Sr. Associate, Valuations

Overview

Provide valuation, analytical support and performance reporting for real estate assets

Key Responsibilities

• valuation models
• excel modeling
• data integration
• portfolio analytics
• market intelligence
• performance reporting

Tasks

-Coordinate with and support the Blackstone team in its work with its auditor to respond to questions and provide supporting documentation -Build and maintain effective control processes to monitor and track changes in the assumptions of valuation models -Review third-party reports, loan documents, commission appraisals, market studies, and other pertinent real estate documents with the goal of abstracting relevant and actionable data for valuations -Support the preparation of monthly and/or quarterly property valuation models and portfolio analytics for various asset classes -Support the monthly and/or quarterly valuation advisor process -Gather and report on market intelligence including recent sales data and prevailing market conditions -Support activities related to obtaining external 3rd party asset appraisal values; provide required materials to appraisers and review appraisal outcomes and underlying assumptions -Provide analytical and valuation support for property investments, including preparing leasing, operating, capital and financing analyses -Provide management reporting for pertinent financial details and support for assumptions contained in valuation models -Manage and maintain robust excel based cash flow models populated by Argus models and/or other data sources -Provide portfolio analytics summaries and property-level performance reporting to Blackstone and portfolio company management teams -Support the valuation model process with Blackstone stakeholders and revise valuation model based on feedback -Prepare presentations and investment summaries for Blackstone, Revantage, and portfolio company management teams -Effectively obtain property information from various source systems (MRI, Yardi, etc.) and build data quality mechanisms to ensure integrity of information -Work with portfolio companies to maintain a portfolio of Argus files keeping the data current by proactively sourcing periodic updates for newly executed leases, changes in market leasing assumptions, and adjustments to other income, operating expenses, and capital expenditures

Requirements

• bachelor's
• computer skills
• real estate
• problem solving
• communication
• travel

What You Bring

-Bachelor’s degree in accounting, finance or a business-related field -Travel required (including to New York City) -Strong computer skills -Must be a motivated self-starter with strong team leadership and problem-solving skills, the aptitude to think independently, and the motivation to work with a team in a rapidly changing environment -A strong work ethic and desire to thrive in a dynamic and demanding work environment -5-7 years of real estate valuation or underwriting experience -Ability to multi-task and manage shifting priorities and deadlines, with attention to detail and an ability to work both independently and in a team environment -Excellent communication, problem solving, and interpersonal skills necessary

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Benefits

-Work-life balance offerings include: -In-house and external learning & development opportunities -Competitive salary, overall compensation, and 401(k) -Hybrid Work Policy -Work From Anywhere Month -Productivity Hours – weekly meeting-free work time -Summer Fridays -Generous health insurance and wellness benefits

About Revantage, A Blackstone Portfolio Company

-Bolsters its U.S. presence with major offices in Chicago and a growing hub in Dallas. -Uniting fragmented back-office functions under one roof. -Typical projects include diligence, accounting, risk, reporting and people-and-culture programs. -Brings centralized expertise in tax, treasury, insurance, and strategic initiatives to real-estate deals.

Sector Specialisms