Hines Interests — Proprietary Research
Senior Director (Quant Lead) — Boston, MA
December 2023–Present
Director (Quant Lead) — Los Angeles, CA / Boston, MA
December 2018–December 2023
Associate — Boston, MA / Los Angeles, CA
July 2016–December 2018
Analyst — Boston, MA
June 2015–July 2016
- Developed and maintained proprietary rent and price forecasting models, covering over 700 markets globally, and over 6000 submarkets. Forecasting models developed on an ex-ante basis.
- Integrated SQL data warehouse framework for research data, creating Power BI reports for accessing market forecasts.
- Studied the impact of demographics and GIS data on real estate returns at the zip code level. Using advanced SQL queries and matrix regression, created property multivariate regression of NCREIF data.
- Automated querying NCREIF through Excel (VBA), R, and Python.
- Analyzed the impact of drive time reach on industrial real estate around the world, combining GIS demographic data and street network data from multiple data providers. Created heatmaps of drive time reach across Europe, United States, and Australia.
- Studied the impact of school quality ratings on multi-family real estate rent growth, vacancy and demand growth.
- Determined drivers of out-performance of Senior Housing real estate, at the market and property level.
- Worked extensively with data from many real estate data providers, including NCREIF, Costar, CBRE EA/ERIX, JLL, PMA. Also worked with data from economic data providers such as ESRI, Oxford Economics, CEIC, and Moody's Economy.
- Automated data processing, forecasting, and reporting in R, Python, and VBA.
- Built Machine-Learning models of submarket level data combining demographics and real estate data to score long-term growth potential of submarkets in each property sector.
- Created risk scoring framework, measuring a variety of risk factors facing a specific real estate market, and scoring that risk relative to other markets and that market's own history.
- Presented research to Senior Management, local investment teams, and third-party partners.
- Managed Research quantitative team analysts and associates.