What are the responsibilities and job description for the Real Estate Analyst Summer Intern position at Bender Companies?
Come join the growing team at Bender Companies!
Bender Companies is an owner-operator specializing in the acquisition and management of value-add multifamily properties. Since its inception in 2011, Bender Companies has established a proven track record of high performing investments through strategic acquisitions, mitigating risk, and effective management.
We are a high growth company that values workplace wellbeing, integrity, and initiative. If you are looking for a company where you can see your impact makes a difference in the company, this may be the place for you.
What We are Looking For:
Bender Companies is seeking a motivated Real Estate Analyst Intern interested in growing within the Real Estate sector. Ideal candidates should be detail-oriented, reliable, and eager to learn. A keen eye for detail and strong analytical skills are essential for conducting tenant and property audits, as well as expense analysis. A commitment to professional development and a desire to contribute to our financial operations are key to success in this role.
Position Overview
As a Real Estate Analyst Intern, you will play a crucial role in ensuring the accuracy, efficiency, and compliance of our multifamily property operations. This is a paid internship offering hands-on experience on the acquisitions side of the business, complete rent comparable studies, learn the basics of underwriting, and assist with Due Diligence. Your responsibilities will span various facets of asset management analysis, including tenant audits, leasing audits, property audits, expense audits, employee audits, market surveys, and lender communication. Our goal is to provide you with experience within both the asset management and acquisitions side of the business during your time with Bender Companies.
Responsibilities:
- Tenant Audits: Conduct thorough Rent Roll audits to verify accurate rents. Monitor tenant security deposits, move-in fees, month-to-month fees, Section-8 payments, and perform facility fee audits.
- Property Audits: Audit investor reports, unit turn boards, and unit renovation trackers. Track property processes against original underwriting standards.
- Expense Audits: Conduct audits of key expense accounts and compare spending across the portfolio to identify overspending.
- Due Diligence: Provide support to Acquisitions team.
- Rent Comps: Perform rent comp studies for acquisitions.
- Underwriting: Assist Acquisitions team with underwriting deals and learn some of the basics.
Qualifications
- Self-motivated, passionate, and intelligent individual with an interest in real estate
- Independent thinker with an entrepreneurial mindset and desire to solve problems and navigate challenges
- Keen eye for detail and ability to multi-task
- Analytical prowess and willingness to learn
- Strong written and oral communication skills
- Basic understanding of Excel
- Have a track record of academic excellence and participation in campus activities
- Ability to work a minimum of 8 weeks during the summer; preferably 10-12 weeks
Background checks will be performed on all qualified applicants.
Equal opportunity employer.