Underwriting Summer '23 Internship

Job Description

Overview:

The intern will be exposed to the manner in which commercial and multi-family investments are sourced, underwritten, investigated, and closed, as well as how they are managed from a high-level during their operations.   They will be exposed to the acquisitions, development, asset management and capital markets side of private equity real estate.  Through supporting the various teams within the organization, the candidate will have the opportunity to apply knowledge and skills learned in school, while acquiring valuable real-world experience.  The assignment will last up to 12 weeks, beginning at the end of the semester and ending prior Fall semester. 

Key Responsibilities/Duties:

• Perform the initial load of prospective deal underwriting into CBC financial models that will then be maintained by the intern
• Participate in conversations with market participants to refine the underwriting of prospective investment opportunities
• Assist in the process of ushering prospective investments through CBC’s investment committee process
• Performa market research evaluating macro market trends, individual market dynamics, and property specific comparables.
• Assist in analysis, drafting, and execution of business plans across the portfolio and for new acquisitions. 
• Assist in debt term analysis for potential projects.
• Assist in the creation of screening and investment Committee packages
• Other duties as assigned

Work Experience/Knowledge:

• Strong Excel user
• Ability to quickly process large quantities of data into succinct financial models.
• Detail oriented and exceptional organizational skills a must
• Strong research skills required
• Experience in multifamily is preferred.

Skills/Other Personal Attributes Required:

• Strong communication skills, both verbal and written
• Demonstrated ability to lead team in high-growth, entrepreneurial, fast-changing environment
• Hard-working self-starter who seeks out responsibility
• A lifelong desire for constant learning, personal development and growth
• Highest standards for personal morality and ethics
• Extremely high level of integrity, dependability, professionalism, accountability and individuality.  Takes ownership of tasks and pride in work product.

Education Level:

• Attainment of a graduate degree in a business/real estate/investment field is in process or completed

About The Clear Blue Company:

The Clear Blue Company is a real estate private equity firm with over $550M AUM based in Nashville, Tennessee.  The Company has purchased over 4,000 units in the Southeast in the last four years, driving above market returns for our partners.  Our approach is guided by our mission: to provide safe, affordable, and sustainable housing while creating stable returns for our partners.  We believe with our clear specialty in the market we can serve both constituencies, resident and investor, to the betterment of all involved.