Associate / Senior Associate

Associate / Senior Associate

Institutional Property Advisors (IPA), a division of Marcus & Millichap, is seeking a dependable, detail-oriented, and hard-working individual to join its Office, Healthcare, and Industrial Investment Sales Team in the Greater Los Angeles Region. This full-time position works directly under a top office & industrial investment sales team in El Segundo. Excellent analytical, attention to detail, and professional business writing skills are required. Candidate must have a bachelor's degree in business, finance, real estate, mathematics, or economics. Superior computer skills are a must; the candidate should possess excellent Microsoft Excel underwriting & analytics capabilities and have significant ARGUS Enterprise experience.

The Associate/Senior Associate will provide financial and analytical support services, including preparing proposals/opinions of value, deal transaction management/execution, ARGUS modeling, performing market research both in and outside the office to evaluate real estate, analyzing comparable properties and sales trends, and preparing financial analysis for presentation to clients. Professionalism and attention to detail are musts.

The Associate/Senior Associate will be a resourceful contributor to the team who can operate in a fast-paced, stressful environment, take direction, and multitask under tight deadlines. Consistently projecting a friendly and professional demeanor, the Associate/Senior Associate will be responsible for preparing and analyzing all properties.

The anticipated salary range for candidates who will work in El Segundo, CA is $40-50 hourly. The final compensation offered to a successful candidate will be dependent on several factors that may include but are not limited to the type and length of experience within the industry, education, etc. Marcus & Millichap is a multi-state employer, and this salary range may not reflect positions that work in other states.

Job Requirement

• Bachelor's degree, or higher
• A minimum of 3 years of experience with a brokerage firm, investment bank, consulting firm, or real estate investment firm
• Exceptional analytical skills, including mastery of Excel and financial modeling
• Significant ARGUS Enterprise experience strongly preferred
• At least 2 years of CRE transactional work (acquisitions, brokerage, dispositions)
• Exceptional communication skills, both written and verbal
• Must be highly organized and detail-oriented
• Works well under deadlines
• Creative self-starter
• Ability to handle sensitive material and maintain the highest level of confidentiality
• Have a team-player attitude

Duties will include:

• Excel and Argus financial modeling
• Market and economic research
• Property marketing and deal execution
• Offering Memorandum and Broker Opinion of Value (BOV) Preparation
• Gather and research sales and rent comparables
• Track market trends, both macro & micro, including rental rates, rental growth, regional/national economic activity, and development
• Read leases and prepare lease abstracts
• Prepare financial models for commercial real estate valuation
• Review financial statements and operating information
• Assist in 3rd-party platform integration
• Respond to requests for property information and due diligence questions
• Database & CRM Management