The VP will lead a team of valuation analysts responsible for the completion of assignments in connection with commercial real estate valuation, risk analysis and consulting projects. Assignments may include data collection and market research, analyzing complex highest and best use scenarios, analyzing revenue and expense performance, estimating of cash flows utilizing discounted cash flow models, analyses of comparable sales, detailed cost analyses, and drawing market comparisons in developing opinions of value.
What it takes to be successful in this role
Assist clients in identifying and measuring the value of their real property assets by preparing analyses which include direct capitalization and discounted cash flow analyses.
Assist clients in analyzing the credit risk of their portfolios.
Perform local and national real estate market analysis on a wide range of public and private entities using all accepted and relevant valuation approaches.
Participate in a lead role in periodic conference calls, meetings and internal risk rating discussions with various clients.
Perform data collection and market research, analyzing revenue and expense performance, developing cash flows utilizing discounted cash flow models, analyses of comparable sales, detailed cost analyses, and drawing market comparisons in developing opinions of value. This role requires advanced analytical and quantitative skills in addition to excellent communication skills.
Independently gather data pertinent to an engagement through direct client interaction, including personal and telephone interviews with market participants including brokers, appraisers, investors, developers and asset managers.
Review industry surveys and benchmarks, economic and demographic trends.
Supervise and mentor junior staff.
Other duties as assigned.
Minimal domestic and international travel required (10-20%)
Due to the nature of the responsibilities, this role allows for some remote work, but is primarily required to be onsite within a designated Berkadia office (3+ days/week).
Directly supervises non-supervisory employee(s). Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.
Minimum three years of recent commercial real estate valuation experience
Bachelor's degree from an accredited college/university with preferred major in real estate, economics, finance, business administration or a related field; Master's degree from an accredited college/university preferred
Strong analytical, comprehension and problem-solving skills as well as strong verbal and written communication skills
Ability to prioritize tasks, work on multiple assignments and manage rapidly changing assignments in a team environment
Proficient in ARGUS and capable of developing discounted cash flow modeling in Excel
Bachelor's degree or equivalent
Three to five years prior experience in a similar position.
Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is a leader in the commercial real estate industry, offering a robust suite of services to our multifamily and commercial property clients. Powered by deep relationships and industry-changing technology, our people sell, finance, and service commercial real estate, providing support for the entire life cycle of our clients' assets. Our unique ownership structure allows us to put the client's interests first and creates a marketplace that delivers a superior experience.
Applicants who require accommodations to participate in the interview process should contact the Talent Acquisition Team to arrange for such accommodations by emailing: Talent.Acquisition@Berkadia.com
Berkadia does not share salary ranges in its job postings. Any salary-related information you see posted externally has not been provided or verified by Berkadia and may not be accurate.
Berkadia is an equal opportunity employer and affords equal opportunity to all applicants and employees for all positions without regard to race, color, religion, gender, national origin, age, disability, veteran status or any other status protected under local, state or federal laws.
Berkadia is a leader in the commercial real estate industry, offering a robust suite of services to our multifamily and commercial property clients. Powered by deep relationships and industry-changing technology, our people sell, finance, and service commercial real estate, providing support for the entire life cycle of our clients’ assets. Our unique ownership structure allows us to put our clients’ interests first and create a marketplace that delivers a superior experience.