Job Category:

Valuations & Appraisals

Pay Grade Range:

$37,950.00 - $88,550.00

Disclaimer: The base salary range represents the low and high end of Altus Group’s “Pay Grade Range” for this position in the primary work location. Actual hiring salaries will vary depending on factors including but not limited to work experience, and geographic market data for the role. The Pay Grade Range listed above does not reflect Altus Group’s total compensation for employees. Other rewards may include an annual bonus, flexible work arrangements, and region-specific benefits.

Unlock your Altus Experience!

If you’re looking to advance your career in data analytics, expertise, and technology for the rapidly growing global CRE market, there’s no better place than Altus Group. At Altus, our work is purposeful. Every day, our employees drive impact, innovate, and shape the global commercial real estate (CRE) and PropTech industry.

Our people-centric culture empowers you to deliver in a high trust, high performance culture, surrounded by an inclusive team that’s collaborating to modernize our industry. We invest in our people with training and growth opportunities designed to propel you further in your career while providing a flexible and progressive workplace that reflects our values and teams.

Job Summary

Altus Group is currently seeking a Commercial Real Estate Appraisal Analyst to join our Research, Valuation, and Advisory division in our Calgary office. The Analyst will work within a dynamic team gaining experience in commercial real estate valuation.

The Analyst will be responsible for the collection, analysis and organization of industrial to commercial real estate data, which is to be used for property assessment and valuation consulting services. In addition, the role will work closely with senior staff providing research and consulting support for key assignments.

Key Responsibilities

Prepare accurate analysis or portions of appraisal reports using the latest market information obtained from various internal / external partners. Extensive senior co‐worker review is anticipated
Develop cash flow projections to be used in the appraisal process, using industry standard software such as Excel, Argus DCF, Argus Enterprise, Argus Developer or other appropriate software. Extensive senior co‐worker review is anticipated
Conduct research and collect data from both internal database and third party sources with respect to market rental rates, comparable building transactions and general market knowledge
Ensure data collected as part of on‐going assignments is entered accurately into the company database in a timely fashion
Conduct market surveys and research by calling various market participants (e.g. brokers, developers, property managers, leasing agents, municipalities, City Planners, etc.)
In partnership with the Consultant, Sr. Consultant, Associate Director, Director, or Sr. Director, perform building inspections
Continuously upgrade the level of knowledge regarding market and industry trends
Accurately complete time sheets on a daily basis ensuring non billable time and recoverable expenses are clearly outlined
Become a Candidate with the Appraisal Institute of Canada. Maintain Candidate status by completing requirements outline by the AIC, e.g. completing minimum of one (1) of the required courses towards designation per year

Key Qualifications

University or college degree, preferably in Commerce, Economics, or Finance
0-2 years of relevant experience in commercial appraisal/real estate valuation
Excellent communication skills – written, verbal, and oral presentation
Valid driver’s license
Proficiency in Microsoft Office Suite: Word, Outlook, Excel (vlookup, if statements, pivot tables, etc.)
Basic skills in creating financial models (i.e. Excel, Argus, etc.)
Excellent research, quantitative and analytical skills
Ability to work in a team and independently
Self-motivated with a high degree of integrity, honesty, and ethics
Availability to work flexible hours and travel locally for building inspections
Candidate for the Appraisal Institute of Canada (AIC) designation is considered an asset

What Altus Group offers:

Rewarding performance: We are pleased to be able to provide employees competitive compensation, incentive and bonus plans, and a total rewards package that prioritizes their mental, physical and overall financial health.
Growth and development: As a destination for top industry talent, we’re investing in you to meet the evolving needs of our clients and deliver on your professional goals. Our Altus Intelligence Academy offers over 150,000 hours of learning materials catering to diverse stages of an employee’s career journey.
Flexible work model: We’re modernizing our employee programs to reflect the new world of work. Our Activity-Based Work model provides you with flexibility to align your work location to the work being performed - office for connecting and collaborating, and remote for focused work.

Altus Group is committed to fostering an inclusive work environment where all clients and employees feel welcomed, accepted and valued. We provide an atmosphere free from barriers to promote diversity, equity, and inclusion, and encourage equal opportunities for all employees. We’re seeking candidates with diverse experiences and provide accessible candidate experiences throughout the selection process. If you need accommodation, please contact us at accessibility@altusgroup.com or +1 888 692 7487.

We appreciate all applicants who take the time to apply to Altus Group. Please note that only those who are selected to move forward in the process will be contacted. Thank you.