Real Estate Intern
TechMore
Role Overview
- Internship focusing on underwriting and market research.
- Opportunity to gain practical experience through individual projects, speaker sessions, and networking events.
- Supported by mentors and managers to foster growth and provide insights into Asset Management.
Program Highlights
- Organized and disciplined with a sense of urgency.
- Ability to manage multiple priorities in a fast-paced environment.
- Attention to accuracy and detail.
- Genuine interest in contributing to a strong, positive, and collaborative team culture.
Key Responsibilities
- Compile DCF underwriting in Argus and Excel for multi-year planning, hold-sell decisions, financings, leasing, and value-add strategies.
- Prepare Investment Committee presentations for financings, leasing, and dispositions.
- Analyze leasing opportunities and sensitivities using ARGUS, NPV analyses, and market research.
- Proactively identify opportunities to provide additional analysis and recommendations to add value to respective AM/PM.
- Lead external appraisal process and complete internal valuations, collaborating with in-house departments, including transactions and research.
- Support the transition of newly acquired properties from the Transactions and Portfolio / Asset Management groups.
- Develop in-house tools for commercial and residential assets to increase efficiency.
- Review Asset Management reports to confirm NRA, occupancy, carrying value, and net operating income.
- Prepare annual property business plans and review quarterly reporting.
- Prepare Annual Investment Plans and develop Hold/Sell or MAP Recommendations.
Requirements & Tech Stack
- Strong Excel and analytical modeling skills.
- Ability to effectively leverage AI tools to enhance financial analysis, improve reporting efficiency, and generate insights.
- Enthusiasm for using technology and AI-enabled tools to improve outcomes.
Qualifications
- Proactive, coachable, accountable, and personable.
- Strong work ethic, intellectual curiosity, and critical thinking abilities.
- Effective communicator with strong social/relationship building skills.
- Ability to work as part of a team and independently.
- Relevant coursework, internship, or work experience in Real Estate would be beneficial, but isn’t essential.
- Curiosity and a willingness to learn.
- Strong collaboration skills.
Perks & Benefits
- Flexible hours.
Compensation
- $100,000 per year.