Remote Multifamily Real Estate Market Research Intern

Novogradac; Austin (TX); Hybrid; USD 2,480,000 - 3,031,000; Part time

Benefits offered by this job

Remote and hybrid opportunities

Job summary

Novogradac is seeking a Junior Analyst Intern in Austin, TX to perform multifamily market research and analysis for the Valuation Services department. You will collect data, assist in market analysis, and analyze economic trends under supervision.

Ideal candidates are pursuing a bachelor’s degree, possess strong verbal and written communication, and can manage tight deadlines with solid Excel and MS Office skills. Domestic travel may be required; remote/hybrid options are available.

Qualifications

• 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; comfortable with primary and web-based research.
• Strong analytical and organizational skills; detail oriented.
• Ability to meet deadlines in a fast-paced environment.
• Proficient with Microsoft Office, especially Excel.

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

Skills

Verbal & written communication

Analytical skills

Organizational skills

MS Office (Excel)

Travel readiness

Education

Bachelor's degree in related area (in progress)

Tools

Microsoft Office

Excel

Job description

Novogradac is seeking a Junior Analyst Intern in Austin, TX to perform multifamily market research and analysis for the Valuation Services department. You will collect data, assist in market analysis, and analyze economic trends under supervision.

Ideal candidates are pursuing a bachelor’s degree, possess strong verbal and written communication, and can manage tight deadlines with solid Excel and MS Office skills. Domestic travel may be required; remote/hybrid options are available.