Real Estate Intern

Role Overview

• Internship focused on underwriting and market research.

Internship Program Highlights

• Gain practical experience through individual projects, speaker sessions, and networking events.
• Receive support from mentors and managers to grow and gain insights into Asset Management.

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 Asset Management/Property Management.
• Lead external appraisal processes and complete internal valuations, collaborating with transactions and research departments.
• Support the transition of newly acquired properties from the Transactions group and the Portfolio / Asset Management group.
• 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

• Argus
• Excel
• DCF underwriting
• NPV analyses
• AI tools

Qualifications

• 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.
• 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 is beneficial but not essential.
• Ability to effectively leverage AI tools to enhance financial analysis, improve reporting efficiency, and generate insights.
• Strong excel and analytical modeling skills.
• Curiosity and a willingness to learn.
• Strong collaboration skills.
• Enthusiasm for using technology and AI-enabled tools to improve outcomes.
• Flexible hours.