Investment Sales Analyst - Commercial Real Estate (Los Angeles)
Investment Sales Analyst - Commercial Real Estate
Northmarq – Los Angeles (Century City), CA
NORTHMARQ - WHERE THE BEST COME TO THRIVE
Northmarq is entering a new era, and a landmark career opportunity is waiting for you. Northmarq is independent, and fiercely so, with the freedom to do things the right way. To hire the very best. To give them the resources to thrive. We do it because that’s what we believe. Northmarq is not held back by principles, we’re propelled by them. We and our clients are growing fast because we’re providing something rare and valuable: easy access to the industry’s best talent, an agile and collaborative style, and vast resources to execute flawless deals for our clients and partners. Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate.
Northmarq is seeking an Investment Sales Analyst in their Los Angeles (Century City), CA office to join an active and top-performing Commercial brokerage team. The candidate must have prior experience within the commercial real estate industry, and an intimate familiarity with multifamily investments is preferred. The individual will be expected to tour properties with investment sale team members and subsequently interpret the physical and financial information into a comprehensive marketing strategy that will be used in all relevant materials shared with clients. Those who possess intellectual creativity and critical thinking skills, coupled with being a driven and self-motivated individual, are encouraged to apply.
The individual must be able to efficiently manage a variety of responsibilities for each individual assignment with the ability to work both independently and cohesively within a team environment. Additionally, the candidate must be willing to work extended hours as needed.
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.
- 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 brokerage producers to generate new relationships including gathering and tracking critical data points for research and business development purposes
- 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.
What We're Looking For:
- Four-year college degree. Major in Real Estate, finance, accounting, or business area preferred
- A minimum of 1-3 years of relatable experience, and a financial analysis background is a requirement. CRE Internship experience is considered.
- 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.
- Intimate knowledge of Los Angeles and submarkets and Real Estate trends is preferred
- Ability to comprehend, analyze and interpret various types of real estate documents, including financial statements, loan documents, deed of trust, etc.
- Experience with Adobe Creative Suite (InDesign) and Microsoft Office Suite (Excel), experience in Salesforce a plus.
- Ability to operate in a fast-paced environment, take direction, and multi-task under tight deadlines
- Candidate must possess strong verbal communication skills – the ability to interact effectively and professionally with a wide variety of internal/external parties.
- Attention to detail, 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.
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!
California Residents: Northmarq carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum starting salary for the Investment Sales Analyst position is $64,480.00 annually plus a bonus and full benefits offered. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience.