Job Description
Job Location: Corporate Office - Farmington Hills - Farmington Hills, MI 48331
Position Type: Full TimeEducation
Level: 4 Year Degree
Travel Percentage: Negligible
Job Shift: Day
Job Category: FinanceIf you possess dynamic leadership capabilities and outstanding analytical, research and interpersonal skills, consider a career opportunity with Friedman Real Estate as a Real Estate Analyst.
The Real Estate Analyst position will be responsible for preparing broker opinions of value (BOVs) for multifamily, retail, office, and industrial real estate, analyzing/underwriting commercial/multifamily values, researching ownership information, and preparing intel lists for properties across the country. The ideal candidate is self-motivated, detail-oriented, and capable of working on multiple projects at a given time. Strong computer skills, communication and writing skills are a must, and prior real estate experience is preferred.
Responsibilities:
- Analyze and interpret property level financial information including historical operating statements, operating budgets, income statements, balance sheets, and other financial reports.
- Prepare opinions of value utilizing Argus and Excel to underwrite and value both commercial and multifamily assets.
- Assemble and evaluate property level documents including floor plans, leases, property condition reports, environmental reports, title reports, surveys, and leases.
- Research property ownership and mortgage information utilizing online databases and local government sources.
- Gather research regarding leasing and sale fundamentals for office, industrial, retail, and multifamily assets located in multiple submarkets across the country.
- Learn and understand multiple commercial real estate software programs.
- Perform other related tasks as necessary.
Qualifications:
- Candidate should have at least a general familiarity with all commercial property types and have a broad understanding of commercial real estate concepts.
- At least one (1) year in an analytical role within the real estate, private equity, investment banking, consulting, accounting or related industry is preferred.
- Undergraduate degree in finance, real estate, economics or other related business discipline is preferred.
- Strong computer skills and the ability to conduct research on multiple websites and other commercial real estate software systems after training.
- Excel experience is required, and some Argus knowledge is preferred.
- Excellent communication and business writing skills are also a must.
- Sound judgement, initiative, resourcefulness, tenacity and the flexibility to operate independently in a fast-paced environment are also required.
Friedman Real Estate is an Equal Opportunity Employer. Applicants are considered regardless of race, color, religion, creed, sex, pregnancy, family responsibility, national origin or ancestry, citizenship, marital status, sexual orientation, transgender status, veteran's status, genetic information, or status as a qualified individual with a disability or any other protected characteristic in accordance with applicable law.