Senior Housing Valuation Appraiser (VP)

Senior Housing Valuation Appraiser (VP)Chicago, Illinois, United StatesNew4 additional locationsColumbus, Ohio, United StatesKansas City, Missouri, United StatesIndianapolis, Indiana, United StatesMinneapolis, Minnesota, United StatesValuation & AppraisalRequisition # 21002877Post Date 2 hours agoJOB SUMMARYIndependently prepares seniors housing market value appraisals on complex real estate assets with review by Director, Managing or Director, Sr. Managing (one of whom must be [MAI] Member of the Appraisal Institute). Prepares seniors housing appraisal reports from start to finish on simple or complex assets, including all Appraiser responsibilities as well as performing detailed appraisal analysis in order to value real estate. May mentor trainees and/or develop new client relationships.ESSENTIAL DUTIES AND RESPONSIBILITIESIdentifies value to be estimated by studying appraisal request, problem to be solved, and scope of the project, such as, mortgage financing, insurance replacement cost calculation, estate valuation, tax appeals, equitable distribution, corporate employee relocation, investment, or sale; identifying property characteristics.Determines valuation method by selecting approach and techniques for valuing property, i.e., cost, direct sales comparison, and income capitalization; identifying property characteristics and attributes.Researches and analyzes property information by collecting, verifying, and analyzing data regarding inventory of competitive properties, sales and listings, vacancies and offerings, absorption rates, demand studies, social, economic, governmental, and environmental characteristics, restrictions, encumbrances, covenants, contracts, declarations, special assessments, ordinances, cost and depreciation, income/expense and capitalization rate, history of ownership, and use of the property; conducting analyzes and studies, e.g., land utilization, supply and demand, economic feasibility, highest and best use, marketability, development, litigation support; searching databases; inspecting property; interviewing people in a position to understand the property.Prepares appraisal report by describing physical and economic property characteristics, appraisal procedures used, and information analyzed; disclosing extraordinary assumptions, and hypothetical and limiting conditions; presenting supportive reasoning.Maintains organization reputation by conforming to the Uniform Standards of Professional Appraisal Practice (USPAP); keeping information confidential.Updates job knowledge by tracking current real estate values and property development potential, including land use restrictions; participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations for the purpose of conducting accurate appraisals.Contributes to overall organizational goals by adding to database, setting up a library, specializing in niche real estate markets, mentoring trainees, and engaging in client development.Other duties may be assignedSUPERVISORY RESPONSIBILITIESCoordinates and assigns tasks to co-workers within a work unit and/or project team. Leads project teams and/or plan, and supervise assignments of lower level employees. May have responsibility for identifying training needs, tracking performance, coaching, and motivating a work unit and/or group.QUALIFICATIONSTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.EDUCATION and EXPERIENCEBachelors Degree (BA or BS) from four-year college or university required.Master's degree (MA, MS or MBA) preferred.A minimum of (8) years commercial appraisal experience, of which consists of at least (3) years seniors housing valuation focus.CERTIFICATES and/or LICENSESMust have General State Certification/License.MAI preferredCOMMUNICATION SKILLSAbility to comprehend, analyze, and interpret complex business documents.Ability to respond effectively to sensitive issues.Ability to write reports, manuals, speeches and articles using distinctive style.Ability to make effective and persuasive presentations on complex topics to employees, clients and/or public groups.Ability to motivate and negotiate effectively with key employees and client groups to take desired action.FINANCIAL KNOWLEDGERequires above-average knowledge of financial real estate terms and principles.Complete understanding of approaches to value of real estate assets.REASONING ABILITYAbility to solve advanced problems and deal with a variety of options in complex situations.Requires expert level analytical and quantitative skills with proven experience in developing strategic solutions for a growing matrix-based multi-industry sales environment.Draws upon the analysis of others and makes recommendations of significance to the operation.OTHER SKILLS and ABILITIESMust be proficient in Argus, MS Word and MS Excel.Good writing skills.SCOPE OF RESPONSIBILITYExtensive depth of knowledge within the seniors housing industry. Decisions made with thorough understanding of procedures, company policies, and business practices to achieve general results and deadlines. Responsible for setting work unit and/or project deadlines. Errors in judgment may cause short-term impact to department.US Company ProfileAbout CBRE Group, Inc.CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)