Any Canadians in real estate finance on WSO?

I've just taken on a new role as an analyst in RE investments/AM at a firm which provides transaction advisory services focused on commercial RE. I'm based in Canada, and new to the industry - I was curious to know whether there were others in real estate (development, AM, acquisitions, PE, brokerage) in Canada on this site to talk about their experiences in the space.

Interested in hearing about some of the projects you've touched on, your experiences, and any tips you might have for someone who's just starting out here in Canadia.

Region: 

Comments (21)

Mar 20, 2018

Im currently a student still but had an internship in CRE / securing another one this summer. What market are you in?

Mar 20, 2018

I'm in Quebec - looks like you're based out of western Canada?

Mar 20, 2018

Yeah U of Alberta. Are you HEC and interning @ montreal?

Mar 20, 2018

Threw ms for being canadian. We don't need your peoplekind here

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Mar 21, 2018

Canada is the best

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Best Response
Mar 21, 2018
alpha.beta:

Interested in hearing about some of the projects you've touched on, your experiences, and any tips you might have for someone who's just starting out here in Canadia.

What kind of cap rates are you seeing on Moose ranches and Maple Syrup distilleries?

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Mar 21, 2018

I LOL'd.

Mar 21, 2018

how do i award you with a silver banana

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Mar 22, 2018

Hey buddy, thats offensive eh. Try being a pal ok friend ? Sorry if this post comes across to harsh, i'm just trying to get you to be more friendlier eh guy.

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Mar 21, 2018

I did CRE lending for one of the large banks for a while in Toronto. I underwrote deals across the country. Mostly in the GVA and GTA but have seen some small stuff in CGY/EDM and even one in Newfoundland haha.

Mar 22, 2018

Why did you leave?

Apr 19, 2018

Just saw this now, sorry. It's because I'm doing this now in New York. Just moved here a couple months ago.

Mar 22, 2018

Currently interviewing at a tenant only shop for REIS as an analyst. Will check in if I land the role (final round next week I think? meeting with managing principal). Currently trying to break into the CRE space.

Apr 19, 2018

Any update?

Apr 20, 2018

I think I got the offer however the svp rescheduled so he could take off to vacation early. He gets back at the end of the month so I find out then. I also got a called for an interview for early next week for an mbs role at a non bank lending institution as well but i'm leaning towards the tenant representation shop because i'll be doing valuation work vs securitization/investors relation work

Apr 20, 2018

yes... put on the "BIG SHORT"

Apr 20, 2018

you cant really short the real estate mkt. you have to wait for it to crash then start buying at distressed valuations.

man made the money, money never made the man

Apr 20, 2018

Your best bet is probably going to have to be to short developers (which I know nothing about, especially in Canada).

I'm assuming your talking about taking a personal view, but even if you were an institution, I don't think Canadian mortgages were packaged into CDOs for you to be long CDS. There are a whole host of other issues, but there's no real point elaborating if the product doesn't even exist.

Apr 20, 2018
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