Analyst, Valuations

About QuadReal Property Group

QuadReal Property Group is a global real estate investment, operating and development company headquartered in Vancouver, British Columbia. Its assets under management are $85 billion. From its foundation in Canada as a full-service real estate operating company, QuadReal has expanded its capabilities to invest in equity and debt in both the public and private markets. QuadReal invests directly, via programmatic partnerships and through operating platforms in which it holds an ownership interest.

QuadReal seeks to deliver strong investment returns while creating sustainable environments that bring value to the people and communities it serves. Now and for generations to come.

QuadReal: Excellence lives here.

www.quadreal.com

Role Description:

Situated in Calgary, Alberta, or Toronto, Ontario, the Valuations Analyst will report to the Manager, Valuations. The primary responsibilities include liaising with property accounting, management groups and third-party appraisal firms to facilitate internal and external appraisal processes, including in-depth Discounted Cash Flow (DCF) analysis. The candidate for this position will be expected to provide all aspects of valuation and financial modeling, research, and analysis for a large real estate portfolio of various asset classes, including office, industrial, retail, multi-family, vacant land, and land-lease assets. In addition, this person will also participate in the write-up of the quarterly valuation reports, explain the variances and trends, and bring together real estate market and economic research materials to support value conclusions.

As an Analyst, Valuations You Will:

• Liaise with accounting, asset management, investment, development, research, leasing, and property management groups in data collection for quarterly valuation updates
• Analyze property operating budget and financial statements
• Create, update, and maintain Discounted Cash Flow models
• Analyze property cash flow and projected investment returns
• Analyze the impact of various assumptions on value, such as investment metrics, leasing parameters, inflation, operating expenses, capital expenses, financing, fees, etc.
• Research and analyze cash flow, leases, land residuals, up-side opportunities, and sourcing of applicable sales comparable to ensure marketed properties are strategically positioned in order to maximize value
• Build and maintain complex dynamic valuation models using the Argus Enterprise Software
• Analyze comparable property transactions
• Analyze investment risks
• Provide insightful valuation analysis and reporting to identify material quarterly valuation movements and drivers
• Review third-party appraisal reports and provide documented feedback to external and internal stakeholders
• Prepare internal property valuation summaries and portfolio summaries
• Embrace and proactively support QuadReal's culture of environmental responsibility and social responsibility

Your Background:

• Education - Hold a relevant undergraduate degree, preferably with a Real Estate or Finance specialization. Must be a member of the Appraisal Institute of Canada and working toward AACI accreditation.
• Experience - Two to four years of experience working with a real estate company (asset manager or developer), real estate brokerage or advisory firm, appraisal firm, or real estate lender is desirable. A strong interest in developing your career within real estate is essential.
• Analytical - Strong quantitative and analytical skills; detail-oriented and proficient in building and handling complicated data sets.
• Communication - Excellent communication and presentation skills; demonstrate an ability to effectively communicate and present results that articulate key themes and messages; ability to exercise strict confidentiality.
• Organization - Must be able to allocate time effectively and work under pressure to meet tight deadlines, handle multiple demands and competing priorities, and adapt to new ideas and change. Comfortable following direction but also contributing to the direction.
• Responsive - Must be extremely proactive and work well in a collaborative environment, with the ability to take guidance but then move projects forward independently.
• Software - Must have advanced knowledge of Excel (including Pivot Tables), PowerPoint and Word and Argus Enterprise. Power BI would be an asset.
• Values - Embrace and pro-actively support QuadReal's values and its culture of environmental sustainability and corporate and social responsibility.

Note to Recruiters: QuadReal does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to QuadReal, directly or indirectly, will be considered QuadReal property. QuadReal will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for engaged services to submit resumes.