Position Responsibilities
- Candidate must possess excellent writing skills thus effectively conveying a clear message regarding the Property, the Submarket, and the Opportunity for our marketing materials.
- Underwrite income-producing assets using Excel software including : Analyze historical operating statements, budgets, leases and loan agreements, as well as current market conditions in order to determine financial underwriting assumptions. Review, analyze, comprehend, abstract and interpret various types of real estate documents. Identify critical property level financial issues and recommend areas for value-add opportunities. Create evaluations of properties and sensitivity analyses.
- Ability to present results of analyses in a formal client setting to audiences with a wide range of financial acumen.
- Strategize with team members and provide materials that allow the top producers to generate new relationships including gathering and tracking critical data points for research and business development purposes
- Direct communication with Capital Markets professionals, property managers, asset managers and principals to clarify inconsistencies found during the underwriting process and address other property specific issues.
What We're Looking For :
Four-year college degree. Major in Real Estate, finance, accounting, or business area preferredMinimum 2 years of relatable experience , a financial analysis background in commercial real estate is a requirement.Experience with Microsoft Office Suite (Excel) required a experience in Salesforce a plus.Ability to operate in a fast-paced environment, take direction, and multi-task under tight deadlinesStrong understanding of finance analytical skills, financial terms, and principles necessary in real estate underwriting, including Discounted Cash Flow, IRR, NPV, Time Value of Money, Return on Equity, etc.Experience involving the valuation of income-producing properties is a plus.Ability to comprehend, analyze and interpret various types of real estate documents, including financial statements, loan documents, deed of trust, etc.Candidate must possess strong verbal communication skills – ability interact effectively and professionally with a wide variety of internal / external parties.Attention to detail, organizational skills, ability to manage multiple assignments with changing priorities.Team player, strong work ethic and passion to work in the commercial real estate industry.Candidate may be required to provide work sample to show level of skill as it pertains to the roleIntimate knowledge of Dallas and submarkets and Real Estate trends are preferredNorthmarq offers a highly competitive benefits package including : medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance, paid parental leave and adoption assistance, education assistance, volunteer paid time off, charitable contribution match and so much more!