Posted 2w ago

Associate - Ankura Real Estate Advisory - India Service Center

@ Ankura
Gurgaon, Haryana, India
OnsiteFull Time
Responsibilities:Review reports, Model cash flows, Conduct market research
Requirements Summary:1-3 years valuation experience in commercial real estate; strong Excel; CRE software experience; degree in Real Estate/Finance or related field.
Technical Tools Mentioned:Excel, Costar, ARGUS, RockportVAL, CRE-related software, Tableau, Alteryx
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Job Description

Ankura is a team of excellence founded on innovation and growth.

Ankura:

Ankura Consulting Group is recognized as one of the five fastest-growing consulting companies, with 1,500 employees across 32 offices in 4 continents. The Company provides services to its client on expert witness, bankruptcy and corporate restructuring, litigation support, forensic accounting, geopolitical risk assessment, and general management consulting services. Ankura Consulting Group's headquarters is based in Washington, USA.

Why Join Ankura

  • We can support and develop individuals who aspire to be an expert.

  • Vast opportunities for career development, with formal development process, training programmes and internal e-learning training platform, Ankura Academy.

  • Work within a team of world recognised leading experts in an established leading global consultancy.

  • Work with a collaborative environment, where our professionals have the freedom to innovate which promotes curiosity, learning and communication.

Practice Overview:

Ankura’s real estate advisory team possesses deep expertise addressing client issues, utilizing an approach grounded in data, technology, and sophisticated analytical methods. Our team has a history of advising owners, investors, lenders, and users of real estate throughout the ever-changing real estate lifecycle with valuation at the forefront. Our unique blend of technical skills, property type, and locational expertise, and proven analytical track record enable us to deliver insightful solutions essential in navigating the market.

Responsibilities:

  • Review/Prepare valuation reports which includes gathering sale and lease comp data to support concluded DCF values.
  • Model cash flows (rent rolls, operating expenses, capital expenditures, market leasing assumptions) for quarterly interim valuation updates.
  • Review third-party appraisal reports as part of the valuation management process, provide consolidated review comments on third-party valuations, comparing to the recent transactions, other appraisal reports, market conditions, and various market reports.
  • Set procedures for workflow with internal and external stakeholders.
  • Conduct market research through interviews and gather information related to real estate supply, demand, pricing, and investment parameters.
  • Analyze economic, financial, and market data.
  • Review/prepare valuation reports and prepare presentations for team and clients.

Skills And Attributes for Success:

  • Valuation knowledge of Real & Intangible assets using Income Approach (Discounted Cash Flow method & Direct Capitalization Method), Net Asset Value Method (or Cost Method) and Precedent Transaction Analysis (or Relative Valuation/ Sales Comparison/ Market Approach) & performing Sensitivity Analysis
  • Knowledge of developing valuation models, performing highest and best use valuation analysis for purposes of financial reporting, tax planning etc.
  • Knowledge of research databases such as Loopnet, REIS, RCA (real capital analytics), CoStar, CBRE, JLL, C&W, Capital IQ etc.
  • Analyzing financial statements, conducting market research studies and preparing reports
  • Application of Free Cash Flows, Terminal value, Discount rate, Advanced MS Excel models etc.
  • Knowledge of commercial loan level underwriting by valuing the underlying collateral for the US market.
  • Strong knowledge of key clauses in lease.
  • Strong communication, presentation and team building skills and experience in producing high quality valuation reports and presentations.
  • Actively promote the sharing of knowledge within the group; Contribute pro-actively to building team spirit.
  • Exposure to tools like Tableau, Alteryx etc. will be added advantage

Job Requirements:

  • Undergraduate or Post Graduate Degree, with a specialization in Real Estate, Finance, or related field.
  • 1-3 years of prior valuation experience focused on commercial real estate.
  • Experience with financial modelling for commercial property types (Office, Industrial, Retail and/or Multifamily).
  • Strong proficiency in Excel and CRE-related software (Costar/ARGUS/RockportVAL)
  • Strong project management skills: setting team/client deliverable goals, managing deadlines, communicating at-risk tasks.
  • Interest in continuing relevant advanced degree and/or professional certification (appraisal trainee state certified appraiser, multiple states preferred, MAI).

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Ankura is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability. Equal Employment Opportunity Posters, if you have a disability and believe you need a reasonable accommodation to search for a job opening, submit an online application, or participate in an interview/assessment, please email [email protected] or call toll-free +1.312-583-2122. This email and phone number are created exclusively to assist disabled job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be returned. Messages left for other purposes, such as following up on an application or technical issues unrelated to a disability, will not receive a response.