Associate Director
Newmark · New York, NY · 3 wk ago
Business Development$150k–$175k/yrFull-time
Responsibilities
- Prepare pitch materials and offering memoranda for commercial real estate transactions, including research, financial modeling, and writing transaction narratives.
- Responsible for complex financial modeling of property level cash flows and debt/equity structures utilizing market information, appraisals, and comparable data to quickly and accurately underwrite a variety of transactions.
- Must review and understand relevant documents (leases, loan documents, joint venture agreements, appraisals, etc.) to quickly identify relevant information.
- Network within the industry through meetings, events and involvement in real estate trade organizations.
- Participate in weekly pipeline meetings to discuss deal flow, deal status, market conditions and review new client leads.
- Track and maintain database of transaction executions and help identify new business opportunities.
- Other duties as assigned.
Requirements
- 1-4 years of real estate experience (capital markets, acquisitions, development, asset management) in an analytically rigorous environment.
- Real estate investment banking or commercial real estate lending/investing experience is preferred.
- Self-motivated, team oriented, and strong time management skills to prioritize tight deadlines.
- Strong research, analytical, and problem-solving skills.
- Ability to analyze qualitative and quantitative information.
- Ability to be proactive, anticipate demands and accomplish tasks with minimal direction and oversight.
- Exceptional organizational, interpersonal, quantitative, writing and communication skills; able to interface with clients including their top-level executives.
- Strong writing skills with ability to communicate analytical and marketing data effectively.
- Able to work independently while being a team player.
Qualifications
- Bachelor’s Degree in Real Estate, Finance, Accounting, Economics or related discipline or an equivalent combination of education and experience.
- Proficiency in Outlook, Excel, Word and PowerPoint.
- Argus experience preferred.
Pay
Salary Range: $150,000 to $175,000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held.
Benefits
- In addition to base salary and a competitive benefits package (including health, vision, and dental insurance, paid time off and a 401(k) retirement plan with employer matching), this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).