Real Estate Debt Valuation Analyst
Company: Altus Group Limited
Posted on: June 7, 2021
Commercial Property Valuation
Opportunity Awaits at Altus Group!
Altus Group is currently looking for a new Real Estate Debt
Valuation Analyst to join our Irvine and/or Los Angeles office. In
this position, you will gain knowledge and experience in the
business of debt valuation and appraisal, appraisal review and
appraisal management for all property types. This is an exciting
opportunity for you to learn the basics of debt and property-level
underwriting, discounted cash flow modeling, and different
structures within the capital stack. You will also learn how to set
up and manage the client workflow process; loan document review,
asset management/client call setup, and additional data requests
from clients. Finally, you will learn how to analyze underlying
collateral financial statements; research sale comparables, apply
adjustments to the subject loans and properties, and build cash
Our analysis includes valuation of debt both as a liability
(mortgage payables) and as an asset (mortgage receivable), working
with institutional commercial property investors and debt
Debt Valuation / Appraisal Management: Learn and handle the
administrative tasks that drive the Altus/client process and
ultimately the relationships; asset management call scheduling,
lender package reviews, asset summary reviews. Learn to complete a
market analysis for a subject property, which includes gathering
and analyzing data about the subject's market and submarket.
Analysts learn to apply judgement and gain knowledge on data
gathering and learn to determine reasonable valuation assumptions
for each deal. This analysis is one of the key components in the
subject's valuation analysis.
Valuation: Learn to prepare discounted cash flow models
primarily using excel and become familiar with ARGUS Enterprise for
underlying collateral valuations. Analysts use factual data
provided by Clients (rent rolls, operating statements, tenant
sales, and various other financial information) on the subject
property to learn the risk associated with underlying collateral
commercial real estate which impacts overall debt valuation. Learn
to read and understand various loan documents including investment
committee memos, loan agreements, promissory notes, etc. as well as
review external third-party collateral appraisal reports.
Incorporate subject property specific adjustments based on
underlying collateral performance and business plan execution.
Capital Markets Analysis: Learn to utilize different research
resources, including Bloomberg, to understand the latest changes in
the capital markets and how they impact the latest loan
originations. Discuss with debt team to gain comprehension of
Federal Reserve commentary and decisions, treasury rate movements,
and loan spread expansion/compression drivers.
- Training and Professional Development: Complete the On-Boarding
Training as outlined by the Professional Development Flight Plan
(Core Competency Training, Trainee Courses (Business Practices and
Ethics & USPAP & Basic Appraisal Principles and Procedures), become
ARGUS Certified; build awareness of Due Diligence for client's
University or college degree in Real Estate, Finance, or related
field preferred but not required, with a minimum 3.5 GPA
Internship experience within the CRE industry is an asset
ARGUS experience is an asset
Proficient with Microsoft Excel (v-lookups, Index/Match, pivot
Exposure to business writing
Strong attention to detail
Ability to proactively communicate (i.e. when behind on
deliverables or seeking assistance)
- Experience working independently and also within a team
environment setting in a professional or academic setting
Come realize your potential at Altus Group!
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 assistance to
accommodate a disability, you may request an accommodation at any
time. Please contact us at firstname.lastname@example.org or .
Keywords: Altus Group Limited, Irvine , Real Estate Debt Valuation Analyst, Other , Irvine, California
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