Richardson Wealth’s Francis Sabourin welcomes Aly Damji, Managing Partner of Real Estate at Forum Asset Management to discuss the recent acquisition of Alignvest Student Housing REIT by Forum’s Real Estate Income and Impact Fund (REIIF), making the fund a leading owner of purpose-built student accommodations (PBSA) in Canada. Aly will share his insights on the student housing investment landscape and how investors can participate in an asset class offering attractive risk-adjusted returns.
Virtual
Portfolio Manager & Investment Advisor
Richardson Wealth
Managing Partner, Real Estate
Forum Asset Management
Portfolio Manager & Investment Advisor
Richardson Wealth
Financial Planner and Portfolio Manager, Francis Sabourin, Director, Wealth Management at Richardson Wealth, was awarded the Distinguished Advisor Award (prix Conseiller émérite) for the year 2016 by the publication Finance et Investissement, highlighting the good performance of his portfolios, both equal to or higher than the benchmarks, while minimizing the risks, thereby focusing on good capital protection. The Advisor of the Year Award is designed to recognize an advisor with at least 20 years of experience, who has marked the financial industry with a unique and remarkable practice. Francis celebrated 25 years of practice on October 5, 2017.
Managing Partner, Real Estate
Forum Asset Management
As Managing Partner, Real Estate at Forum Asset Management, Aly leads Forum’s largest business. This includes a $3B+ development pipeline with over 4,500 units of student housing and multi-family apartments, as well as Forum’s flagship fund the Forum Real Estate Income and Impact Fund (REIIF), valued at $2.4M and holds over 4,200 rental housing units including over 10,000 beds.
Before joining Forum, Aly served as the Executive Vice President of Investments & Asset Management at Hullmark, a private urban real estate investor and developer in Downtown Toronto and was instrumental in the firm’s AUM growth by 15x to $1B in 7 years. During his tenure, Aly led partnership formations with Sun Life Investment Management, First Capital REIT and OCAD University.
Over the course of his career, Aly has developed experience in all major real estate asset classes and has been involved with principal investments valued at more than $6 billion. He has also led a variety of functions including investments, development, asset management and operations.
In addition to his professional experience, Aly has been involved in a number of board positions and advocacy roles. He was the President of the NAIOP Greater Toronto Chapter in 2022, one of the commercial real estate industry’s largest advocacy groups, and served as a board member for 6 years. Aly currently serves as a member of OCAD University’s Board of Governors, Physical Resources and Capital Assets Committee (“PRCAC”) and the Joint Board and Senate Liaison subcommittee.
Event Registration Closed
Event Registration Closed