SitusAMC→
Summer Intern at SitusAMC in New York, NY
InternshipOn-siteNew York, NY$52k–$52k/yr
Skills
commercial real estatecommercial real estate financecredit analysisfinancial statement analysiscash flow modelingexcelwordpowerpointbusiness writingproject management
Job Description
Summary: SitusAMC is where the best and most passionate people come to transform our client’s businesses and their own careers. In this role, the new hire will be focusing on the breadth of activities associated with the origination, asset management and surveillance of commercial real estate mortgage warehouse facilities across a multi-billion-dollar portfolio.
Responsibilities:
- Partner with public and private REITs, private equity firms and commercial real estate finance companies providing liquidity to finance the acquisition, refinancing and development of commercial real estate across all asset types
- Review client due diligence packages (including client investment memos, third-party reports, market information, sponsor financials, etc.). Manage re-underwriting of assets and evaluation/approval of credit risk
- Review monthly property level financial statements and rent rolls, as well as leasing, construction, and servicer reports
- Construct Asset Management Reports (AMR’s) and Asset Summary Reports (ASRs), with cash flow models
- Perform credit analysis and diligence activities associated with the origination of new warehouse finance facilities
Required Qualifications:
- Demonstrable interest in real estate
- Coursework, co-curricular activities, or experience in commercial real estate
- Knowledge of commercial real estate finance and performance metrics
- Strong quantitative and analytical skills
- Proficiency in Excel®, Word®, PowerPoint®. Ability to work with large datasets to process and process results
- Highly developed organizational and project/time-management skills with an ability to manage multiple priorities and meet multiple deadlines
- Excellent communication, presentation, and business writing skills under pressure
- A strong commitment to integrity, professionalism, and Hanover's guiding principles
- A demonstrable ability to work both independently and effectively with team members in diverse groups and regions
Required Skills: Commercial Real Estate, Commercial Real Estate Finance, Credit Analysis, Financial Statement Analysis, Cash Flow Modeling, Excel, Word, PowerPoint, Business Writing, Project Management
Benefits: PTO, Paid holidays, Medical, Dental, Vision, Life, Disability insurance, 401K
Benefits
PTO
Paid holidays
Medical
Dental
Vision
Life
Disability insurance
401K