Summer Internship Program: Rialto is a fully integrated real estate investment management and asset management company with a dedicated special servicer. Rialto invests and manages assets throughout the real estate capital structure in real estate properties, loans and securities. Our mission is to create long term value for our investors and sustains results across market cycles. Rialto is headquartered in Miami, FL and has professionals operating from 12 locations throughout the United States. Basic Qualifications: Current undergraduate Junior, first year MBA student, graduate student, or 1L/2L in law school Passion for real estate Highly analytical and collaborative Strong work ethic and organizational abilities Proficiency in Excel Excellent oral and written communication skills Ability to relocate to Miami, FL for the summer Program Features: 10-week program commencing June 2023 Located in Miami, FL Real estate industry experience Asset Management Departments: CMBS Performing Loans: Evaluate various real estate transactions including leasing matters, property sales, property management changes, hotel franchise agreements, etc. An intern in this group will be responsible for performing both qualitative and quantitative analyses as documented in written memoranda and verbal presentations to the team’s approval committee. CMBS Loan Workout: Recommend resolution strategies for all non-performing loans (monetary and non-monetary defaults) that transfer into special servicing. Resolution strategies include but are not limited to loan modification, loan extension, forbearance, foreclosure, reinstatement, etc. An intern in this group will perform both qualitative and quantitative analyses on the loan & underlying real estate collateral, in order to ultimately recommend the course of action that will yield the greatest recovery on a net present value basis. Real Estate Asset Management: Oversee daily property operations, coordinate and negotiate leasing efforts, complete property improvements and ultimately liquidate assets owned by Rialto or its subsidiaries. An intern in this group will analyze real estate assets in order to determine optimal holding period strategy, terminal valuation and timing of asset disposition. Collateral Surveillance: Monitor risk factors associated with Rialto’s CMBS bond investments. Lead annual RE-Underwriting initiative of CMBS loans. An intern in this group will help the team prepare pool summaries for senior executives, underwrite loans, conduct micro & macro level market research, identify and proactively mitigate potential market risk factors in the CMBS portfolio, and evaluate cash flow projections of CMBS loans against underwriting. While performing the duties of this job, the Associate is occasionally required to stand; walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop. The Associate must occasionally lift and/or move up to 25 pounds. Evening or weekend work may be necessary to meet deadlines. This description outlines the basic tasks and requirements for the position noted. It is not a comprehensive listing of all job duties. Rialto Capital is committed to the principles of Equal Employment Opportunity. Our policy is to provide equal employment opportunity to all applicants and Associates without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity or expression, national origin, age (40 ), disability, veteran status, genetic information (including family medical history), or any other legally protected status. Our company uses E-Verify to confirm the employment eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities please visit: e-verify.gov. Rialto Capital is an integrated investment management and asset management platform, with a dedicated special servicer. Our mission is to be a world-class, industry leading organization that creates long term value for our investors and sustains results across market cycles. Our team of over 260 associates throughout the United States and Europe is guided by our commitment to a culture of social responsibility, inclusion & diversity, and responsible investing. Rialto Capital has made a commitment to create a high-performance culture driven by an entrepreneurial spirit and an absolute commitment to integrity, respect, inclusion and giving back to the communities in which we work and live. We have focused our vision on becoming a real estate investment, asset management, servicing and finance company most admired for its people, capabilities and performance. We are always looking for Talent within our Investment Management team. Please click on the Get Started button below to upload your resume and tell us a bit about yourself.