Job Details

Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended September 30, 2024, Newmark generated revenues of approximately $2.6 billion. As of that same date, Newmark's company-owned offices, together with its business partners, operated from nearly 170 offices with more than 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

Analysis

• Competitive landscape - research and prepare rental market analysis and sales comps for multifamily properties.
• Multifamily market and submarket - complete research and analysis of market and submarket occupancy, rental rates and trends, new supply/absorption, home values/sales, industry trends, and other relevant trends
• Economic and demographic – complete submarket & market research relating to the labor market (job creation, labor trends, incomes, etc.) and other relevant demographic and economic trends including population growth/trends, projections, etc.
• Complete public records research including tax, sale, owner, and other information
• Monitor and analyze rent rolls, financials, lease trade out reports, delinquency reports, etc. throughout marketing and DD process and alert broker and transaction management team of performance trends.
• Research and maintain construction pipeline

Marketing Content Development - Business Writing & Research

• Create packageable charts/graphs, tables, and content narrative for BOVs, offering memorandums, and other ad hoc marketing pieces as needed and partner with graphic designer to ensure appropriate placement of content.
• Content shall include:
• Property investment highlights
• Competitive landscape, market position
• Multifamily submarket/market fundamental
• Economic and demographic highlights/trends
• Location related highlights & demand drivers

Administrative

• Update and maintain various information databases for multifamily sales, ownership data, new deliveries, rent and debt info, clients, prospects, etc.
• Review PSA and amendments to summarize critical terms of transaction (closing and DD related dates, price, etc.) .
• Review and summarize key terms of other legal and deal related files as needed.
• Setup and maintain virtual due diligence room with all materials organized appropriately.
• Respond to lender requests/questions
• Complete expense and mileage reports
• CA management & maintenance
• Weekly pipeline report for corporate reporting
• Agency disclosures - prepare and ensure delivery and execution for all deals
• Listing agreements – draft and ensure compliance and current including creation of amendments, protection list, etc. as needed
• Monitor and research local market competition and sales activity
• Proofread offering materials, proposals and market reports
• Perform other administrative functions and prepare communications as directed.

General

• Communicate regularly with brokers and other team members regarding workflow and priorities to ensure priorities align
• Leverage Global Support Team for assistance with underwriting, charts/tables, property maps, and other assignments as necessary.
• Monitor and maintain internal deal tracking system for BOVs, new listings, and awarded deals to ensure defined targets and deadlines are met

Skills and Experience

• Bachelor's degree with a major in Business, Accounting, Economics, Finance, Real Estate, Mathematics, Statistics, or related field or work experience to reflect training in fundamental concepts
• Intermediate Excel skills
• Proficient technical writing skills
• Ability to gather key takeaways for real estate transactions from analyzing qualitative and quantitative information
• Knowledge of CoStar, Real Estate Capital Analytics, Axiometrics and other real estate data sources is a plus
• Strong deductive reasoning, critical thinking, and detail orientation
• Must be a self-starter with a strong work ethic and ability to work independently takes initiative with limited supervision