Description
Responsibilities
- Analyze and evaluate rent rolls and operating statements of properties being considered for sale to determine feasibility and valuation
- Prepare proforma statements and projections which accurately reflect past history of properties as well as current and projected future market conditions
- Prepare discounted cash flow analyses for various income producing properties
- Research, analyze and evaluate market feasibility for various real estate transactions
- Review and summarize tenant leases and articulate issues/concerns in a clear and effective manner
- Convey all particulars of a transaction (financial projections, market and location issues and tenant analysis, etc) in formal written format, for marketing materials presented to clients
- Assist in the preparation of final marketing materials and underwriting for sales transactions
- Articulate findings (both pros and cons) of a transaction to team members in a professional, thorough manner
- Assist in site inspections and property tours
- Assist in collecting and evaluating required due diligence for sales transactions. Make necessary inquiries to Clients to ensure that required information is provided in a timely and effective manner
- Contact appraisers, brokers and research firms for real estate comparable information
Requirements
- Bachelor’s degree required with business or finance concentration preferred
- Previous real estate experience with knowledge of local commercial real estate markets beneficial
- Strong knowledge of Excel, Word and Argus Enterprise (or other discounted cash flow program) essential
- Strong internet research skills a plus
- Strong organizational skills with the ability to prioritize and manage multiple tasks in a timely and thorough manner
- Support and prioritize workloads for several Associates and Brokers simultaneously
- Highly analytical and detail oriented
- Strong math and communication skills
Physical Requirements
- Involves work of a general office nature; typically includes extended periods of sitting and/or operation of a computer for up to 8 hours a day
- May involve periods of standing, such as operating at a copier/fax/scanner
- Regularly required to talk, hear, and use hands and fingers to write and type
- Ability to speak clearly so others can understand you
- Ability to read and understand information and ideas presented orally and in writing
- Ability to communicate information and ideas in writing and orally so others will understand
- Regularly required to utilize vision abilities, allowing reading of printed material, graphics, and computer displays
Experience
1+ to 2 years
This job is no longer active.