ADI
real estate private equity
Analyst,Investments
“Analyst, Investments at ADI. Skills: financial modeling, underwriting, deal analysis. Build and maintain financial models for acquisitions, ground-up development, and value-add multifamily across Canadian and US markets. Support underwriting on new opportunities — sources & uses, development budgets, lease-up assumptions, debt sizing, waterfall mechanics, and LP/GP returns”
What You'll Achieve.
clear path to Associate for a candidate who performs
Industry & Context.
asks the second and third questions
What They're Looking For.
Must Have
2–4 years of experience in real estate private equity, real estate development, real estate investment banking, or a related analytical role, Bachelor's degree in finance, real estate, economics, or related field, Excel and financial modeling fundamentals — comfortable building from a template and progressing toward building from scratch, Demonstrated ability to leverage AI tools and embed AI into modeling and analytical workflows to drive productivity is required
Nice to Have
Exposure to development or multifamily underwriting strongly preferred, CAIA and/or CFA candidate viewed favorably
What You'll Do.
Build and maintain financial models for acquisitions
ground-up development
and value-add multifamily across Canadian and US markets
Support underwriting on new opportunities — sources & uses
Maintain the deal pipeline tracker and prepare preliminary screens for review by senior team members
Coordinate and synthesize third-party due diligence and project reporting — including appraisals
cost consultant reports
Build and update joint venture waterfall and partner economic models under the direction of senior team members
Maintain monthly cost-to-date (CTD) and cost-to-complete (CTC) model updates across the active development portfolio
working with construction and project management teams to capture actuals and flag variances
Prepare model outputs
and analytical content to support capital raising and LP fundraising materials
Prepare lender models
covenant testing schedules
and term sheet comparison analyses to support debt raising and financing workstreams
Run sensitivity and scenario analyses to support investment theses
Draft sections of Investment Committee memos and prepare supporting exhibits and analyses
Conduct market research and comparable analysis across our active jurisdictions
Partner with development
and property management teams to gather inputs and validate assumptions
How You'll Work.
Team & Collaboration
Comfortable working cross-functionally in a team environment; Partner with development, construction, and property management teams to gather inputs and validate assumptions
Communication Scope
written communication — precision and attention to detail are essential
Process & Methodology
drives tasks to completion without prompting
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