Marcus & Millichap

Commercial Real Estate Associate / Associate Director

New York, New York, United States

$90,000 – $100,000Compensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Consumer Software, Financial ServicesIndustries

Requirements

Candidates should possess a Bachelor’s degree in finance, accounting, or commercial real estate, and a minimum of 3 to 5 years of experience in commercial real estate advisory, banking, or valuation. Superior financial modeling skills utilizing Excel and Argus are required, along with strong analytical and valuation assessment abilities.

Responsibilities

The Commercial Real Estate Associate / Associate Director will assist in the preparation of engagement agreements, review and input property rent rolls and leases, prepare historical financial analysis and financial models, perform due diligence on prospective and existing clients, research local real estate markets, prepare sections of offering memoranda, request and coordinate transaction documentation, follow up with clients and investors, and ensure required closing documentation is posted to internal systems. They will also contribute to transaction closings and maintain a team player attitude with flexibility to handle change effectively.

Skills

Financial Modeling
Excel
Argus
Analytical Assessments
Valuation
Communication (Verbal)
Communication (Written)
Due Diligence
Real Estate Markets
Offering Memoranda

Marcus & Millichap

Commercial real estate brokerage and advisory services

About Marcus & Millichap

Marcus & Millichap specializes in commercial real estate investment sales, financing, research, and advisory services across the United States and Canada. The firm operates with a team of 2,000 professionals in 80 offices, serving clients such as real estate investors, property owners, and developers. They assist clients in buying, selling, and financing various types of commercial properties, including multifamily housing, retail, office, industrial, and hospitality. The company earns revenue primarily through commissions on property sales and financing arrangements, as well as fees for their research and advisory services. What sets Marcus & Millichap apart from competitors is their focus on specialization, commitment to client results, and the integration of research and technology to enhance their services. Their goal is to provide tailored solutions that lead to successful outcomes for their clients in the commercial real estate market.

Key Metrics

Calabasas, CaliforniaHeadquarters
1971Year Founded
$28.1MTotal Funding
IPOCompany Stage
Consulting, Real EstateIndustries
1,001-5,000Employees

Benefits

Medical
Dental
Vision
Flexible Spending Plans (Medical, Dependent Care, Commuter)
401(k) Plan with Company Match
Company Sponsored Long-Term Disability Coverage
Additional Voluntary Long-Term Disability Coverage
Company Sponsored Group Life/AD&D
Additional Voluntary Life/AD&D
Employee Assistance Program (EAP)
Paid Time Off (paid vacation time, paid sick time, and paid Company holidays)
Educational Assistance
Employee Referral Program
Fitness Membership Discount Program
Credit Union Membership

Risks

Rising interest rates may reduce the volume of commercial real estate deals.
Remote work trend could decrease demand for office spaces.
E-commerce growth challenges demand for traditional retail properties.

Differentiation

Largest firm specializing in real estate investment sales and financing in North America.
Operates over 80 offices with 2,000 professionals in the U.S. and Canada.
Focuses on specialized services tailored to commercial real estate clients' needs.

Upsides

Increased demand for grocery-anchored retail centers boosts transaction opportunities.
Growing interest in high-quality medical properties enhances market appeal.
Significant investment opportunities in North Jersey's multifamily sector.

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