Owner‑operator focused on acquiring, renovating and managing value‑add multifamily assets.
Assist with multifamily real estate acquisitions, due diligence, underwriting and audits.
1 months ago ago
Entry-level
Internship
Chicago, IL
Office Full-Time
Company Size
62 Employees
Service Specialisms
Real Estate Investing
Property Management
Asset Management
Project Management
Finance
Operations
Renovations
Sector Specialisms
Commercial
Residential
Role
Description
property audits
expense audits
due diligence
rent comps
underwriting
tenant 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.
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.
Requirements
analytical
entrepreneurial
detail‑oriented
communication
academic excellence
excel
Analytical prowess and willingness to learn
Independent thinker with an entrepreneurial mindset and desire to solve problems and navigate challenges
Keen eye for detail and ability to multi-task
Strong written and oral communication skills
Have a track record of academic excellence and participation in campus activities
Basic understanding of Excel
Benefits
Information not given or found
Training + Development
Information not given or found
Interview process
Information not given or found
Visa Sponsorship
Information not given or found
Security clearance
background checks will be performed on all qualified applicants.
Company
Overview
Founded 2011
Year Established
The company was established in 2011, marking its beginning as a specialist in acquiring undercapitalized multifamily properties.
$5M–$30M
Deal Range
The company typically engages in transactions ranging from $5 million to $30 million, focusing on multifamily properties.
$40K–$100K
Price Per Unit
Properties are acquired at an average price of $40,000 to $100,000 per unit, reflecting mid-range valuations.
65–80% LTV
Debt Structures
The company utilizes debt structures with loan-to-value ratios typically ranging from 65% to 80%
Targets B‑and C‑class multifamily properties from the 1980s–2000s in secondary and tertiary U.S. markets.
Their principals invest personal capital alongside partners and stay involved in asset and property management.
They pursue revenue enhancement and cost reduction via physical upgrades, rebranding, leasing strategies, and tax management.
Projects span single‑asset deals and entire portfolios, often sourced off‑market.
Culture + Values
10–20% equity
Personal Investment
Principals and upper-level staff personally invest a portion of their equity in each transaction, demonstrating a commitment to projects' success.