Real Estate Analyst Intern

Position Summary

The Real Estate Analyst Intern position is responsible for performing multifamily real estate market research and analysis for the Government Consulting and Valuation Advisory (GoVal) department.  This includes collecting and coalescing pertinent market data, assisting in market analysis and analyzing economic trends in designated regions.  This position reports to a designated Analyst or Manager on the GoVal team. This intern position has a minimum expectation of 20 hours per week and this position would be in the office.  

Your Contributions and Responsibilities

• Conduct basic economic and locational research regarding market areas via telephone interviews and internet resources
• Analyze demographic information of market area and economic trends which include employment, average wages, median incomes of market area and relation to demand of affordable housing in area
• Perform apartment property interviews, screenings, market analysis, comparable property surveys and demand analysis
• Perform phone interviews with local housing authorities, planners, senior centers and chambers of commerce to identify problems and understand demand in the market
• Perform interviews with apartment property managers of market/LIHTC/subsidized apartment properties to gather property-specific information and general market conditions
• Gather new information on new multifamily developments in the area by speaking to developers, searching newspapers and the internet; find subsidized, tax credit and market rate comparables
• Request information from appraisers/brokers on existing multifamily and land sale comparables
• Assist in writing market studies and appraisals of proposed and existing real estate developments.  Analyze general housing market through comparison of renting and buying a home, construction of buildings and apartment market studies performed by other sources.  Quantify excluded properties in the market area.
• Occasionally perform administrative tasks, such as filing
• Assist with other duties, projects or partner requests as assigned

Your Background and Skills

• Excellent verbal and written communication skills; this position involves a great deal of primary research in addition to web-based research and phone interviews, and Interns must be comfortable speaking with individuals via telephone and synthesizing this information in written narrative form.
• Display strong analytical skills, including the ability to gather information, conduct analyses and present findings
• Solid organizational and follow-through skills, performing work accurately with strong attention to detail
• Ability to meet deadlines and effectively prioritize a fast-paced and varied workload, effectively manage a variety of concurrent and shifting priorities
• Strong computer skills, including solid skill in the Microsoft Office suite (prefer advanced skill in Excel)
• Available for domestic travel as needed

Your Qualifications

In process of earning a bachelor's degree in related area.  Experience in real estate research, multifamily market analysis or commercial appraisal is a plus.