Associate, Valuations

As an Associate, Valuations on the Bellwether Valuations Team, you will conduct and manage the valuations of a portfolio of commercial real estate investments. Key responsibilities include maintaining complex financial analyses, evaluating investment performance and underwriting real estate investments. In this role, there will be tremendous learning and growth opportunities with exposure to leading experts in the real estate investment industry. The significant exposure to senior leadership requires a high degree of professionalism and work ownership.

Responsibilities

Conduct monthly and quarterly valuations of real estate investments across the United States, including DCF/sale comparable/cost analyses, appraisal review, and reporting; Review and track business plans, leasing activity and monthly property operating performance for valuations purposes; Prepare quarterly investment-level tear sheets summarizing key valuation metrics, property-level performance indicators, and material assumption changes; Prepare periodic unlevered cash flow projections for reporting purposes using ARGUS Enterprise and Excel; Coordinate with third-party appraisal management providers on appraisal scheduling, scope, and information flow, reconciling appraisal conclusions to internal valuations; Support client external audit cycles and internal SOX testing; Maintain valuation templates and supporting workpapers, ensuring data integrity, version control, and audit trails; Serve as day-to-day point of contact for assigned client deal teams; Assist in implementing enhancements to valuations and reporting processes; Perform additional ad-hoc analysis as needed

Requirements

A minimum of 5 years' relevant experience in real estate valuations, consulting, portfolio management or audit/accounting; Real estate valuation specialist experience in a Big 4 or similar firm setting is strongly preferred; Experience with property underwriting and advanced financial modeling; Highly proficient in Microsoft Office Suite and ARGUS Enterprise; Bachelor's degree in finance, real estate, accounting or other related fields required; Strong analytical skills and detail-oriented; Ability to read and analyze investment underwriting; Excellent verbal and written communication skills; Ability to work independently and manage a quarterly valuation cycle

Nice to have

Real estate valuation specialist experience in a Big 4 or similar firm setting; Possession of, or progress toward, real estate industry certifications and licenses (e.g., MAI, CCIM, certified general real estate appraiser, broker, CPA)

Benefits

Employer-paid Medical, Dental & Vision, with buy-up options; Flexible Spending Account; Health Savings Account; Carrot Fertility Benefit ($10,000 lifetime benefit); 401k company match 4%, immediately vested; Generous PTO; 11 Paid Company Holidays & Paid Holiday Office Closure; 14 weeks Maternity Leave & 12 weeks Parental Leave; Wellbeing program offerings; Cell phone reimbursement; Engaging team events & holiday parties