Real Estate Acquisitions Intern

Job Description

Applications accepted through 04/30/2024
New York Office (remote work considered)

GAIA Real Estate is a vertically integrated real estate investment firm based in New York City. Founded in 2009, GAIA has owned and operated 19.5k+ residential units, totaling over $3.8 billion in AUM since inception. The firm is a leading operator of residential assets throughout the United States.

GAIA Real Estate is a lean and diverse firm that embraces an entrepreneurial spirit. The Acquisitions Intern will be an integral part of the Acquisitions team - involved in all aspects of underwriting.

Duties & Responsibilities:

• Update cash flow models for multifamily investment opportunities throughout the United States
• Prepare market research and rental competitive analyses using 3^rd party data providers and independent investigation
• Maintain active deal pipeline/database for the acquisitions team
• Assist in the preparation of memoranda detailing investment rationale, market and property performance, execution risks and prospective returns
• Support the team with ad hoc projects

Qualifications:

• Current undergraduate/graduate student
• Outstanding quantitative and financial modeling skills in Microsoft Excel
• Proficiency in English
• Relevant real estate and/or finance experience (experience with US multifamily assets is preferred)
• Excellent time management and communication skills
• Awareness and understanding of project goals and deadlines; ability to develop and monitor specific plans
• Strong work ethic and the ability to work individually or on a team
• Highly organized and detail oriented with the ability to balance multiple projects

Additional Details:

• Application process will include an Excel modeling test
• Paid internship
• Start date: ASAP with potential to extend employment beyond summer break