Harrison Street

Harrison Street

Vice President, Asset Management, Canada

Toronto ON · Exec

Sponsorship not specified$20k-$30kDetected 28 days ago
AccessibilityFinancial ModelingFinancial AnalysisExcelCommunicationCollaborationUnderwriting

About the role

  • Harrison Street Asset Management ("HSAM") is a leading global alternative investment management firm focused on real estate, infrastructure, and credit strategies across North America and Europe. Headquartered in Chicago, Toronto, and London with offices across North America, Europe, Asia and the Middle East, the firm has over $108 billion in assets under
  • management on behalf of institutional investors and registered investment advisors globally. Founded on a culture of innovation, HSAM is an early mover in alternative real estate and mid-market infrastructure. Today, the firm's global team, consisting of more than 520 professionals, is committed to creating long-term value through deep sector expertise and

Responsibilities

  • Develop and execute asset-level business plans, with responsibility for NOI value creation, debt refinancings, JV partner exits and future asset dispositions
  • Oversee wholly owned and joint venture investments, as well as the respective third-party property management and operating partner relationships
  • Lead regular meetings with property managers and operating partners to review leasing performance, operating results, and market conditions
  • In conjunction with Asset Management Analyst/Associate support, perform financial modeling, lease analyses, property valuations, JV waterfall calculations, etc.
  • Develop and maintain relationships with leasing and investment sales brokers and other local knowledge sources to monitor market conditions
  • Support the Transactions team in underwriting new investments, operating partners, and property managers
  • Support Canadian ESG initiatives in collaboration with the Canadian Director of Asset Management and Chicago-based Impact team
  • Provide oversight, management, and analytical support of a portfolio of alternative real estate.
  • Maintain and monitor key department and firm schedules

Requirements

  • 8+ years of applicable real estate asset management experience
  • Shows the ability to work both independently and collegially in teams
  • All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

Nice to have

  • Harrison Street Asset Management ("HSAM") is a leading global alternative investment management firm focused on real estate, infrastructure, and credit strategies across North America and Europe.
  • Harrison Street is seeking a Vice President in the North American Asset Management group, based in its growing Toronto office.
  • This position will report to a director on the team and will be responsible for direct oversight of an evolving portfolio that initially may consist of senior housing and student housing assets.
  • The composition of the portfolio will evolve as new investments are made, and will include ground up developments, redevelopments, and operational across Canada.
  • Currently, Harrison Street's Canada Alternative Real Estate Fund has committed to approximately $2.1 billion CAD of transactions since launching in 2021 across the country.
  • Candidates should possess substantial experience in asset management, joint venture partnerships, capital markets (including debt financings), financial analysis, leasing, and ground-up developments.
  • The ideal candidate is a strategic, analytical team player who can take ownership of a portfolio from day one and thrive in a fast-paced, entrepreneurial environment.
  • A background in student housing and/or senior housing would be preferred.

Compensation

  • Responsible for development of annual operating and capital budgets, and for ongoing monitoring of financial performance and debt covenant compliance

This listing is sourced directly from Harrison Street's careers page and normalized into a canonical job model.