Summer Intern - Analyst (Atlanta) - The RMR Group
Atlanta, GA 30326
About the Job
We are seeking a talented and driven intern for our analyst program. This internship will expose you to the entire real estate investment lifecycle, including acquisitions, financing and capital markets, asset management, and dispositions. As a part of this collaborative and high-performing team, you will have the opportunity to work alongside some of the industry's most accomplished real estate professionals in the RMR Residential business group, and develop the skills necessary to have a successful, long-term career in commercial real estate. If you are analytical, detail-oriented, curious, and a fast learner, we look forward to meeting you. Your primary responsibilities are outlined below:
Responsibilities:Acquisitions/Dispositions
- Create and maintain detailed financial analyses to evaluate prospective investments.
- Perform detailed market research on supply/demand fundamentals, economic trends, comparable sales and lease transactions, etc.
- Assist in the preparation of investment memoranda and presentation materials to investment committee.
- Support deal team to negotiate and close acquisitions and dispositions.
- Participate in front-facing activities vital to the acquisitions and dispositions process, including developing and maintaining broker relationships.
Debt Capital Markets
- Work directly with loan origination professionals, mortgage bankers and prospective borrower clients to evaluate potential debt investments in transitional real estate projects.
- Analysis and financial modeling of property rent rolls, operating statements, and proforma projections related to value-add business plans.
- Perform competitive set and general market research to validate underwriting assumptions.
- Assist in the preparation of loan term sheets, internal investment memoranda, and quarterly loan asset summary reports for asset management.
- Assist in the due diligence and loan closing process which includes reviewing real estate documents such as leases, loan documents, budgets, appraisals, and other third-party reports as necessary.
Asset Management
- Work collaboratively with Asset Managers to optimize the performance and strategy for owned and third-party managed properties.
- Model and underwrite value-enhancing opportunities within the existing portfolio.
- Develop and update strategic business plans by performing market research and financial modeling in Excel.
- Prepare and analyze data for quarterly earnings, board meetings, and budgeting.
- Assist in the preparation of hold/sell analysis and subsequent disposition recommendation memoranda and presentation materials to investment committee.
- Currently a sophomore or junior at an accredited college or university. Finance, accounting, economics, real estate, or related majors preferred. Minimum 3.0 GPA.
- Ability to learn quickly and solve problems within a dynamic environment.
- Exceptional organization, communication, and multi-tasking skills.
- Strong proficiency with Microsoft Office products, especially Excel.
#LI-DNI
Company Overview:The RMR Group (Nasdaq: RMR) is a leading U.S. alternative asset management company, unique for its focus on commercial real estate (CRE) and related businesses. RMR’s vertical integration is strengthened by over 1,100 real estate professionals in more than 30 offices nationwide who manage over $41 billion in assets under management and leverage more than 35 years of institutional experience in buying, selling, financing and operating CRE. RMR benefits from a scalable platform, a deep and experienced management team and a diversity of real estate strategies across its clients. RMR has been recognized by The Boston Globe as a “Top Place to Work”, by the Environmental Protection Agency (EPA) as an “ENERGY STAR Partner of the Year” and ranked by the Building Owners and Managers Association (BOMA) as having one of the highest number of BOMA 360 designated properties in its portfolio. RMR is headquartered in Newton, MA and was founded in 1986.
RMR’s mission is to create long term value for our clients by managing their investments and assets “like we own it” – an approach that consistently and repeatedly generates opportunities for all our employees, investors and stakeholders. We are guided by six core values:
- Integrity at Our Core.
- Perform Passionately and Effectively.
- Inspired Thinking.
- Like We Own It.
- Power of We.
- Mutual Respect.
Visit our website to learn more about what makes The RMR Group a rewarding place to build a career.
Follow RMR on LinkedIn, on Instagram @thermrgroup and on Twitter @The_RMR_Group.
The RMR Group is an equal opportunity employer. Qualified applications will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. For our EEO Policy Statement, please click here. If you’d like more information on your EEO rights under the law, please click here.