Real Estate Analyst Intern

Novogradac & Company LLP; Washington; Hybrid; USD 25,000 - 28,000; Part time

Benefits offered by this job

Flexible working hours

Remote and hybrid opportunities

ERGs and development opportunities

Dress for your day policy

Job summary

Novogradac is seeking a Junior Analyst Intern to perform multifamily real estate market research and analysis within the Valuation Services Department. You will collect market data, aid in market analysis, and analyze economic trends for designated regions under supervision.

You will conduct interviews, gather property-level information, and contribute to market studies and appraisals of developments while developing strong research and reporting skills.

Qualifications

• In progress toward a bachelor's degree in a related field.
• Experience in real estate research, multifamily market analysis or commercial appraisal is a plus.

Responsibilities

• Conduct basic economic and locational market research via interviews and online resources.
• Perform apartment property interviews, market analysis, surveys and demand analysis.
• Conduct phone interviews with housing authorities, planners and chambers to identify market demand.
• Interview apartment property managers to gather market conditions.
• Gather information on new multifamily developments by speaking to developers and reviewing media.
• Request information from appraisers/brokers on comps.
• Analyze demographics and economic trends related to affordable housing demand.
• Assist in writing market studies and appraisals for proposed and existing developments.
• Assist with other duties and projects as assigned.

Skills

Verbal & written communication

Analytical thinking

Organizational skills

Time management

Attention to detail

Education

Pursuing Bachelor's degree

Tools

Microsoft Office

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 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. This 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
• Perform interviews with 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
• Assist with other duties, projects or partner requests as assigned

Your Background and Skills

• In process of earning a bachelor's degree in related area. Experience in real estate research, multifamily market analysis or commercial appraisal is a plus.
• Excellent verbal and written communication skills; this position involves a great deal of primary research in addition to 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.

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

• 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
• 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.
• Compensation: $18-20/hour