Commercial Real Estate Financial Analyst & Apartment Underwriter

Newmark Group; Houston (TX); Hybrid; USD 75,000 - 115,000; Full time

Job summary

Newmark Group in Houston, TX is seeking a finance professional to underwrite apartment communities and provide analytical decision support for a range of CRE projects. The role focuses on building sophisticated financial models to drive strategic decisions and portfolio valuation.

The candidate will conduct due diligence, assist in marketing materials, and research local market drivers to support acquisitions and dispositions. Strong Excel and data analysis are essential.

Qualifications

• Bachelor’s degree in Real Estate, Economics, Finance, Mathematics, or Statistics majors preferred
• Minimum 2+ years of commercial real estate, private equity, or investment banking experience with an emphasis in financial modeling
• Advanced knowledge of Excel
• High-level understanding of IRR, NPV, Cash on Cash
• Knowledge of CoStar, Yardi Matrix, and other real estate data sources is a plus
• Knowledge of loan documents and terminology

Responsibilities

• Underwrite prospective assignments, individual loans or portfolios including multi-family and land
• Assist with due diligence for underwriting and marketing (appraisals, property condition/environmental reports, rent rolls, etc.)
• Summarize information for valuation and marketing purposes
• Coordinate financial analysis with other departments and divisions
• Develop and design offering and presentation packages
• Research market statistics and local economic drivers
• Conduct public records research for potential opportunities
• Write market overviews

Skills

Financial modeling

Underwriting

Analytical skills

Research skills

Communication

Education

Bachelor’s degree

Tools

Excel

CoStar

Yardi Matrix

Job description

Primary role is to underwrite apartment communities. Additionally, provides financial analyses, analytical decision support services, and technical expertise for a broad array of financial and operational projects and initiatives. Design and build sophisticated financial models based on diverse data sets, in order to facilitate strategic decision making.The position will be located in Houston, TX.

Essential Duties and Responsibilities

• Financial modeling and underwriting prospective assignments; individual loans or portfolio of loans as well as investment properties to include but not limited to multi-family and land.

• Assist with due diligence as required for underwriting and marketing to include appraisals, property condition reports, environmental reports, income and expense statements, rent rolls, mortgage, note, modifications, forbearance agreements, foreclosure filings, and title searches, etc.

• Assists in obtaining revenue and assets acquisition/ disposition information. May review, consolidate, and summarize information for valuation and marketing purposes.

• May coordinate financial analysis matters with other departments, locations and divisions.

• Develop/assist in design of offering and presentation packages.

• Research for comparable sold and for sale listings, and submarket statistics such as competitive inventory, availability, lease rates, etc.

• Assist with public records research for potential assignment opportunities.

• Research local economic drivers and write market overviews.

Core Competencies

• Must be detail oriented

• Ability to comprehend, analyze, and interpret complex financial information and transactions and accounting principles.

• Ability to problem-solve, both independently and working as a team. Requires strong analytical and quantitative skills.

• Manage time effectively and work on several projects simultaneously

• Excellent written and oral communication skills

• Ability to provide efficient, timely, reliable and courteous service to clients. Ability to effectively present information in written and verbal form to teammates, clients and supervisors.

Qualifications

• Bachelor’s degree (Real Estate, Economics, Finance, Mathematics, or Statistics majors preferred)

• Minimum 2+ years of commercial real estate, private equity, or investment banking experience with an emphasis in financial modeling

• Successful applicants should be highly motivated and highly analytical with a passion for commercial real estate, loan and investment sales, and finance

• Advanced knowledge of Excel

• High-level understanding of financial concepts such as IRR, NPV, Cash on Cash

• Demonstrated research ability

• Knowledge of CoStar, Yardi Matrix, and other real estate data sources is a plus

• Knowledge of loan documents and terminology

• May perform other duties as assigned

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 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.