Senior Market Analyst, Los Angeles
Job Description
OVERVIEW
CoStar delivers real-time, verified commercial real estate data that helps clients confidently spot great opportunities and make smart choices ahead of competitors.
By combining the power of CoStar’s independent research organization – the industry’s largest – with global data delivery, software, and application solutions, clients can act on opportunities with confidence.
The Marketing Research team is the heart of CoStar, capturing market-critical information that enables our commercial real estate clients to make informed, high impact business decisions daily.
CoStar Group’s research contributes to the most important segment of our economy, helping businesses open offices, retail stores, warehouses, and manufacturing facilities.
CoStar Group is seeking a Senior Market Analyst to join our growing research organization.
As CoStar SENIOR MARKET ANALYST, you will compile comprehensive information and data about specific markets.
Responsible for the creation of graphics utilizing both Excel and PowerPoint to showcase market trends and analysis for internal and external presentations and reports.
Communicate findings regarding the state of their markets.
Work side by side with the Researchers, Pipeline Analysts and Research Managers within their markets to share influential market analysis and trends.
RESPONSIBILITIES
- Responsible for producing meaningful, relevant, and insightful analysis of real estate market conditions for inclusion in CoStar’s product offerings.
- Content will take various forms, including 1) written narratives in CoStar’s market and sub-market reports; 2) visual content included in presentations about the market; 3) verbal discussions about the market with CoStar customers; and 4) written and visual content sent to the media.
- W orks to compile comprehensive information and data about specific markets utilizing that information and personal market knowledge to develop an informed opinion of overall market conditions and peculiarities.
- Prepares edited market reports that identify trends and data inconsistencies.
- Uses multiple software platforms to develop/create graphics to showcase market trends and analysis for internal and external presentations and reports.
- Responsible for analyzing market data and draw insightful conclusions.
- Responsible for utilizing all the data available at CoStar and to manipulate, aggregate and organize this data to uncover trends, patterns and other insights of interest to the commercial real estate industry.
- Maintain well-written, timely CRE market and sub-market reports for analysis and commentary on sub-markets and markets covered by CoStar.
- Commentary should be relevant, insightful, interesting and thought provoking to CoStar clients.
- Regularly review CoStar data for accuracy, timeliness and quality and ensuring errors and outliers are corrected in a timely manner.
- Translate analysis and insights into meaningful presentations and deliver them to the market.
- Deliver in person and video market updates to CoStar clients and industry groups, focusing on economic and CRE trends in the market.
- Other products containing commentary and analysis may be added as the MA team develops strategies to inform Costar clients and disseminate expert market knowledge.
- Manages multiple projects simultaneously.
BASIC QUALIFICATIONS
- Bachelor’s degree, preferably in economics, finance, urban planning or real estate; graduate degree preferred.
- 5+ years of work experience in commercial real estate with familiarity of the local market.
PREFERRED QUALIFICATIONS AND SKILLS
- Firm understanding of economic theory and principles and their application to the real estate industry.
- Demonstrated writing skills; ability to write effectively and in large volumes.
- Strong data and analysis skills, in particular using MS Office.
- Good communication skills.
- Polished presentation skills.
- Strong work ethic and ability to work in a team environment.
- Must be legally authorized to work in the US.
OVERVIEW OF COMPANY:
Founded in 1987, CoStar Group is the leading provider of commercial real estate information, analytics, and online marketplaces.
Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availability.
Behind some of the most well-known brands in the industry, CoStar Group includes CoStar, the largest provider of CRE research and real-time data; LoopNet, the most heavily trafficked mobile and online real estate marketplace; Apartments.com, the premier rental home resource for renters, property managers and owners; STR, the leading provider of performance benchmarking and comparative analytics to the hotel industry; BizBuySell, the largest online marketplace for businesses-for-sales; and Lands of America, the leading operator of online marketplaces for rural real estate.
Headquartered in Washington, DC, CoStar Group maintains offices throughout the U.S.
and in Europe, Canada, and Asia with a staff of over 4,300 worldwide.
WHAT’S IN IT FOR YOU:
Working at CoStar Group means you’ll enjoy a culture of collaboration and innovation that attracts the best and brightest across a broad range of disciplines.
In addition to generous compensation and performance-based incentives, you’ll be supported in both your professional and academic growth with internal training, tuition reimbursement, and an inter-office exchange program.
Our benefits package includes (but is not limited to):
- Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug
- Life, legal, and supplementary insurance
- Commuter and parking benefits
- 401(K) retirement plan with matching contributions
- Employee stock purchase plan
- Paid time off
- Tuition reimbursement
- On-site fitness center and/or reimbursed fitness center membership costs (location dependent), with yoga studio, Pelotons, personal training, group exercise classes, as well as Segways and bikes available for use during the day
- Complimentary gourmet coffee, tea, hot chocolate, prepared foods, fresh fruit, and other healthy snacks
Be part of a team of professionals enjoying the opportunity to learn, do, and grow in a rewarding atmosphere.
But don’t just take our word for it –
– see why our team chose to work at and stay at CoStar Group:
We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply.
However, please note that CoStar is not able to provide visa sponsorship for this position.
#LI-SB1
CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing