Analyst, Advisory (Hybrid - Tysons Corner)
Analyst, Advisory (Hybrid - Tysons Corner)
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$ 46800 - 109200
1 Vacancy
Job Description
Job Category:
Valuations & AppraisalsPay Grade Range:
$46800.00 $109200.00Disclaimer: The base salary range represents the low and high end of Altus Groups 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 Groups total compensation for employees. Other rewards may include an annual bonus flexible work arrangements and regionspecific benefits.
Unlock your Altus Experience!
If youre looking to advance your career in data analytics expertise and technology for the rapidly growing global CRE market theres 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 peoplecentric culture empowers you to deliver in a high trust high performance culture surrounded by an inclusive team thats 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 Summary:
Altus Group is looking for a new Real Estate Valuation Analyst to join our Tysons Corner Virginia office in our Valuation Advisory Altus Analytics division. In this position you will gain knowledge and experience in the business of appraisal appraisal review and appraisal management for all property types. This is an exciting opportunity for you to learn the basic property types and how location and market trends impact values. You will also learn how to analyze an income and expense statement research sale and lease comparables read leases to understand tenant recovery structures and build cash flows.
Key Responsibilities:
Appraisal:Analysts learn the process and why we are doing what we are doing at Altus. Learn to prepare a market analysis for a property which includes gathering and analyzing data about the market and submarket and determining market rent based on recent leases at comparable properties and at the subject. Analysts learn to apply judgment and gain knowledge on data gathering and learn to determine reasonable valuation assumptions such as market rent and market rent growth. This is one of the key components in a valuation analysis.
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) to learn the preparation of cash flow models.
Learn to prepare the Sales Comparison and Cost approaches for an appraisal report which includes researching recent sale transactions and completing a replacement cost estimate using Marshall and Swift data.
Appraisal Review: Learn to review thirdparty 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 the use of best judgment and knowledge to determine the reasonableness of the valuation and ensure that the appraisal reports comply with USPAP and state regulations.
Appraisal Management: Learn and handle the administrative tasks that drive the Altus/client process and ultimately the relationships: quarterly DataExchange Setup appraiser/client call scheduling quarterly invoicing and engagement letter organization between clients and thirdparty appraisers.
Training and Professional Development: Complete the OnBoarding Training as outlined by our Professional Development Flight Plan (Core Competency Training and Trainee Courses Business Practices and Ethics & USPAP & Basic Appraisal Principles and Procedures) and become ARGUS Enterprise Certified.
Key Qualifications:
University or college degree in Real Estate Finance or related field with a minimum 3.0 GPA
Internship experience within the CRE industry is an asset
ARGUS Enterprise certified is an asset
Working knowledge of Excel (vlookups pivot tables)
Exposure to business writing
Ability to proactively 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
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 were investing in you to meet the evolving needs of our clients and deliver on your professional goals. Our Altus Intelligence Academy offers over 150000 hours of learning materials catering to diverse stages of an employees career journey.
- Flexible work model: Were modernizing our employee programs to reflect the new world of work. Our ActivityBased 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 pleasecontactusat or 1 .
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.
Required Experience:
IC
Employment Type
Full-Time
