Starwood Real Estate Income Trust, Inc. is a perpetual-life, monthly NAV REIT that directly invests in high quality, stabilized, income-producing real estate. SREIT is managed by Starwood REIT Advisors L.L.C., a subsidiary of Starwood Capital Group.
The SREIT Real Estate Valuation group's primary function is establishing fair market values of the underlying assets in SREIT's real estate portfolio through third party appraisals and internal valuations.
Responsibilities include:
Manage monthly valuation process for SREIT, which includes global investments across multiple sectors, primarily multifamily and industrial
Oversee and coordinate supporting documentation and backup for valuations in conjunction with the asset managers in accordance with SREIT's monthly valuation process
Interface directly with various teams including, Asset Management, Portfolio Management, Acquisitions, Capital Markets and Accounting teams in preparing valuations, which includes financial modeling and valuation analysis
Develop and manage third-party relationships with appraisal firms
Coordinate third-party debt valuations with the Capital Markets team and our third-party advisors
Maintain tenant database and update with pertinent information such new leases, amendments, leasing metrics, occupancies, tenant credit ratings, and more
Conduct impairment analyses, in conjunction with the quarterly audit process
Aid in valuation automation projects and assisting in enhancing the group's reporting processes, procedures and analytics
Review / prepare summaries, presentations and memorandums for senior leadership and board of directors
Support SREIT's finance and investor relations teams on an ad hoc basis for due diligence and/or investor requests
Perform ad hoc sensitivities and analyses to assess the impact of material market events on the portfolio valuations (e.g. regulatory changes, interest rate movements, etc.).
Managing and mentoring junior staff
Qualifications
Bachelor's degree in real estate, finance, business or related area with strong GPA
6-10 years of real estate valuation experience
Experience with open-ended real estate fund finance, valuations and performance reporting
Strong understanding of real estate valuations and cash flow modeling, including Excel and Argus
Strong leader with solid business judgment who has ability to partner across teams, highlight key issues and develop recommendations
Excellent communication skills (both written and oral)
Strong analytical and quantitative skills and detail-oriented
Highly organized and ability to multitask with many priorities
A true self-starter capable of accomplishing complicated tasks with limited supervision
Authorization to work in the United States
