• Debt Fund, Summer Internship Program 2019

    Job Locations US-NY-New York
    Job ID
    4228
    Function
    Investments
    Location Name
    60 Columbus Circle
  • Overview

    At Related, our 10-week summer internship offer students hands-on experience and a chance to work on challenging projects with some of the best minds in the business. The Related Internship Program not only places you within a specific project area, but also provides tours of our portfolio, and exposes you to our multi-faceted lines of business through an outstanding executive speaker series.

    This is an excellent opportunity for you to develop valuable contacts and obtain the type of hands-on experience that will benefit you as you make important career choices.

    Responsibilities

    Related Real Estate Debt Strategies (“RREDS”) seeks to hire an Analyst for its high yield debt investment platform, a joint venture with HPS Investment Partners, a global credit and private investment firm. Together, RREDS and Highbridge have invested $1.4 billion with a focus on real estate debt, specifically gap financing for transitional real estate projects across the U.S. and Western Europe. The venture targets investment opportunities in gateway cities and select secondary markets which demonstrate strong supply/demand characteristics.

    The Summer Intern will be responsible for the financial analysis and execution of all new and existing debt investments. She/he will report to senior management and be based in New York, NY.

    Company Overview

     

    Related Real Estate Debt Strategies, the high yield platform of Related Fund Management (“RFM”), originates and invests in performing and nonperforming mortgages, mezzanine loans, and “debt-like” preferred equity investments, including construction loans, secured by commercial real estate assets. The platform is staffed by a group of investment professionals in New York and California.

    Related Fund Management is an SEC-registered investment advisor that manages, as of September 2016, approximately $3.3 billion of capital across various real estate investment strategies on behalf of institutional investors. RFM is an active provider of debt and equity financing for real estate projects both domestically and internationally.

    Related Companies is a fully-integrated real estate company with expertise in development, acquisitions, management, finance, marketing, and sales. The firm holds a premier portfolio of high quality assets owned, managed, and under construction valued at over $50 billion. Its operating portfolio includes 27 luxury rental buildings with approximately 11,000 units, over 23 million square feet of commercial properties, 4,500 luxury condominiums, and approximately 50,000 affordable housing apartments located throughout the United States.

    Responsibilities

     

    • The Interm will focus on supporting all aspects of loan originations and portfolio management.
    • Underwrite new potential investments.
    • Author comprehensive investment committee memos outlining investment rationale, deal returns, and key execution risks.
    • Prepare financial and quarterly reports for senior management, investors, and/or rating agencies.
    • Support the due diligence and closing of new transactions.

    Qualifications

    Our ideal candidate will be a rising senior with the following skills:

     

    • Degree in Business, Finance or relevant field 
    • Must have a GPA of 3.5 or above
    • Minimum of 1-2 summers of relevant experience in real estate, investment banking, or finance
    • Understanding of real estate credit
    • Strong quantitative, analytical, and modeling skills are required
    • Excellent communication skills, both written and verbal
    • Knowledge of mechanical, electrical systems
    • A highly entrepreneurial, self-motivated and results-oriented individual
    • Knowledge of Microsoft Office Suite (Excel, Word, PowerPoint)
    • Keen Attention to Detail
    • High Energy; Possessed with Drive
    • Strong Organizational Skills
    • Excellent professional demeanor with the ability to work with a wide range of levels of management
    • A strong passion for Real Estate Development

    Related Companies is an equal opportunity employer.

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