Benefits

Job Description

Job Summary

The Newmark Real Estate Investment Banking team is looking to bring on an Associate or VP to join the New York office. The group is currently comprised of a deep team of real estate investment banking professionals from various real estate equity and finance backgrounds. The Associate/VP will be joining the Strategic Advisory group which largely functions as the Investment Banking / Corporate Advisory role within the Newmark Capital Markets platform. The group has a very active current transaction volume and a robust pipeline of large-scale equity transactions including portfolio recapitalizations, continuation fund raises, programmatic equity raises, M&A/REIT privatizations, GP/Opco investments, investment sales and financing solutions.

The Strategic Advisory team is focused on a wide range of equity transactions for both public and private commercial real estate clients. The team focuses on property and portfolio/platform level transactions across all property types, including residential, retail, industrial, retail, hospitality and alternative assets throughout North America. The role will be involved in every stage of a transaction including underwriting, market research, property tours, preparation of pitch materials and offering memoranda, marketing of transactions, discussions with capital, term sheet negotiations, closings, and client meetings / events. The position will be based in-office and work in a high-energy and fast-paced environment.

Primary Responsibilities

Work closely with the analyst pool to prepare pitch materials and offering memoranda for commercial real estate transactions, incorporating thorough research and financial modeling.
Lead the transaction process from sourcing through execution of equity transactions on behalf of Newmark’s institutional clients, ensuring seamless deal management.
Maintain regular engagement with Newmark’s clients by leading transaction update calls and participating in client meetings to discuss new business opportunities.
Conduct complex financial modeling of property-level cash flows and debt/equity structures, leveraging client information, market data / research to provide accurate underwriting.
Review and analyze key transaction documents, including LOI/term sheets and joint venture contracts to extract and assess relevant information efficiently.
Build and strengthen industry relationships through active participation in meetings, events, and real estate trade organizations.
Contribute to weekly pipeline meetings by discussing deal flow, transaction status, market conditions, and prospective client opportunities.
Track and maintain database of transaction executions and help identify new business opportunities.
Other duties as assigned.

Experience Required

2-8 years of finance and/or commercial real estate capital markets experience in an analytically rigorous environment. Real estate investment banking or commercial real estate advisory/investment experience is preferred.
Experience closing transactions across a broad range of asset classes and transaction types (i.e. exposure to equity raises, portfolio recaps, M&A, development and stabilized portfolios).
Self-motivated, team oriented, and strong time management skills to prioritize tight deadlines.
Strong research, analytical, and problem-solving skills. Ability to analyze qualitative and quantitative information.
Ability to be proactive, anticipate demands and accomplish tasks with minimal direction and oversight.
Exceptional organizational, interpersonal, quantitative, writing and communication skills; able to interface with clients including their top-level executives.
Strong writing skills with ability to communicate analytical and marketing data effectively.
Ability to work independently while being a team player.

Education

Bachelor’s Degree in Real Estate, Finance, Accounting, Economics or related discipline or an equivalent combination of education and experience.

Computer Skills

Proficiency in Outlook, Excel, Word and PowerPoint.

Note: The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.

Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.

Investment Banking

Newmark

• 1500+ employees

Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ending December 31, 2023, Newmark generated revenues of approximately $2.5 billion. Newmark’s company-owned offices, together with its business partners, operated from approximately 170 offices with 7,400 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

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