Research Analyst - Commercial Real Estate

Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended September 30, 2024, Newmark generated revenues of approximately $2.6 billion. As of that same date, Newmark’s company-owned offices, together with its business partners, operated from nearly 170 offices with more than 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

Analysis

Competitive landscape - research and prepare rental market analysis and sales comps for multifamily properties.

Multifamily market and submarket - complete research and analysis of market and submarket occupancy, rental rates and trends, new supply/absorption, home values/sales, industry trends, and other relevant trends

Economic and demographic – complete submarket & market research relating to the labor market (job creation, labor trends, incomes, etc.) and other relevant demographic and economic trends including population growth/trends, projections, etc.

Complete public records research including tax, sale, owner, and other information

Monitor and analyze rent rolls, financials, lease trade out reports, delinquency reports, etc. throughout marketing and DD process and alert broker and transaction management team of performance trends.

Research and maintain construction pipeline

Marketing Content Development - Business Writing & Research

Create packageable charts/graphs, tables, and content narrative for BOVs, offering memorandums, and other ad hoc marketing pieces as needed and partner with graphic designer to ensure appropriate placement of content.

Content shall include:

Property investment highlights

Competitive landscape, market position

Multifamily submarket/market fundamental

Economic and demographic highlights/trends

Location related highlights & demand drivers

Administrative

Update and maintain various information databases for multifamily sales, ownership data, new deliveries, rent and debt info, clients, prospects, etc.

Review PSA and amendments to summarize critical terms of transaction (closing and DD related dates, price, etc.) .

Review and summarize key terms of other legal and deal related files as needed.

Setup and maintain virtual due diligence room with all materials organized appropriately.

Respond to lender requests/questions

Complete expense and mileage reports

CA management & maintenance

Weekly pipeline report for corporate reporting

Agency disclosures - prepare and ensure delivery and execution for all deals

Listing agreements – draft and ensure compliance and current including creation of amendments, protection list, etc. as needed

Monitor and research local market competition and sales activity

Proofread offering materials, proposals and market reports

Perform other administrative functions and prepare communications as directed.

General

Communicate regularly with brokers and other team members regarding workflow and priorities to ensure priorities align

Leverage Global Support Team for assistance with underwriting, charts/tables, property maps, and other assignments as necessary.

Monitor and maintain internal deal tracking system for BOVs, new listings, and awarded deals to ensure defined targets and deadlines are met

Skills and Experience

Bachelor's degree with a major in Business, Accounting, Economics, Finance, Real Estate, Mathematics, Statistics, or related field or work experience to reflect training in fundamental concepts

Intermediate Excel skills

Proficient technical writing skills

Ability to gather key takeaways for real estate transactions from analyzing qualitative and quantitative information

Knowledge of CoStar, Real Estate Capital Analytics, Axiometrics and other real estate data sources is a plus

Strong deductive reasoning, critical thinking, and detail orientation

Must be a self-starter with a strong work ethic and ability to work independently takes initiative with limited supervision