Financial Analyst - Newmark

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.

Job Summary

We are seeking a highly motivated individual who will assist with performing financial analysis, monitoring properties’ financial and physical condition for elevated risk situations and take appropriate actions to communicate such risks.

Essential Duties and Responsibilities

• Ability to work successfully for a high-volume team, which requires superior time management skills and willingness to work long hours
• Build and manipulate complex cash flow models using Argus Enterprise and Excel.
• Build and manipulate joint venture models.
• Analyze, review, and interpret real estate source documents, including income statements, rent rolls, budgets, CAM reconciliations, loan documents, leases, appraisals, property condition reports, environmental site assessments, corporate financial analysis, and other due diligence material.
• Oversee research of market conditions in support of financial underwriting assumptions, and market reports or white papers.
• Respond to investor due diligence questions and assist with financial due diligence.
• Develop and train junior analyst peers in the healthcare capital markets practice.
• Contribute to group’s sales and rent comparable databases (overseen/managed by the team’s transaction manager)
• Assist in the creation of Broker Opinion of Values and Offering Memoranda, including analysis of financials, tenants, and markets.
• Become proficient in databases including, CoStar, Revista, Definitive Healthcare, and Real Capital Analytics.
• Develop and maintain market knowledge of the medical office industry y

Skills, Education, and Experience

• Bachelor’s degree in real estate, finance, accounting, economics, or equivalent experience
• High level of proficiency in Microsoft Excel, specifically in real estate promote and waterfall analyses, discounted cash flow valuations, etc.
• Proficiency in Argus Enterprise with complex lease and recovery structures (medical office, retail, or office)
• Excellent attention to detail and time management skills
• Experience with high volume/portfolios is preferred
• Intellectual curiosity with a demonstrated enthusiasm for the commercial real estate industry
• Excellent quantitative and analytical skills in combination with outstanding communication skills (both oral and written)
• Demonstrated understanding of lease terms, including reimbursement structures, purchase options, ROFO/ROFRs, termination options, etc.

Qualifications

• Bachelor’s degree in accounting, Finance, Economics, Real Estate, or other related fields
• GSE Experience a plus
• Able to travel minimum of 10-20%

Salary

$80,000 - $95,000 annually

The expected base salary for this position ranges from $80,000 to $95,000 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. In addition to base salary and a competitive benefits package, 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.).

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 including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.