Market Analyst – Asset Management at Second Avenue Realty – Chicago, Illinois

Second Avenue is the premier platform for enabling institutions to deploy meaningful capital into single-deeded residential assets (SFR) while retaining control and valuable lines of sight into their investments over time. Second Avenue’s proprietary technology and exclusive relationships have allowed it to bring scale to scattered single-family investment homes, a strategy that was previously untenable as an institutional asset class. The Company provides all aspects of sourcing, acquisition, and property management services for its clients.

We offer a positive culture and professional work environment. Please visit our website for additional background on our business platform – www.secondavenue.com

Job Summary

The Market Analyst position is part of the Analyst Team within Second Avenue’s Asset Management group, which is responsible for the underwriting and due diligence of acquisitions of single-family homes, as well as revenue and portfolio management for Second Avenue’s clients. This position will be primarily focused on analyzing, underwriting, and modeling the acquisition of homes via both on-market and off-market acquisitions channels to ensure acquisition targets are maximizing return potential for Second Avenue’s Investors. This position reports to the Managing Director of Asset Management and is located in the Chicago office.

Duties and Responsibilities

• Analyze, underwrite, and model potential acquisitions via both on-market (MLS) and off-market (wholesalers, small investors, builders) channels.

• Complete comparable market analyses and estimate market rents and sales values for acquisition targets and properties under management.

• Complete all required market and property level due diligence, utilizing company provided systems, resources, and checklists.

• Communicate effectively with other departments and agents as needed.

• Adhere to deadlines and meet or exceed goals / KPIs set in collaboration with the Acquisitions & Analysts Team.

• Research and analyze new markets for expansion.

• Perform other duties as assigned.

Qualifications

• Underwriting experience preferred.

• Proficient with Excel and PowerPoint.

• Applicants must have strong analytical and quantitative skills.

• Strong interpersonal/communication skills.

• Ability to collaborate and work in a team environment.

• Must thrive in a high-pressure environment with the ability to multi-task and prioritize competing tasks and meeting deadlines.

• Highly organized with strong attention to detail.

• Team player – energetic, enthusiastic, and personable with the ability to collaborate and work independently.

Education and Experience

• Must have Bachelor Degree in finance, real estate, business administration, economics, or related field

• 1-2 years of real estate investment, investment banking or investment research experience preferred.

Job Competencies

• Strong work ethic, value system and a high level of adaptability.

• Proven ability to be self-starter that thrives in a team environment.

• Analytical mindset with a focus on detail.

• Excellent communication skills both written and verbal.

• Experienced MS Office user; highly proficient with Excel, PowerPoint, and related software platforms.

Benefits

• Medical, Dental and Vision Insurance, Employer Paid Short-Term/Long-Term Disability and Life AD&D Insurance, 401k, PTO, and Paid Holidays.

NOTE: This job description is not intended to be an exhaustive list of all duties, responsibilities or qualifications associated with the job. Other duties may be assigned.

Second Avenue is an equal opportunity employer and values diversity. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.