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Valuations Analyst / Ten-X

Salary
Competitive
Employment
Full Time
Work Place
Office
Real Estate Field
Location
Irvine
 CA
Postal Code
92618
Country
United States

This job is no longer active.

Description


CoStar Group is the world’s leading provider of information and marketing solutions for the Commercial Real Estate industry. We are a NASDAQ listed company with a market cap of over US$30B and sit alongside other notable names such as Amazon, Facebook, Google and Apple.

 

As a technology company, we are the trusted partner for all commercial real estate professionals empowering many of the most well-respected landlords, development companies, brokerage firms, banks, lenders, investors and government agencies.

 

We do this by actively researching the commercial real estate markets and providing data, analytics, innovative tools and powerful marketing platforms in the U.S. and Internationally to help our clients transact with one another. CoStar continues to win multiple awards including one of Forbes most innovative companies (2017) and Fortune’s fastest growing companies (2018).

 

Ten-X, a CoStar Group Company, is the world's largest online commercial real estate marketplace, conducting more transactions via an online auction format than any other platform in the world. Ten-X recently surpassed $24 Billion in closed transactions, averaging between $2-3 Billion in closings each year since inception in 2009.Ten-X assists commercial owners and brokers in selling and closing transactions through worldwide marketing campaigns and a best in class process which provides transparency, efficiency and expedited selling and closing time frames.

 

As a Valuations Analyst you will be responsible for reviewing commercial real estate leads from our internal Business Development team as an aid in the decision-making process with respect to the onboarding and sale of commercial real estate assets on the Ten-X auction sales platform.  The role includes managing our real estate underwriting pipeline, including data mapping of due diligence fields and comparable information, developing and communicating the results of your underwriting and pricing opinion conclusions to our internal Business Development and management team, and, when warranted, to outside stakeholders.

 

RESPONSIBILITIES:

  • Quickly analyze and develop a credible pricing opinion for commercial real estate assets through a review of the supporting due diligence and market data.

  • Identify and communicate to the Business Development team what due diligence may still be necessary

  • Present and support your pricing opinion

  • Review and analyze previous auction data to understand sale trends

  • Present counter arguments of why pricing expectations may be too aggressive and present support and reasoning for a discounted sales price

 

BASIC QUALIFICATIONS

  • Bachelor's Degree in Business, Real Estate, Finance, Computer Science or Accounting or High School Diploma coupled with 6 years of work experience

  • 3+ years of experience in commercial real estate valuation and underwriting.

  • 3 years of experience with financial modeling across all types of commercial real estate classes, including cash flow models and other financial analyses required to evaluate commercial real estate opportunities presented for sale to Ten-X

  • In-depth understanding of real estate investment factors and valuation, coupled with a general understanding of finance, accounting, leasing and capital markets, terms, and concepts

  • Extremely strong quantitative and analytical skills with an attention-to-detail

 

PREFERRED QUALIFICATIONS

  • High level of proficiency in Excel and PowerPoint

  • Strong written and verbal skills, with fluency in commercial real estate valuation terms and concepts

  • Excellent organizational skills with the ability to work independently, prioritize, and multi-task

  • Ability to work in a high-volume, fast-paced, environment within which the typical daily deal volume to review is 4-6 new opportunities

  • Comfortable working across all major commercial property types (office, retail, industrial, multi-family, & hotel)

 

WHATS IN IT FOR YOU:

 

Working at CoStar Group means you'll enjoy a culture of collaboration and innovation that attracts the best and brightest across a broad range of disciplines. In addition to generous compensation and performance-based incentives, you'll be supported in both your professional and academic growth with internal training, tuition reimbursement, and an inter-office exchange program.

Our benefits package includes (but is not limited to):

  • Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug

  • Life, legal, and supplementary insurance

  • Commuter and parking benefits

  • 401(K) retirement plan with matching contributions

  • Employee stock purchase plan

  • Paid time off

  • Tuition reimbursement

  • On-site fitness center and/or reimbursed fitness center membership costs (location dependent), with yoga studio, Pelotons, personal training, group exercise classes, as well as Segway’s and bikes available for use during the day

  • Complimentary gourmet coffee, tea, hot chocolate, prepared foods, fresh fruit, and other healthy snacks

 

 

 

We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply.  However, please note that CoStar is not able to provide visa sponsorship for this position

 

CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing


This job is no longer active.

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