Senior Research Analyst at 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 year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. As of June 30, 2024, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

Description for Internal Candidates

The Senior Research Analyst role will collaborate closely with other members of the research team to assist brokers on research needs, produce recurring or custom research content, and work on data collection and database management. The role will report to either the Research Manager, Southeast or the Head of Southeast Research. Research duties will span across markets covered in the Southeast region from Texas to Florida with an additional specialized concentration on Florida markets. This role will also act as mentor, coach and act as a team lead to more junior research staff in the region.

Roles and Responsibilities:

• Participates in establishing procedures for acquiring, entering and verifying real estate market data related to properties, listings, tenants and comparable transactions for all divisions covered by the district offices.
• Maintains the market data integrity used in the research function, which includes overseeing data collection, data input/verification and review, by salespeople.
• Responsible for addressing issues of data quality and will maintain a policy of data security both within and outside the office.
• Responsible for the aggregation, analysis, interpretation, and reporting of market research data through internal and outside sources.
• Works closely with associates to address their research needs and formulates text and graphics for regular market information reports.
• Monitors the research capabilities of local market competition.
• Understands all software programs used within the research function.
• Researches and recommends new programs for the maintenance of research information.
• Participates in evaluating new sources and existing products.
• Understands all purchased research-related data sources including but not limited to, tax record information, ownership information and tenant prospect databases.
• Thorough knowledge of all operations performed by staff members of the client services function and. May assist in training new staff.
• Assists in training interns and brokers / sales staff in Company software programs.
• Promote the research function and its capabilities to the brokers / sales staff.
• Comply with Corporate mandates of reporting appropriate market statistics to corporate personnel and will work with Corporate Research staff to obtain appropriate answers to research questions.
• Coordinate requests and responses between the local office and Company resources.
• Maintains the research reference library, including periodicals, reference publications, reference software, plat maps, property brochure files and research files.
• Research and recommend new subscriptions and provide input on subscriptions where applicable.
• Attends all divisional specialty meetings and present relative research activities.
• Conducts and executes Web searches for pertinent data and information related to research and analysis of local, regional and national trends that influence the commercial real estate market.
• Mentor, train and coach more junior research staff members.
• May perform other duties as assigned.

Skills, Education and Experience:

• Bachelor’s degree; preferably in Economics, Real Estate, Finance, Urban Planning or Business Administration
• 4+ years of relevant working experience
• Ability to identify trends and create reports
• Strong analytical, writing, and communication skills
• Ability to digest complex data or concepts into understandable, concise content
• Experience with data entry and database management
• Advanced skills in Excel and PowerPoint. Proficiency in other MS Office programs
• Demonstrated client interaction, a plus
• Experience with CoStar, Real Capital Analytics, Reonomy, Trepp, Jobs EQ and REIS a plus
• Working knowledge of commercial real estate research a plus
• Experience with PowerBI and/or Python a plus
• Ability to handle multiple tasks and prioritize workload in a fast-paced environment

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