Commercial Valuations Associate

Department:

We are Walker & Dunlop. We are one of the largest providers of capital to the commercial real estate industry, enabling real estate owners and operators to bring their visions of communities — where people live, work, shop, and play — to life. We are committed to creating meaningful social, environmental, and economic change in our communities.

Department Overview

Apprise by Walker & Dunlop, a wholly owned subsidiary of W&D, changes how our clients are served and delivers an elevated valuations experience. We drive faster, better valuation decisions and add value at every step of a deal. We combine industry-leading multifamily underwriting experience, data science, and analytics technology prowess. Our platform leverages the skills of the most trusted MAI-designated valuation experts in the U.S. and we are actively developing the appraisal tools of the future. The next generation of valuations experts manifests within Apprise, adopting and driving technology to become the nation's largest multifamily valuations company, while providing valuations service for many other specialties and sectors.

Primary Responsibilities

• Participate in all aspects of preparing legally-compliant appraisal reports in and around the assigned territory 
• Compile relevant macro- and micro-level market research 
• Catalog and analyze property-specific financial due-diligence materials, including income and expense statements, rent rolls, purchase and sale agreements, offering memoranda, investment proformas, development cost budgets, federal housing subsidy contracts, etc.  
• Conduct competitive market research and analyze comparable sales, rents, amenities, locations, etc.  
• Assist in development and refinement of software programs and financial models for valuation applications  
• Communicate and problem-solve daily with teammates, clients, vendors, and other stakeholders, often in combination with travel 
• Perform other duties as assigned

Education and Experience

• Bachelor’s or master’s degree (Real Estate, Finance, Accounting, Economics, Statistics, or Business preferred) 
• Preferred 2+ years of commercial/multifamily real estate valuation, underwriting, or financial analysis experience 
• Active and good standing Appraiser Trainee license (or on track to complete)  

Knowledge, Skills and Abilities

• Proficiency with Windows OS and Microsoft Word and Excel 
• Strong analytical skills: proven acumen in financial modeling or real estate underwriting 
• Working knowledge of commercial real estate data services preferred: REIS, CoStar, RealPage, Yardi, ESRI, etc. 
• Excellent verbal and written communication skills; comfortable on the phone with market participants 
• Strong literary and grammatical competency; very comfortable with business-formal writing composition 
• Strong propensity to take initiative with minimal direction  
• A genuine interest in PropTech and multifamily real estate 
• Proficiency with Windows OS and Microsoft Word and Excel
• …