This position will be full time in the New York City office.
Responsibilities
- Underwrite single tenant and multi-tenant retail properties at a high level
- Pull sales comparables
- Use Argus
- Work hand in hand with Marketing Coordinator
- Understands financials, P&L, and real estate related documents, can dissect
- Understands how to price a property based on sales comparables
- Manage and oversee team research projects
- Use Placer.AI to understand the properties visitor statistics
- Draft detailed write-ups on retailers, investment highlights and location overviews
- Work alongside lead agents to determine financial needs
- Attends meetings with brokers and clients to explain underwriting
- Communicate with Director of Operations and Marketing Coordinator to create marketing materials and assist in the escrow/closing process
- General team support based on client needs
Qualifications
- Bachelor’s degree in Business / Real Estate / Finance or other related field
- Proficient in Salesforce
- Excellent communication skills, ability to develop strong working relationships with both internal and external sources
- Microsoft Office skills, with a strong knowledge of Excel
- Excellent writing and editing skills, i.e., spelling, grammar, punctuation
- Highly organized and detail oriented
- Versatile/flexible with the ability and willingness to take on new responsibilities and tasks as requested
Skills Required
- Minimum of four years in real estate experience
- Bachelor's degree in Business / Real Estate / Finance or other related field
- Proficient in Salesforce
- Excellent communication skills
- Strong knowledge of Excel
- Excellent writing and editing skills
- Highly organized and detail oriented
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.
