Overview

Founded in 1966, Heitman LLC is a global real estate investment management firm with over $44 billion in assets under management. Heitman’s real estate investment strategies include direct investments in the equity or debt capitalization of a property or in the securities of listed and publicly traded real estate companies. Heitman serves a global client base with clients from North American, European, Middle Eastern and Asia-Pacific institutions, pension plans, foundations and corporations and individual investors. Headquartered in Chicago, with additional offices in North America, Europe, and Asia-Pacific, Heitman’s more than 325 employees offer specialized expertise – from a specific discipline to local insight.

The responsibilities of a Valuations Senior Associate include, but are not limited to:

  • Work with asset management, research, acquisition teams and third-party vendors to prepare and analyze quarterly property and debt valuations
  • Assist in driving broader fund initiatives within the valuation space, including automation, Argus standards, valuation standards, training, and other initiatives to be determined
  • Calculate discounted cash flows, yields, distributions, income/capital estimates, net asset values, and returns (including time-weighted returns and IRRs) to prepare fund models and projections
  • Compile and analyze investment budgets and business plans with the asset management team
  • Liaise between fund administration, asset management, joint venture partners, and fund clients
  • Utilize Argus, Yardi, Power BI, and other tools to complete analytical and research tasks
  • Supervise, train, and mentor other team members
  • Lead and manage numerous projects, coordinating with numerous stakeholders and team members to drive results
  • Assist in the development of tech-enabled tools that will increase efficiencies, provide insights, and provide value across the real estate lifecycle
  • Review and coordinate the preparation of quarterly and annual financial reports and supporting accounting workpapers from our third-party fund administrator
  • Demonstrate initiative by leading ad hoc projects and analyses
  • Analyze fund/account models and waterfall/incentive fee calculation

Qualifications

  • Minimum of 3 years of relevant real estate valuation experience
  • Argus experience is required
  • Accounting, finance, and/or real estate graduate
  • Experience with data visualization software (PowerBI, Tableau, etc.), business planning software (Anaplan and similar) and robotic process automation (“RPA”) software is a plus
  • Strong verbal and written communication skills
  • Ability to prioritize tasks, work on multiple assignments, and manage requests from multiple business partners under tight deadlines
  • Ability to work both independently and as part of a team with professionals at all levels
  • Strong analytical and problem solving skills with high attention to detail
  • Proficiency with Excel, Word, and PowerPoint

Source: Heitman Career Page

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About Heitman

With over $37 billion in assets under management, Heitman is one of the world's premier real estate investment firms. Founded in the mid-1960s, Heitman is headquartered in Chicago, Illinois. The company has offices around the world including teams in Chicago, Los Angeles, Frankfurt, London, Luxembourg, Munich, Warsaw, Hong Kong, Seoul, Tokyo, and Melbourne.

Heitman's real estate investment strategies include private investments in real estate equity and debt as well as public real estate equity investments. The company actively manages separate account and commingled fund portfolios focused on core, value-add, and opportunistic strategies across North America, Europe, and the Asia-Pacific. The company is also an active participant in the market for mezzanine and senior debt and offers investment management expertise to institutional investors interested in real estate securities.