Status: Full Time Employee
Job Title: ARA – New England – Real Estate Financial Analyst
Job Location: Burlington, MA
Please highlight relevant real estate experience or class work
This is an excellent opportunity to gain exposure and work in the fast-paced commercial real estate industry. Apartment Realty Advisors, Inc. - New England, Inc. (ARA-NE) is a Boston office of Apartment Realty Advisors, Inc. (ARA), the largest privately held, full-service investment advisory brokerage firm in the nation focusing exclusively on the multihousing industry. The role of the Financial Analyst is to provide a team of four brokers with financial analysis and underwriting of multifamily investment listings. Typically, the properties we list are privately or institutionally owned, range in size from fifty to several hundred units, and are located within New England.
Candidates must demonstrate an ability to analyze properties, write content that is both marketing oriented and accurately backed up by your research (typical sales packages are twenty-five to fifty pages in length). The Analyst will be expected to effectively utilize the Internet in his/her research, and must feel comfortable calling on sources to collect information. In addition, he/she will evaluate apartment communities’ financial income and expense and discounted cash flows in Excel, and assist in the underwriting development analysis for new properties. Other responsibilities include researching current real estate data such as sales comparables and upcoming construction projects to record in our database and maintaining and updating reports for the database (on an Access-based platform).
The Financial Analyst must be able to communicate with institutional clients, typically people with graduate degrees. Special projects will include creating PowerPoint presentations and working closely with the marketing and client manager in preparation of research and analysis to be included in materials. The Analyst will work closely with our Transaction Manager, as well as the entire investment team.
Candidates should have Bachelor’s degree and/or interest or experience in real estate, finance.
o This position requires creativity, excellent research and writing skills, and ability to analyze financial statements and spreadsheets
o Candidates must demonstrate tremendous attention to detail, strong organization skills, and the ability to work independently
o Necessary computer skills include an excellent understanding of Excel, PowerPoint, and Word. The ability to quickly learn additional programs is also important and training will be provided.
Apartment Realty Advisors is a national partnership of the top multifamily investment sales leaders in the United States that provides investment sales to private and institutional investors, land sales and equity placement. Created to serve multifamily owners, ARA combines the knowledge, process and relationships of highly skilled investment professionals with a marketing and sales platform that produces the best possible results for its clients. ARA represents and successfully transacts an average of $8.4 billion in apartment sales per year to a broad variety of regional, national and international clients. The 23 ARA offices and is the largest privately held Multifamily Brokerage in the company. Apartment Realty Advisors, Inc. - New England, Inc. (ARA-NE) has a team of six with the lead brokers having over 25 years + each in the real estate industry.
Through its existence, the New England team has closed over 26,000 units with a sales volume of over $2 billion, successfully closing 96% of properties listed. Apartment Realty Advisors, Inc. - New England, Inc. (ARA-NE) is the regional office and partner. ARA-NE was previously Nordblom Brokerage Company’s Multifamily team and there is an affiliation with this commercial real estate investment firm with offices in Burlington, Brookline, and Boston.