Internship - CRE Investment Sales Analyst

Maria Sather
Phoenix

Internship – CRE Investment Sales Analyst

NorthMarq Phoenix, AZ

 

**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 team in Phoenix, AZ  is seeking a highly-skilled and driven individual for immediate hire, who is 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 Intern will have the opportunity to become a full-time analyst after graduation 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 Intern/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 intern/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.  

 

Responsibilities:


• Preparation of Brokers Opinions of Value

• 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.

• 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.


Qualifications:

• Currently enrolled in a Bachelor's program, graduating in 2021 or 2022.

• Close attention to detail, strong organizational skills, and ability to multi-task.

• Experience in Adobe InDesign and Microsoft Office Suite  Salesforce experience a plus.

• Strong 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.

• Strong analytical skills, financial/math skills and a keen sense of numbers.