Real Estate Intern

Description

SCOPE:

Private equity real estate firm specializing in multifamily assets seeking interns to assist with acquisitions and general asset management. This position is ideal for someone who has a passion for real estate, is willing to work hard, and truly wants to learn about the business. There is enormous growth potential for someone willing to prove himself/herself.

RESPONSIBILITIES:

• Financial modeling of new and existing investments, including maintenance of existing models.
• Performing buy/sell and refinance analyses for existing investments.
• Performing due diligence on new investment opportunities.
• Reviewing and analyzing property budgets vs actual performance and presenting findings to senior management.
• Preparing recommendations for potential capital investments.
• Working with our operations team to bid out services for both repair & maintenance and capital improvements.
• Interfacing with property managers and third parties including lawyers, accountants, partners, architects and consultants.

QUALIFICATIONS:

• Pursuing college degree;
• Above average Excel ability including data analysis;
• Demonstrated team skills;
• Excellent written and oral communication skills;

FLSA CLASS: Non-Exempt

REPORTS TO: Asset Manager

SUPERVISORY RESPONSIBILITIES: None

JOB CATEGORY:

POSITION CLASS:

COMPETENCIES:

• Treats everyone with respect, compassion and kindness Builds internal respect and loyalty with customers. Demonstrates concern for customers. Effectively responds to customer needs. This includes responding timely to requests, listening to others, and seeking to understand others when there are differences of opinion, finding ways to build on each others ideas. Acts with empathy and focus, while able to resolve problems.
• Demonstrate integrity, transparency and doing things the right way Makes lemonade out of lemons. This includes following policies, demonstrating financial responsibility with Lakeshore assets, complying with state and federal law, and practicing safety. Conforms to the highest professional standard. Turns challenges into wins.
• Collaboration and team work Involve key stakeholders in decision making. This includes developing and maintaining positive work relationships. Enhances the level of mutual cooperation. Actively participates in team-oriented objectives and activities. Focuses on team success, over individual.
• Solves problems and is transparent about outcomes Champions new initiatives beyond the scope of the department. Seeks to improve in all aspects of work performance. Creates an environment of continuous improvement and innovation. Encourages people to maintain high standards of quality and thoroughness.
• Serves our employees and residents to improve their lives This includes maintaining the property that creates curb appeal, a welcoming community environment, supports individual and family activities, creates a sense of neighborhood. At work, continually challenges self to grow and develop to be the best you can be at work.

PHYSICAL REQUIREMENTS:

Frequently required to sit; Occasionally required to talk or hear; While performing the duties of this job, the noise level in the work environment is usually moderate; Occasionally required to lift up to 10 pounds.

COMPENSATION: $17.00 - $18.00/Hr (Not benefits eligible) - Internship

LOCATION: Home Office - Skokie

Lakeshore embraces Diversity and Inclusion, and is an equal opportunity employer. Qualified applicants will receive consideration without regard to age, race, color, religion, sex, gender identity, sexual orientation, disability, national origin, or protected veteran status. Applicants are encouraged to confidentially self-identify when applying. Lakeshore is drug-free workplace, for the purpose of workplace safety and health for all therefore, employment is contingent upon successful completion of a detailed pre-employment screening process. The pre-screening includes a national criminal background, drug testing, motor vehicle driving history, employment verification and if applicable a credit check. **No recruiters or agencies without a previously signed contract. Only candidates whose profiles closely match requirements will be contacted during this search.

Job ID: 34649

Salary : $17 - $18