Real Estate Intern

About the Role

This internship focuses on underwriting and market research within Asset Management. It offers practical experience through individual projects, speaker sessions, and networking events, with support from mentors and managers. The internship takes place in the Summer.

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 via ARGUS, NPV analyses, and market research.
• Proactively identify opportunities to provide additional analysis and recommendations to add value.
• Lead external appraisal process and complete internal valuations, working with transactions and research departments.
• Support the transition of newly acquired properties from 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.

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.
• 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.

Relevant coursework, internship, or work experience in Real Estate would be beneficial, but isn't essential.

Perks & Benefits

• Flexible hours.

Compensation

• $100,000 per year.