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| Requisition Number |
10-0007 |
| Post Date |
6/24/2010 |
| Title |
Market Rent Analyst |
| City |
Atlanta |
| State |
Ga |
| Description |
The Market Rent Analyst will be responsible for day-to-day functions related to the analysis of multi-family and single-family unit rents consistent with relevant unsubsidized housing submarkets in Atlanta.
Essential Duties and Responsibilities:
Use proprietary computer tools and judgment to determine the Reasonable Rent for Section 8 vouchers and return this information to the property database. Receive fundamental information regarding subject properties (single-family and small-format multifamily) requesting AHA rent subsidy and combine these data with defined internal and external sources to determine the most supportable market-equivalent rent. Constantly monitor and prioritize Rent Reasonableness requests as presented through the database access tools to ensure high quality, maximum throughput and optimal customer service. Assist Asset Managers in determining the market-equivalent rent for large-scale multi-family properties being considered or re-evaluated for support through the Project Based Rental Assistance (PBRA) program. These tasks entail thorough analysis of market reports and fact checking/comparables analysis using online commercial database services, and writing formal recommendation reports for senior management approval.
Assist Asset Managers with valuation-focused property inspections and property-operations financial gathering and analyses, as assigned.
Assist Asset Managers with the collection and management of essential property information on AHA’s Real Estate Owned (REO) portfolio, as assigned. Through continuing education and experience, develop an authoritative understanding of market-equivalent rent levels in the ever-shifting submarkets of Atlanta. Prepare and present due diligence reports for the organization’s proposed real estate transactions or other transactions, as assigned.
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| Requirements |
Bachelor’s degree in Business Administration or a related field with relevant experience commensurate with the proficiency levels outlined below. Three to Five years of demonstrated training in financial analysis, forecasting, budgeting and performance measurements is a must. Demonstrated proficiency of current office technology and software application(s), and demonstrated use of such technology/applications on a regular basis. Training in financial analysis, preferably in the real estate industry, is a must. Ability to prioritize and handle multiple tasks with competing deadlines. Solid analytical and problem solving abilities. Excellent written and verbal communication skills. Excellent organizational and tactical skills.
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