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Novogradac

Audits and advises projects funded by tax credits

Real Estate Analyst Intern

Appraisal & ValuationConfirmed live in the last 24 hours
Internship · Winter 2026Bethesda, MD, USA$18 - $20 /hr

About the Job

Requirements

  • In process of earning a bachelor's degree in a related area.
  • Be comfortable conducting telephone interviews and synthesizing information in written narrative form.
  • Demonstrate strong analytical skills, including the ability to gather information, conduct analyses, and present findings.
  • Have solid organizational and follow-through skills, performing work accurately with strong attention to detail.
  • Be able to meet deadlines and effectively prioritize a fast-paced and varied workload with concurrent and shifting priorities.
  • Have strong computer skills, including solid proficiency in the Microsoft Office suite, preferably with advanced Excel skills.
  • Be available for domestic travel as needed, including the ability to drive or travel by air, rail, or other transportation methods to reach designated sites for in-person visits.

Responsibilities

  • Conduct basic economic and locational research regarding market areas through telephone interviews and internet resources.
  • Perform apartment property interviews, screenings, market analysis, comparable property surveys, and demand analysis.
  • Conduct phone interviews with local housing authorities, planners, senior centers, and chambers of commerce to identify problems and understand market demand.
  • Interview apartment property managers of market-rate, low-income housing tax credit, and subsidized apartment properties to gather property-specific information and general market conditions.
  • Gather information on new multifamily developments by speaking to developers and searching newspapers and the internet; identify subsidized, tax-credit, and market-rate comparables.
  • Request information from appraisers and brokers on existing multifamily and land-sale comparables.
  • Analyze market-area demographic information and economic trends, including employment, average wages, median incomes, and their relationship to affordable-housing demand.
  • Assist in writing market studies and appraisals of proposed and existing real estate developments.
  • Analyze the general housing market by comparing renting and buying a home, reviewing building construction, and evaluating apartment market studies from other sources.
  • Quantify excluded properties in the market area.
  • Perform occasional administrative tasks, such as filing.
  • Assist with other duties, projects, or partner requests as assigned.

Desired Qualifications

  • Experience in real estate research, multifamily market analysis, or commercial appraisal.
  • Advanced skill in Microsoft Excel.

About the Company

Novogradac

Audits and advises projects funded by tax credits

Novogradac provides accounting, tax, valuation and consulting services for businesses and projects financed with tax credits and other incentives. Developers, investors, nonprofits and public agencies pay fees for audits, partnership tax returns, financial forecasts and advice on structuring investments. The firm also prepares tax credit applications and cost certifications, while its valuation specialists produce market studies, feasibility analyses and appraisals. Its work covers affordable housing, community development, historic preservation, renewable energy and opportunity zones, where investment incentives help finance projects. Founded in 1989, Novogradac is headquartered in San Francisco, California.

Company size
501-1,000
Company stage
Not listed
Total funding
Not listed
Headquarters
San Francisco, CA
Founded
1989

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