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Real Estate Analyst

Nearon Enterprises

Asset Class Agnostic

Walnut Creek, CA

Salary Estimate: Confidential

Employment Type: Full Time

Work Place: Office

Experience Required: Less than 1 year

Education Required: Graduate Degree

Job Description

Company Description:

Nearon is a Walnut Creek, CA-based, privately held real estate investment firm. Nearon owns and operates a diverse portfolio of approximately 5.5 million square feet of properties throughout the Western U.S., including over 4 million square feet of industrial buildings, nearly 1 million square feet of offices, and 600 apartment units. Current holdings are primarily concentrated in California, Arizona, Utah, and Colorado. To learn more about the company, please visit: nearon.com

Position:

Perform analysis in support of the acquisitions/asset management team. Primary duties and responsibilities to include, but are not limited to, the following:

Asset Management

Prepare financial analysis, using Excel and ARGUS, of new lease transactions, financings, and capital projects.
Perform lease analysis on new lease transactions and assist with lease proposals (i.e. LOIs).

Assist with projects related to leasing, financing, capital projects and tenant management.
Maintain Excel spreadsheets for tracking leasing performance and occupancy of portfolio.
Compile data and assist with annual property valuations, performed by third-party appraisers.

Support in the preparation of annual budgets.
Conduct financial analysis of prospective dispositions of existing holdings.

Acquisitions

Support acquisition due diligence and financial analysis.

Contribute to writing and data gathering for Investment Summaries for new acquisitions.
Conduct in-depth market research and analysis. Research on market conditions and competition, including lease rates, lease concessions, vacancy and absorption factors.

Engage, compile, and analyze third party reports (e.g., Phase I, Property Condition, Survey, Title).
Create/modify Argus models for each property and update periodically.

Qualifications:

Entry-level position.
B.S. in Business, Economics or Finance with Emphasis or Minor in Real Estate a plus.
Prior experience in real estate, including paid internships, a plus.
Excellent interpersonal, analytical, and problem-solving ability.
Strong communication skills (both written and oral).
High level of thoroughness and attention to detail; ability to find solutions to problems without direction.
Self-motivated, enthusiastic individual who works well in a team environment.
Strong organization skills with the ability to multi-task and prioritize.
Excel model building experience.
ARGUS training or ARGUS Certified a plus.