Expert Details
Real Estate Investment and Development Professional
ID: 738739
Canada
Concurrently, Expert's development experience has afforded him the ability to assess intensification opportunities and value-creation initiatives to achieve above-benchmark returns. In addition to carrying out responsibilities at the property and fund level, he possesses client-facing experience with a range of institutional investors -- and working through the Great Financial Crisis taught him how to respond to cyclical events by mitigating downside risk. He has also formed relationships with many real estate advisors and understand how they work from the inside. Furthermore, he maintains a level of professional credibility as a Chartered Financial Analyst and a Chartered Property Finance and Investment Surveyor.
Expert's skills and knowledge may be of use to clients who want to gain insight into private equity real estate investing and development in Canada.
Education
| Year | Degree | Subject | Institution |
|---|---|---|---|
| Year: 2002 | Degree: BA | Subject: Economics and Political Science | Institution: University of British Columbia |
Work History
| Years | Employer | Title | Department |
|---|---|---|---|
| Years: 2020 to Present | Employer: Undisclosed | Title: Principal | Department: |
Responsibilities:Expert established his own real estate advisory and consulting firm. His responsibilities have included underwriting, deal structuring, due diligence, internal valuations, and presentations to various internalteams; acting as real estate advisor concerning investment and development opportunities for the family’s portfolio; underwriting land acquisition opportunities for purpose-built rental product; and out site reviews and feasibility studies for residential development opportunities. As founder, Expert has filed articles of incorporation, produced proprietary analytical tools and processes, sourced client engagements, prepared year-end corporate tax return, created financial statements, and built the website. C |
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| Years | Employer | Title | Department |
| Years: 2018 to 2020 | Employer: (Undisclosed) International | Title: Development Manager | Department: Development Management |
Responsibilities:Expert chaired design team meetings and delegated tasks required to advance projects. He also led client tea meetings and provided updates on project status, financial analysis, market research, and planning issues. He drew requests and development status reports were submitted monthly.During this time, Expert also managed the consultant team for design reviews, preparation of required reports and studies, and community engagement. He also drafted formal recommendations to the owner on major decisions, such as site concept, heritage conservation strategy, public consultation timing, retention of specific consultants, and tower height. He also reviewed and interpreted various technical documents -- planning, engineering, environmental, and financial -- to identify concerns and opportunities. In this role, Expert researched the rental market for a major city and aspects of the provincial and municipal planning frameworks such as the Local Planning Appeal Tribunal, Core, Tall Building Design Guidelines, and Mid-Rise Performance Standards. |
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| Years | Employer | Title | Department |
| Years: 2012 to 2017 | Employer: Cushman and Wakefield | Title: Manager | Department: Development |
Responsibilities:Expert evaluated over $2 billion in development, redevelopment, intensification, and value-creation projects in the office, retail, and multi-family sectors -- and drafted investment memoranda for senior executive and client approval. In this capacity, he presented development plans to institutional clients and provided in-person updates along with written monthly reports throughout the course of the development life-cycle and approved monthly draws and quantity surveyor reports.Expert created and oversaw financial analysis, project schedules and project/portfolio-level financial projections. He also coordinated and liaised with architects, contractors, and consultants. He also requested information for feasibility studies and periodic updates during development. He conducted property tours for prospective developments and attended site meetings for properties under development. He also led discussions on budget and projected returns. He optimized returns creatively and prudently with analysis of multiple scenarios and identified value-add opportunities for improved performance using Argus software and other proprietary models. Finally, Expert mentored junior analysts by instructing and reviewing work to develop future talent for the organization. |
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| Years | Employer | Title | Department |
| Years: 2006 to 2011 | Employer: LaSalle Investment Management | Title: Senior Financial Analyst | Department: Acquisitions and Asset Management |
Responsibilities:Expert monitored and valued Canadian assets on a quarterly basis using fundamental and relative methodologies, such as discounted cash flows, overall direct capitalization, and sales comparables. He reconciled values with independent appraisals and challenged assumptions based on prevailing market conditions.Expert also performed hold-sell analysis of existing assets to identify opportunities for divestment by reviewing equity multiples and since-inception returns. He forecasted fund-level cash flows to estimate quarterly distributions and reserves for capital needs of existing properties. He advised on disposition timing, and he also participated in the disposition of $300 million in assets as part of the wind-down of Canadian Income & Growth Fund and various separate accounts. Activities included liaising with brokerage teams, reviewing draft investment offering memoranda, performing disposition analysis, and participating in deliberations with senior management. During this time, Expert also analyzed key portfolio metrics for closed-end commingled funds to demonstrate value-add execution and discount rate sensitivity. He provided assessments to senior management and investors. |
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Career Accomplishments
| Associations / Societies |
|---|
| Royal Institution of Chartered Surveyors CFA Institute/CFA Society Toronto |
| Licenses / Certifications |
|---|
| Member, Royal Institution of Chartered Surveyors (Pathway: Chartered Property Finance and Investment Surveyor) Chartered Financial Analyst |
| Professional Appointments |
|---|
| - Senior Advisor, Industry Relations & Corporate Governance Committee, CFA Society Toronto, 2021 – Present - Chair, Industry Relations & Corporate Governance Committee, CFA Society Toronto, 2019 – 2021 - Member, Industry Relations & Corporate Governance Committee, CFA Society Toronto, 2017 – 2019 - Vice Chair, Risk Management & Alternative Investments Committee, CFA Society Toronto, 2015 - 2017 - Member, Risk Management & Alternative Investments Committee, CFA Society Toronto, 2012 – 2015 - Member, Power & Electricity World Africa 2016 Advisory Board, 2015 – 2016 - Judge, Awards of Excellence in Corporate Reporting, 2015 - 2017 |
| Awards / Recognition |
|---|
| 2013-2014 Risk Management & Alternative Investments Committee MVP 2013-2014 Risk Management & Alternative Investments Committee MVP Issued by CFA Society Toronto · Apr 2014 Issued by CFA Society Toronto · Apr 2014 Selected for outstanding contributions to the Risk Management & Alternative Investments Committee during the 2013-2014 season. Selected for outstanding contributions to the Risk Management & Alternative Investments Committee during the 2013-2014 season. 2012-2013 Risk Management & Alternative Investments Committee MVP2012-2013 Risk Management & Alternative Investments Committee MVP Issued by CFA Society Toronto · Apr 2013Issued by CFA Society Toronto · Apr 2013 Selected for outstanding contributions to the Risk Management & Alternative Investments Committee during the 2012-2013 season. |
| Publications and Patents Summary |
|---|
| Expert's work has been published in the following outlets: Canadian Investment Review, FDI Magazine, The Analyst, Benefits Canada, Journal of African Business, The UBC Journal of Political Studies |
Language Skills
| Language | Proficiency |
|---|---|
| English | Native |