Construction Intern

Description

• Participates in developing documentation and recommendations on key findings that may affect the return and financial performance of the asset(s).
• Prove peer training for new and existing analyst related to modeling and group reporting requirements.
• Works with internal teams and external parties to implement process improvements that target increased revenue, reduced operating expenses, promote efficiencies, and promote the overall performance of the asset(s). Participate and/or lead evaluation of rent structures and leasing velocity.
• Assists with the preparation of annual level business plans including review of operating budgets, market analysis, real estate tax forecast and disposition strategy.
• Establishes and maintains productive relationships with local market brokers, institutional and equity partners, lenders, regional property management and other key stakeholders, and appropriately manages on-going communications related to development transactions.
• Complete cash needs and distribution analysis as needed.
• Monitors and reports on the status and progress of sales transactions and new product deliveries within the assigned geographic region. Establishes critical timelines and deadlines for tasks and activities related to the proposed transaction and identifies and effectively addresses issues or problems that could otherwise adversely affect closing.
• Organizes and/or leads the disposition process including broker coordination and the due diligence or assets under contract. Performs valuation analysis and develops documentation and recommendations based on key findings that may affect the return and financial performance of the asset(s).
• Collaborates on new investment committee memos, financing or disposition recommendations and updates on existing development assets.
• Coordinates with consultants related to real estate tax protests.
• Conducts financial analysis of multifamily development assets, including the creating of detailed pro-forma and Excel based financial models. Gathers, complies, investigates, and analyzes market data to identify market trends, and prepares narrative memoranda, detailed reports, and market summaries that provide insights on property level and market trends.
• Performs various functions on a regular basis, including the monitoring, reporting and proactive problem solving of the asset(s) within the assigned geographic region.
• Completes various financial, administrative, and other reports and analysis, and performs other duties as assigned or as necessary.
• Provides support and assistance to key business leaders and others by fielding questions and requests and gathering data and reports.
• Take an active role in group special projects including bi-annual portfolio revaluations as well as ad hock reporting requests.

Requirements

• Proficiency in Excel and financial modelling skills.
• Attention to detail and strong creative problem-solving skills.
• Excellent interpersonal and relationship-management skills in order to establish, cultivate, and maintain productive relationships with brokers, institutional and equity partners, owners, lenders, and the variety of potential clients with whom Greystar does business.
• Professional presentation skills and public speaking ability.
• Two or more years of experience in real estate finance.
• A bachelor’s or master’s degree in finance, accounting, business, real estate, economics, or a related field from an accredited institution is preferred.
• Strong organizational, time-management and project management skills to effectively track, report and manage multiple projects and priorities where meeting deadlines is critical.

Benefits

• Competitive Medical, Dental, Vision, and Disability & Life insurance benefits. Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
• Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.
• 6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).
• Charitable giving program and benefits.
• Onsite Property Positions: In addition to the base salary, this role may be eligible to participate in weekly, monthly, and/or quarterly bonus programs.
• Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).
• Benefits offered for full-time employees. For Union and Prevailing Wage roles, compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority.
• For onsite team members, onsite housing discount at Greystar-managed communities are available subject to discount and unit availability.
• Employee Assistance Program.
• Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays. Plus your birthday off after 1 year of service! Additional vacation accrued with tenure.
• 401(k) with Company Match up to 6% of pay after 6 months of service.
• Corporate Positions: In addition to the base salary, this role may be eligible to participate in a quarterly or annual bonus program based on individual and company performance.

Training + Development

Interview process

Visa Sponsorship

Security clearance