• Affordable Housing Acquisitions, Summer Internship Program 2019

    Job Locations US-IL-Chicago
    Job ID
    4582
    Function
    Investments
    Location Name
    350 West Hubbard Street
  • 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

    • Support the Deal Team Leader in all aspects of affordable housing acquisitions, financing, and development.
    • Communication with investors, brokers, property managers, industry consultants, and third parties involved in property valuation.
    • Compilation of due diligence information including financial, market, demographic, site, federal, and state regulatory data.
    • Review and completion of applications and documentation necessary for debt and equity financing, property purchase and sale, government subsidies, and rental contract maintenance.
    • Financial modeling and presentations with a focus on property valuation using a range of capital structures and financing tools unique to affordable housing.
    • Involvement in contract negotiation and review of legal documentation for joint venture and loan agreements, purchase and sale contracts, and ownership structures.
    • Validation and defense of budgets, assumptions, and pro-forma analysis, including the identification of problems inherent to a given project.

    Qualifications

    Our ideal candidate will be a 1st year MBA with the following skills:

     

    • Minimum of 1-2 years of relevant experience in real estate, investment banking, or finance
    • 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

    Not the right job for you?