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Commercial Real Estate Senior Research Associate

Salary
<$75,000
Employment
Full Time
Work Place
Part Remote
Real Estate Field
Location
Chicago
 IL
Postal Code
60611
Country
United States

This job is no longer active.

Description


The Research Group provides analytical support to our appraisal professionals and is responsible for several essential tasks that are crucial to the valuation process: analyses on demographic and psychographic trends, macroeconomic fundamentals, governmental factors, historical and forecast supply and demand trends, and tenant operation research and tracking.  Our research professionals work directly with our appraisers to develop a deeper understanding of market influences impacting the subject and provide subsequent tracking for quarterly updates. This process produces higher quality reports as well as condenses appraisal turn times.

 

The Senior Research Associate works in conjunction with the Research Group managers and the National Director of research to support research initiatives across the team.  Job responsibilities include research production, review of research deliverables, and mentorship and training of new and junior staff. This role does come with a fast track to Research Manager for the right candidate.  This job is a great opportunity for an individual who is passionate about real estate research and is wanting to grow management/ team building skills. 

 

The salary for this position ranges from $50,000 to $65,000 annually plus a yearly bonus.  Salary will be determined by experience, education, and location.  NPV Advisors also offers medical, dental, and vision insurance as well as a safe-harbor 401K.

 

Responsibilities

  • Gathering, cleaning, and analyzing data on various value influences
  • Researching local and regional social, economic, governmental, and environmental forces
  • Conducting supply and demand studies
  • Generating and formatting Excel graphs and charts
  • Synthesizing research into well-written narrative reports
  • Reviewing the work of junior research staff and assisting managers with team wide quality control
  • Assisting new hires and junior research staff with training, edits, and questions
  • Aiding the flow of communication between the appraisers, research managers, and research team
  • Building the team by interviewing potential new hires and making hiring decisions along with other senior staff
  • Encouraging the junior staff to continue to learn and grow in knowledge of the real estate industry by informing them of current real estate trends and information sources
  • Developing a strong team environment within the Chicago, Atlanta, and Houston offices through interactions and mentorship of junior staff members
  • Gaining a more thorough knowledge of the appraisal process and being able to articulate research products in context of the broader offerings that NPV provides

 

Requirements

  • Bachelor’s degree or higher in any concentration
  • No prior management experience required but a passion for leadership and team building preferred
  • Strong writing and editing skills
  • 1-3 years of experience in real estate industry or project management
  • Strong understanding of real estate fundamentals across all major property types
  • Ability to multi-task and manage self in high volume environment
  • Proficiency with Microsoft Word and Excel

 

NPV Advisors provides equal opportunity employment to all persons regardless of age, race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status, or any other characteristic protected by law. 


This job is no longer active.

Appraisal / Valuation Retail Chicago Full Time IL Research/Market Analysis Commercial Real Estate Senior Research Associate other