The Marcus & Millichap Denver Office is seeking a Financial Analyst to be a part of the Retail team. This position will play an integral role in assignments ranging from one-off asset sales to the sale of large portfolios with responsibilities that go beyond the financial aspects of the deal involving all phases of the sales process. The chosen candidate will need strong foundational knowledge of financial/valuation concepts, demonstrate a passion for real estate, work well in a dynamic team environment, and demonstrate a strong work ethic.
Responsibilities:
- Underwrite retail assets using Excel and Argus
- Analyze, review, and interpret real estate source documents, including operating statements, rent rolls, budgets, loan documents, operating statements, leases, and other due diligence material
- Research market conditions in support of financial underwriting assumptions
- Ability to play a role in presenting with lead broker in a formal client setting to audiences with a wide range of financial acumen
- Compile and present the results of analyses and effectively address questions
- Identify critical property-level financial issues and make recommendations
- Developing disposition strategies in conjunction with team members and clients
- Communicate directly with capital markets professionals, asset managers, leasing brokers, property managers and clients
- Strong writing skills to assist at writing investment overviews as well as tenant profiles
- Assist in the production of property offering memorandums which will be used to actively market retail assets to the marketplace
- Perform location, market, property, tenant and economic research to be used in property marketing and team branding materials, as well as keep the local team apprised of market developments
- Research and comprehend rent and sales comparables using Co-Star as part of the valuation process with an ability to make cold calls to gather necessary information
- Coordinate collection of due diligence material
Qualifications:
- Bachelor's degree with high academic achievement in Real Estate, Finance, Accounting, or Economics preferred
- 1-2 years experience in a commercial real estate position, preferably focused on retail assets
- Proven experience in abstracting lease agreements
- Proven experience and proficiency in building complex cash flow models
- High level of proficiency in Microsoft Excel
- Must have advanced knowledge and 2+ years of experience using CoStar, Loopnet, and Argus to underwrite institutional quality office or industrial buildings
- Proven experience in the valuation of income-producing properties is mandatory.
- 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)
- Strong interpersonal and organizational skills with ability to manage multiple projects simultaneously
- Decision-making capability with thorough understanding of procedures, company policies, and business practices to achieve general results and client-drive expectations and deadlines
- Excellent written and verbal communication skills with strong attention to detail
- Very process oriented and organized self-starter with sharp focus on details with an awareness of the bigger picture
- Ability to work successfully with “Type A” personalities and effectively within a team and with all levels of personnel
- Must have creative problem-solving abilities and a sense of personal accountability and urgency for achieving results in a challenging, fast-paced, environment
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What We Do
Marcus & Millichap was founded in 1971 with the goal of being a new kind of company – one driven by long-term relationships and built on a culture of collaboration. We focus on bringing together specialized market knowledge, the industry's leading brokerage platform and exclusive access to inventory to achieve exceptional results for our clients, year after year.
Today, we are the industry’s largest firm specializing in real estate investment sales and financing, with over 80 offices and nearly 2,000 investment sales and financing professionals throughout the United States and Canada. In 2021, the firm closed 13,255 transactions with a sales volume of $84.4 billion.