Commercial Real Estate Financial Associate - Marcus & Millichap : Job Details

Institutional Property Advisors, a subsidiary of Marcus & Millichap, Inc., is seeking an Associate, Capital Markets, to join a top producing commercial real estate debt and equity origination team, focused on executing institutional-quality real estate financings across the US. Our professionals advise on a wide range of capitalizations including construction, bridge, and permanent debt, JV equity, and preferred equity across all major asset classes. The candidate will support the team in the origination and execution of financing transactions and will be responsible for financial modeling, market and sponsor due diligence, and assisting with the creation of offering memorandum. This role is designated to be a non-exempt position.

The anticipated hourly range for candidates who will work in Manhattan, NY is $33.65/hour - $38.46/hour (approximately $70,000 - $80,000/year based on 40 hours per week) plus an annual bonus. The final compensation offered to a successful candidate will be dependent on several factors that may include but not limited to the type of experience within the industry, education, etc. Marcus & Millichap is a multi-state employer, and this range may not reflect positions that work in other states.

This is a 100% on-site role in our Manhattan, NY office.

• Support senior team members in the execution of capital markets assignments, including debt placements and equity raises.
• Build and maintain detailed Excel-based financial models for a variety of asset classes and business plans (development, value-add, stabilized).
• Assist in reviewing and organizing property-level due diligence materials such as rent rolls, operating statements, leases, budgets, and third-party reports.
• Assist in the preparation of client engagement agreements, offering memoranda, lender packages, and investment summaries for internal and external distribution.
• Conduct market research and help prepare competitive analysis, supply/demand studies and demographic reports.
• Research local real estate markets to identify trends, opportunities, and potential risks.
• Request and coordinate transaction documentation, timelines and maintain data room integrity.
• Interface directly with sponsors, lenders and equity providers, alongside senior team members.
• Ensure required closing documentation is posted to internal systems.

• 2 to 3 years of commercial real estate experience in advisory, banking, or valuation.
• Bachelor's degree in finance, economics, accounting or commercial real estate.
• Solid understanding of real estate fundamentals and capital structures.
• Strong financial modeling skills and core competence with Excel and Argus.
• Proficiency with CoStar and other data sources.
• Experience with PowerPoint and other presentation software.
• Strong analytical and quantitative skills.
• High attention to detail in analytical assessments and valuations.
• Ability to manage multiple tasks accurately and productively during time sensitive situations.
• Strong verbal and written communication skills.
• Ability to work independently with a team player attitude.
• Flexible attitude with the ability to handle change effectively.
• Availability for North American travel.