Newmark Knight Frank (NKF), operated by Newmark Group, Inc. (NASDAQ: NMRK), is one of the world's leading commercial real estate advisory firms. We provide a fully integrated platform of services to prominent multinational corporations and institutional investors across the globe, as well as to occupiers, owners and developers of real estate on a local, regional and national level.
Together with London-based partner Knight Frank and independently-owned offices, NKF's 14,100 professionals operate from more than 400 offices in established and emerging property markets on six continents.
We are seeking a Senior Financial Analyst with 3-5 years of experience in commercial real estate, prior multifamily and/or underwriting experience is preferred. The ideal candidate will work with our Multifamily Capital Markets Investment Sales team located in Philadelphia, PA.
Essential Job Duties:
Financial analysis of multifamily opportunities, including existing, value add, and ground-up developments using proprietary excel underwriting model, and leverage 3rd party research sources to generate comp support for BOV
Actively assist in the research, writing, and proofing Investment Sales marketing offering memorandums (OMs) and Broker Opinion of Values (BOVs)
Research and maintain databases which track Investment Sales activity, construction pipeline, rent and expense comp databases and other relevant real estate metrics
Support business development efforts by maintaining owner databases and tracking of target properties and prospective client targets
Develop and maintain market knowledge through regular reading of industry trade journals, economic forecasts, and news-related periodicals
Assist in the creation and editing of "state of the market" presentations given at national conferences and in private client meetings
Track job data and new developments pertinent to Pennsylvania, New Jersey and Delaware markets
Point of contact for due diligence process once listings are under contract
Conduct transaction coordination and due diligence coordination for the Investment Sales team
Other responsibilities and duties as assigned
Skills, Education, and Experience:
Bachelor's Degree in Real Estate, Finance and or Accounting or equivalent experience
3-5 years previous professional experience in real estate underwriting (multifamily related experience preferred)
Ability to multitask
Excellent attention to detail and organizational management skills
Strong verbal and written communication
Analyze qualitative and quantitative information
Resourceful; able to distill large data into pertinent conclusions relevant to property or market level
Work successfully under pressure; resourceful self-starter
Computer proficiency (Excel, PowerPoint, Word)
Knowledge of Argus preferred
Strong proofreading and editing abilities
Writing and underwriting exercise may be administered
Benefits and Perks:
Industry leading Parental Leave Policy (up to 16 weeks)
Bright Horizons back-up care program
Generous paid time off
Opportunities to network and connect
Benefits/perks listed may vary depending on the nature of your employment with Newmark Knight Frank and the job location.
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 Knight Frank 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.