Associate, Valuations

Who We Are

Revantage is a global corporate services leader, delivering exceptional experiences to Blackstone portfolio companies and investments that enable them to thrive. As a global firm, Revantage provides a suite of service offerings with our best-in-class talent, processes, and technologies to support thousands of assets and billions in TEV across asset classes, including industrial, residential, hospitality, office, retail, and others.

Revantage Asia Pacific (with offices in Singapore and Sydney) is among three Revantage regions that also include Revantage North America and Revantage Europe.

What We Value: Our Culture

Creating a culture that inspires change and momentum requires the right team. We know what it takes to lead an industry, and are looking for leaders who seek constant growth, want to excel, and continuously improve upon themselves and the industry. The culture at Revantage is built on our shared core values and commitment to be:

• Achievers – We expect high standards for ourselves and enable the success of our teams.
• Enthusiasts - We face challenges with optimism and believe anything is possible.
• Leaders - We commit to continuously improve our performance.
• Learners – We learn from our challenges, successes and the diversity of our people.
• Partners - We deliver value and positive impact to our partners.

Why This Role is Valuable

The Associate, Valuations & Portfolio Reporting Support will manage support for valuations and portfolio reporting, including portfolio analytics and property-level performance. The role is a liaison with Blackstone's asset management, portfolio management and finance teams in order to support monthly and/or quarterly valuation processes. Furthermore, the role will work with external third parties to coordinate appraisals or facilitate valuation reviews. This position will report to the regional Vice President of Valuations & Portfolio Reporting.

Reports to

VP, Valuations & Portfolio Reporting

How You Add Value

(including but are not limited to)

The Associate, Valuations and Portfolio Reporting Support will provide valuation and analytical support and performance reporting as follows:

• Supports the quarterly internal valuation support cycles together with Blackstone.
• Supports the quarterly 'Now Expected' distribution projection cycles for each investment through update of hold-sell analysis for each property.
• Facilitates the onboarding of excel underwriting cash flow models into Argus Enterprise following acquisition of new properties
• Manages and maintains robust Argus cash flow models to be exported into excel valuation models.
• Effectively obtains property-level information from various source systems or portfolio companies in order to routinely update cash flow models with actual leasing or changes in market leasing assumptions, other income, operating expenses or capital expenditures.
• Provides critical analysis of changes at the property- or investment-level in order to report on the cash-flow and valuation changes. Analysis of property- or investment-level changes is at the equity value.
• Analyzes market conditions from sales comparables and other sources in order to drive assumptions and assess the value of the assets.
• Supports the entire valuation reporting process with Blackstone stakeholders and revise valuation models based on feedback.
• Interfaces with third party appraisal firms and advisors to engage and facilitate external valuations and reviews.
• Supports Blackstone in its work with its auditor to respond to questions and provide supporting documentation.
• Assists in ad hoc requests or special projects at the request of the department or at the request of Blackstone or portfolio companies.

What You Bring To The Role

• Bachelor's Degree with a major in Finance, Accounting or closely related field
• 2-6 years of experience in real estate related field such as valuations, financial analysis, accounting, etc.

• Non required; however, progression towards MAI, CFA, CPA or similar preferred

• Real estate knowledge, including broad market fundamentals and financial cash flow modeling, required.

• Drive and desire to learn new technologies and grow technical and functional skill sets.
• Strong MS Office, particularly Microsoft Excel, skills required.
• Argus Enterprise experience preferred.
• Experience with US GAAP and real estate accounting and/or management systems preferred.
• Passion for making business processes more efficient and successful
• Excellent communication, problem solving and interpersonal skills necessary.
• Ability to multi-task and manage shifting priorities in a fast-paced environment
• Strong attention to detail and ability to work both independently and in a team environment.
• Some travel internationally may be requested.