Real Estate Analyst - Spring 11
BGC Partners
2021-12-04 02:00:03
Boca Raton, Florida, United States
Job type: fulltime
Job industry: Real Estate & Property
Job description
NEWMARK
About Newmark (Nasdaq: NMRK)
Newmark Group, Inc., together with its subsidiaries ("Newmark"), is a world leader in commercial real estate services, with a comprehensive suite of investor/owner and occupier services and products. Our integrated platform seamlessly powers every phase of owning or occupying a property. Our services are tailored to every type of client, from owners to occupiers, investors to founders, growing startups to leading companies. Harnessing the power of data, technology, and industry expertise, we bring ingenuity to every exchange, and imagination to every space. Together with London-based partner Knight Frank and independently owned offices, our 18,800 professionals operate from approximately 500 offices around the world, delivering a global perspective and a nimble approach. In 2019, Newmark generated revenues in excess of $2.2 billion. To learn more, visit nmrk.com or
KNIGHT FRANK
Together with London-based partner Knight Frank and independently owned offices, our 18,000 experts operate from more than 480 offices around the world. Our long-standing alliance with Knight Frank gives us a global platform and international insight, effectively serving owners, investors, developers and financial institutions across six continents.
Spring11
Spring11, an affiliate of Newmark Knight Frank provides a full suite of commercial real estate services to a wide range of clients including some of the world's largest banks, debt and equity funds, REITs, life insurance companies, brokerages, and investors throughout the United States and Europe. Our team consists of over 280 people based in New York, Atlanta, Houston, Boca Raton, London, and Chennai, India.
JOB DESCRIPTION:
We are currently seeking an Analyst to join our growing team. The Analyst will provide support in delivering real estate analysis, CMBS and other commercial real estate loan underwriting and debt consulting services. This role manages multiple transactions with multiple clients under tight timelines.
ESSENTIAL DUTIES:
* Provide real estate analysis, loan underwriting and debt consulting services to clients.
* Analyze and interpret operating statements, rent rolls and leases for a variety of commercial properties
* Prepare financial models using Excel and Argus (including cash flow projections, sensitivity analyses and return analyses);
* Conduct property / site inspections when needed.
* Perform cash flow modeling based on due diligence findings and in accordance with client and/or rating agency guidelines
* Review and analyze loan transaction packages for preliminary qualification.
* Provide credible recommendations to supervisors and senior management based on market research and analysis
* Draft and prepare Investment Committee memos
* Other ad-hoc projects as assigned
SKILLS, EDUCATION AND EXPERIENCE:
* Bachelor's Degree in Real Estate, Economics Finance or other related field required
* 0-3 years of experience related to commercial real estate experience preferred
* Excellent verbal and written communication skills
* Advanced Excel knowledge and familiarity with Argus
* Ability to work in a fast-paced and quickly changing environment
* Strong organizational and multi-tasking skills
WORKING CONDITIONS: Normal working conditions with the absence of disagreeable elements
NOTE: The statements herein are intended to describe the general nature and level of work being performed by employees, and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.
Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.