Analyst, Financial
Summary
Financial Analyst role in Newmark’s Capital Markets group, underwriting and modeling commercial real estate deals in Boston’s multifamily sector, using Argus Enterprise and Excel.
We are seeking a candidate with 3+ years of experience in commercial real estate to work as a Financial Analyst within Newmark’s leading Capital Markets group, which has completed $80B of transactions over the last 10 years. The candidate will work directly with the Multifamily Capital Markets group in Boston, which focuses exclusively on the sale, recapitalization, and strategic advisory of commercial real estate assets in the Greater Boston Metro including submarkets throughout New England. The candidate will gain a high degree of exposure and will have the opportunity to be involved in every stage of the transaction including underwriting, market research, property tours, preparation of offering memorandums, marketing and term sheet negotiation, and client meetings / events. The ideal candidate possess strong analytical skills, including a deep understanding of the commercial real estate underwriting and due diligence process, a high degree of initiative, a desire to continuously learn and the ability to thrive in a fast-paced, detail-oriented team environment.
Financial modeling and underwriting prospective assignments (individual or portfolios of investment properties to include but not limited to industrial, office, retail, multi-family, hospitality and land)
Assisting with due diligence required for underwriting and marketing (review and abstracting of leases, appraisals, property condition reports, environmental reports, income and expense statements, rent rolls, mortgage notes, title searches, etc.)
Assisting in obtaining revenue and asset’s acquisition/ disposition information
Reviewing, consolidating and summarizing information for valuation and marketing purposes
Coordinating financial analysis matters with other departments, locations and divisions
Developing offering and presentation packages
Researching for comparable sold and for-sale listings as well as submarket statistics such as competitive inventory, availability, lease rates, etc.
Assisting with public records research for potential assignment opportunities
May perform other duties as assigned
Bachelor’s degree or MBA in Real Estate, Economics, Finance, Mathematics, Statistics
3-5 years of commercial real estate, private equity, or investment banking experience with an emphasis in financial modeling
Advanced knowledge of Argus Enterprise and Excel
High-level understating of financial concepts such as IRR, NPV, Cash-on-Cash, Residual
Proficient technical writing skills
Ability to gather key takeaways for real estate transactions and recapitalizations from analyzing qualitative and quantitative information
Knowledge of CoStar, Real Estate Capital Analytics, Axiometrics and other real estate data sources is a plus
Knowledge of loan documents and terminology
Experienced with Word, PowerPoint, Outlook, and Teams