About the role
Analyst, Commercial Mortgages
Toronto, Ontario
Who We Are: BGO is a leading, global real estate investment management advisor and a globally-recognized provider of real estate services. BGO serves the interests of more than 750 institutional clients with approximately $85 billion USD of assets under management (as of September 30, 2024) and expertise in the asset management of office, industrial, multi-residential, retail and hospitality property across the globe. BGO has offices in 27 cities across thirteen countries with deep, local knowledge, experience, and extensive networks in the regions where we invest in and manage real estate assets on behalf of our clients in primary, secondary and co-investment markets.
BGO is a part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life. For more information, please visit www.bgo.com
BGO promotes a corporate culture that attracts and retains the highest caliber people. We encourage opportunities for growth, development, and promotion by providing our employees with the resources to work effectively and continually strive to perform better. We are committed to a safe and sustainable work environment .
The Opportunity:
The Analyst, Commercial Mortgages will be engaged in the production and operations of the Ontario Region Commercial Mortgage Investment Office (Toronto MIO), located in Toronto. In this role, you will be responsible for assisting with underwriting and making recommendations for investments in loans ranging from $10 million to $200 million on the security of income-producing commercial properties, as well as assisting with mortgage loan applications/commitments, loan closings, and requested amendments to loan security.
What You Will Do:
- Assist with the due diligence and with various parts of the underwriting process including: Lease documentation review, appraisal, building condition and environmental reports review, rent roll analyses, financial statement analyses, replacement cost analyses.
- Tour properties, conduct market research and analysis of the commercial real estate market.
- Summarize key findings from research.
- Participate in the investment analysis which contributes to the investment decision-making.
- Document files appropriately in accordance with conventions/guidelines.
- Prepare correspondence to borrowers, commercial mortgage brokers, and CMHC Multi-Unit Insurance group.
- Liaise with mortgage servicing, internal legal, credit risk, compliance, portfolio management, asset management and external service providers
- Assist with closing process and follow up for outstanding due diligence items.
- Become familiar with legal documentation including: Letters of intent, commitment letters, mortgage security documentation, inter-lender agreements, non-disturbance agreements, assumption agreements, confidentiality agreements, and easements, right-of-way, shared facilities, etc. agreements.
Who You Are:
- Detail oriented and self starter
- Excellent organization skills
- Excellent internet research skills
- Excellent communication skills (verbal and written)
- Advanced knowledge of Outlook, Excel, Word, PowerPoint and Adobe
- Desire to work collaboratively in a team environment as well as the ability to work independently
- High degree of flexibility in order to manage changing priorities in a hybrid work model
- Bachelor of Commerce (or related degree)
Assets
- Knowledge of basic commercial real estate legal principles i.e fee simple ownership, leasehold, easements/rights of way/partial discharges etc.
- Knowledge of commercial real estate valuation
- Knowledge of lease/mortgage contracts, property operating statements and financial statements
- Knowledge of the commercial real estate market
- Urban Land Economics or real estate appraisal courses
Unique Requirements
- Will require driver’s licence and the use of a vehicle and time outside the office environment for property inspections, client meetings and travel within the Ontario region.
- Attend industry seminars and conferences.
About BGO
BGO is a leading, global real estate investment management advisor, real estate lender, and a globally-recognized provider of real estate services. BGO serves the interests of more than 750 institutional clients with expertise in the asset management of office, retail, industrial and multi-residential property across the globe. BGO has offices in 27 cities across thirteen countries with deep, local knowledge, experience, and extensive networks in the regions where we invest and manage real estate assets on behalf of our clients. BGO is a part of SLC Management, which is the institutional alternatives and traditional asset management business of Sun Life.
BGO est l’un des principaux conseillers internationaux en gestion des investissements immobiliers et un fournisseur de services immobiliers de premier plan, reconnu dans le monde entier. BGO sert les intérêts de plus de 750 clients institutionnels, et offre une expertise en gestion des actifs pour les bureaux, le secteur industriel, les propriétés multirésidentielles, la vente au détail et l’industrie hôtelière dans le monde entier. BGO possède des bureaux dans 27 villes situées dans 13 pays, et détient une expérience et des connaissances locales vastes, et des réseaux étendus dans toutes les régions où elle investit dans les actifs immobiliers et les gère au nom de ses clients sur les marchés primaires, secondaires et de co-investissement. BGO fait partie de SLC Management, l’entité institutionnelle de gestion des actifs non traditionnels de la Sun Life.
