Real Estate Financial Analyst

At Ombrello Solutions , we build proprietary investment products that result in Healthier Cities . Working hand-in-hand with Dan Sa 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.

1. Dan Sa 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. Dan Sa 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. Dan Sa 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.

This role is ideal for an analyst, a CFA or CPA candidate, a real estate finance professional, or an early-career professional 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.

• 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…