Analyst

WHO WE ARE

Newcastle Limited is a growth-oriented, employee-focused real estate investment firm. We are long-term owners who acquire and develop multifamily, retail, and mixed-use properties in urban Chicago. We self-manage our portfolio through our Newcastle Retail Management and Reside Living brands. Our growing portfolio includes more than 3,000 apartments and 600,000 square feet of retail space. Our mission is to provide the best urban real estate experience for our residents and retail tenants, and the best value for our capital partners.

If you have an affinity for real estate and want to be part of a collaborative culture that strives to win, we want you as part of our team. Come power your career with us and enjoy the journey along the way.

WHAT YOU WILL DO

Newcastle Analysts gain experience in all aspects of real estate investment, development, and operations over a two-year rotation through the key operating divisions of this vertically integrated real estate investment and operating company. The successful candidate will work as part of a collaborative team to evaluate investment opportunities, study firm-wide strategic alternatives, perform market analyses, report on asset and project performance, and support capital-raising activities with the firm’s capital partners.

CONDUCT RESEARCH AND ANALYSIS

• Analyze opportunities and risks of new investment and development deals.
• Prepare financial models (Excel, Argus), analyze investment returns (DCF, NPV, IRR), model project capitalization, and perform sensitivity analyses.
• Perform market analyses. Track and analyze economic, demographic, and real estate market data to identify trends and draw supportable conclusions that guide investment decisions.
• Monitor, evaluate, and report on the performance of portfolio assets. Analyze financial and operating trends to uncover opportunities and identify potential problems before they occur.

PROVIDE STRATEGY AND INSIGHTS

• Evaluate value-add opportunities for portfolio assets.
• Partner with asset managers and operations managers to identify, evaluate and plan renovations, retail leases, and other large capital investments.
• Develop proposals and executive communications supporting investment decisions based on financial, market, and project analysis.

IMPACT INVESTMENTS AND GROWTH 

• Collaborate with the CEO and Managing Directors on various projects designed to exploit opportunities or overcome challenges on new investments and existing assets.
• Work with senior management, asset management, operations, project management, and accounting colleagues to achieve specific business objectives in our investment plans.
• Partner with the CFO to support borrowing activities to include preparing loan request packages, soliciting debt, and forecast loan compliance.

REQUIREMENTS

• Top academic performer with a BS/BA in finance, accounting, real estate, business, or related field.
• Two or more years of experience with real estate financial modeling and analysis.
• Strong analytical orientation with solid research, analytical, and problem-solving skills.
• Ability to construct and interpret complex financial models using discounted cash flows.
• Advanced Excel skills. Familiarity with Argus. Proficiency in Microsoft Office Suite (PowerPoint, Word, Outlook).
• Familiarity with real estate construction, permanent debt, and equity partnerships.
• Ability to understand and abstract legal documents, such as leases and purchase and sale agreements.
• Experience compiling economic, demographic, and real estate market data and interpreting it for use in investment and strategic decision-making.
• Desire and ability to develop relationships through networking and industry events.
• A highly motivated team player eager to work in a collaborative environment focused on delivering outstanding results for capital partners.
• Excellent oral and written communication skills.
• Unquestionable integrity, credibility, and character, who has demonstrated high moral and ethical behavior.

Newcastle Limited is committed to conducting all employment practices for employees at all levels without regard to race, creed, genetic characteristics, gender, color, religion, sex, national origin or ancestry, age, mental or physical disability, marital status, sexual orientation, veteran/military status, gender identity/status, pregnancy, childbirth or related medical conditions, or any other characteristic protected by applicable state, federal or local laws, except where a bona fide occupational requirement exists.

Newcastle Limited is an E-Verify employer. E-Verify is an Internet-based system operated by the Department of Homeland Security (DHS) in partnership with the Social Security Administration (SSA). It allows participating employers to electronically verify the employment eligibility of their newly hired employees in the United States.