Analyst, Economics and Research

New York

BGO is a leading, global real estate investment management advisor, real estate lender, and a globally recognized provider of real estate services. BGO serves the interests of more than 750 institutional clients with approximately $83 billion USD of assets under management (as of June 30, 2023) and expertise in the asset management of office, industrial, multi-residential, retail and hospitality property across the globe. BGO has offices in 28 cities across fourteen countries with deep, local knowledge, experience, and extensive networks in the regions where we invest in and manage real estate assets on behalf of our clients in primary, secondary and co-investment markets. BGO is a part of SLC Management, which is the alternatives asset management business of Sun Life.

For more information, please visit www.bentallgreenoak.com

The Program:

We are seeking an analyst to join the economics and research team in our analyst-development program. The program is designed for recent college graduates, for a tenure of 3-4 years, after which analysts typically leave to attend graduate school. Exceptional analysts can be promoted to associate before leaving the program. Candidates with prior relevant work experience will be considered. This is an in-office position with some flexibility allowed for remote work when needed.

The Role:

The successful candidate will join a small, dynamic team focused on achieving the best possible outcomes for our clients through innovative research, forecasting, and data analytics. The team’s work is critical to the formulation of commercial real estate investment strategies and the execution of those strategies. The successful candidate will be passionate about economic, demographic, and market research and possess the motivation and intellectual curiosity to cultivate forward-thinking perspectives on current and future market dynamics. The person in this position must have the ability to synthesize large amounts of data and qualitative information and effectively and concisely communicate findings to the relevant stakeholders. Opportunities will exist to take ownership of key research topics as well as gather and analyze data and qualitative research relevant to investment decisions. Strong verbal and written communication skills and quantitative ability will be crucial. This position reports directly to the chief economist and head of research and offers direct exposure to senior management.

Position Responsibilities:

• Assist in the preparation of macroeconomic and commercial real estate market presentations and outlooks.
• Produce client reports/presentations including business plans, quarterly/annual reporting, and attribution analysis.
• Regularly interact with and support client support staff and capital raising teams.
• Assist portfolio management teams with periodic reporting as well as ad hoc analysis.
• Monitor economic, demographic, and real estate trends to formulate and complement house views.
• Respond to ad hoc research requests in a timely and thoughtful manner.
• Support the investments team, including the preparation of market overviews and statistical analyses in support of investment memorandums.
• Work with the data science team to produce forecasts, market rankings, and house views.
• Partner with team members on innovative new approaches to analyzing markets and micro-locations.
• Possess detailed understanding of key markets, submarkets, and metro economies.
• Regularly interact with and support asset managers.

Education and Experience:

• An undergraduate degree in Economics, Finance, or Mathematics/Statistics

Essential Qualifications:

• Intellectual curiosity and desire to conduct studies of interest and relevance.
• A reliable and resourceful team player who is assertive, enthusiastic, and driven to succeed.
• Skilled at creative problem solving and deductive reasoning.
• Meticulous attention to detail and accuracy of calculations.
• Strong communication skills both written and verbal.
• Excellent project management and organization skills.
• Ability to work well within a small team and collaborate with internal groups and individuals at all levels of an organization under tight timeframes.
• Proficiency in Microsoft Office software, including Word, Excel, Access, and PowerPoint.

Preferred Qualifications:

• Experience working with major government and real estate data sources such as Moody’s Analytics, BLS, CoStar.
• Familiarity with areas of mathematics including linear regression, multivariable calculus, differential equations, and linear algebra.
• Experience using a statistical programming language such as STATA, R, Python including: linear and nonlinear regression modeling, time series analysis (autoregressive modeling, error-correction modeling), and matrix manipulation.
• Familiarity with databases and data science techniques.

BentallGreenOak promotes a corporate culture that attracts and retains the highest caliber people. We encourage opportunities for growth, development and promotion by providing our employees with the resources to work effectively and continually strive to perform better. We are committed to a safe and sustainable work environment.