Analyst

Newmark is hiring for an Analyst for land valuation and advisory. This Analyst would be responsible for collecting and entering real estate data, specializing in the land asset class, to support property appraisal and valuation consulting services. The Analyst will conduct market research, maintain accurate internal data, assist with appraisal report preparation, perform initial quantitative analysis, and participate in site visits under the direction of senior staff.

Responsibilities

Market Research & Property Data-Inspections:

• Conduct local market research regarding development applications, existing competitive active development projects, housing market quarterly updates, land listings and sales comparables.
• Research various property databases including Geowarehouse, Altus Data Solutions, RealTrack, etc.
• Build and maintain proprietary sales databases and templates.
• Research land use regulations for various municipalities in Southern Ontario in terms of Official Plan designations, Secondary plans, Zoning By-law classifications, etc.
• Analyze property data, land use approvals, site plans, Draft Plans of Subdivision, development cost budgets, marketing material, presales and unsold stats, ground leases, etc.
• Perform physical site visits and property inspections alongside designated senior appraisers. Valid drivers license and access to a car is recommended.
• Assist Senior Appraisers and Managing Directors in drafting comprehensive, CUSPAP-compliant real estate appraisal reports.
• Analyze comparable land sales and listings including supporting adjustments to substantiate reasonable market value estimates.
• Conduct direct comparison and land residual approach analyses for development land intended for various uses (medium, low & high-density residential, industrial, retail, multi-family, seniors housing, office, Right-of-Way corridors, Expropriation and special use).

Appraisal Report Production:

• Assist Senior Appraisers and Managing Directors in drafting comprehensive, CUSPAP-compliant real estate appraisal reports.

Valuation & Financial Modeling:

• Analyze comparable land sales and listings including supporting adjustments to substantiate reasonable market value estimates.
• Conduct direct comparison and land residual approach analyses for development land intended for various uses (medium, low & high-density residential, industrial, retail, multi-family, seniors housing, office, Right-of-Way corridors, Expropriation and special use).

Qualifications

• A bachelor’s degree in real Property Valuation, Urban Planning Studies, Economics, Finance, Geography, Commerce, or related disciplines

• AIC Candidate working toward the AACI, P. App

• Preferred but not an absolute requirement.

• Willingness to attend site visits and assist with property measurements, photographs, and documentation.

• Strong research skills and the ability to collect information from databases, public sources, and industry contacts.

• High attention to detail and accuracy when entering, reviewing, and auditing data.

• Ability to organize property information and supporting materials for appraisal and valuation reports.

• High proficiency in MS Excel, Word and real estate database platforms.