Vice President, Investments Jobs

Spira Equity Partners (“Spira”) is a real estate investment firm with offices in Vancouver, B.C. and Seattle, WA. We are committed to creating lasting social impact through our investments in the U.S. multifamily sector. Spira manages approximately US$550 million of assets owned through its private funds on behalf of our investors.

Our firm culture is unique. Our team members are entrepreneurial, passionate self-starters, and motivated by natural curiosity. The firm prides itself on providing growth opportunities and is committed to the development of our people through challenging work assignments and interaction across a diverse range of divisions within the firm. Our team of high-performers is collaborative as cooperation is critical to achieving our goals.

Job Summary

Spira is seeking a Vice President to join the Investments team at the firm. The Vice President role will support the Managing Partners in the identification, evaluation, recommendation and full execution of real estate transactions. The successful candidate will be passionate, curious and highly-adaptable to a fast-paced and dynamic environment where organization and prioritization skills are paramount. The role will work closely with senior team members across the firm.

Key Responsibilities

This is a rare opportunity to join a fast-growing investment firm in Vancouver managing a series of private real estate funds. Key responsibilities will include:

Origination

• Support the implementation of the overall fund and transaction strategy

• Lead research to support the development of investment strategies or identify transaction opportunities. Conduct fundamental property and industry research.

• Screen and evaluate new investment opportunities. Support the investment thesis and identification of value creation strategies and assist in developing ideas for a transaction / deal structure

• Develop new investment ideas

• Network to expand business development opportunities

Due Diligence

• Lead the full due diligence process, inclusive of working with operating teams, to validate the business case for an acquisition and identify key transaction issues and risks

• Oversee income, balance sheet, and cash flow statements modelling and valuation and analysis prepared by junior colleagues

• Presentation of deals and recommendations, including coordination and preparation of materials and analysis, to internal investment committees and third-party investors

• Prepare other documents such as bid letters

Execution

• Working with finance, tax, asset management and other internal teams, lead the transaction execution process, including ensuring transaction documentation and structuring are consistent with the business case

• Support the negotiation of purchase and sale agreements and other business contracts with counterparties

• Lead junior colleagues in all stages of a transaction’s life cycle, collaborating with internal functional partners and business group leads as well as interfacing with counterparties and external advisors

Asset Management

• Work with the firm’s internal asset management leaders on execution of the investment business plan and other strategic initiatives

• Monitor ongoing financial and operational performance of investments, noting that Spira employs standalone finance, tax, asset management professionals to handle regular reporting functions

Leadership

• Manage, coach and develop talent by leading, overseeing and coaching junior investment professionals. Provide constructive and timely feedback to ensure quality team outcomes.

• Represent Spira externally and be a strong ambassador for the firm both locally in the Vancouver finance and real estate community and within the U.S. markets where we conduct business

Experience and Qualifications

• 8+ years of total professional experience across buy-side investments, investment banking, inhouse M&A/corporate development, management consulting, Big4 corporate finance;

• 2+ years of buy-side investment experience would be an advantage, although not strictly required;

• Able to lead junior investment professionals throughout the full cycle execution of a transaction;

• Strong attention to detail with superior financial modelling and due diligence capabilities;

• Strong negotiation and relationship management skills with internal and external stakeholders;

• Organized and detail-oriented; ability to work independently in situations with changing priorities and multiple simultaneous assignments;

• Excellent verbal and written communication; experience presenting complex analyses to senior leaders in a clear and concise manner

Location

Vancouver, BC, Canada

Should this posting resonate with you and you feel you may be an appropriate fit for this position, please send us your resume to: [email protected] with subject line: Vice President, Investments.

Thank you for your interest.