Investment Sales Analyst – Commercial Real Estate Finance
Northmarq – Chicago, IL
At Northmarq, you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors, providing our clients access to experts in debt, equity, investment sales, loan servicing, and fund management. We offer you a career path with best-in-class training, and we foster inclusive teams committed to collaboration, mentoring, and growth. At Northmarq, we will help you unlock your potential – whether you are an industry veteran or you’re just getting started. Your new career is waiting. Start something special today.
Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate!
Northmarq is seeking an
Investment Sales Analyst in our
Chicago office to join an active and top-performing
Commercial brokerage team. The candidate must have prior experience within the commercial real estate industry, and an intimate familiarity with Commercial RE investments is preferred. The individual will be expected to work directly with brokers on property valuations by underwriting and analyzing the client’s quantitative property data. Those who possess intellectual creativity and critical thinking skills, coupled with being a driven and self-motivated individual, are encouraged to apply.
- This position is an in-office position, with an immediate start date.
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 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.
- 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.
- Prepare disposition proposals and offer memoranda for new or existing assignments in conjunction with the marketing team and upper management.
- Perform real estate market and location-specific research and assess and summarize tenant credit and financial statements.
What We're Looking For:
- Bachelor's degree. Preferred majors include Real Estate, Finance, Accounting, or related business fields.
- A minimum of 2 years of relevant experience, with a background in financial analysis in Commercial Real Estate being essential.
- Proficiency in Microsoft Office Suite, particularly Excel, is a requirement. Experience using ARGUS is required. Working knowledge of Salesforce, and Costar is preferred.
- Capable of thriving in a fast-paced environment and managing multiple tasks within tight deadlines.
- Strong financial analysis skills, including understanding financial terms and principles essential for real estate underwriting such as Discounted Cash Flow, IRR, NPV, Time Value of Money, Return on Equity, etc.
- Experience in income-producing property valuation is preferred.
- Ability to comprehend, analyze, and interpret various real estate documents, including financial statements, loan documents, and deeds of trust.
- Strong verbal communication skills are required, with the ability to engage effectively and professionally with diverse internal and external stakeholders.
- Attention to detail, strong organizational skills, and the ability to handle multiple assignments with shifting priorities. Team player, strong work ethic, and passion to work in the commercial real estate industry.
- A complete real estate brokerage salesperson license within the first 120 days of employment is required.
Northmarq 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!