Analyst, Commercial Real Estate Valuation

Partner Valuation Advisors LLC•Phoenix, AZ
•Hybrid

About The Position

Partner Valuation Advisors (PVA) is actively hiring professionals to meet the increasing demands of their client base. Founded by nationally respected industry veterans, PVA is blazing a new trail in the valuation industry with the commitment to provide a better experience for our clients and our employees. They offer the excitement of a startup with the stability of an industry-leading parent company, and a culture that values innovation and fun. The role involves conducting thorough research and financial analysis for various types of commercial real estate assets. Specifically, the Analyst will conduct research and interviews to understand the local market, conduct a supply and demand analysis, prepare revenue and expense forecasts, and use models to derive a value under supervision. The analyst will also maintain the property database with sale and lease comparables, as well as help prepare appraisal reports with assistance from senior valuation professionals. This role is best suited for individuals with a strong interest in real estate appraisal and a desire to build a long-term career in the appraisal industry. While PVA welcomes applicants from a variety of academic backgrounds, those studying Real Estate, Business, or related fields tend to align most closely with the nature of the work.

Requirements

  • Strong communication, written, and organizational skills
  • Strong attention to detail
  • Ability to self-manage multiple projects at once
  • Ability to work independently and as a member of a team
  • Strong Computer Skills, including the Microsoft Word and Excel
  • Strong Microsoft Excel skills, including the ability to navigate spreadsheets efficiently, edit formatting/worksheets, and efficiently enter/manipulate data
  • Ability to work in office at least 2-3 times per week
  • Ability to communicate as necessary if working remote
  • Must be able to communicate clearly in person, over the telephone and via emails
  • Visual acuity adequate to perform job duties, including reading information from printed sources and computer screen
  • Reliable internet connection
  • Ability to work with privacy
  • Quiet background for making frequent phone calls

Nice To Haves

  • Major or minor in Real Estate, Business, or Accounting. Other majors are welcome to apply, especially if they demonstrate a strong interest in real estate appraisal
  • Previous real estate appraisal courses completed
  • Argus experience preferred
  • Experience in conducting research through county records, GIS mapping, Costar, LandVision, NIC MAP, or other related industry software
  • An interest, or curiosity, in pursuing a career in appraisal
  • Curiosity to continue learning and developing in education and skillset
  • Interest in advancing the appraisal industry through culture, technology, and innovation
  • Willingness to engage in communication, including phone-based research and interviews with market participants
  • Persistence in tackling complex tasks and learning through doing
  • A coachable mindset and openness to iterative learning

Responsibilities

  • Learn and understand the market fundamentals of the team’s industry
  • Conduct market and property research through market participant surveys
  • Database entry of sale, rent, lease and income & expense comparables
  • Comparison analysis of rent, lease and sale comparables
  • Analyze rent rolls and leases
  • Analyze historical financial performance
  • Analyze cash flows using a discounted cash flow analysis
  • Value real estate assets
  • Take professional education classes towards appraisal licensure

Benefits

  • Continuing education and professional development
  • Team Activities
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