Real Estate Valuations Manager

Job description

Team environment, newly constructed offices, state of the art technology, and a long standing commitment to our employees and the community are just a few of the reasons to consider joining our team! The Real Estate Valuations Manager is responsible for leading all property valuation activities across the company’s shopping center and mixed-use portfolio. This role ensures that asset values are accurately assessed, strategically positioned, and consistently aligned with both financial reporting and tax optimization objectives. The Valuations Manager partners with internal departments, external appraisers, and tax consultants to develop valuation strategies that support corporate decision-making, capital planning, and long-term portfolio growth. In This Role, You Will: • Lead and oversee all valuation activities for the company’s real estate portfolio, including periodic internal valuations, third-party appraisals, and acquisition analyses. • Strategically position valuations to optimize property tax outcomes while ensuring compliance with applicable laws, appraisal standards, and accounting policies. • Partner with external appraisers, assessors, and tax consultants to manage valuation processes, coordinate documentation, and manage property tax appeals. • Prepare and present quarterly reports to the Valuations Committee, summarizing current valuation activities, key market movements, property performance trends, and strategic recommendations. These reports should include updates on ongoing tax appeals, changes in assessed values, portfolio revaluations, and any factors materially impacting asset valuations or financial forecasts. • Collaborate cross-functionally with Accounting, Leasing, Development, Operations, and ownership to ensure valuation inputs reflect current and projected asset performance. • Analyze market conditions, capitalization rates, and comparable sales to provide management with insights that support portfolio strategy and decision-making. • Provide valuation analysis and support for acquisitions and dispositions, including due diligence review and integration of newly acquired assets. • Maintain comprehensive documentation of valuation assumptions, methodologies, and outcomes for audit and regulatory purposes. • Identify opportunities to enhance valuation accuracy and efficiency through data analytics, automation tools, and process improvements. Why You’ll Love Working with Us: When you join Cafaro you become part of the Cafaro Team and Family. You will work alongside team members to achieve ambitious and exciting goals every day. As an employee with Cafaro, you will also benefit from the following: • Competitive health care plan with low deductibles. • Dental & Vision insurance. • Life and Long-Term Disability insurance • Annual paid time off benefits • Comprehensive wellness plan that includes reimbursement for gym memberships. • Nine paid holidays are provided annually. • A Safe Harbor 401(k) retirement plan Your Qualifications: • Minimum of 5–7 years of experience in real estate valuation, appraisal, or financial analysis—preferably within retail, shopping center, or commercial development sectors. • Experience with property tax assessments, appeals, and valuation positioning strategies preferred. • Excellent negotiation, analytical and problem-solving abilities. • Proven ability to manage multiple priorities, meet deadlines, and work collaboratively across departments. • Position requires occasional travel for meetings, site visits, or training as needed. • Willingness to work in a team-oriented environment at our headquarters in the Eastwood Mall Complex in Niles, Ohio. Your Education: • Bachelor’s degree in Finance, Real Estate, Accounting, or related field. Why Cafaro: For over 75 years, we have been dedicated to bringing high-quality retail developments to communities across America. We understand that the needs and preferences of each market evolve, and we respond by creating vibrant centers that serve as destinations for shopping, dining, and entertainment. This vision was born from the entrepreneurial spirit of our founders, brothers William M. Cafaro and John Cafaro. Their journey began by developing properties for grocery stores, and in 1949, they established the foundation for what would become a leading force in retail development across the nation. Today, the Cafaro portfolio boasts over 50 properties, encompassing more than 30 million square feet of developed space across 10 states. The third generation of the Cafaro family now leads the company, with Co-Presidents William A. Cafaro and Anthony Cafaro, Jr., guiding this dynamic organization with their unique talents and vision. While embracing innovation, they remain deeply committed to the values of stability and integrity instilled by their father and grandfather. Cafaro’s Mission: The Cafaro family of companies shall continue our commitment of fiscally managed preservation and growth of our commercial real estate and investment portfolios. Based upon a strategic approach of continuous reinvestment and improvement of our real estate assets and disciplined non real estate asset management and investment, the organization shall maintain its autonomy as a privately controlled family owned business. This commitment recognizes that our people, as an extension of the Cafaro family, constitute our most important resource. Accordingly, by promoting an environment that values fairness, respect, and recognition, the organization shall endeavor to stimulate amongst its people accountability, personal growth, and self-esteem. The hallmark of the organization shall continue to be characterized by an unparalleled sense of loyalty, pride, dedication, and strong work ethic. In the tradition of our founders, we shall maintain our present business relationships with honesty, openness, integrity, and credibility. These values shall be the foundation of future relationships as we plan for a future of continued prosperity. It is the policy of the Company to provide Equal Employment Opportunity to all employees and job applicants. It is the policy of the Company to provide Equal Employment Opportunity to all employees and job applicants. The employment practices of the Company are conducted without regard to race, creed, color, national origin, disability, sex (except where sex is a bona fide occupational qualification as specified under the Equal Employment Opportunity Act of 1972), religion or age.