Senior Housing - Senior Surveyor/Associate

My world-renowned international client is looking for a valuer to join their Senior Housing team based in London. The successful candidate will provide seniors with self-contained apartments which offer an independent lifestyle alongside care and support. Additionally, you will sit amongst the Residential Development and Investment Division with cross-over work highly likely.

Housing with care is an emerging sector with recent investment from Goldman Sachs, L&G, AXA IM and Schroders. The sector is in a development phase with equity seeking to invest and is part of the growing institutional investment into residential sub sectors in the UK. The team advise across the full range of operators and price points, from Registered Providers to premium schemes in central London. A significant amount of the work will be on developments, providing valuation advice to lenders, equity and developers.

Clients include:

• Octopus Real Estate
• Legal & General
• Lone Star
• Audley Villages
• Richmond Villages
• Retirement Villages Group
• Housing 21
• Elysian Residences
• Various banks and funders

Responsibilities

• Working as part of a team to service valuation and advisory workstreams.
• The role offers the opportunity to focus on the sector and provide valuations for different purposes across a range of price points.
• Responsibility for the valuation of senior housing developments - to include residual appraisals, GDV’s, trading valuations, assignment fee valuations (by DCF method).
• Preparing and issuing reports to advise on value – including valuations for development finance, financial reporting, acquisition and viability.
• The role will require competence in residual appraisals, detailed cash flow analysis and excellent report writing skills.
• Unit pricing of schemes. Advising on senior living rentals as this part of the sector grows.
• Prepare and manage fee quotes, pitches and client updates.

Skills Required

• Analytical approach with attention to detail and a good work ethic.
• Able to work under pressure and deliver high quality work.
• Strong communication skills – written and verbal are essential.
• Willingness and flexibility to work as part of a team.
• Proficient with Argus Developer, Excel, PowerPoint and Word.
• Interest in the seniors housing sector. Knowledge and understanding of real estate market.
• Proactive approach to business generation.
• Ability to build relationships with colleagues.
• A professional and helpful manner and a genuine interest in property.
• Ability to assess, understand and explain drivers of value.
• This position will ideally suit a self-motivated, well presented individual with a proven background in organisation, cash flow analysis and property due diligence.

Qualifications/Education Required

• MRICS.
• Degree educated.
• Registered Valuer.

Please give me a call to discuss (Sam) 07917 042 950.

sam@varnomross.co.uk

I am a specialist General Practice recruiter with over 7 years’ experience