What are the responsibilities and job description for the Capital Co-Op - Summer 2025 position at Merus?
CAPITAL CO-OP
Why Merus?
Formerly known as Al. Neyer, Merus combines more than 130 years of commercial real estate expertise with an integrated team of company owners. We specialize in the construction, development, ownership, and management of a diverse portfolio of real estate assets across a growing footprint in the eastern U.S.
We’re all owners here. This not only sets us apart but deeply influences our culture and operations. Every team member demonstrates a deeper sense of ownership and accountability — in both their daily tasks and the collective success of the organization. Learn more about our culture at www.merus1894.com.
Summary of Responsibilities
As a Capital co-op, you will be responsible for providing support in all areas of capital including debt, equity/investor relations, underwriting, and asset management. You’ll participate in a variety of functions within capital that support the real estate development side of our business. Some of these functions include financial analysis & modeling, investor management, loan administration, and database maintenance.
As a co-op at Merus, you’ll apply what you’ve learned in the classroom through your teachings and coursework and apply it directly in a work environment. By the end of semester, with the hands-on experience you’ve acquired, you’ll be able to take those new learnings and harness them back into the classroom. Co-ops work directly along with the business units to help deliver and execute work results that our organization, clients, investors and fellow colleagues can be proud of.
Essential Job Functions:
- Provides support to asset manager in maintaining lease information in the asset management database.
- Assists with loan closings, loan abstracts, and other loan document related support including updating loan schedules and loan tracking reports.
- Helps maintain organization of files, databases and project information.
- Reviews tenant leases for correct calculations of tenant charges, rents & CPI’s.
- Supports budgeting and reforecasting efforts for operating projects.
- Assist with coordinating and organizing documents needed for monthly construction loan draw request packages. Maintains and updates database of our investors.
- Support the debt and investor relations team with preparing requests for proposals and offering memorandums needed for raising debt and equity for real estate developments.
- Assist with transferring and entering inputs into ground-up development proforma models
- Aggregate lease and sale comps from CoStar, appraisals, and broker reports and enter into internal comp database
- Assist with various ad hoc projects, including investor presentations, lender presentations, questionnaires, etc.
Position Requirements
- Pursuing a Bachelor’s Degree in Finance or similar area of business from an accredited College or University.
- Experience with the Microsoft Office Suite (Outlook, Excel, Word, PowerPoint).
What traits are we looking for in our co-ops? Students who are:
- Eager to apply knowledge and teachings learned in the classroom and employ it to a working environment
- Able to maintain ownership on various tasks and responsibilities
- Enthusiastic to dig the details
- Capable of cultivating positive working relationships through trust and integrity
- Able to uphold and provide superior service to both teammates and customers
- Resilient work ethic, but with an ability to stop and celebrate the wins
- Effective communicators and listeners
- Capable of prioritizing tasks and responsibilities to successfully deliver results in a timely manner
- Able to operate and flourish in a fast-paced environment
Safety Hazard of the Job
Normal safety hazards associated with office work, and with occasional observational visits to construction sites.
Physical Demands
The moderate physical effort required to sit, bend, stoop, lift, walk and climb. Maximum unassisted lift is 70 lbs. Average lift is less than 10 lbs. Requires ability to use a keyboard and monitor. Also requires the ability to communicate verbally, both in person and on the telephone. May require some travel by car/truck.
Environmental Requirements
Moderate to extreme outdoor conditions. Above average noise levels. Protective equipment is required. Average inside office environment. Average office noise levels.
No personal protective equipment is required. Ambient temperature is between 68F and 76F.
This job description is not intended to be all-inclusive. The employee will also perform other reasonably related business duties as assigned by their immediate supervisor and other management as required. This job description is not a contract or offer for employment, and either you or Merus may terminate employment at any time for any reason.
