Company Team
Applied Real Estate Analysis, Inc.
914 S. Wabash
Chicago, Illinois 60605

phone 312.461.9332

fax 312.461.0015

www.areainc.net



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Experienced Real Estate Professionals

AREA analysts thoroughly understand real estate market dynamics. At a time when real estate development, financing, and ownership are becoming increasingly complex, AREA offers private investors and developers the judgment of experienced professionals with the highest standards.

Our assessments of market conditions and project feasibility for private sector clients keep us aware of private real estate investors' changing needs and concerns, including financial risk and return factors.

In turn, our sensitivity to these private sector requirements enables us to help public sector clients achieve their goals by structuring innovative public incentive programs.

The AREA team includes:

Maxine Mitchell, President

Robert Miller, Senior Vice President

Maria-Alicia Newsome Serrano, Assistant Vice President

A. Andy Prodanovic, Director of Valuation Services

Additional Staff Members


Valuation and Development Analyst sought by Applied Real Estate Analysis, Inc. in Chicago, IL.

Research and gather information on investment trends in local real estate markets to help establish appropriate capitalization rates and investment return targets for a multidisciplinary real estate consulting firm; Analyze area-wide demographic, socioeconomic, and real estate market trends affecting real estate development opportunities and patterns; Define data requirements and gather and validate information, applying judgment and statistical tests; Analyze revenue streams of income producing properties using discounted cash flow, internal rate of return, net present value and similar tools of comparative evaluation; Formulate mathematical or simulation models of problems, relating constants and variables, restrictions, alternatives, conflicting objectives, and their numerical parameters; Prepare cash flow spreadsheets using rents and expenses documented in the local market; Specify manipulative or computational methods to be applied to models; Study and analyze information about alternative courses of action to determine which plan will offer the best outcomes; Write project reports; Assist with identifying business opportunities, including preparing business proposals and marketing business valuation services; Collaborate with others in the organization to ensure successful implementation of chosen problem solutions; Assist in the management of AREA's rental housing market databases and models by working with program manager to: conduct multivariate regression analyses on information in databases, make adjustments to the model required by unique characteristics of local markets, identify opportunities to optimize performance of the existing databases and models, and identify additional opportunities for expansion of the databases and models; Perform validation and testing of models to ensure adequacy and reformulate models as necessary.

Requires a Master's degree in Real Estate, Economics, Finance, or a related field, plus 2 years of experience. Two years of experience in valuing real property and business enterprises. Experience working with relational databases, including at least 1 year of experience with SQL and 2 years of experience with Access. 2 years of experience with real estate financial modeling, including experience with income-restricted or publicly-subsidized properties. Experience analyzing demographic data, real estate data, and related data sources; and the ability to travel to client sites at least 20% of the time as needed.

Apply at www.jobpostingtoday.com (ref#2018).


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