Senior Real Estate Investment Analyst

Founded in 1971, Marcus & Millichap (NYSE: MMI) is a leading commercial real estate brokerage firm focusing exclusively on investment sales, financing, research, and advisory services, with nearly 1,700 investment sales and financing professionals in 80+ offices throughout the United States and Canada.Our mission is to help our clients create and preserve wealth by providing the best real estate investment sales, financing, research, and advisory services available.Marcus & Millichap, Inc. is a leading national real estate services firm specializing in commercial real estate investment sales, financing services, research and advisory services. As of December 31, 2025, the Company had 1,808 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The Company also offers market research, consulting and advisory, and leasing services to its clients. Marcus & Millichap, Inc. closed 8,818 transactions in 2025, with a sales volume of $50.8 billion.This is an opportunity to join an award-winning senior investment sales team with significant opportunities for growth within one of the nation's largest commercial real estate investment brokerages. This role will support one of the firm's top-producing teams, delivering institutional-caliber investment analysis and valuations for high-profile commercial real estate assets.This role offers a unique opportunity to work directly with senior leadership on complex real estate investment opportunities and sophisticated financial modeling in one of the most competitive commercial real estate markets in the country. The Senior Real Estate Investment Analyst will lead financial analysis and underwriting for the team's active deal pipeline across a wide range of commercial real estate investment opportunities and will be responsible for producing institutional-quality financial models and valuation analyses that support pricing strategy, client advisory, marketing initiatives, and high-value transaction execution.Why join our teamWork on high-profile commercial real estate opportunities across Southern CaliforniaDirect exposure to sophisticated private investors, family offices, and institutional capitalJoin one of Marcus & Millichap's top-producing investment sales teamsHighly entrepreneurial, performance-driven environment with significant opportunity for professional growthCompetitive compensation and performance-based incentivesThe base salary range for this role is $38.46 - $53.00 per hour. Actual pay will be determined by factors such as education, experience, and job-related skills relevant to the role. Marcus & Millichap is a multi-state employer and posted salary ranges are provided in good faith for compliance with all relevant pay-transparency regulations. These ranges may not reflect potential compensation for positions based in other states or regions. This position is eligible for a discretionary performance‐based bonus. The exact bonus amount is not guaranteed and will vary based on individual performance, team results, and company performance.Marcus & Millichap offers a comprehensive benefits package designed to support employees' health, well-being, and financial security. Eligible employees may have access to the following benefits, subject to the terms of applicable benefit plans:Health, dental, and vision insurancePaid time off and paid holidays401(k) retirement plan with employer matching contributionsLife and disability insuranceEmployee Assistance Program (EAP) and wellness resourcesBenefits eligibility, coverage, and employer contributions may vary based on position, employment status (full-time or part-time), location, and length of service. This summary is provided for informational purposes only and does not constitute a guarantee of benefits. Additional details will be provided during the hiring process or upon requestResponsibilitiesLead financial underwriting and investment analysis across all properties within the team's deal pipeline, including cash flow modeling, IRR analysis, cap rate analysis, comparable sales analysis, owner-user analysis, land residual analysis, and sensitivity analysis.Review and analyze property financial statements, leases, and supporting documentation to determine appropriate underwriting assumptions, modeling approach, scope of analysis, and timing of financial deliverables.Build and maintain sophisticated financial models for single and multi-tenant retail, office, mixed-use, and redevelopment opportunities.Analyze comparable sales, lease data, market trends, and pricing dynamics across Southern California to support valuation and underwriting assumptions.Organize and present analytical findings, draw objective conclusions, and recommend appropriate modeling parameters and assumptions.Prepare investment memorandums, marketing copy, financial analyses, and investor presentation materials.Maintain underwriting consistency and quality control across all financial deliverables.Qualification:3-7+ years of experience in commercial real estate financial analysisAdvanced proficiency in Excel financial modeling, Argus, and CoStarStrong understanding of real estate valuation metrics, including IRR, NPV, cap rates, and DSCRExperience analyzing retail, office, mixed-use, and land development opportunitiesAbility to interpret property financial statements, leases, and market data to support investment underwriting and valuation analysisExceptional attention to detail with the ability to manage multiple assignments and deadlines simultaneouslyStrong communication, writing, and presentation skillsAbility to work under tight deadlines and complete projects on time with accuracyStrong understanding of zoning regulations and municipal ordinances to support financial modeling for development sites and detailed land residual analysisSelf-motivated, team-oriented and capable of handling several tasks simultaneously.$38.46 - $53 an hourThe base salary range for this role is $38.46 - $53.00 per hour. Actual pay will be determined by factors such as education, experience, and job-related skills relevant to the role. Marcus & Millichap is a multi-state employer and posted salary ranges are provided in good faith for compliance with all relevant pay-transparency regulations. These ranges may not reflect potential compensation for positions based in other states or regions. This position is eligible for a discretionary performance‐based bonus. The exact bonus amount is not guaranteed and will vary based on individual performance, team results, and company performance.We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.