Senior Manager, Valuation
- Toronto, ON
- Permanent
- Full-time
- Create and update valuation models for the Canadian portfolio primarily using excel and other BI tools (BPC)
- Act as a liaison between CAPREIT and the external appraisers
- For internally appraised properties, prepare and update valuation models quarterly using budgeted net operating income, other market assumptions for NOI, and capitalization rates
- For externally appraised properties, review the appraiser’s valuation models
- For externally appraised properties, input all necessary NOI updates for valuation models for interim reporting purposes
- Review the NOI forecast on quarterly basis, and use it to update valuation models
- Collaborate with financial planning and analysis and acquisition teams to validate data used in the valuation models
- Prepare high level analysis for the quarter-end and annual valuations for management and the board
- Prepare detailed valuation report on an annual basis for internally appraised properties
- Conduct market research to validate the data and support assumptions used in the valuation models
- Assist the acquisition and development teams with appraisals and models, as and when needed
- Oversee a small valuation team
- AACI, or CBV designation
- Advanced skills in excel is required
- Financial modeling
- 7+ work experience in commercial real estate providing high quality property valuations; experience in multifamily will be desirable
- Attention to detail and analytical
- Strong leadership and communication skills with ability to work in a team environment with tight deadlines