Analyzing Data

Real Estate Analyst/Underwriter 

Our team focuses on strategically-sensitive transactions with an emphasis on ground up development agnostic to the #1 MSA in NYC to demand our utmost in delivering best in class condos to our potential residents.

GET TO KNOW US:

Increasingly recognized as one of the most active and innovative developers in New York City, New Empire Corp (NEC) successfully renovated, built, and developed more than 100 mixed-use residential multifamily and hotel real estate projects in premier locations throughout New York City since its founding in 1997. NEC offers in-house expertise that spans the full range of real estate disciplines—from the sourcing and analysis of target properties to zoning, capital-raising, architecture and design, construction management, marketing, and property management.

Principal Duties and Responsibilities: 

  • Review and analyze quantitative portfolio data, financing and partnership agreements, legal documents and other materials as part of project due diligence process

  • The Analyst will work on real estate acquisitions with the main focus being on GP-led restructurings, the recapitalization of joint ventures, and other structured solutions including preferred equity opportunities.  

  • Manage existing and develop new relationships with owners, and operators of commercial and multi-family Real Estate throughout NYC

  • Complete initial opportunity evaluation and analysis

  • Perform property and market level due diligence.

  • Perform and oversee complex financial analyses and modeling with minimal supervision, including real estate cash flow projections, ARGUS valuation models,

  • Gather and evaluate economic, demographic and real estate market data to perform market analysis

  • Draft Offering Memorandums, analysis and deliverables that guide the decision making process and provide actionable strategic recommendations

  • Conduct detailed analysis of legal, loan and financial documents to understand a property’s capital structure

  • Read and review documents/sales comps and prepare abstract reports

  • Interact with LPs and institutional investors/lenders in the context of transaction execution process and new business development

  • Develop and recommend financing alternatives

  • Convert relationships into exclusive financing mandates

  • Work within a team framework to execute transactions

  • Assist in negotiations with capital sources providing both debt and equity, where necessary

​APPLICATION FORM
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Experience, Skills And Abilities Required: 

To achieve the stated objectives for this position the following experience will be required:

  • 2+ years experience in commercial real estate, preferably in an intermediary capacity

  • Proven track record of underwriting & closing commercial loans, Bridge Loans & Preferred Equity/Mezzanine Debt transactions

  • Comprehensive knowledge of the entire capital stack including equity partnerships / promote structures

  • Ability to review real estate documents (loan documents, leases, appraisals, etc.) to determine if any issues exist and determine what could be a concern.

  • Strong research, analytical and problem solving skills. Ability to analyze qualitative and quantitative information.

  • Self-motivated, team-oriented

  • Excellent organizational, interpersonal quantitative, writing, and communication skills; able to interface with top level executives.

  • Strong proficiency with Excel, PowerPoint, Argus, PowerPoint and Word is required

  • Ability to multi-task in a team-oriented environment and work successfully under pressure while effectively managing time and workload with strong time management skills to prioritize deadlines

  • A desire to work within a collaborative, and ambitious professional and investor  facing environment

  • Previous experience with a developer, mortgage brokerage, bank, fund, CMBS or investment banking, preferred

  • Attention to detail / thoroughness / focus / determination

  • Organized and prioritizes work

  • Capable to work independently while possessing a team player attitude

  • Fluency in Mandarin and or Cantonese 

Education:

  • Bachelor’s Degree in Real Estate, Finance, Accounting, with exceptional academic credentials (Masters in Real Estate or CFA well preferred) 

  • Position type: Full time employee

  • Locations: 570 Lexington Ave, 2000A, New York, NY and 4918 3rd Ave, Brooklyn, NY

  • Salary: DOE (Depending on Experience)