Real Estate Analyst Intern

Novogradac & Company LLP; Bethesda (MD); Hybrid; USD 24,796 - 27,552; Part time

Benefits offered by this job

Flexible working hours

Remote work opportunities

Professional growth opportunities

Job summary

Novogradac & Company LLP, located in Bethesda, Maryland, is looking for a Junior Analyst Intern to perform multifamily real estate market research and analysis for the Valuation Services Department. The role involves conducting interviews, collecting and analyzing market data, and assisting in writing market studies.

The ideal candidate is in the process of earning a bachelor's degree and possesses strong analytical and communication skills. This paid internship offers flexibility in work hours and locations with compensation between $18 and $20 per hour.

Qualifications

• In process of earning a bachelor's degree in a related area.
• Experience in real estate research or multifamily market analysis is a plus.
• Excellent verbal and written communication skills.

Responsibilities

• Conduct economic and locational research regarding market areas.
• Perform apartment property interviews and market analysis.
• Assist in writing market studies and appraisals.

Skills

Analytical skills

Verbal communication

Written communication

Organizational skills

Microsoft Excel

Education

Bachelor's degree in related area (in process)

Job description

Position Summary

The Junior Analyst Intern position is responsible for performing multifamily real estate market research and analysis for the Valuation Services Department. This includes collecting and coalescing pertinent market data, assisting in market analysis, and analyzing economic trends in designated regions. The position reports to a designated Manager or Principal on the Valuation Services team.

Your Contributions and Responsibilities

• Conduct basic economic and locational research regarding market areas via telephone interviews and internet resources.
• Perform apartment property interviews, screenings, market analysis, comparable property surveys, and demand analysis.
• Perform phone interviews with local housing authorities, planners, senior centers, and chambers of commerce to identify problems and understand demand in the market.
• Interview apartment property managers of market/LIHTC/subsidized apartment properties to gather property‑specific information and general market conditions.
• Gather new information on new multifamily 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 existing multifamily and land sale comparables.
• Analyze demographic information of the market area and economic trends which include employment, average wages, median incomes, and the relation to demand for affordable housing in the area.
• Assist in writing market studies and 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 other sources.
• Quantify excluded properties in the market area.
• Occasionally perform administrative tasks, such as filing.
• Assist with other duties, projects or partner requests as assigned.

Your Background and Skills

• In process of earning a bachelor’s degree in a related area.
• Experience in real estate research, multifamily market analysis or commercial appraisal is a plus.
• Excellent verbal and written communication skills; comfortable conducting primary research, phone interviews, and synthesizing information in written narrative form.
• 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, managing a variety of concurrent and shifting priorities.
• Strong computer skills, including solid skill in 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 for in‑person visits.

Compensation and Benefits

• Paid internship with compensation of $18–$20 per hour.
• Competitive salaries with continuous review of market conditions.
• Flexible working hours and work arrangements, with remote and hybrid opportunities.
• Strong emphasis on quality work‑life integration.
• Dress‑for‑your‑day policy.
• Access to a national firm’s resources and opportunities for professional growth.
• Opportunities to engage with Employee Resource Groups (ERGs) and affinity groups.

Equal Opportunity Employer

Novogradac is an equal opportunity employer. We encourage applicants from all backgrounds, identities, and experiences to apply, as we believe that unique perspectives strengthen our ability to achieve excellence. We are committed to creating an equitable and inclusive workplace for all employees.