Associate, Valuations

Who We Are
Revantage, a Blackstone Real Estate portfolio company, is a global provider of corporate services.
With a corporate purpose of 'In Pursuit of Better,' Revantage delivers value-added services and world-class talent for Blackstone Real Estate portfolio companies, spanning diverse asset classes, including residential, logistics, office, hospitality and retail sectors. Headquartered in Chicago, the company's footprint extends across North America, Europe and Asia Pacific.
Rooted in a commitment to collaboration and inclusivity, Revantage goes beyond traditional corporate services and acts as a trusted partner. Across offerings that include finance, technology, human resources and operations, Revantage proactively anticipates stakeholder needs, recruits exceptional talent and enables its business partners to thrive.
What We Value: Our Culture
Our people are our most important asset, enabling Blackstone portfolio companies and investments to scale and thrive. Together, we foster a workplace where everyone can be themselves, enabling them to do their best work.
At Revantage, we have exceptional people who live our values and help us pursue better every day. We offer dynamic and meaningful work, competitive compensation, benefits and flexibility. We listen and take action to ensure our organization evolves to reflect our employees' voices and support an inclusive culture.
Our demonstrated commitment to our people and collaborative culture have earned us numerous awards as a top employer.
Our culture is built on our shared core values and commitment to be:

• Learners - We learn from our challenges and successes
• Leaders - We commit to continuous improvement
• 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

Grow your career with us. As a member of our team, you'll gain hands-on experience in the real estate industry and benefit from a supportive environment that fosters personal and professional growth.
Please review the job applicant privacy notice here .
WHY THIS ROLE IS VALUABLE
Under the direction of Sr. AVP, Valuations, the Associate, Valuations role supports 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 fi les 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. Manage and maintain robust excel based cash flow models populated by Argus models and/or other data sources. Build and maintain effective control processes to monitor and track changes in the assumptions of valuation models. Support Valuation Reviews, Analytics and Performance Reporting Processes. 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 third-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. This role is based out of Revantage headquarters in Chicago IL at 233 S. Wacker Drive, Suite 4700, Chicago, IL 60606. Hybrid Schedule, 3 days in office / week.
QUALIFICATIONS
What you bring to the role
R equired:

• Bachelor's degree in real estate, accounting, finance, or a business-related field
• 3 years of experience as a valuation analyst or any other position involving real estate valuations.
• Required Skill: Argus, MS Excel, Expertise in Cash Flow Analysis, Valuation and Sensitivity Analysis, Portfolio Management and Lease Analysis, and Report Generation and Data Integration;
• Required Skill: Financial Modeling, Programming Language, Comprehensive Financial Representations, Automation and Data Integration, and Custom Models utilizing VBA and Reporting;
• Required Skill: Multi-Sector Experience (Multifamily, Office, Retail, and Hospitality), Managing Multifamily Properties, Commercial Real Estate Expertise in office spaces, Retail and Hospitality Sector Strategies;
• Required Skill: Valuation Model Development and Maintenance of Excel-based cash flow models;
• Required Skill: Performance Reporting and Market Intelligence Reporting.

Perks for You

• 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

EEO Statement
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 [email protected]