About the role
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 Real Estate Construction Lending Analyst supports the underwriting, monitoring, reporting, and asset management of construction
‐
backed mortgage loans. Each loan is secured by a mortgage on the underlying real estate asset. The Analyst works closely with senior lending professionals to conduct financial analysis, due diligence, prepare loan recommendations, monitor construction draws, and assist with reporting and portfolio oversight.
What You Will Do:
- Assist with underwriting new construction loans: analyzing project proformas, cash flow forecasts, budget & cost estimates, borrower creditworthiness, exit strategies, LTV (Loan to Value), DSCR (Debt Service Coverage Ratio), etc.
- Prepare loan extensions and loan amendments for existing loans within the portfolio.
- Review third-party reports: appraisals, environmental reports, engineering and soils reports, cost consultant reports, market studies etc.
- Prepare deal summaries to get business support, term sheets for new loans, and commitment letters upon loan approval.
- Monitor construction loans during the building phase: verifying draws vs. budget, reviewing construction progress, monitoring cost overruns, ensuring conditions and undertakings under loan agreements are met.
- Assist in asset management/portfolio monitoring: prepare regular reports on loan performance, project status, risk flagged items.
- Assist with loan valuations and annual reviews: updating assumptions, assessing market trends, rental, or sales comparables.
- Ensure documentation compliance: legal, regulatory, investor guidelines.
- Help with risk assessment & mitigation: identifying key risks, suggesting mitigants in underwriting and during construction as applicable.
- Assist in reporting to senior management: status reports, dashboards.
- Support continuous improvement of processes: standardizing underwriting checklists, improving monitoring tools, etc.
Who You Are:
- Bachelor’s degree in finance, Economics, Real Estate, Accounting, Business, Engineering, or a related field.
- 1-3 years of relevant experience in commercial real estate finance, lending, construction finance, or underwriting.
- Experience with construction lending and/or development financing is a strong asset.
- Exposure to mortgages / loans secured by real estate; experience with project valuations, cost budgeting, borrower metrics.
- Strong financial analysis skills: proformas, understanding of cash flows, sensitivity & scenario analyses.
- Understanding of real estate development process: budgeting, cost estimates, construction draw schedules, etc.
- Familiarity with key financial metrics (LTV, LTC, Residual LTV, DSCR, IRR, etc.).
- Knowledge of loan documentation and legal / regulatory frameworks in real estate lending.
- Attention to detail and accuracy.
- Excellent communication skills, both oral and written ability to prepare clear memos, summaries, and interact with internal & external parties.
- Able to manage multiple tasks/projects under tight deadlines.
- Proficiency in Excel and PowerPoint, PLM, or other real estate systems.
Assets:
- Working towards a CFA designation or similar designation would be ideal.
- Experience with risk management / asset management of real estate loans.
- Familiarity with investor or lender reporting requirements.
- Analytical, problem-solving mindset.
- Ability to work both independently and in a team.
- Contribute to building a collaborative and high-performing team culture and live up to the BGO Culture Code.
- Comfortable with ambiguity, able to identify missing information and push for clarification.
Unique Requirements:
- Office-based role; may require occasional travel to project sites or borrower locations.
- Fast-paced, deadline driven.
- Work closely with team and Principal Non-Core Lending and provide them support as needed.
- Interactions with various stakeholders: legal, construction consultants, borrowers, internal risk, and credit teams.
At BGO, we recognize that each employee’s unique experiences, perspectives, and viewpoints strengthen our ability to create and deliver the best value to our clients, partners, and stakeholders/investors. Therefore, we strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientations, and life experiences to apply to our career opportunities.
BGO is committed to equitable hiring practices, and we welcome the opportunity to discuss accommodation and ensure fairness and equity in our hiring process. If you require accommodation, please email us at accessibility@bgo.com and include: Job posting number, your name and your preferred method of contact.
We thank all applicants for their interest in employment with BGO (Canada) LP, however only those selected for an interview will be contacted.
