Market Analyst

Market Analyst

Overview

Supports the Chief Economist/Director of Research, as well as the Investment Team with market analyses, market surveillance, and evaluation on potential markets and sites for development or acquisition. This position offers a great opportunity for broad research and analysis experience and exposure to all facets of real estate development including site acquisition, predevelopment, dispositions, asset management, and capital markets. There will be daily interaction with the company principals and senior management staff and provides the right candidate the opportunity for advancement.

Essential Duties and Responsibilities

• In cooperation with the Investment Team, conduct market analyses for potential development sites or potential property acquisitions
  • Develop and revise templates for market analysis as needed
  • Collect data from a variety of sources including ArcGIS Business Analyst, LandVision, RealPage, Oxford Economics, Zillow, and FRED
  • Analyze current and projected demographic, affordability, and supply/demand conditions for sites/properties under consideration
  • Review work of deal team analysts for accuracy and reasonableness
  • Visit sites as needed, in cooperation with deal team analysts, to confirm data and assumptions
  • Address specific market questions and communicate information about market conditions internally
  • Contribute to Investment Committee memos
• In cooperation with the Chief Economist/Director of Research, conduct market surveillance to identify and evaluate markets and sites for potential development or acquisition
  • Develop and revise templates for market surveillance as needed
  • Collect data from a variety of sources including those identified above
  • Support analyses to forecast demographic, affordability, and supply/demand conditions in potential markets
  • For selected potential markets, map areas that meet specified criteria using ArcGIS Business Analyst, LandVision, and other tools
  • Contribute to continuous improvement in market surveillance
• In cooperation with the Chief Economist/Director of Research, ensure that the Investment Team maintains an accurate understanding of current market conditions
  • Track releases of relevant data from a variety of sources including:
    • U.S. government agencies (e.g,, Federal Open Market Committee, Bureau of Labor Statistics)
    • Real estate industry associations (e.g., National Multifamily Housing Council, Nareit, National Association of Home Builders)
  • Track releases of high-quality relevant opinion from a variety of sources including:
    • Leading real estate industry vendors (e.g., GreenStreet Advisors, RCLCo, John Burns)
    • Leading financial industry thought leaders (e.g., Vince Reinhart, Michelle Meyer)
    • Sources focused on Middleburg’s target markets (e.g., Federal Reserve Banks in Atlanta, Dallas, and Richmond)
  • Disseminate information and analyses as appropriate to Middleburg company leadership and Investment Team members
• Key skills:
  • Ability to efficiently gather, check, clean, and analyze data using tools such as Excel, R, APIs
  • Ability to use GIS tools such as ArcGIS Business Analyst and/or LandVision
  • Familiarity with real estate and economic data sources such as FRED and/or CoStar
  • Familiarity with metrics used to evaluate multifamily property and/or market performance such as occupancy/vacancy levels, average days to lease, resident turnover, and rent rolls
  • Curiosity regarding financial aspects of real estate markets
  • Strong communication skills, especially writing
  • Dependability, professionalism, and personability

What we can offer you:

• Great benefits – We offer 100% paid medical insurance coverage for our Employee only plans & subsided medical options for additional family members, Dental and Vision plan options, Paid time off, Paid volunteer time off and paid holidays, 401(k) match, Employer paid Life and AD&D insurance coverage, and educational reimbursement.
• A job that challenges you – Middleburg strives for excellence in knowledge, service, and integrity. Excellence in knowledge means that Middleburg recruits and trains top notch Team Members who are experts in their field and who continue to improve their industry knowledge. Team Members work together to provide excellent customer service that exceeds customers' expectations.
• Great Culture - We embrace a culture of responsible leadership at all levels of our organization that encourages initiative to advance our mission and vision. We honor the dignity of all people, embrace differences, value new ideas, demonstrate empathy and strive to promote a caring and supportive environment for all. Our team is building a better world, one community at a time.

Company Overview

At Middleburg Communities, we share a vision for greater value creation through community impact. Our success is rooted in a genuine desire to serve our local communities in thoughtful and holistic ways. By enhancing the lives of others, we contribute positively to neighborhoods and maximize real returns for our partners.

Since 2004 Middleburg has acquired, recapitalized, and developed +21,000 apartment units, executing approximately $3 billion in transactions. Headquartered in Vienna, VA with satellite offices in Atlanta, GA, Charlotte, NC, Charleston, SC, and Greenville, SC, Middleburg Communities currently owns and manages approximately 7,000 units.

Middleburg Communities is an equal opportunity employer committed to diversity and inclusion. We welcome qualified applicants from a variety of backgrounds inclusive of their race, color, religion, sexual orientation, gender, gender identity, expression or orientation, genetic information, national origin, age, disability, or status as a disabled or Vietnam-era veteran.