Real Estate Summer Analyst

Join to apply for the Real Estate Summer Analyst - Canadian Multi‑Family role at Tricon ResidentialFounded in 1988 and headquartered in Toronto, Tricon is one of North America’s preeminent rental housing providers. We develop high‑quality multi‑family portfolios in Canada’s fastest growing cities, with a focus on design excellence, resort‑quality amenities, and community building.Job DescriptionThe Real Estate Summer Analyst supports Tricon’s purpose‑built rental apartment platform through a rotational program across investments, development, and asset management. Applicants will gain hands‑on exposure to all stages of the real‑estate development lifecycle, including evaluation, underwriting, design development, budgeting, and ongoing property performance.Essential Duties and ResponsibilitiesMarket Research & ValuationConduct detailed market analyses on rental trends, absorption, and demographic drivers across key Canadian CMAs. Benchmark comparable assets, rents, cap rates, and construction costs using internal databases and third‑party sources.Portfolio & Asset ManagementSupport preparation of financial and investment reporting packages summarizing project progress, leasing activity, and variance analyses. Contribute to ongoing asset management for projects in development and under construction, including return management and scenario analyses. Identify opportunities for value creation, operational efficiency, and capital improvements across the portfolio.Financial Analysis, Underwriting & ValuationMaintain and develop detailed Excel pro‑formas for multi‑family rental and other residential development projects. Model project cash flows, IRRs, yields, and sensitivity scenarios for acquisition and development opportunities. Support debt and equity financing efforts through loan sizing, covenant modeling, and partner return waterfalls. Assist in preparing valuation materials and investment memoranda for internal decision‑making and Investment Committee review.General Research, Strategic Projects & OtherConduct research on housing affordability, purpose‑built rental policy, and CMHC programs. Track macroeconomic indicators such as interest rates, inflation, and immigration, and assess their implications for the rental housing market. Contribute to RFP/RFQ submissions and partnership proposals with institutional partners. Support ad‑hoc analyses and maintain internal databases to strengthen the firm’s research and investment capabilities.QualificationsDemonstrated interest in real estate investment, development, or urban economics, with evidence through coursework, extracurricular activities, or internships.Strong analytical and quantitative skills; proficiency in Excel and familiarity with valuation and investment analysis concepts (NPV, IRR, sensitivity/scenario modeling).Excellent research, problem‑solving, and critical‑thinking abilities, with attention to detail and intellectual curiosity.Strong written and verbal communication skills; ability to synthesize complex information clearly and concisely.Proven team orientation and interpersonal skills; ability to collaborate effectively in a fast‑paced, professional environment.Self‑motivated, organized, and eager to contribute to a dynamic, high‑performance real‑estate investment platform.Minimum RequirementsEnrolled in an undergraduate program at a top Canadian university.Exceptional academic performance (minimum cumulative GPA of 3.7+ / A‑ or equivalent).Currently in second or third year of study (returning to university in Fall 2026).Pursuing a business, commerce, economics, finance, engineering, mathematics, or other quantitatively oriented discipline.Preferred AttributesProficiency in Microsoft Excel and PowerPoint; experience with financial modeling, data visualization, and presentation preparation.Understanding of Canadian real‑estate markets, particularly residential development in major CMAs (Toronto, Vancouver, Ottawa, Calgary, Edmonton).Employment DetailsSeniority level: InternshipEmployment type: Full‑timeWork schedule: Onsite Monday through FridayPhysical DemandsFrequently required to sit, talk, and hear.Frequently required to stand and move; use hands to grasp, squeeze, push, pull, twist, reach overhead, stoop, kneel, squat, bend, and crouch; occasionally lift, carry, and move up to 10 pounds.Vision abilities required: close, distance, and depth perception.Inclusion StatementWe are committed to fostering an inclusive and accessible recruitment process. If you require accommodations at any stage of the hiring process, please let us know, and we will work with you to meet your needs.About Tricon ResidentialTricon Residential Inc. is an owner, operator, and developer of a portfolio of approximately 38,000 single‑family rental homes in the U.S. Sun Belt and multi‑family apartments in Canada. Our development programs are delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage. At Tricon, we imagine a world where housing unlocks life’s potential. We are committed to creating a workplace where every individual is valued for their unique contributions, experiences, voices, and backgrounds, aiming to positively impact our business and the communities we serve. #J-18808-Ljbffr