Analyst, Advisory (Real Estate Valuation)

Job title: Analyst, Advisory (Real Estate Valuation)

Company: Altus Group

Job description: Job Category: Valuations & AppraisalsPay Grade Range: $46,800.00 – $109,200.00Disclaimer: The base salary range represents the low and high end of Altus Group’s “Pay Grade Range” for this position in the primary work location. Actual hiring salaries will vary depending on factors including but not limited to work experience, and geographic market data for the role. The Pay Grade Range listed above does not reflect Altus Group’s total compensation for employees. Other rewards may include an annual bonus, flexible work arrangements, and region-specific benefits.Unlock your Altus Experience!If you’re looking to advance your career in data analytics, expertise, and technology for the rapidly growing global CRE market, there’s no better place than Altus Group. At Altus, our work is purposeful. Every day, our employees drive impact, innovate, and shape the global commercial real estate (CRE) and PropTech industry.Our people-centric culture empowers you to deliver in a high trust, high performance culture, surrounded by an inclusive team that’s collaborating to modernize our industry. We invest in our people with training and growth opportunities designed to propel you further in your career while providing a flexible and progressive workplace that reflects our values and teams.Job SummaryAltus Group is currently looking for a Real Estate Advisory Analyst to join our US Investment Managed Service team based out of Seattle, Washington (USA). (It is hybrid role, the location will be home office – Seattle, Washington, but the person will be in the shared office space 2 days a week, and also will be working with the broader teams located in different locations remotely). In this position, you will gain knowledge and experience in the business of investment managed services, appraisal, appraisal review, appraisal management, and financial due diligence for all property types. Learn the basic sub-property type attributes and how location and market trends impact rent and expenses. Learn how to setup and manage the client workflow process, data requests from appraisers and clients. Learn how to analyze an Income and Expense statement; research sale and lease comparables and apply adjustments to the subject property; read leases to understand tenant recovery structures; and build cash flows.Key Responsibilities

• Investment Managed Services: Learn and work with the team to support institutional client’s acquisitions, asset management and lending needs for their commercial real estate portfolios.
• Analysts will assist with ARGUS Enterprise model audits and maintenance, lease reviews and abstracting, preparation of acquisition memorandum, financial due diligence, market analysis, hold / sell analysis, variance to budget analysis, valuation analysis, loan stress testing and reviews, loan covenants reviews and abstracting.
• Appraisal Process: Get familiarized with the process of and why we are doing what are doing at Altus.
• Conduct market analysis for the subject property, which includes gathering and analyzing data about the subject’s market and submarket and determining market rent based on recent leases at comparable properties and the subject’s recent leasing.
• Gather data and apply judgement to determine reasonable valuation assumptions such as market rent and market rent growth.
• Appraisal: Learn to prepare cash flow models using ARGUS Enterprise. Analysts use factual data provided by Clients (rent rolls, operating statements, tenant sales, and various other financial information) on the subject property to assist with the preparation of cash flow models., Learn the Sales Comparison and Cost approaches and compile the appraisal reports.
• Appraisal Review: Support the reviews of third party appraisal reports as part of the valuation management process, which includes reviewing the ARGUS Enterprise cash flow model for factual and market assumptions, reviewing the appraisal reports, and comparing the valuation metrics to the benchmark data.
• Learn to use (of) best judgement and knowledge to determine the reasonableness of the valuation and ensure that the appraisal reports are in compliance with USPAP and State regulations.
• Financial Due Diligence: Learn to audit and underwrite cash flow models of all commercial real estate asset classes for transactions. Analysts will advise clients, including Private Equity firms, Investment Banks and REITS, on buyside acquisitions by providing cash flow modeling and a better understanding of critical deal issues.
• Audit financial models in Excel and AE. Build financial models for CMBS loan underwriting. Analyze tenant health ratios for buyside retail acquisition underwriting. Audit expense recovery models. Review historical income and expenses for pro forma forecasting. Abstract tenant leases and summarize key tenant clauses with potential cash flow impacts.

Key Qualifications

• University or college degree in Real Estate, Finance, Economics or related field
• Working knowledge of Excel (v-lookups, pivot tables)
• Exposure to business writing
• Ability to pro-actively communicate (i.e. when behind on deliverables or seeking assistance)
• Experience working independently or within a team environment setting in a professional or academic setting
• Previous experience or internship within the CRE industry is preferred

What Altus Group offers:

• Rewarding performance: We are pleased to be able to provide employees competitive compensation, incentive and bonus plans, and a total rewards package that prioritizes their mental, physical and overall financial health.
• Growth and development: As a destination for top industry talent, we’re investing in you to meet the evolving needs of our clients and deliver on your professional goals. Our Altus Intelligence Academy offers over 150,000 hours of learning materials catering to diverse stages of an employee’s career journey.
• Flexible work model: We’re modernizing our employee programs to reflect the new world of work. Our Activity-Based Work model provides you with flexibility to align your work location to the work being performed – office for connecting and collaborating, and remote for focused work.

Altus Group is committed to fostering an inclusive work environment where all clients and employees feel welcomed, accepted and valued. We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.Applicants with disabilities may contact Altus Group to request and arrange for accommodations. If you need accommodation, please contact us at or +1 888 692 7487.We appreciate all applicants who take the time to apply to Altus Group. Please note that only those who are selected to move forward in the process will be contacted. Thank you.

Expected salary: $46800 – 109200 per year

Location: Seattle, WA

Job date: Wed, 15 Jan 2025 07:59:45 GMT

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