Intern – Real Estate Valuation Services – 2024 – (Hybrid)

Unlock the Boundless Horizons of Tax, Valuation, and Business Expertise with Andersen!

At Andersen, we don't just offer a career; we provide a thrilling expedition into the world of Tax, Valuation, and Business Advisory. We stand as a trailblazing force with the most extensive global presence among professional services organizations. You'll embark on a journey that transcends the ordinary, working with extraordinary clients spanning every industry, regardless of their size, because at Andersen, we are free from independence-related constraints that may hinder other firms.

But that's not all; we're more than just a company; we're a community that thrives on diversity, inclusivity, and collaboration. Our focus is on your development helping you flourish as leaders, colleagues and trusted advisors. We equip you with world-class education, immersive experiences, and invaluable mentorship to support your rise to the top.

We believe in your potential and invest in it to build a legacy that extends beyond your wildest dreams. Bring your ambition, your entrepreneurial spirit, and your burning desire to be the best. Your future mirrors the limitless possibilities of our future. Join us at Andersen, and together, let's write the story of your success!

Andersen offers comprehensive valuation services with thorough, independent analyses together with superior client service and responsiveness. Our real estate valuation and consulting services are used by private equity firms, REITS, investment management companies, and individuals for a variety of purposes including management planning, financial reporting, gift and estate tax planning, bankruptcy proceedings, litigation support and others.

As a member of Andersen's real estate valuation team, you will have the opportunity to gain experience and insight into the commercial appraisal and real estate consulting industry. This is a great opportunity for you to learn about overall market trends and property specific factors that drive commercial real estate values locally, regionally nationally and internationally. In addition, you will learn how to reconcile between the thee common valuation methodologies in appraisal practice, research comparable sales and leasing data, analyze property specific income and expense statements, review lease agreements and learn about all the inputs to prepare discounted cash flow models for a myriad of property types.

Responsibilities

• Perform market research using third-party databases and assist in verifying transaction data that will be utilized in appraisal reports as well as real estate consulting engagements for the firm's clients
• Assist in preparing cash flow models (via Excel & Argus Enterprise) that utilize assumptions supported by market research and comparable data
• Learn about the three common valuation methodologies (i.e. Cost, Income, Sales Comparison Approach) and how to apply when appraising commercial real estate and reconciling between multiple value conclusions
• Assist in writing appraisal reports and restricted reports that are compliant with the latest USPAP standards.
• Receive hands on real estate valuation training, direct feedback from industry leaders, and the opportunity to attend real estate networking events and conferences

Compensation and Benefits

For individuals hired to work in Los Angeles, the expected hourly rate range for this role is $35.00 to $40.00 per hour; the actual hourly rate can vary based upon employee qualifications. For additional information on careers at Andersen, please visit our website at: https://www.andersen.com/careers/.

• Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future
• Must be pursuing a Bachelor of Science degree in Real Estate, Finance, Economics, Accounting or related field with a minimum 3.2 GPA.
• Eligible students should be in their 3rd year of a 4-year degree program or in their 4th year of a 5-year degree program. Interns typically join us during the winter/spring or summer prior to their intended graduation year
• Must be proficient in MS Excel (v-lookups, pivot tables, index match)
• Must have strong verbal and written communication skills; comfortable speaking with market participants (i.e. brokers, buyers, sellers, etc.)
• Candidates should have had exposure to business writing and possess a strong literary and grammatical competency
• Familiarity and or experience building Discounted Cash Flow Models for different property types (e.g. industrial, retail, multifamily, mixed-use, hotels, etc.) is a plus
• Previous experience working with Argus Enterprise, Costar Realty, REIS, and RealQuest is a plus
• Previous experience preparing appraisal reports and/or performing appraisal reviews is a plus

Applicants must be currently authorized to work in the United States on a full-time basis.

**Cover Letters are Required to Apply for Valuation jobs**

Andersen Tax welcomes and encourages workforce diversity. We are an equal opportunity employer. Applicants and employees are considered for positions and are evaluated without regard to race, color, national origin, ancestry, religion, sexual orientation (including gender identity and gender expression), mental disability, physical disability, sex/gender (including pregnancy, childbirth, and related medical conditions), age, marital status, military status, veteran status, genetic information, or any other characteristic protected by federal, state or local laws or regulations. All qualified individuals, including those with criminal histories, will be considered in a manner consistent with the requirements of applicable state and local laws. Additionally, we make every effort to provide reasonable accommodations to qualified individuals with disabilities.

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