Senior Commercial Real Estate Appraiser & Management Positions

Joseph J. Blake and Associates, Inc.

Chicago (IL)

Hybrid

USD 60,000 - 90,000

Full time

14 days+

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Benefits offered by this job

401(k)
Dental insurance
FSA
Health insurance
HSA
Life insurance
Paid time off
Parental leave
Professional development assistance
Tuition reimbursement
Vision insurance

Job summary

Joseph J. Blake & Associates, Inc. is a national commercial real estate valuation and consulting firm.

We offer opportunities to work remotely or in our downtown Chicago office, with mentorship from senior directors and exposure to a wide range of property types. The Commercial Real Estate Appraiser role involves preparing narrative appraisals and consulting reports, leveraging Argus and Excel, and collaborating with lending institutions, funds, and other real estate professionals.

Qualifications

  • Experience preparing narrative appraisals and consulting reports.
  • Strong analytical and problem-solving abilities.
  • Excellent verbal and written communication skills.
  • Ability to manage multiple assignments and meet deadlines.

Responsibilities

  • Coordinate and complete multiple appraisal assignments on complex commercial properties.
  • Utilize Argus DCF, AE and Excel for cash flow models and analyses.
  • Gather and research data on comparable properties and market trends.
  • Evaluate property characteristics and financial performance history and projections.
  • Communicate findings and advise lenders, funds, and other real estate professionals.

Skills

Analytical skills
Communication skills
Attention to detail
Time management

Education

Real estate appraisal license (MAI a plus)
Advanced trainee license option

Tools

Argus DCF
MS Office

Job description

ADVANCE YOUR CAREER IN REAL ESTATE APPRAISAL

Commercial real estate appraiser postions available; work remotely or in the downtown Chicago office

Joseph J. Blake & Associates, Inc., is a national, privately held commercial real estate valuation and consulting firm with 13 offices across the US. Founded over 75 years ago, the firm is completely independent and is 100% owned by MAI designated practicing appraisers. Our clients include investment funds, pension advisors, lending institutions, public agencies, attorneys, mortgage brokers and others.

This is an excellent opportunity for the right individuals to progress in a profession that is seeing steady demand (satellite office management and partnership opportunities exist for those wanting to take on leadership roles in Illinois, Indiana, Michigan, Ohio, Minnesota, Iowa, Missouri, Kansas or Wisconsin. The Commercial Real Estate Appraiser positions being offered to qualified candidates involve the preparation of narrative appraisals and consulting reports for a wide variety of real estate asset types, including office buildings, multi-unit residential properties, retail properties, industrial properties, lodging and special use properties. The candidates will have the opportunity to develop or sharpen their existing professional skills through Senior Director mentoring, training, and hands on experience valuing a broad spectrum of commercial property types which is the linchpin to real estate development and investment.

Key Responsibilities
  • Coordinate and complete multiple appraisal assignments on complex commercial properties
  • Utilize Argus DCF, AE and Excel to develop cash flow models and other analyses in valuing various property types
  • Gather comparable commercial real estate data (lease, sale, investment criteria, etc.) and research market trends
  • Identify the key characteristics of the property type under analysis and evaluate the property's past and potential future financial performance
  • Communicate and advise clients, principally consisting of lending institutions, pension funds, pension funds, attorneys and other real estate professionals
Qualifications/Experience
  • Ethics and Independence Certified General Real Estate Appraisal License in a midwestern state (MAI Designation is a plus ); will also consider an advanced candidate with a trainee license
  • Some exposure or proficiency in Argus and MS Office (Excel and Word) is a plus
  • Analytical and problem solving skills
  • Research skills
  • Verbal and written communication skills
  • Attention to detail and the ability to manage multiple assignments
  • Ability to establish priorities, take initiative, work under time constraints, and exercise sound judgement
Job Type

Full-time

Benefits
  • 401(k)
  • Dental insurance
  • Flexible spending account
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off
  • Parental leave
  • Professional development assistance
  • Tuition reimbursement
  • Vision insurance

Compensation: Competitive and commensurate with education and experience

Work Location: Remote or in Chicago CBD Office

It is the policy of Joseph J Blake and Associates, Inc. to base its hiring and promotions on merit, qualifications, and competency and that its personnel practices will not be influenced by an applicant’s race, color, place of birth, religion, national origin, sex, sexual orientation, age, marital status, veteran, or handicapped status.

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