Position Responsibilities
- Candidate must possess excellent writing skills thus effectively conveying a clear message regarding the Property, the Submarket, and the Opportunity for our marketing materials.
- Underwrite income-producing assets using Excel software including :
- Analyze historical operating statements, budgets, leases and loan agreements, as well as current market conditions in order to determine financial underwriting assumptions.
- Review, analyze, comprehend, abstract and interpret various types of real estate documents.
- Identify critical property level financial issues and recommend areas for value-add opportunities.
- Create evaluations of properties and sensitivity analyses.
- Strategize with team members and provide materials that allow the top producers to generate new relationships including gathering and tracking critical data points for research and business development purposes
- Prepare disposition proposals and offering memoranda for new or existing assignments in conjunction with the marketing team and upper management
- Perform real estate market and location-specific research and assess and summarize tenant credit and financial statements
What We're Looking For :
- Minimum 1-2 years of relatable experience, strong financial analysis is a requirement. CRE Internship experience is considered.
- Experience with Microsoft Office Suite (Excel) required, experience in Salesforce and Costar a plus
- Ability to operate in a fast-paced environment, take direction, and multi-task under tight deadlines
- Strong understanding of finance analytical skills, financial terms, and principles necessary in real estate underwriting, including Discounted Cash Flow, IRR, NPV, Time Value of Money, Return on Equity, etc.
- Experience involving the valuation of income-producing properties is a plus
- Ability to comprehend, analyze and interpret various types of real estate documents, including financial statements, loan documents, deed of trust, etc.
- Candidate must possess strong verbal communication skills ability interact effectively and professionally with a wide variety of internal / external parties.
- Attention to detail, organizational skills, ability to manage multiple assignments with changing priorities.
- Team player, strong work ethic and passion to work in the commercial real estate industry.
- Obtain a real estate brokerage salesperson license within first 180 days of employment is required.
Northmarq offers a highly competitive benefits package including : medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance, paid parental leave and adoption assistance, education assistance, volunteer paid time off, charitable contribution match and so much more!
6 hours ago