Junior Real Estate Analyst

Novogradac; Washington (District of Columbia); On-site; USD 54,000 - 58,000; Full time

Benefits offered by this job

Remote and hybrid opportunities

Flexible hours

Competitive salaries

Paid holidays

401(k) with profit-sharing

Job summary

Novogradac in Washington, DC is seeking a Junior Real Estate Analyst to support the Valuation Services team with data collection, market studies, and economic trend analysis for designated regions. The role requires in-office work for the first four months and may flex later with partner approval.

You will conduct market research, identify subsidized and market-rate comparables, perform screening and demand analyses, and help draft market studies.

Qualifications

• Bachelor’s degree plus 1–2 years in real estate research or market analysis.
• Excellent verbal and written communication; primary research via phone and web.
• Strong analytical and data gathering abilities.
• Ability to meet deadlines in a fast-paced workload.
• Proficient in Microsoft Office, especially Excel.

Responsibilities

• Conduct economic and market research via telephone interviews and internet resources.
• Identify subsidized, tax credit and market rate comparables.
• Perform preliminary property screenings, market analysis, comparable rents surveys, and demand analysis.
• Interview housing authorities, planners, senior centers, chamber of commerce to identify problems and understand demand.
• Draft market study reports including market area, comparables and demand analysis.
• Assist in appraisals of proposed and existing real estate developments.
• Complete Novogradac’s Affordable Housing Training & Assessment Program within timeframes.

Skills

Communication

Analytical skills

Organization

Time management

Excel

Education

Bachelor's degree in related area

Tools

Microsoft Excel

Job description

It's fun to work in a company where people truly BELIEVE in what they're doing!

We're committed to bringing passion and customer focus to the business.

Dare to bring your unique perspective?

At Novogradac, we value individuals who bring unique perspectives and bold ideas. If you’re eager to contribute to an inclusive, innovative environment where your personal and professional growth is encouraged and supported, we invite you to explore this exciting opportunity with us.

Position Summary

The Junior Real Estate Analyst position is responsible for performing research and analysis for the Valuation Services Department. This includes collecting and coalescing pertinent data, assisting in market analysis, performing market studies as well as other reports, and analyzing economic trends in designated regions. The Junior Real Estate Analyst reports to a designated Manager or Principal on the Valuation Services team. This position is expected to work in office at a minimum during the first four months of employment. Flexible arrangements may be considered with Partner approval after that timeframe, although this position may require the employee to continue to go into a local office.

Your Contributions And Responsibilities

• Conduct economic and market research regarding market areas via telephone interviews and internet resources.
• Identify subsidized, tax credit and market rate comparables.
• Perform preliminary property screenings, market analysis, comparable rents surveys, and demand analysis.
• Perform interviews with local housing authorities, planners, senior centers, chamber of commerce to identify problems and understand demand in the market.
• Perform interviews with property managers of market/LIHTC/subsidized properties to gather property specific information and general market conditions.
• Gather and analyze information on new developments in the area by speaking to developers, searching newspapers and the internet. Find subsidized, tax credit and market rate comparables.
• Request information from appraisers/brokers on improved and land comparables.
• Analyze demographic information of market area and economic trends which include employment, average wages, median incomes of market area and relation to demand of affordable housing in area.
• Synthesize all gathered information and draft the market study report for assigned properties – this includes but is not limited to drawing the primary market area, identifying appropriate property comparables to be included, and completing a demand analysis.
• Assist in performing appraisals of proposed and existing real estate developments.
• Analyze general housing market through comparison of renting and buying a home, construction of buildings and apartment market studies performed by third parties.
• Quantify excluded properties in the market area.
• Conduct in-person site visits for designated properties.
• Complete Novogradac’s Affordable Housing Training & Assessment Program within the designated timeframes.
• Assist with other duties, projects, or partner requests as assigned.

Your Background And Skills

• Bachelor’s degree in related area plus 1-2 years of Real Estate research, market analysis, or commercial appraisal experience. This position must possess and maintain a current, valid Driver’s License and successfully complete a motor vehicle history check upon hire.
• Excellent verbal and written communication skills; this position involves a great deal of primary research in addition to web-based research, and Jr. Analysts must be comfortable speaking with individuals via telephone and synthesizing this information in written narrative form.
• Display strong analytical skills, including the ability to gather information, conduct analyses, and present findings.
• Solid organizational and follow-through skills, performing work accurately with strong attention to detail.
• Ability to meet deadlines and effectively prioritize a fast-paced and varied workload, effectively manage a variety of concurrent and shifting priorities.
• Strong computer skills, including solid skill in the Microsoft Office suite (prefer advanced skill in Excel)
• Available for domestic travel as needed, including ability to drive or travel by air, rail, or other transportation methods to reach designated sites for in-person visits.

Why work with us?

Novogradac is committed to fostering a welcoming workplace where all employees feel valued and empowered to grow. We believe in offering a supportive, balanced work environment that encourages professional growth and work-life integration.

We Are Proud To Offer

• Increased number of paid holidays per year
• Competitive salaries with continuous review of market conditions
• Flexible working hours and work arrangements
• Remote and hybrid opportunities
• Inclusive workplace, providing strong professional growth and development opportunities

The Benefits Of Joining Our Team

• Strong growth opportunities
• Competitive benefits package
• 401(k) package with firm profit-sharing
• Strong emphasis on quality work-life integration
• Dress for your day policy
• Resources of a national firm
• Opportunities to engage with our active Employee Resource Groups (ERGs), affinity groups, and advance your career within a supportive, inclusive environment
• Compensation: $54,000 to $58,000 depending on experience. More is possible if experience dictates.

After reviewing this job posting, are you hesitating to apply because you don’t meet all the listed requirements? At Novogradac, we are dedicated to building a workplace supported by unique perspectives and experiences, so if you’re excited about this role but your experience doesn’t align perfectly with every qualification in the job description, we still encourage you to apply.

You may still be the right candidate for this or one of our other roles.

Get to know us better!

We’re Novogradac, a national certified public accounting and consulting firm headquartered in San Francisco. Founded in 1989, the allied group of Novogradac companies has grown to more than 900 employees and partners with more than 25 offices throughout the country.

Novogradac is one of the nation’s top 40 certified public accounting and consulting firms and is a recognized leader in real estate and community development. Novogradac provides publicly and privately held national enterprises with a full spectrum of audit, tax, valuation, expert witness and litigation support, property compliance and general consulting services and works extensively in the affordable housing, community development, historic preservation and renewable energy fields.

Commitment to Inclusion

Novogradac is committed to ensuring a fair and inclusive recruitment process, making reasonable accommodations to individuals with disabilities or special needs throughout the application process. We encourage applicants from all backgrounds, identities, and experiences to apply, as we believe that unique perspectives strengthen our ability to achieve excellence.

At Novogradac, we offer a variety of Employee Resource Groups and Affinity Groups to provide all employees with opportunities to connect, collaborate, and support one another in the workplace.

Novogradac & Company LLP offers a progressive work environment, competitive pay and an excellent benefits package including medical, dental, vision, paid time off, life/disability insurance, commuter flex accounts and a 401(k).

Novogradac and Company LLP is an equal opportunity employer. Novogradac’s culture is centered on education, acceptance, innovation and opportunity. We value diversity and respect the different perspectives that each of our employees bring to Novogradac no matter their age, race, religion, gender identity or sexual orientation. We are committed to creating an equitable and inclusive workplace for our entire workforce.

By submitting an application with us, you are providing Novogradac with personal information. More information on how we use your personal information may be found in our Privacy Notice at Collection.