VAS - Institutional Funds Manager

Overview

Prepare and manage real estate valuation appraisals for institutional clients.

Key Responsibilities

• market research
• valuation
• appraisal report
• project coordination
• client management
• compliance

Tasks

-Research and analyze property information by collecting, verifying, and analyzing data regarding inventory of similar properties, sales and listings, vacancies and offerings, absorption rates, demand studies, social, economic, governmental, and environmental characteristics, restrictions, encumbrances, covenants, contracts, declarations, special assessments, ordinances, cost and depreciation, income/expense and capitalization rate, history of ownership, and use of the property; conducting analyses and studies, e.g., land utilization, supply and demand, economic feasibility, highest and best use, marketability, development, litigation support; searching databases; inspecting property; interviewing people in a position to understand the property. -Resolve valuation method by selecting approach and techniques for valuing property, i.e., cost, direct sales comparison, and income capitalization; identifying property characteristics and attributes. -Identify value to be estimated by studying appraisal request, problem to be solved, and scope of the project, such as, mortgage financing, insurance replacement cost calculation, estate valuation, tax appeals, equitable distribution, corporate employee relocation, investment, or sale. -Chip in to overall organizational goals by adding to database, setting up a library, specializing in unique real estate markets, mentoring junior team members, and engaging in client development. -Prepare appraisal report by describing physical and economic property characteristics, appraisal procedures used, and information analyzed; disclosing extraordinary assumptions, and hypothetical and limiting conditions; communicating supportive reasoning. -Run daily workflow of all appraisal related assignments with assistance Analysts/Consultants and oversight from Directors. Ensures client specific requirements on appraisal assignments are being met. -No formal supervisory responsibilities in this position. Coordinates and assigns tasks to co-workers within a work unit and/or project team. Leads project teams and/or plan, and coordinate assignments of lower level employees. May have responsibility for identifying training needs, tracking performance, coaching, and motivating a group. -Update job knowledge by following current real estate values and property development potential, including land use restrictions; participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations for the purpose of conducting accurate appraisals. -Decisions made with thorough understanding of procedures, company policies, and business practices to achieve general results and timelines. Responsible for setting work unit and project timelines. Errors in judgment may cause short-term impact to department. -Maintain organizational reputation by conforming to the Uniform Standards of Professional Appraisal Practice (USPAP); keeping information confidential.

Requirements

• argus
• excel
• mai
• bachelor's
• communication
• valuation

What You Bring

-Requires average knowledge of financial real estate terms and principles. Complete understanding of approaches to value of real estate. -Must have General State Certification/License. MAI designation preferred. -Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information. -Bachelor's degree required. Master’s degree preferred. A minimum of (8-10) years commercial appraisal experience for institutional clients. -Ability to comprehend, analyze, and interpret documents. Ability to solve problems involving several options in situations. Requires strong analytical and quantitative skills. -Must be proficient in Argus, MS Word and MS Excel. Excellent writing skills.

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About Cbre

-Specializes in property leasing, investment management, and advisory services across global markets. -Serves a diverse client base ranging from major corporations and institutions to small businesses and individual investors. -Handles a wide array of projects, including office buildings, mixed-use developments, retail centers, and industrial parks. -Known for its innovative use of technology and data to drive real estate decisions. -Operates across various sectors, with significant expertise in healthcare, retail, and logistics. -Involved in landmark deals, such as multi-billion dollar real estate transactions and major urban redevelopment projects.

Sector Specialisms

Visa Sponsorship

-no visa sponsorship; candidates must already be authorized to work in the u.s.