Sr. Associate, Valuations

Description

• Support activities related to obtaining external 3rd party asset appraisal values; provide required materials to appraisers and review appraisal outcomes and underlying assumptions
• Support the preparation of monthly and/or quarterly property valuation models and portfolio analytics for various asset classes
• 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
• Support the monthly and/or quarterly valuation advisor process
• Effectively obtain property information from various source systems (MRI, Yardi, etc.) and build data quality mechanisms to ensure integrity of information
• Provide analytical and valuation support for property investments, including preparing leasing, operating, capital and financing analyses
• Gather and report on market intelligence including recent sales data and prevailing market conditions
• Provide management reporting for pertinent financial details and support for assumptions contained in valuation models
• Provide portfolio analytics summaries and property-level performance reporting to Blackstone and portfolio company management teams
• 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
• Manage and maintain robust excel based cash flow models populated by Argus models and/or other data sources
• Prepare presentations and investment summaries for Blackstone, Revantage, and portfolio company management teams
• 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 valuation model process with Blackstone stakeholders and revise valuation model based on feedback

Requirements

• Travel required (including to New York City)
• 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
• Strong computer skills
• A strong work ethic and desire to thrive in a dynamic and demanding work environment
• Excellent communication, problem solving, and interpersonal skills necessary
• 5-7 years of real estate valuation or underwriting experience
• Bachelor’s degree in accounting, finance or a business-related field
• 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

Benefits

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

Training + Development

Interview process

Visa Sponsorship

Security clearance