About the role
Analyst, Commercial Mortgages
Toronto, Ontario
Who We Are: BGO is a leading, global real estate investment management advisor and a globally-recognized provider of real estate services. BGO serves the interests of more than 750 institutional clients with approximately $85 billion USD of assets under management (as of September 30, 2024) and expertise in the asset management of office, industrial, multi-residential, retail and hospitality property across the globe. BGO has offices in 27 cities across thirteen countries with deep, local knowledge, experience, and extensive networks in the regions where we invest in and manage real estate assets on behalf of our clients in primary, secondary and co-investment markets.
BGO is a part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life. For more information, please visit www.bgo.com
BGO promotes a corporate culture that attracts and retains the highest caliber people. We encourage opportunities for growth, development, and promotion by providing our employees with the resources to work effectively and continually strive to perform better. We are committed to a safe and sustainable work environment .
The Opportunity:
The Analyst, Commercial Mortgages will be engaged in the production and operations of the Ontario Region Commercial Mortgage Investment Office (Toronto MIO), located in Toronto. In this role, you will be responsible for assisting with underwriting and making recommendations for investments in loans ranging from $10 million to $200 million on the security of income-producing commercial properties, as well as assisting with mortgage loan applications/commitments, loan closings, and requested amendments to loan security.
What You Will Do:
- Assist with the due diligence and with various parts of the underwriting process including: Lease documentation review, appraisal, building condition and environmental reports review, rent roll analyses, financial statement analyses, replacement cost analyses.
- Tour properties, conduct market research and analysis of the commercial real estate market.
- Summarize key findings from research.
- Participate in the investment analysis which contributes to the investment decision-making.
- Document files appropriately in accordance with conventions/guidelines.
- Prepare correspondence to borrowers, commercial mortgage brokers, and CMHC Multi-Unit Insurance group.
- Liaise with mortgage servicing, internal legal, credit risk, compliance, portfolio management, asset management and external service providers
- Assist with closing process and follow up for outstanding due diligence items.
- Become familiar with legal documentation including: Letters of intent, commitment letters, mortgage security documentation, inter-lender agreements, non-disturbance agreements, assumption agreements, confidentiality agreements, and easements, right-of-way, shared facilities, etc. agreements.
Who You Are:
- Detail oriented and self starter
- Excellent organization skills
- Excellent internet research skills
- Excellent communication skills (verbal and written)
- Advanced knowledge of Outlook, Excel, Word, PowerPoint and Adobe
- Desire to work collaboratively in a team environment as well as the ability to work independently
- High degree of flexibility in order to manage changing priorities in a hybrid work model
- Bachelor of Commerce (or related degree)
Assets
- Knowledge of basic commercial real estate legal principles i.e fee simple ownership, leasehold, easements/rights of way/partial discharges etc.
- Knowledge of commercial real estate valuation
- Knowledge of lease/mortgage contracts, property operating statements and financial statements
- Knowledge of the commercial real estate market
- Urban Land Economics or real estate appraisal courses
Unique Requirements
- Will require driver’s licence and the use of a vehicle and time outside the office environment for property inspections, client meetings and travel within the Ontario region.
- Attend industry seminars and conferences.
About BGO
BGO is a leading, global real estate investment management advisor, real estate lender, and a globally-recognized provider of real estate services. BGO serves the interests of more than 750 institutional clients with expertise in the asset management of office, retail, industrial and multi-residential property across the globe. BGO has offices in 27 cities across thirteen countries with deep, local knowledge, experience, and extensive networks in the regions where we invest and manage real estate assets on behalf of our clients. BGO is a part of SLC Management, which is the institutional alternatives and traditional asset management business of Sun Life.
BGO est l’un des principaux conseillers internationaux en gestion des investissements immobiliers et un fournisseur de services immobiliers de premier plan, reconnu dans le monde entier. BGO sert les intérêts de plus de 750 clients institutionnels, et offre une expertise en gestion des actifs pour les bureaux, le secteur industriel, les propriétés multirésidentielles, la vente au détail et l’industrie hôtelière dans le monde entier. BGO possède des bureaux dans 27 villes situées dans 13 pays, et détient une expérience et des connaissances locales vastes, et des réseaux étendus dans toutes les régions où elle investit dans les actifs immobiliers et les gère au nom de ses clients sur les marchés primaires, secondaires et de co-investissement. BGO fait partie de SLC Management, l’entité institutionnelle de gestion des actifs non traditionnels de la Sun Life.