Financial Analyst - Capital Markets at Newmark Knight Frank in Philadelphia, Pennsylvania

Job Description:

About Newmark:

Newmark Group, Inc., together with its subsidiaries (“Newmark”), is a world leader in commercial real estate services, with a comprehensive suite of investor/owner and occupier services and products. Our integrated platform seamlessly powers every phase of owning or occupying a property. Our services are tailored to every type of client, from owners to occupiers, investors to founders, growing startups to leading companies. Harnessing the power of data, technology, and industry expertise, we bring ingenuity to every exchange, and imagination to every space. Together with London-based partner Knight Frank and independently owned offices, our 18,800 professionals operate from approximately 500 offices around the world, delivering a global perspective and a nimble approach. In 2019, Newmark generated revenues in excess of $2.2 billion. To learn more, visit nmrk.com or follow @newmark.

Newmark’s Multifamily Capital Markets team offers a fully integrated global investment sales and lending platform. From marketing the sale of single assets and portfolios to structuring complex debt solutions to providing life-of-loan servicing and asset management, we offer comprehensive services tailored to our clients’ unique needs. With over $37 billion in multifamily transaction volume annually, our Multifamily team works collaboratively with clients to craft and execute targeted strategies, effectively optimizing the capital structure, increasing efficiency and maximizing value. The Investment Sales team is recognized nationwide for its expertise, providing asset-specific customization that yields highly effective transaction strategies. Tapping into our proprietary database, each advisor has real-time access to unique market intelligence, driving demand and matching each client’s assets to a diverse group of investors, from private and institutional owners to global investors. Investment Sales advisors work closely with the Debt & Structured Finance team on loan origination, underwriting, closing, life-of-loan servicing and asset management. This experienced team provides clients with innovative and comprehensive solutions by accessing a full suite of debt products, including Fannie Mae, Freddie Mac, FHA, Bridge, Life Company, Bank and CMBS products.

Job Description:

We are seeking a Financial Analyst with 0-2 years of experience in the underwriting and analysis of commercial real estate, prior multifamily experience is preferred.

Essential Job Duties:

• Financial analysis of multifamily opportunities, including existing, value add, and ground-up developments using a proprietary excel underwriting model, and leverage 3rd party research sources to generate comp support for Broker Opinion of Values (BOVs) and proposals


• Actively assist in the research, writing, and proofing Investment Sales marketing Offering Memoranda (OMs) and BOVs


• Research and maintain databases which track Investment Sales activity, construction pipeline, rent and expense comparable databases and other relevant real estate metrics


• Support business development efforts by maintaining owner databases and tracking of target properties and prospective client targets


• Develop and maintain market knowledge through regular reading of industry trade journals, economic forecasts, and news-related periodicals


• Assist in the creation and editing of “state of the market” presentations given at national conferences and in private client meetings


• Track job data and new developments pertinent to Pennsylvania, New Jersey and Delaware markets


• Point of contact for due diligence process once listings are under contract


• Conduct transaction coordination and due diligence coordination for the Investment Sales team


• Other responsibilities and duties as assigned

Skills, Education, and Experience:

• Bachelor’s Degree in Real Estate, Finance and or Accounting or equivalent experience


• 1-2 years previous professional experience in real estate underwriting, multifamily related experience preferred; recent college graduates are encouraged to apply.


• Ability to multitask - Strong ability to multi-task with multiple projects and deadlines in a “high-volume” fast paced environment


• Time management - Ability to manage time well and be self-motivated, without direct supervision


• Excellent attention to detail and organizational management skills


• Strong verbal and written communication - Able to provide ongoing input and updates to team through thoughtful and detailed information


• Thoroughly analyze qualitative and quantitative information


• Self-motivated


• Resourceful; able to distill large data into pertinent conclusions relevant to property or market level


• Work successfully under pressure; resourceful self-starter


• Computer proficiency (Excel, PowerPoint, Word)


• Knowledge of Argus preferred


• Strong proofreading and editing abilities


• Writing and underwriting exercise may be administered


• Real Estate Licensure in Pennsylvania will be required

Benefits and Perks:

• Industry leading Parental Leave Policy (up to 16 weeks)


• Generous healthcare


• Bright Horizons back-up care program


• Generous paid time off


• Education reimbursement


• Referral Program


• Opportunities to network and connect

Benefits/perks listed may vary depending on the nature of your employment with Newmark and the job location.

Working Conditions: Normal working conditions with the absence of disagreeable elements

Note: The statements herein are intended to describe the general nature and level of work being performed by employees, and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.

Newmark is an Equal Opportunity/Affirmative Action employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex