Real Estate Private Equity Summer Internship

Job Description

Springer Capital, LLC

Real Estate Private Equity

Philadelphia, PA

Summer Analyst

10 weeks, June 2023 – August 2023

Overview:

The goal of this Summer Analyst role is to provide exposure to the multifamily real estate business and the basics of real estate operating and investing principles. This role will collaborate with all members of the Acquisitions, Asset Management and Construction/Development teams. This person will be expected to assist in completing daily ad-hoc assignments, as well as long-term projects including but not limited to: assisting with property and portfolio-level financial analysis, conducting market research, assisting with asset management related responsibilities, helping to create and edit pitchbooks and other marketing materials, participating in leasing and management calls, and support of all active construction projects.

Responsibilities:

• Support the Asset Management team in executing property business plans to maximize value at each asset, including review/comparison of annual operating budgets, models and historical deal performance
• Work alongside the Investments team to help underwrite potential acquisition opportunities by performing due diligence, financial analyses, and sensitivity analyses
• Assist in performing a wide range of analyses, including refinancing analyses, valuations, sell/hold analyses, leasing, and other ad hoc analyses
• Gather and synthesize macro and micro economic, demographic and detailed real estate market data
• Work directly with property management on leasing performance, property capex projects, and other items as needed
• Support the Construction Management team in drafting renovation budgets, tracking timelines, project revisions/change orders, and assisting with funding draw requests from Lenders

Qualifications:

• Class of 2024 or 2025 candidates currently pursuing a bachelor’s degree in a related major, with an interest in real estate/private equity
• GPA of 3.0 or above
• Prior internship experience in real estate is preferred but not required
• Ability to prioritize and multi-task in a fast-paced environment
• Excellent organizational skills and attention to detail
• Excellent written and oral communication skills
• Ability to work in person in a full-time capacity for 10 weeks, beginning in June of 2023