What are the responsibilities and job description for the Analyst, Commercial Real Estate Valuation - Chicago position at Partner Valuation Advisors (PVA)?
ABOUT US
Partner Valuation Advisors (PVA) is a Top 10 US valuation firm with leading market presence. The Partner brand is involved in one out of every five US Commercial Real Estate transactions. PVA professionals advise lenders, investors, and institutional owners on complex real estate decisions across all major asset classes. Our analysts work directly alongside senior valuation professionals and gain early exposure to institutional-quality real estate underwriting and valuation assignments.
Learn more about PVA at PartnerVal.com
JOB SUMMARY
We are seeking a detail-oriented and organized professional who has a passion for both people and numbers. This role is ideal for individuals interested in developing deep expertise in commercial real estate valuation, underwriting, and financial analysis. This position offers a structured path toward becoming a Certified General Appraiser and developing expertise in institutional commercial real estate valuation.
Analysts receive hands-on training, mentorship from senior professionals, and exposure to a wide range of exposure to a wide range of industrial property types including distribution, manufacturing, cold storage, and industrial outdoor storage assets. While we welcome applicants from a variety of academic backgrounds, those studying Real Estate, Business, Finance, or related fields tend to align most closely with the nature of the work.
JOB LOCATION
Candidates for this role should reside in the Chicago, IL metro area.
RESPONSIBILITIES AND DUTIES
- Learn and understand the market fundamentals of the CRE industry
- Develop financial models used to value institutional commercial real estate
- Conduct market and property research through market participant surveys
- Database entry of sale, rent, lease and income & expense comparables
- Comparison analysis of rent, lease and sale comparables
- Analyze rent rolls and leases
- Analyze historical financial performance
- Analyze cash flows using a discounted cash flow analysis
- Value real estate assets
- Take professional education classes towards appraisal licensure
QUALIFICATIONS
- Excellent communication, written, and organizational skills
- Attention to detail and accuracy
- Advanced proficiency with Microsoft Office applications, including Word and Excel, including the ability to navigate spreadsheets efficiently, edit formatting/worksheets, and efficiently enter/manipulate data
- Bachelor’s degree in Real Estate, Finance, Economics, Business, or related field
- Demonstrated commercial real estate experience/interest
- Advanced analytical & modeling expertise, including a working knowledge of Argus a plus
- 2 years of commercial real estate valuation experience a plus
- Hybrid role, with required in-person training for at least 6 months in our Chicago office.
PREFERRED
- Major or minor in Real Estate, Business, or Accounting. Other majors are welcome to apply, especially if they demonstrate a strong interest in real estate appraisal
- Previous real estate appraisal courses completed
- Argus experience preferred
- Experience in conducting research through county records, GIS mapping, Costar, LandVision, or other related industry software
WHAT YOU CAN EXPECT FROM US
- Uncapped performance compensation structure
- Comprehensive benefits package including health, dental, vision, and 401(k)
- Professional development for continuing education and industry involvement
When applying, please include a cover letter, providing a detailed explanation as to your interest and qualifications for the this role, along with your resume.
A CULTURE OF INNOVATION AND FUN
- We welcome novel ideas and solutions from all team members
- An open-door policy with supervisors and management
- A supportive and collaborative work environment
- Continuing education and professional development
- Team Activities
WHAT WE CAN EXPECT FROM YOU
- An interest, or curiosity, in pursuing a career in appraisal
- Curiosity to continue learning and developing in education and skillset
- Interest in advancing the appraisal industry through culture, technology, and innovation
- Willingness to engage in communication, including phone-based research and interviews with market participants
- Persistence in tackling complex tasks and learning through doing
- A coachable mindset and openness to iterative learning
PHYSICAL REQUIREMENTS
- Must be able to communicate clearly in person, over the telephone and via emails
- Visual acuity adequate to perform job duties, including reading information from printed sources and computer screen
HYBRID/REMOTE OFFICE REQUIREMENTS
- Reliable internet connection
- Ability to work with privacy
- Quiet background for making frequent phone calls
We will consider qualified applicants who have criminal histories in a manner consistent with the law.
EQUAL EMPLOYEMENT OPPORTUNITY
It is Partner Valuation Advisors (The Company) policy to provide equal employment opportunities for all applicants and employees. The Company does not unlawfully discriminate on the basis of race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), gender identity, gender expression, national origin, ancestry, citizenship, age, physical or mental disability, legally protected medical condition or information including genetic information, family care status, military caregiver status, veteran status, marital status, or any other basis protected by local, state, or federal laws.
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We collect personal information from you in connection with your application for employment with Partner Valuation Advisors.