Company CBRE
Job Title Economist, Commercial Real Estate
Location Boston, MA
Apply Link http://appclix.postmasterlx.com/track.html?pid=8a96a8aa46e5ec1201471cf983aa5c71&source=realestatelives
JOB DESCRIPTION:Produces forecast and written analysis on commercial real estate markets, while meeting tight deadlines. Uses deep understanding of economic theory to work with databases, econometric modeling and forecasting of complex market relationships. Produces creative, well written and thoughtful leadership articles using excellent presentation skills. Responds to client and management questions regarding the general field of economics and commercial real estate investment.

• Produces forecasts quarterly as part of a team for assigned product type(s), such as Hotel, Office, Industrial, Retail, Multi-housing.

• Provides written analysis explaining market environment and likely outcomes for clients.

• Participates in quarterly client conference calls by presenting forecasts and market analysis for assigned property type(s).

• Writes creative, insightful industry relevant articles, the quality of which establishes CBRE as an industry leader.

• Provides on-going support by phone/email/or in person to clients with questions regarding the economic data and forecast.

• Other duties may be assigned.

• No formal supervisory responsibilities in this position. Provides informal assistance such as technical guidance, and/or training to coworkers. May coordinate and assign tasks to co-workers within a work unit and/or project.

 

 

REQUIREMENTS:

 

• Bachelor’s degree (BA or BS) in economics from four year college or university; master’s degree in economics preferred.

• Two to four years of related experience and/or training. Experience must relate to commercial real estate or econometric forecasting in another industry.

• Excellent written and verbal communication skills.

• Strong organizational and analytical skills.

• Ability to provide efficient, timely, reliable and courteous service to customers.

• Ability to effectively present information.

• Requires knowledge of financial terms and principles.

• Ability to calculate intermediate figures such as percentages, discounts, and/or commissions.

• Conducts basic financial analysis.

• Ability to comprehend, analyze, and interpret documents.

• Ability to solve problems involving several options in situations.

• Requires intermediate analytical and quantitative skills.

• Outside of being excellent applied economists in the field of commercial real estate, economists also need to be adept programmers in database and statistical software environments.

• They need to support and produce the content within EA’s core products.

• Economists also work closely with EA’s programmers in the Software Development group to provide insight and feedback as programmers create and update the many statistical databases.

• Decisions made with understanding of procedures and company policies to achieve set results and deadlines. Responsible for setting own project deadlines.

• Errors in judgment may cause short-term impact to co-workers and supervisor.

• Travel – 10%

 

Company Profile

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue).  The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.

 

Equal Opportunity and Affirmative Action Employer

Women/Minorities/Persons with Disabilities/US Veterans