Associate, Valuations & Portfolio Investment Analytics

Job Description

Associate, Valuations & Portfolio Investment Analytics

Wellesley, MA

Who We Are: BentallGreenOak is a leading, global real estate investment management advisor and a globally-recognized provider of real estate services. BentallGreenOak serves the interests of more than 750 institutional clients with approximately $55 billion USD of assets under management (as of April 1, 2021) and expertise in the asset management of office, industrial, multi-residential, retail and hotel property across the globe. BentallGreenOak has offices in 24 cities across twelve countries with deep, local knowledge, experience, and extensive networks in the regions where we invest in and manage real estate assets on behalf of our clients in primary, secondary and co-investment markets. BentallGreenOak is a part of SLC Management, which is the alternatives asset management business of Sun Life.

The assets under management shown above include real estate equity and mortgage investments managed by the BentallGreenOak group of companies and their affiliates. For more information, please visit www.bentallgreenoak.com

BentallGreenOak promotes a corporate culture that attracts and retains the highest caliber people. We encourage opportunities for growth, development and promotion by providing our employees with the resources to work effectively and continually strive to perform better. We are committed to a safe and sustainable work environment.

Position Responsibilities:

Valuation

• Monitor and maintain market and asset-specific property data on an ongoing basis to ensure timely information for each internal valuation and external appraisal assignment
• Perform the valuation of properties within select US portfolios (predominantly the Sun Life US General Account), on a quarterly basis
• Order, review and accept external appraisals

Portfolio Management

• Coordinate with BGO Asset Management, Accounting, & Research to prepare quarterly reports for Portfolio and Senior Management
• Prepare property data submissions to Sun Life Investment Finance (LICAT) and third-party benchmark providers (NCREIF)
• Responsible for maintaining portfolio models to analyze and evaluate the portfolio’s performance & strategies
• Conduct portfolio impact analysis for potential new acquisitions (concentration – market and property type, impact on returns, etc.)
• Assist with preparation/coordination of presentations and materials for Board Meetings
• Respond to regular and ad hoc requests

Education and Experience:

• Minimum 3-4 years’ experience in commercial real estate analysis/valuation, preferably within an institutional investment environment
• Advanced knowledge of commercial real estate investment underwriting and/or appraisal techniques for a variety of commercial property types: especially office, industrial, retail and multi-family
• Undergraduate degree in economics, business, real estate, or related field
• Advancement toward MAI designation or CFA, a plus

Essential Qualifications:

• Proven expertise in US real estate valuation within the office, industrial, retail, multi-family, and land property sectors
• Leadership skills in the management of third-party vendors
• Ability to develop and maintain working relationships with both internal (portfolio/asset management, transactions, research & strategy, investment, finance, risk, etc.) and external (third-party research, appraisal and brokerage firms, etc.) constituents
• Advanced financial modeling skills using Excel and Argus (preferably AE) software and basic knowledge of the remaining Microsoft Office Technology
• Strong verbal and written communication skills
• Advanced skills of analysis, interpretation, time management, business writing, networking and people management
• Self-starter, team-player, flexible, detail-oriented, ability to work well under pressure

Travel Requirements:

• 15% Domestic & International (Canada)