Real Estate Asset Management in Toronto

Hello Monkeys,

I graduated from one of the top 3 business schools in Toronto with a major in finance and economics, and I started my career in real estate development and property management. (also with some experience in brokerage sales)
Now with almost 2 years of experience, I'm looking for a transition into asset management -to work on the numbers side.
Just wondering any of you could share some thoughts on the RE AM market in Toronto? (Not looking to relocate to another city) And any advice on where I should start?

Thanks a million!

 

It definitely seems easier to transition between functions in the Canadian market versus the U.S market, especially at the analyst/associate level. I would imagine that the easiest way to start would be by targeting the companies with an asset management team in the asset class (residential, industrial, retail, office) that you have experience in, if you're doing residential development/PM then for example go after an asset management role for the multi-family team at GWL, Starlight, or a multifamily REIT. Have names for retail and office companies in Toronto as well, feel free to PM if needed.

 

Toronto, like any major city these days, has a pretty competitive CRE market for graduates. Slate is the ideal AM firm in Toronto, with lots of retail and office properties - also expanding pretty aggressively. Some of th REITs would also provide good experience. Firms to target and reach out to: Slate, Oxford, Dundee, Dream, Allied, Morguard, Manulife, Crombie, Choice properties, RioCan. I'd spend the next month intensively reaching out to people from those firms and grabbing coffee. Plant network seeds and drown them with coffee!

 

Aperiam voluptatibus incidunt modi voluptate sunt et autem. Rem id dolores hic nisi voluptatem laudantium. Odit nobis voluptatum quos eveniet et. Natus qui voluptate ratione. Et qui nihil qui nihil voluptas magnam.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”