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
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 Real Estate Construction Lending Analyst supports the underwriting, monitoring, reporting, and asset management of construction
‐
backed mortgage loans. Each loan is secured by a mortgage on the underlying real estate asset. The Analyst works closely with senior lending professionals to conduct financial analysis, due diligence, prepare loan recommendations, monitor construction draws, and assist with reporting and portfolio oversight.
What You Will Do:
- Assist with underwriting new construction loans: analyzing project proformas, cash flow forecasts, budget & cost estimates, borrower creditworthiness, exit strategies, LTV (Loan to Value), DSCR (Debt Service Coverage Ratio), etc.
- Prepare loan extensions and loan amendments for existing loans within the portfolio.
- Review third-party reports: appraisals, environmental reports, engineering and soils reports, cost consultant reports, market studies etc.
- Prepare deal summaries to get business support, term sheets for new loans, and commitment letters upon loan approval.
- Monitor construction loans during the building phase: verifying draws vs. budget, reviewing construction progress, monitoring cost overruns, ensuring conditions and undertakings under loan agreements are met.
- Assist in asset management/portfolio monitoring: prepare regular reports on loan performance, project status, risk flagged items.
- Assist with loan valuations and annual reviews: updating assumptions, assessing market trends, rental, or sales comparables.
- Ensure documentation compliance: legal, regulatory, investor guidelines.
- Help with risk assessment & mitigation: identifying key risks, suggesting mitigants in underwriting and during construction as applicable.
- Assist in reporting to senior management: status reports, dashboards.
- Support continuous improvement of processes: standardizing underwriting checklists, improving monitoring tools, etc.
Who You Are:
- Bachelor’s degree in finance, Economics, Real Estate, Accounting, Business, Engineering, or a related field.
- 1-3 years of relevant experience in commercial real estate finance, lending, construction finance, or underwriting.
- Experience with construction lending and/or development financing is a strong asset.
- Exposure to mortgages / loans secured by real estate; experience with project valuations, cost budgeting, borrower metrics.
- Strong financial analysis skills: proformas, understanding of cash flows, sensitivity & scenario analyses.
- Understanding of real estate development process: budgeting, cost estimates, construction draw schedules, etc.
- Familiarity with key financial metrics (LTV, LTC, Residual LTV, DSCR, IRR, etc.).
- Knowledge of loan documentation and legal / regulatory frameworks in real estate lending.
- Attention to detail and accuracy.
- Excellent communication skills, both oral and written ability to prepare clear memos, summaries, and interact with internal & external parties.
- Able to manage multiple tasks/projects under tight deadlines.
- Proficiency in Excel and PowerPoint, PLM, or other real estate systems.
Assets:
- Working towards a CFA designation or similar designation would be ideal.
- Experience with risk management / asset management of real estate loans.
- Familiarity with investor or lender reporting requirements.
- Analytical, problem-solving mindset.
- Ability to work both independently and in a team.
- Contribute to building a collaborative and high-performing team culture and live up to the BGO Culture Code.
- Comfortable with ambiguity, able to identify missing information and push for clarification.
Unique Requirements:
- Office-based role; may require occasional travel to project sites or borrower locations.
- Fast-paced, deadline driven.
- Work closely with team and Principal Non-Core Lending and provide them support as needed.
- Interactions with various stakeholders: legal, construction consultants, borrowers, internal risk, and credit teams.
At BGO, we recognize that each employee’s unique experiences, perspectives, and viewpoints strengthen our ability to create and deliver the best value to our clients, partners, and stakeholders/investors. Therefore, we strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientations, and life experiences to apply to our career opportunities.
BGO is committed to equitable hiring practices, and we welcome the opportunity to discuss accommodation and ensure fairness and equity in our hiring process. If you require accommodation, please email us at accessibility@bgo.com and include: Job posting number, your name and your preferred method of contact.
We thank all applicants for their interest in employment with BGO (Canada) LP, however only those selected for an interview will be contacted.
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.