**Inquiries about this position, please contact Maria Sather (in Human Resources) at NorthMarq.
**All Candidates interested must apply online to be considered.
NorthMarq Investment Sales is seeking a Analyst who is highly-skilled and driven individual and interested in joining one of the most active multifamily brokerage teams to manage the analysis of properties and financial underwriting for all team assignments and exclusive engagements, while providing support to the production team on other key business initiatives. The to-be-hired analyst will exclusively be part of the team based in Phoenix, AZ and will play a key role in the evaluation and marketing of exclusive engagements procured by the team. The candidate must possess a passion for the commercial real estate industry, specifically multifamily investments, as they will obtain extensive exposure to multifamily assets, manufactured housing communities, and land development opportunities for multifamily product throughout the Southwest, covering both private and institutional capital sectors.
The analyst will be an integral member of production team, providing support on all property related tasks, while working closely with the producers from the onset of all assignments and exclusive engagements. The to-be-hired analyst is expected to collaborate with senior team members in preparation of preparing Opinions of Value, conduct submarket and property-level comparable research reports, and interface with property managers, in addition to the administration of the day-to-day operations for the team. As a result of the requirements of the position, the analyst must be a self-starter and possess the ability to work both independently and cohesively within a team environment.
Individuals with prior Investment Banking or Private Equity experience (Real Estate or M&A) are encouraged to apply.
Preparation of Brokers Opinions of Value and Offering Memorandum
Underwrite income-producing assets using Excel software.
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.
Gather and track critical financial data points for research and negotiation purposes.
Create evaluations of properties and sensitivity analyses.
Conduct market research, including sourcing/mining data, evaluating information, and analytical reporting
Strategize with team members and clients to generate creative alternatives.
Ability to present results of analyses in a formal client setting to audiences with a wide range of financial acumen.
Strategize with team members and provide materials that allow the top producers to generate new relationships
Direct communication with Capital Markets professionals, property managers, asset managers and principals to clarify inconsistencies found during the underwriting process and address other property specific issues.
Strong understanding of 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, but not mandatory.
Ability to comprehend, analyze and interpret various types of real estate documents, including financial statements, loan documents, deed of trust, etc.
Strong verbal and written communication skills – ability to interact effectively and professionally with a wide variety of internal parties.
Close attention to detail, strong organizational skills, and ability to multi-task.
Intermediate-level skills with Adobe InDesign and Microsoft Office Suite including PowerPoint, Excel and Word.
Solid organizational skills and ability to manage multiple assignments with changing priorities.
Team player, strong work ethic and passion to work in the commercial real estate industry.
Strong analytical skills, financial/math skills and a keen sense of numbers.
Internal Number: Phoenix IS
For nearly 60 years, NorthMarq has been a capital markets provider of debt, equity, and loan servicing to commercial real estate investors through its regional offices from coast-to-coast. Our expanded platform now includes investment sales for multifamily assets, further broadening our commitment to building stronger relationships that deliver better results throughout the entire life of ownership.
As a leading capital markets provider, NorthMarq has decades of expertise built on strong relationships. As the company grows, the foundation built on our core values—integrity, respect and community—is critical. We pride ourselves on quality, customer service excellence and results.
We know our most valuable asset is our employees. Recruiting and retaining the best people in the industry is critical to our ongoing success. Each of our employees has opportunities for personal growth and works in a place where results are rewarded. Across all of our 30+ offices, we have a strong sense of camaraderie united by our corporate headquarters in Minneapolis, Minnesota.
We are privately owned, part of the Pohlad Companies family of businesses.