Jobs at Altus Group (Now Hiring) — 10 open

Our Valuation, Advisory/Analytics group is adding a new Real Estate Valuation Analyst to our team.  This is a hybrid model position and will be based out of the Chicago office.

You will be part of a collaborative and dynamic team, gaining experience in the business of appraisal, appraisal review and appraisal management for all property types. This is an exciting opportunity for you to get exposure to Valuation across numerous asset types and multiple clients.  You will also learn how to set up and manage the client workflow process and work with the Argus Intelligence Platform.

If you are seeking the chance to learn more about the real estate industry from a global leader where you will have the opportunity to gain a wealth of experience and exposure, and be at the forefront of innovation and CRE technology.

Key Responsibilities:

• Professional development. You will become Argus Certified and have the chance to grow your knowledge within the Commercial Real Estate field.

• Hands-on exposure. You will be part of an organization that works on an exciting range of real estate property projects across the country, a place that is recognized at the top of our industry. You will gain insights into property valuations and appraisals, working collaboratively with a diverse and accountable team as we deliver for our clients. You will be mentored by senior staff on your team, gaining exposure and insights into a wide range of projects with the chance to work on many different asset types.

• Appraisal management. You will learn and apply the administrative tasks that drive the Altus - client process appraisal process and gain insights into the market analysis and valuation of client properties. You will contribute to Argus Intelligence Platform setup, scheduling calls, drafting engagement letters between clients and third-party appraisers. 

• Prepare and review cash flow models. Learn to prepare and review 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.

• 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 valuation assumptions. Analysts learn to apply judgment and gain knowledge on data gathering and learn to determine reasonable valuation assumptions such as market rent, market rent growth, investment yields, etc. This analysis is key to understanding asset value.

• Appraisal Review: Learn to review third-party 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.

• Participate in training. You will complete On-Boarding Training (Core Competency Training, Business Practices and Ethics & USPAP & Basic Appraisal Principles and Procedures) and become ARGUS Certified.

Key Qualifications:

• A Bachelor's degree in Real Estate, Finance, Economics, Accounting, or a related field; potential exposure to the CRE industry through internships.

• Strong skills in business writing, research, quantitative and analytical skills to complete an end-to-end appraisal review. You are proficient Excel (x-lookups, pivot tables, DCF models); familiarity with ARGUS Enterprise is a plus.

• Proactive, resourceful, and committed to continuous learning and certification.

• Effective communication, collaboration, and the ability to convey technical information to non-technical stakeholders.

• Willingness to work outside regular hours.