Associate, Valuations
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Job Location:
Chicago, IL - USA
Yearly Salary:
$ 95000 - 125000
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Who We Are
Revantage a Blackstone Real Estate portfolio company is a global provider of corporate services.
With a corporate purpose of In Pursuit of Better Revantage delivers value-added services and world-class talent for Blackstone Real Estate portfolio companies spanning diverse asset classes including residential logistics office hospitality and retail sectors. Headquartered in Chicago the companys footprint extends across North America Europe and Asia Pacific.
Rooted in a commitment to collaboration and inclusivity Revantage goes beyond traditional corporate services and acts as a trusted partner. Across offerings that include finance technology human resources and operations Revantage proactively anticipates stakeholder needs recruits exceptional talent and enables its business partners to thrive.
What We Value: Our Culture
Our people are our most important asset enabling Blackstone portfolio companies and investments to scale and thrive. Together we foster a workplace where everyone can be themselves enabling them todo their best work.
At Revantage we have exceptional people who live our values and help us pursue better every day. We offer dynamic and meaningful work competitive compensation benefits and flexibility. We listen and take action to ensure our organization evolves to reflect our employees voices and support an inclusive culture.
Our demonstrated commitment to our people and collaborative culture have earned us numerous awards as a top employer.
Our culture is built on our shared core values and commitment to be:
- Learners We learn from our challenges and successes
- Leaders We commit to continuous improvement
- Enthusiasts We face challenges with optimism and believe anything is possible
- Achievers We expect high standards for ourselves and enable the success of our teams
- Partners We deliver value and positive impact to our partners
Grow your career with us. As a member of our team youll gain hands-on experience in the real estate industry and benefit from a supportive environment that fosters personal and professional growth.
The Associate - Valuations and Portfolio Reporting will provide valuation and analytical support and performance reporting for Blackstone Revantage and the portfolio companies senior management. This position is based out of Revantages office in Chicago IL
How You Add Value
Provide portfolio analytics summaries and property-level performance reporting to Blackstone and portfolio company management teams
Analyzing investment data in Excel and making detailed inferences or attributions
Assessing complex Excel models for opportunities to make efficiency improvements.
Leveraging technology to improve efficiency and/or reduce the complexity of excel models
Prepare presentations and investment summaries for Blackstone Revantage and portfolio company management teams
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
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 valuation model process with Blackstone stakeholders and revise valuation analytics model based on feedback
Coordinate with and support the Blackstone team in its work with its auditor to respond to questions and provide supporting documentation
Support the monthly and/or quarterly valuation advisor process
Provide analytical and valuation support for property investments including preparing leasing operating capital and financing analyses
Effectively obtain property information from various source systems (MRI Yardi etc.) and build data quality mechanisms to ensure integrity of information
Manage and maintain robust excel based cash flow models populated by Argus models and/or other data sources
Build and maintain effective control processes to monitor and track changes in the assumptions of valuation models
Perform other duties as requested
What You Bring To The Role
Required:
Bachelors degree in accounting finance or a business-related field
Minimum 3 years of real estate valuation or underwriting experience
Strong financial modeling/data management skills
Ability to work with complex excel workbooks
Argus Enterprise experience is preferred
Excellent communication problem solving and interpersonal skills necessary
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
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
Preferred:
Experience supporting institutional real estate investors or private equity backed portfolios
Prior exposure to multiasset or diversified portfolios (industrial office or net lease preferred)
Familiarity with quarterly valuation cycles and recurring management or investor reporting
Experience processing and analyzing portfolio datasets including comfort working with structured data across multiple sources; familiarity with tools such as Power Query Python or similar dataanalysis tools
Progress toward or completion of CFA CPA or MAI (or intent to pursue)
Base Compensation Range:
$95000.00 To $125000.00 Annually. This represents the presently-anticipated low and high end of the Companys base compensation range for this position. Actual base compensation range may vary based on various factors including but not limited to location and experience.Total Direct Compensation: This job is also eligible for discretionary bonus and incentive compensation on an annual basis.
Benefits: The Company provides a variety of benefits to employees including health insurance coverage retirement savings plan paid holidays and paid time off (PTO).
The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans policies practices agreements or other materials or documents as in effect from time to time including but not limited to terms and conditions regarding eligibility.
Please review the job applicant privacy notice here.
Perks for You
Competitive salary overall compensation and 401(k)
Work-life balance offerings include:
Hybrid Work Policy
Productivity Hours weekly meeting-free work time
Summer Fridays
Work From Anywhere Month
In-house and external learning & development opportunities
Generous health insurance and wellness benefits
EEO Statement
Revantage is an equal opportunity accordance with applicable law we prohibit discrimination against any applicant employee or other covered person based on any legally recognized basis including but not limited to: veteran status uniformed servicemember status race color caste immigration status religion religious creed (including religious dress and grooming practices) sex gender gender expression gender identity marital status sexual orientation pregnancy (including childbirth lactation or related medical conditions) age national origin or ancestry citizenship physical or mental disability genetic information (including testing and characteristics) protected leave status domestic violence victim status or any other consideration protected by federal state or local law. We are committed to providing reasonable accommodations if you need an accommodation to complete the application process please email
Required Experience:
IC
