Analyst, Advisory (Real Estate)

FinTech Collective, LLC; Toronto; On-site; CAD 45,000 - 75,000; Full time

Benefits offered by this job

Rewarding performance

Growth and development

Flexible work model

Job summary

Altus Group Ltd is seeking a Real Estate Advisory Analyst to join the Investment Management Services team in Toronto. You will gain knowledge in investment management services, appraisal, and financial due diligence for all property types, learning how market trends impact rent and expenses and how to manage client workflows.

Responsibilities include supporting acquisitions, asset management, mortgage and lending needs, ARGUS model audits, lease reviews, and financial analysis.

Qualifications

• University or college degree in Real Estate, Finance, Economics or related field.
• Previous CRE industry internship or experience preferred.
• Strong written communication skills.

Responsibilities

• Support acquisitions, asset management and lending needs for commercial real estate portfolios.
• Assist with ARGUS Enterprise model audits, lease reviews and data abstraction.
• Analyze market data to determine market rent and adjustments.
• Prepare cash flow models and appraisal reports using standard methodologies.
• Support appraisals review and ensure USPAP compliance.
• Assist due diligence, financial modeling and transaction analysis.

Skills

Proactive communication

Education

Bachelor's degree in Real Estate, Finance, Economics or related field

Tools

Excel (v-lookups, pivot tables)

Job description

Compensation Range:

$45,000 - $75,000

Compensation Disclaimer: The salary range listed reflects the base pay for this role at Altus Group and is provided where required by local regulations. Actual offers may differ based on experience, market conditions, and other relevant factors. The range does not include additional compensation such as bonuses, equity, benefits, or other incentives.

Altus Group Ltd is currently looking for a Real Estate Advisory Analyst to join our Investment Management Services team based out of Toronto. In this position, you will gain knowledge and experience in the business of investment management services, appraisal, appraisal review, appraisal management, and financial due diligence for all property types. Learn the basic sub-property type attributes and how location and market trends impact rent and expenses. Learn how to setup and manage the client workflow process, data requests from appraisers and clients. Learn how to analyze an Income and Expense statement; research sale and lease comparables and apply adjustments to the subject property; read leases to understand tenant recovery structures; and build cash flows.

Key Responsibilities:

• Investment Management Services: Learn and work with the team to support institutional client’s acquisitions, asset management and lending needs for their commercial real estate portfolios. Analysts will assist with ARGUS Enterprise model audits and maintenance, lease reviews and abstracting, preparation of acquisition memorandum, financial due diligence, market analysis, hold / sell analysis, variance to budget analysis, valuation analysis, loan stress testing and reviews, loan covenants reviews and abstracting.
• Appraisal Process: Get familiarized with the process of and why we are doing what are doing at Altus. Conduct market analysis for the subject property, which includes gathering and analyzing data about the subject’s market and submarket and determining market rent based on recent leases at comparable properties and the subject’s recent leasing. Gather data and apply judgement to determine reasonable valuation assumptions such as market rent and market rent growth.
• Appraisal: Learn to prepare cash flow models using ARGUS Enterprise. Analysts use factual data provided by Clients (rent rolls, operating statements, tenant sales, and various other financial information) on the subject property to assist with the preparation of cash flow models., Learn the Sales Comparison and Cost approaches and compile the appraisal reports.
• Appraisal Review: Support the reviews of third party appraisal reports as part of the valuation management process, which includes reviewing the ARGUS Enterprise cash flow model for factual and market assumptions, reviewing the appraisal reports, and comparing the valuation metrics to the benchmark data. Learn to use (of) best judgement and knowledge to determine the reasonableness of the valuation and ensure that the appraisal reports are in compliance with USPAP and State regulations.
• Financial Due Diligence: Learn to audit and underwrite cash flow models of all commercial real estate asset classes for transactions. Analysts will advise clients, including Private Equity firms, Investment Banks and REITS, on buyside acquisitions by providing cash flow modeling and a better understanding of critical deal issues. Audit financial models in Excel and AE. Build financial models for CMBS loan underwriting. Analyze tenant health ratios for buyside retail acquisition underwriting. Audit expense recovery models. Review historical income and expenses for pro forma forecasting. Abstract tenant leases and summarize key tenant clauses with potential cash flow impacts.

Position Requirements:

• University or college degree in Real Estate, Finance, Economics or related field
• Previous experience or internship within the CRE industry is preferred
• Working knowledge of Excel (v-lookups, pivot tables)
• Exposure to business writing
• Ability to pro-actively communicate (i.e. when behind on deliverables or seeking assistance)
• Experience working independently or within a team environment setting in a professional or academic setting

Unlock your Altus Experience!

If you’re looking to advance your career in in an industry that is transitioning for greatness, there’s no better place than Altus Group.

Our high trust, high performance culture prioritizes progressive programs that empower you to deliver your greatest performance while promoting collective success where everyone is recognized and connected.

We offer boundless opportunities in a rapidly growing global business: mentorship from the best and brightest in CRE, access to our Altus Intelligence Academy, and the chance to work with the best data sets, tools and technology in the industry.

What Altus Group offers:

• Rewarding performance: competitive compensation, incentive and bonus plans, and a total rewards package prioritizing mental, physical, and financial well-being.

• Growth and development: we invest in your professional learning. Our Altus Intelligence Academy offers over 150,000 hours of learning content.

• Flexible work model: our Activity-Based Work model provides flexibility to align your work location to the needs of the work — use the office for collaboration and remote work for focused tasks.

Inclusivity & Accessibility

Altus Group is committed to fostering an inclusive work environment where all clients and employees feel welcomed, accepted and valued. We provide an atmosphere free from barriers to promote diversity, equity, and inclusion, and encourage equal opportunities for all employees. We’re seeking candidates with diverse experiences and provide accessible candidate experiences throughout the selection process. If you need accommodation, please contact us at [e-mail] or [phone].

Use of Artificial Intelligence

AI tools may be used to support the initial stages of screening for this role; however, all assessments and final hiring decisions are reviewed and made by an Altus Group hiring professional.

Background Checks

Please note that as part of our commitment to maintaining a safe and secure workplace, Altus Group may conduct background checks on candidates who receive a conditional offer of employment. These checks may include, but are not limited to, verification of employment history, education credentials, criminal records, credit history (where relevant), and reference checks. The scope and nature of background checks may vary depending on the role, location, and applicable laws. All background checks will be conducted in compliance with local laws and regulations, and candidates will be informed of any checks required as part of the recruitment process.

Other Notes / Application Process

We appreciate all applicants; however, only those selected to move forward will be contacted. Thank you for your interest in Altus Group.