Real Estate Analyst Intern

Novogradac & Company LLP; Merriam (KS); Hybrid; USD 22,730 - 32,373; Part time

Benefits offered by this job

Flexible working hours

Remote and hybrid opportunities

Professional growth opportunities

Job summary

Novogradac & Company LLP in Merriam, Kansas is seeking a Junior Analyst Intern for market research and analysis in the Valuation Services Department. This role involves conducting economic research, performing market analysis, and assisting in writing appraisals, with a focus on the multifamily real estate sector.

The ideal candidate is pursuing a bachelor's degree, has strong analytical skills, and excellent communication abilities, performing a variety of tasks including primary research via phone interviews.

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.
• Strong analytical skills and attention to detail.

Responsibilities

• Conduct economic and locational research via interviews and online resources.
• Perform market analysis and demand analysis for multifamily properties.
• Assist in writing market studies and appraisals of real estate developments.

Skills

Verbal and written communication skills

Analytical skills

Organizational skills

Microsoft Office suite

Education

Bachelor's degree in a related area (in process)

Tools

Excel

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 role reports to a designated Manager or Principal on the Valuation Services team.

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 market area and economic trends, which include employment, average wages, median incomes of market area and relation to demand of affordable housing in 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 and assist with other duties, projects or partner requests as assigned

Qualifications

• 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; the position involves a great deal of primary research via web-based research and phone interviews, and interns 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

Compensation and Benefits

• Compensation: $20/hr
• 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
• Strong growth opportunities
• 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 environment

EEO Statement

Novogradac is an equal opportunity employer. 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.

Application Instructions

To be considered for this position, interested candidates MUST apply via our company website: https://www.novoco.com/careers.

This is a paid internship.