Commercial Real Estate Appraisal Analyst

**Job Category**:
Valuations & Appraisals

**Pay Grade Range**:
$37,950.00 - $88,550.00
**Disclaimer**: The base salary range represents the low and high end of Altus Group’s “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 Group’s total compensation for employees. Other rewards may include an annual bonus, flexible work arrangements, and region-specific benefits.

**Unlock your Altus Experience**

If you’re looking to advance your career in data analytics, expertise, and technology for the rapidly growing global CRE market, there’s 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 people-centric culture empowers you to deliver in a high trust, high performance culture, surrounded by an inclusive team that’s 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**:
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 New York 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 different asset types. You will also learn how to set up and manage the client workflow process and work with Argus ValueInsight.

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 take advantage of the opportunity to build your network, come join us

**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, fostering relationships with internal team members and 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.
- _ Prepare cash flow models. _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 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. Additionally, you will build awareness of Due Diligence for clients’ acquisitions.

**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.

**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 indus