Development Analyst

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.

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.

• 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)

• 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.

• 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

• 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…