Associate, Valuations (Data Centers)

Overview
Who We Are
Revantage, a Blackstone Real Estate portfolio company, is a global provider of corporate services.
With a corporate purpose of 'In Pursuit of Better,' Revantage delivers value-added services and world-class talent for Blackstone Real Estate portfolio companies, spanning diverse asset classes, including residential, logistics, office, hospitality and retail sectors. Headquartered in Chicago, the company's footprint extends across North America, Europe and Asia Pacific.
Rooted in a commitment to collaboration and inclusivity, Revantage goes beyond traditional corporate services and acts as a trusted partner. Across offerings that include finance, technology, human resources and operations, Revantage proactively anticipates stakeholder needs, recruits exceptional talent and enables its business partners to thrive.
What We Value: Our Culture
Our people are our most important asset, enabling Blackstone portfolio companies and investments to scale and thrive. Together, we foster a workplace where everyone can be themselves, enabling them to do their best work.
At Revantage, we have exceptional people who live our values and help us pursue better every day. We offer dynamic and meaningful work, competitive compensation, benefits and flexibility. We listen and take action to ensure our organization evolves to reflect our employees' voices and support an inclusive culture.
Our demonstrated commitment to our people and collaborative culture have earned us numerous awards as a top employer.
Our culture is built on our shared core values and commitment to be:

• Learners - We learn from our challenges and successes
• Leaders - We commit to continuous improvement
• Enthusiasts - We face challenges with optimism and believe anything is possible
• Achievers - We expect high standards for ourselves and enable the success of our teams
• Partners - We deliver value and positive impact to our partners

Grow your career with us. As a member of our team, you'll gain hands-on experience in the real estate industry and benefit from a supportive environment that fosters personal and professional growth.
Why This Role Is Valuable
The Associate, Valuations (Data Centers) will provide valuation and analytical support and performance reporting for Blackstone, Revantage, and the portfolio companies' senior management.
This position is based out of Revantage's headquarters in Chicago, IL.
How You Add Value
Support Creation and Management of Asset Valuation Models

• Support the preparation of monthly and/or quarterly property valuation models and portfolio analytics for the data center asset class.
• Review third-party reports, commission appraisals, market studies, and other pertinent real estate documents with the goal of abstracting relevant and actionable data for valuations.
• Support the monthly and/or quarterly valuation advisor process.
• Provide analytical and valuation support for property investments, including preparing leasing, operating, capital, and financing analyses.
• Effectively obtain property information from various source systems (MRI, Yardi, CoStar, Green Street, etc.) and build data quality mechanisms to ensure integrity of information.
• Work with portfolio companies to maintain a portfolio of Argus files keeping the data current by proactively sourcing periodic updates for newly executed leases, changes in market leasing assumptions, and adjustments to other income, operating expenses, and capital expenditures.
• Manage and maintain robust excel based cash flow models populated by Argus models and/or other data sources.
• Build and maintain effective control processes to monitor and track changes in the assumptions of valuation models.

Support Valuation Reviews, Analytics and Performance Reporting Processes

• Provide portfolio analytics summaries and property-level performance reporting to Blackstone and portfolio company management teams.
• Prepare presentations and investment summaries for Blackstone, Revantage, and portfolio company management teams.
• Gather and report on market intelligence including recent sales data and prevailing market conditions.
• Provide management reporting for pertinent financial details and support for assumptions contained in valuation models.
• Support activities related to obtaining external 3rd party asset appraisal values; provide required materials to appraisers and review appraisal outcomes and underlying assumptions.
• Support the valuation model process with Blackstone stakeholders and revise valuation model based on feedback.
• Coordinate with and support the Blackstone team in its work with its auditor to respond to questions and provide supporting documentation.
• Perform other duties as requested.

What You Bring To The Role
Required:

• Bachelor's degree in accounting, finance or a business-related field.
• Minimum 3+ years' experience in real estate valuation, equity valuation, underwriting experience or real estate audit review
• Strong MS Excel and Argus Enterprise experience. ADW experience is a plus. Excel data tools (i.e., Macabacus, S&P Capital IQ, etc.) experience is a plus
• Ability to multi-task and manage shifting priorities and deadlines, with attention to detail and an ability to work both independently and in a team environment.
• Excellent communication, problem solving, and interpersonal skills necessary.
• Must be a motivated self-starter with strong team leadership and problem-solving skills, the aptitude to think independently, and the motivation to work with a team in a rapidly changing environment
• A strong work ethic and desire to thrive in a dynamic and demanding work environment.
• Ability to travel up to 10% domestically.

Base Compensation Range :
$90,000.00 To $130,000.00. This represents the presently-anticipated low and high end of the Company's base compensation range for this position. Actual base compensation range may vary based on various factors, including but not limited to location and experience.
Total Direct Compensation : This job is also eligible for discretionary bonus and incentive compensation on an annual basis.
Benefits : The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO).
The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility.
Perks for You

• Competitive salary, overall compensation, and 401(k)
• Work-life balance offerings include:
  • Hybrid Work Policy
  • Productivity Hours - weekly meeting-free work time
  • Summer Fridays
  • Work From Anywhere Month
• In-house and external learning & development opportunities
• Generous health insurance and wellness benefits

EEO Statement
Revantage is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email [email protected]
Please review the job applicant privacy notice here .