financial Analyst, Real Estate to build the financial models and analysis behind our real estate-linked investment products. The role will be shared across three mandates.
About the Role
This role is ideal for an analyst, a CFA or CPA candidate, a real estate finance professional, or an early-career qualified interested in:
- Real estate finance and housing
- Social finance and impact investing
- Financial modeling and underwriting
- Public policy and affordable housing
The successful candidate will spend 6 months building the financial models that test whether housing and real estate projects are viable, affordable and financeable, and presenting the results to our leadership team and partners.
Specifically, the individual would be in charge of the following key activities:
- Build and maintain underwriting and cash flow models for housing and real estate projects across Canada, from early feasibility through financing;
- Analyze project financials, including rent rolls,
operating budgets, capital costs and available funding (such as CMHC programs), and assess each project against our investment criteria;
- Prepare sensitivity analyses, investment memos and briefing notes for our leadership team, investors and partners.
Responsibilities
- Build, maintain and audit financial models (pro formas, discounted cash flow, IRR, cash-on-cash return and debt service coverage) for real estate and housing projects
- Underwrite projects by reviewing rent rolls, operating and capital budgets, leases, appraisals and third-party reports
- Run sensitivity, scenario and stress tests to show how changes in rents, costs, interest rates and funding affect each project
- Research and analyze market, demographic and policy data to support model assumptions across segments that include:
- Affordable and permanent housing
- Multi-residential and commercial real estate
- Land and development sites
- Assess financing structures that combine debt, equity and grant funding, and the criteria set by lenders and public funders
- Prepare investment memos, dashboards and presentations that explain results clearly to non-financial audiences
- Coordinate with developers, non-profit housing providers, lenders and DanSa Capital Innovation, and keep model documentation, version control and data accurate
Qualifications
- Bachelor’s degree in finance, economics, commerce, real estate or a related field (or equivalent experience)
- 2+ years of experience in financial analysis, underwriting or real estate finance (internships and co-op terms count)
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📌 Real Estate Financial Analyst (Canada)
🏢 Ombrello Solutions
📍 Canada