Careers

Reporting to the Senior Vice President, Investments, the Analyst, Investments is responsible for the analysis, due diligence, and underwriting of development opportunities across Starlight’s Canadian residential and mixed-use commercial portfolio. The priority will be focused on infill development projects associated with existing Canadian multi-residential portfolio assets, redevelopment opportunities, and greenfield development projects. 

• Create defensible business cases for potential development opportunities by analyzing initial, high-level concepts through to detailed development, construction, and overall execution plans for review and approval by senior management and ultimately, Starlight’s Investment Committee
• Accountable for the development underwriting process including due diligence, financial modeling and preparation of investment memos
• Prepare any other relevant analysis, reporting or presentations necessary for Starlight’s ongoing strategic priorities
• Manage due diligence for select development projects, working collaboratively with internal partners and third-party consultants
• Prepare investment summaries detailing development opportunities within Starlight’s portfolio as well as external investments, analyzing the financial returns of developing a property to its highest and best use
• Maintain internal development pipeline summary to ensure timely access to portfolio information for use by senior management
• Collaborating with the development and construction teams, manage quarterly development budgets and cash flow projections to update estimated returns
• Maintain a detailed and thorough understanding of events and dynamics occurring within Starlight’s target markets and other potential markets of interest
• Assist with construction financing applications by preparing lender packages, reviewing third-party valuations, construction budgets, and due diligence materials, refining financial projections, and obtaining investor/​partner approvals

• Relevant professional experience in a real estate development or asset management capacity, with a focus on investing in purpose-built, multi-residential development projects
• Undergraduate degree in commerce and/​or business with a focus on corporate finance
• Proficient financial modeling (Excel) and presentation creation (Powerpoint) skills
• Drive to uncover potential problems and solve them creatively with minimal direction
• Ability to carefully make decisions in a highly demanding environment
• Ability to develop and sustain cooperative, professional working relationships
• Strong understanding of the real estate development process throughout a project’s lifecycle from acquisition to stabilization
• Strong organizational skills and an ability to manage competing deadlines by prioritizing work streams
• Strong attention to detail
• Strong communication skills
• Overtime often required