Junior Real Estate Analyst

## Junior Real Estate Analyst Apply locations:
Dallas time type:
Full time posted on:
Posted Yesterday job requisition :
JR100487

It's fun to work in a company where people truly BELIEVE in what they're doing!  We're committed to bringing passion and customer focus to the business.
** Dare to bring your unique perspective?
** At Novogradac, we value individuals who bring unique perspectives and bold ideas. If you’re eager to contribute to an inclusive, innovative environment where your personal and professional growth is encouraged and supported, we invite you to explore this exciting opportunity with us.
** Position Summary
** The Junior Real Estate Analyst position is responsible for performing research and analysis for the Valuation Services Department. This includes collecting and coalescing pertinent data, assisting in market analysis, performing market studies as well as other reports, and analyzing economic trends in designated regions. The Junior Real Estate Analyst reports to a designated Manager or Principal on the Valuation Services team.

This position is expected to work in office at a minimum during the first four months of employment. Flexible arrangements may be considered with Partner approval after that timeframe, although this position may require the employee to continue to go into a local office.
** Your Contributions and Responsibilities
*** Conduct economic and market research regarding market areas via telephone interviews and internet resources.
* Identify subsidized, tax credit and market rate comparables.
* Perform preliminary property screenings, market analysis, comparable rents surveys, and demand analysis.
* Perform interviews with local housing authorities, planners, senior centers, chamber of commerce to identify problems and understand demand in the market.
* Perform interviews with property managers of market/LIHTC/subsidized properties to gather property specific information and general market conditions.
* Gather and analyze information on new developments in the area by speaking to developers, searching newspapers and the internet. Find subsidized, tax credit and market rate comparables.
* Request information from appraisers/brokers on improved and land comparables.
* Analyze demographic information of market area and economic trends which include employment, average wages, median incomes of market area and relation to demand of affordable housing in area.
* Synthesize all gathered information and draft the market study report for assigned properties – this includes but is not limited to drawing the primary market area, identifying appropriate property comparables to be included, and completing a demand analysis.
* Assist in performing appraisals of proposed and existing real estate developments.
* Analyze general housing market through comparison of renting and buying a home, construction of buildings and apartment market studies performed by third parties.
* Quantify excluded properties in the market area.
* Conduct in-person site visits for designated properties.
* Complete Novogradac’s Affordable Housing Training & Assessment Program within the designated time frames.
* Assist with other duties, projects, or partner requests as assigned.
** Your Background and Skills
*** Bachelor’s degree in related area plus 1-2 years of Real Estate research, market analysis, or commercial appraisal experience. This position must possess and maintain a current, valid Driver’s License and successfully complete a motor vehicle history check upon hire.
* Excellent verbal and written communication skills; this position involves a great deal of primary research in addition to web-based research, and Jr. Analysts must be comfortable speaking with individuals via telephone and synthesizing this…