Part Time Commercial Real Estate Analyst
Manhattan, NY
Marcus & Millichap Capital Corporation – MMCC Staff (IPA) /
Part-time /
On-site
Marcus & Millichap Capital Corporation (the “Company”), a subsidiary of Marcus & Millichap, Inc. (NYSE:MMI) is seeking a temporary part time Analyst, Capital Markets, to join a top producing commercial real estate debt and equity origination team. The candidate will support the team in the origination and execution of financing transactions and will be responsible for financial modeling, market and sponsor due diligence, and assisting with the creation of offering memorandum. This role is designated to be a non-exempt position.
This role requires working up to 20 hours per week, and the length of assignment is approximately 6 months. The anticipated salary range for candidates who will work in Manhattan, NY is $16.00 - $20.00/hour. The final salary offered to a successful candidate will be dependent on several factors that may include but are not limited to the type and length of experience within the industry, education, etc. Marcus & Millichap is a multi-state employer, and this salary range may not reflect positions that work in other states.
KEY RESPONSIBILITIES:
- Assist in the preparation of engagement agreements.
- Review and input property rent rolls, leases, and operating statements.
- Perform due diligence on prospective and existing clients using various data sources.
- Research local real estate markets to identify trends, opportunities, and potential risks.
- Assist in the development of pro-formafinancialsandcashflow models.
- Request and coordinate transaction documentation.
- Follow up with clients, prospective buyers, and investors on issues related to transaction closings.
- Ensure required closing documentation is posted to internal systems.
KEY ATTRIBUTES AND EXPERIENCE:
- 1 to 3 years of commercial real estate experience in advisory, banking, or valuation.
- Pursuing advanced degree in commercial real estate, finance, or accounting required.
- Financial modeling skills with core competency using Excel.
- Financial modeling skills with Argus is preferred.
- High attention to detail in analytical assessments and valuations.
- Ability to manage multiple tasks accurately and productively during time sensitive situations.
- Strong verbal and written communication skills.
- Ability to work independently with a team player attitude.
- Flexible attitude with the ability to handle change effectively.
#LI-LG
Institutional Property Advisors is a leading commercial real estate services firm providing institutional clients with commercial real estate investment sales and capital markets expertise and acclaimed research. A leading advisory to the institutional investment community, the IPA multifamily investment sales practice has closed $15B of transactions over the past 12 months.
Marcus & Millichap revolutionized the real estate brokerage industry. The firm was designed to go far beyond simply facilitating real estate transactions. It was developed as an entire system dedicated to maximizing value for real estate investors.
In 1971, founders George Marcus and William Millichap launched a new real estate investment business model based on a unique method of matching each property with the largest pool of pre-qualified investors. This simple premise, coupled with an unfailing drive to measure success by client satisfaction, enabled the company to emerge as the industry’s pre-eminent real estate investment services firm.
The founders’ vision has been realized by a commitment to specialization, the willingness to foster a culture of information sharing and the foresight to pioneer real estate technology. Today, Marcus & Millichap is the industry’s largest firm specializing in real estate investment sales, financing, loan sales as well as a leading source of research and advisory services.
Marcus & Millichap provides equal employment opportunities to all employees and applicants for employment without discrimination with regard to race, religious belief (including dress or grooming practices), color, sex, sex stereotype, pregnancy, childbirth or related medical conditions (including breast feeding), age, national origin, ancestry, sexual orientation, gender identification and expression, transgender status, physical or mental disability, medical condition, genetic characteristics, genetic information, family care, marital status, enrollment in any public assistance program, status as military, a veteran or qualified disabled veteran, status as an unpaid intern or volunteer, or any other classification protected by law. We also prohibit discrimination based on the perception that anyone has any of those characteristics, or is associated with a person who has or is perceived as having any of those characteristics. In addition to federal law requirements, Marcus & Millichap complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
