Real Estate Valuations Senior Associate

BTVK Advisory is a leading advisory firm whose specialized professionals guide clients through an ever-changing business world helping them win now and anticipate tomorrow. BTVK Advisory and its affiliated entities have operations in North America South America Europe Asia and Australia. BTVK Advisorys ultimate parent entity Baker Tilly US LLP is an independent member of Baker Tilly International a worldwide network of independent accounting and business advisory firms in 141 territories with 43000 professionals and a combined worldwide revenue of $5.2 billion.

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Responsibilities:

• Analyze and interpret entity portfolio and property-level financial data including historical performance and forecasts to support valuation and advisory engagements.
• Develop and review Argus Enterprise models and Excel-based valuation models for commercial real estate assets including office industrial retail multifamily hospitality self-storage medical office senior housing and data center properties.
• Conduct economic market industry and property-level research to assess factors impacting real estate values and investment decisions. Utilize market research databases including CoStar Green Street RCA Analytics REIS and other industry resources to support valuation conclusions and market analyses.
• Develop customize and maintain valuation models using methodologies such as discounted cash flow direct capitalization sales comparison and cost approaches.
• Perform purchase price allocation analyses under ASC 805 including valuation of tangibles and intangible components. Perform fair value analyses under ASC 820 including assessment of market participant assumptions highest and best use considerations and application of income market and cost approaches.
• Prepare and review valuation analyses supporting workpapers and client deliverables to ensure accuracy consistency and compliance with professional standards.
• Perform detailed reviews of third-party appraisals and valuation reports evaluating assumptions methodologies discount rates capitalization rates terminal capitalization rates market data and compliance with applicable valuation standards and accounting guidance. Provide technical observations recommendations and audit support documentation to engagement teams.
• Review work performed by Associates provide technical guidance and coaching assist with onboarding and training initiatives support quality control processes and contribute to the professional development of junior team members.
• Stay current on valuation methodologies accounting guidance and real estate market trends through continuing education professional development and independent research.
• Prepare and review audit review memoranda valuation reports technical summaries and client deliverables ensuring consistency between valuation models supporting documentation and final conclusions.

Qualifications:

• Bachelors degree required.
• Minimum 3 years of experience in real estate valuation appraisal audit support reviews financial reporting valuations transaction advisory services real estate consulting or related valuation disciplines.
• Demonstrated analytical problem-solving organizational interpersonal project management and communication skills required
• Ability to provide exceptional client service demonstrate commitment to continuous learning display appropriate ethical knowledge and commitment and exhibit a sense of urgency and commitment to quality and the timely completion of duties
• Strong Microsoft Excel skills are required along with preferred strong writing abilities and availability to travel for client-related work.
• Experience performing real estate valuations appraisal reviews audit support engagements purchase price allocations ASC 820 fair value analyses or real estate advisory engagements preferred.
• Experience with Argus Enterprise CoStar and other commercial real estate research and valuation platforms preferred. Ability to develop review and analyze property-level cash flow models is highly desirable.