We are currently seeking an
Analyst to join our Value and Risk Advisory team in our New York City office. This role is required onsite for a minimum of 3 days per week.
Our Value and Risk Advisory platform is part of a global network comprised of experienced, licensed, qualified commercial real estate appraisers who use local insights and their years of expertise to deliver accurate, reliable and prompt valuations. We provide sound advice, no matter the size of a property, complexity of a project, or industry focus. Our professionals offer a full range of expertise, including counsel in financing, due diligence, risk analysis, financial reporting, dispute resolutions and equity offerings.
The successful candidate will complete assignments in connection with commercial real estate valuation and consulting projects which may include analyzing complex highest and best use scenarios, modeling cash flows utilizing discounted cash flow models, analyses of comparable sales, and cost analyses.
Responsibilities Include:
- Partner with experienced team members to learn appraisal process, including writing portions of the assignment, underwriting financials and concluding to value
- Analyzing market data and comparable transactions
- Performing lease abstracts
- Conducting market surveys
- Confirm comparable data for use in client deliverables and leverage CMG-JBS members to upload and maintain data regularly utilized by the team
- Determining highest and best use, estimating market rents, and concluding to credible market values
- Work with CMG-JBS to increase productivity
Education Requirements:
- 0-2+ years of commercial real estate valuation or related experience (finance, research, analysis)
- Interest in appraisal/valuation services
- Continue consistent progress on coursework required for Certified-General license (200 hours) with an expectation to be licensed in no greater than 36 months
- Maintain job log to document experience hours
- Complete Argus training
- Real estate, finance, or similar undergraduate degree preferred
Skillset Requirements:
- Become fully trained in Excel & Word; utilize training support as needed
- Gain competency in JLL technology
- Complete JLLU to learn process, templates, and technology
- Complete assignments cover to cover with moderate oversight from experienced team member
Licensing Requirements:
- Maintain state appraisal trainee license (if applicable in state)
- Complete application for certified general license and pass state test
