Investment Analyst - Commercial Real Estate Finance
Location: Chicago, Illinois
Type: Full Time
Salary: Salary + Bonus + Benefits
Northmarq offers a highly competitive benefits package including: medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance, paid parental leave and adoption assistance, education assistance, volunteer paid time off, charitable contribution match and so much more!
Investment Analyst - Commercial Real Estate Finance
Northmarq – Chicago, IL
NORTHMARQ - WHERE THE BEST COME TO THRIVE
Northmarq is entering a new era, and a landmark career opportunity is waiting for you. Northmarq is independent, and fiercely so, with the freedom to do things the right way. To hire the very best. To give them the resources to thrive. We do it because that’s what we believe. Northmarq is not held back by principles, we’re propelled by them. We and our clients are growing fast because we’re providing something rare and valuable: easy access to the industry’s best talent, an agile and collaborative style, and vast resources to execute flawless deals for our clients and partners. Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate.
Northmarq is seeking an Investment Analyst to support the Production (Debt/Equity) team in Chicago, IL. The Analyst will be joining an active and top-performing Production team while providing support through Financial Analysis, CRE Underwriting, Investment Report packaging, due diligence, and closing.
Organization – Responsible for providing support to the Chicago office through underwriting, loan request/investment report packaging, due diligence, closing, servicing and various support functions.
Planning – Plans and schedules own workload to best utilize time and most efficiently provide commercial real estate research, analysis, packaging and loan closing services.
Underwriting – Prepares underwriting of commercial real estate properties based on historical financial statements, projections, and market standards to determine a projected income, value and loan amount.
Packaging - Prepares investment reports in compliance with company guidelines and investor requirements. These reports include analysis of the borrower, property, underwriting, valuation, location, market, leases/rent roll, photographs, aerials, maps, etc.
Market Research – Gathers site, neighborhood, and city data including demographics, sales and rent comparables, absorption surveys and occupancy studies.
Capital Markets Updates – Responsible for staying updated and making calls to lenders/capital markets. Inclusive of sourcing and researching new deb/equity sources.
Closing – Provides loan closing coordination including collecting due diligence items, ordering third party reports, coordinating with all parties including borrowers, lenders and legal counsels, and acting as liaison with the servicing department.
Servicing – Performs regional office servicing functions including annual inspections, investor portfolio analysis, lease reviews/briefs, and normal routine regional office servicing duties through local market knowledge.
Client Service – Responsible for providing investors and borrowers and internal teams with prompt quality service in a friendly and professional manner.
What We're Looking For:
Minimum of one or more years of experience in Commercial Real Estate Finance. New grad's welcome to apply with Internship experience.
Four-year college degree required with a major in real estate, finance, accounting, or business area preferred
Demonstrated analytical skills with the ability to calculate NOI, DSC, ROC, IRR, etc.
Strong computer knowledge and skills, including in-depth expert knowledge of Microsoft Office (Excel, Word, PowerPoint etc.)
Knowledge of Salesforce and ARGUS software is a plus
Strong organizational skills with the ability to multi-task while under pressure
Ability to work independently with minimal supervision
Strong work ethic and willingness to work extended hours when necessary
Ability to handle multiple projects and assignments; able to prioritize and meet deadlines
Excellent written and verbal communication skills
Problem-solving skills to reflect level of responsibilities
For nearly 60 years, NorthMarq has been a capital markets provider of debt, equity, and loan servicing to commercial real estate investors through its regional offices from coast-to-coast. Our expanded platform now includes investment sales for multifamily assets, further broadening our commitment to building stronger relationships that deliver better results throughout the entire life of ownership.
As a leading capital markets provider, NorthMarq has decades of expertise built on strong relationships. As the company grows, the foundation built on our core values—integrity, respect and community—is critical. We pride ourselves on quality, customer service excellence and results.
We know our most valuable asset is our employees. Recruiting and retaining the best people in the industry is critical to our ongoing success. Each of our employees has opportunities for personal growth and works in a place where results are rewarded. Across all of our 30+ offices, we have a strong sense of camaraderie united by our corporate headquarters in Minneapolis, Minnesota.
We are privately owned, part of the Pohlad Companies family of businesses.