What are the responsibilities and job description for the Sr. Associate, Valuations position at Revantage, A Blackstone Portfolio Company?
Who We Are
Revantage is a Blackstone Company that provides a highly skilled employee base, best-in-class processes, and state-of-the-art technology to multiple Blackstone real estate portfolio companies. Sectors include Hospitality, Industrial, Multi-Family, Office, Retail, Senior Housing, and Manufactured Homes.
Revantage, headquartered in Chicago, is one of three global offices that includes Revantage Asia and Revantage Europe.
What We Value: Our Culture
Creating a Culture That Inspires Change And Momentum Require The Right Team. We Know What It Takes To Lead An Industry, And Are Looking For Leaders Who Seek Constant Growth, Want To Excel, And Continuously Improve Upon Themselves And The Industry. The Culture At Revantage Is Built On Our Shared Core Values And Commitment To Be
The Sr. Associate, Valuations will provide analytical support and performance reporting for Blackstone, Revantage and the portfolio companies’ senior management. This position is based out of either Dallas, TX or Chicago, IL and will focus on valuations.
How You Add Value
Support Creation and Management of Asset Valuation Models
What You Bring To The Role
Revantage is an equal opportunity employer. In 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 talent@revantage.com
Please review the job applicant privacy notice here.
Revantage is a Blackstone Company that provides a highly skilled employee base, best-in-class processes, and state-of-the-art technology to multiple Blackstone real estate portfolio companies. Sectors include Hospitality, Industrial, Multi-Family, Office, Retail, Senior Housing, and Manufactured Homes.
Revantage, headquartered in Chicago, is one of three global offices that includes Revantage Asia and Revantage Europe.
What We Value: Our Culture
Creating a Culture That Inspires Change And Momentum Require The Right Team. We Know What It Takes To Lead An Industry, And Are Looking For Leaders Who Seek Constant Growth, Want To Excel, And Continuously Improve Upon Themselves And The Industry. The Culture At Revantage Is Built On Our Shared Core Values And Commitment To Be
- Leaders - We commit to continuously improve our performance
- Learners – We learn from our challenges and successes
- 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
The Sr. Associate, Valuations will provide analytical support and performance reporting for Blackstone, Revantage and the portfolio companies’ senior management. This position is based out of either Dallas, TX or Chicago, IL and will focus on valuations.
How You Add Value
Support Creation and Management of Asset Valuation Models
- Support the preparation of monthly and/or quarterly property valuation models and portfolio analytics for various asset classes
- Review third-party reports, loan documents, commission appraisals, market studies, and other pertinent real estate documents with the goal of abstracting relevant and actionable data for valuations
- 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
- Work with portfolio companies to maintain a portfolio of Argus files keeping the data current by proactively sourcing periodic updates for newly executed leases, changes in market leasing assumptions, and adjustments to other income, operating expenses, and capital expenditures
- Build and maintain effective control processes to monitor and track changes in the assumptions of valuation models
- Provide portfolio analytics summaries and property-level performance reporting to Blackstone and portfolio company management teams
- 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 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
- Perform other duties as requested
What You Bring To The Role
- Bachelor’s degree in accounting, finance or a business-related field
- Minimum 5-7 years real estate valuation or underwriting experience
- Strong computer skills
- Argus Enterprise experience, 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
- Experience with real estate accounting and/or management systems, particularly with Excel-based Oracle Essbase/PBCS, general ledger accounting systems, Microsoft Word/Excel/PowerPoint, and SQL Server
- 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
Revantage is an equal opportunity employer. In 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 talent@revantage.com
Please review the job applicant privacy notice here.