Hi all,
I have an upcoming interview with Newmark Knight Frank for an analyst position. They mentioned a 3hr case study and said it’s a DCF model in Excel. I’m not sure what the asset class will be.
Has anyone had a similar experience with Newmark? Any help would be much appreciated, thanks.
| +48 | Being asked to stay behind and train my replacement | 14 | 2d | |
| +36 | New Comp Database - Google Form (Now with Data Validation) | 24 | 11h | |
| +33 | Best CRE brokerage firms | 24 | 14h | |
| +30 | What does REPE actually do? | 12 | 16h | |
| +26 | Starting University LP Fund | 6 | 12h | |
| +24 | Public Homebuilders | 9 | 16h | |
| +23 | Leave brokerage to be GP | 1 | 5h | |
| +22 | REPE/Development GPA | 15 | 1d | |
| +17 | Seeking Career Guidance in Real Estate Development Post-Graduation | 2 | 1h | |
| +17 | MSRE/MSRED with no RE experience; Naive to think I’ll land a job afterwards? | 4 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Would assume that its an office deal with a few tenants - majority of the tests I've had are similar. Have not done one specifically with Newmark though.
Thank you! I was thinking office or multifamily too.
Used to work for Newmark, they didn't have any analysts do a test. Its probably just that office specific.
One thing to note is that Newmark has started outsourcing a lot of analyst work to India. This is part of an overall strategy to cut down on the costs per team. We lost 2 analysts due to this. Just something to consider if you're looking to be there long-term.
Thanks for letting me know. Is this becoming more common?
Yup. Becoming more and more common. Obviously dependent on each team, but they are spending serious investment dollars building out their offices in India. I think Covid accelerated their push faster than they thought. I don't like the direction Newmark is taking. My entire team left and went to CBRE. Newmark is not able to compete effectively in most markets. But again, its total team dependent. Dont know your product type or region, you could be on rainmaker team.
Et molestiae aut aut. Dignissimos est commodi dolores. Animi molestiae recusandae quod et distinctio cum. Sit blanditiis voluptas optio harum. Fuga cum praesentium odit doloremque itaque assumenda necessitatibus reprehenderit.
Nisi voluptas minima perferendis dolorem voluptatem voluptatibus perspiciatis. Ut laboriosam provident autem ratione.
Atque animi ipsa aperiam officia quisquam qui aut. Vitae ullam suscipit reiciendis autem qui omnis dolor. Dolorem cumque rerum odio voluptas. Veniam at in quod impedit ratione. Consequatur consequatur et praesentium neque molestiae harum nihil.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...