Marcus & Millichap is looking for a Financial Analyst to be part of the Self-Storage team in the Denver Office. The team is a leader in the self-storage industry, committed to delivering excellence through financial integrity, strategic growth, and data-driven decision-making. The ideal candidate would be a highly motivated individual with a strong work ethic and analytical problem-solving skills who can add value to our dynamic team.
Job Responsibilities:
- Analyze financial data, trends, and performance metrics specific to the self-storage industry to provide insights and recommendations.
- Assist in budgeting, forecasting, and financial planning processes, including revenue optimization for storage unit occupancy.
- Develop financial models to support business decisions related to pricing strategies, expansion, and operational efficiencies.
- Prepare reports, dashboards, and presentations for senior management with a focus on self-storage market trends.
- Conduct variance analysis to identify trends, financial risks, and opportunities within the self-storage sector.
- Collaborate with cross-functional teams to optimize financial performance and drive growth in storage unit occupancy and revenue.
- Underwrite self-storage assets using Excel
- Analyze, review, and interpret real estate source documents, including operating statements, rent rolls, budgets, loan documents, operating statements, leases, and other due diligence material
- Research market conditions in support of financial underwriting assumptions
- Ability to play a role in presenting with lead broker in a formal client setting to audiences with a wide range of financial acumen
- Compile and present the results of analyses and effectively address questions
- Communicate directly with capital markets professionals, asset managers, leasing brokers, property managers and clients
- Research and comprehend rent and sales comparables using Co-Star as part of the valuation process with an ability to make cold calls to gather necessary information
Qualifications & Skills:
- Bachelor's degree in Finance, Accounting, Economics, or a related field
- 2+ years of experience in financial analysis or a related role, preferably in real estate
- Strong analytical and problem-solving skills
- High level of proficiency in Microsoft Excel is a must
- Ability to work independently and in a team environment
- Proven experience in the valuation of income-producing properties
- Intellectual curiosity with a demonstrated enthusiasm for the commercial real estate industry
- Strong interpersonal and organizational skills with ability to manage multiple projects simultaneously
- Decision-making capability with thorough understanding of procedures, company policies, and business practices to achieve general results and client-drive expectations and deadlines
- Excellent written and verbal communication skills with strong attention to detail
- Process oriented and organized self-starter with sharp focus on details with an awareness of the bigger picture
- Must have creative problem-solving abilities and a sense of personal accountability and urgency for achieving results in a challenging, fast-paced, environment
Top Skills
What We Do
Marcus & Millichap was founded in 1971 with the goal of being a new kind of company – one driven by long-term relationships and built on a culture of collaboration. We focus on bringing together specialized market knowledge, the industry's leading brokerage platform and exclusive access to inventory to achieve exceptional results for our clients, year after year.
Today, we are the industry’s largest firm specializing in real estate investment sales and financing, with over 80 offices and nearly 2,000 investment sales and financing professionals throughout the United States and Canada. In 2021, the firm closed 13,255 transactions with a sales volume of $84.4 billion.