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Berkadia

2026 Rotational Analyst Program (Affordable Housing)

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Berkadia

A commercial real estate services company offering investment sales, finance, and advisory solutions.

Rotational analyst in affordable housing: underwriting, mortgage banking, tax credit syndication.
1 months ago ago
Intermediate (4-7 years), Junior (1-3 years)
Full Time
Philadelphia, PA
Hybrid
Company Size
2,000 Employees
Service Specialisms
Investment Sales
Debt & Equity Placement
Valuation & Advisory
Capital Markets
Asset Management
Real Estate Brokerage
Research & Consulting
Sector Specialisms
Affordable Housing
Hotels & Hospitality
Manufactured Housing
Medical & Life Sciences
Multifamily Housing
Seniors Housing & Healthcare
Single-Family Rental & Build-to-Rent
Student Housing
Role

Description

financial modeling
market research
loan packages
due diligence
deal summaries
site inspections
  • Coordinate with internal and external professionals on project specific analysis and reviews, including, but not limited to multifamily real estate development and operating proformas, tax credit applications, financial statements, construction, environmental reports, and market studies
  • Analyze financial statements, rent rolls, market data, and loan sizing
  • Assist in preparation of offer letters for potential investments
  • Participate in site inspections and collaborate with originators and underwriters
  • Conduct financial modeling
  • Prepare deal summaries for presentation to investors and investment committee
  • Interact with Acquisitions, Developer, Asset Management, Fund Management, and Investor Relations groups as needed to ensure timely, efficient, and thorough delivery of necessary materials in a timely manner
  • Conduct market research and maintain databases
  • Support senior staff in initial review of transactions
  • Support marketing efforts and help identify new business opportunities
  • Support the underwriting process for affordable housing loans
  • Prepare loan packages and assist with due diligence, including third-party reports and compliance reviews
  • Supporting groups and technologies;
  • Facilitate communication with borrowers and third parties throughout the loan process
  • Assist originators in analyzing commercial mortgage deals and preparing loan submissions

Requirements

excel
microsoft office
degree
communication
detail-oriented
multitasking
  • Intermediate or stronger ability in Microsoft Excel;
  • Ability to manage expectations, informing stakeholders of potential delays due to conflicting priorities;
  • Proficiency in Microsoft Office including Outlook, Word, and PowerPoint
  • Interview process includes 3 phases: recruiter phone screen, verbal case study and local team assessment.
  • Spring 2026 Bachelor’s or Master's degree graduate
  • Able to communicate clearly both verbally and in writing with all levels of an organization;
  • Outstanding attention to detail;
  • Strong organizational skills and ability to multitask in a fast-paced environment with competing priorities;
  • Applicants are expected to travel to the Philadelphia or DC local office for their final interview.

Benefits

  • Monthly paid volunteer hours and donation matching to benefit our communities
  • We'll help fund your learning journey, including up to $20,000 a year in tuition reimbursement
  • Up to 12-weeks of fully paid parental leave
  • Pet insurance discounts
  • Employee Resource Groups that help you grow with us
  • Applicants will only be eligible to final interview for one office location.
  • Fertility and family planning services
  • Mental health care, including free counseling sessions:

Training + Development

Information not given or found

Interview process

  • recruiter phone screen
  • verbal case study
  • local team assessment (final interview on-site in philadelphia or dc)

Visa Sponsorship

  • berkadia is not offering visa sponsorship for this position.

Security clearance

Information not given or found
Company

Overview

2009
Year Founded
The company was established in 2009 and has since grown to become a leading player in the commercial real estate sector.
  • Specializing in real estate investment sales, mortgage banking, and advisory services, they have established a strong presence across the U.S.
  • Berkadia's integrated platform brings together experts in finance, operations, and real estate management to deliver results for clients.
  • Notable for their work in multifamily and commercial properties, Berkadia is known for its strategic insights and deep market knowledge.
  • The company has worked on some of the largest real estate transactions and property portfolios in the country.
  • Berkadia's global reach is reflected in their ability to cater to both national and international clients with complex real estate needs.
  • A hallmark of their success is their innovative approach to real estate finance, leveraging cutting-edge technologies and data analytics.
  • From major urban developments to specialized commercial projects, Berkadia's work spans across a diverse range of sectors.

Culture + Values

  • Integrity – We do the right thing, always.
  • Client-Focus – We put our clients’ interests at the heart of everything we do.
  • Teamwork – We collaborate across teams to achieve the best outcomes.
  • Entrepreneurial Spirit – We embrace innovation and take ownership of our work.
  • Excellence – We strive for the highest standards in everything we undertake.

Environment + Sustainability

2040 target
Net-zero Emissions Goal
The company has set a goal to achieve net-zero emissions by 2040, reflecting its commitment to combating climate change.
15% energy reduction
Energy Efficiency Upgrades
Energy use has been reduced by 15% across owned and operated offices through efficiency upgrades.
20% emission reduction
Scope 1 & 2 Emissions Achieved
Annual Scope 1 and 2 emissions have been reduced by 20% over the past three years.
50% renewable energy
Commitment by 2027
The company has committed to sourcing 50% of its electricity from renewable sources by 2027.
  • Reduce business travel emissions by 25% through virtual meeting initiatives.

Inclusion & Diversity

40% Women Leaders
Gender Diversity Target
Aiming for 40% women in leadership roles by 2026.
30% Gender Diversity
Organization-wide Standard
Maintaining at least 30% gender diversity across all departments.
35% Female Leaders
Current Progress
Currently, 35% of leadership positions are held by women as of 2024.
2% Pay Gap
Compensation Equity
Annual reviews confirm a minimal gender pay gap of less than 2%.
  • Offer mentorship programs supporting women and underrepresented employees, with 200+ participants in 2024.
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