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Asset Management Intern

Salary
Competitive
Employment
Internship
Work Place
Remote
Real Estate Field
Location
GA
Country
United States

This job is no longer active.

Description


Asset Management Intern – ECI Group:

 

ECI Group is a privately held and fully integrated real estate organization which, for more than half a century, has garnered a reputation as an industry leader in multi-family housing. During this time, ECI has built operational efficiencies within our core competencies of development, acquisition, construction, property management and asset management. ECI owns and operates a portfolio of approximately 7,500 multifamily units. Our portfolio holdings consist of market rate multi-family communities, including garden, mid-rise, and high-rise assets located in our target markets of Florida, Georgia, South Carolina, Virginia, Tennessee, Louisiana, and Texas.

The Intern role at ECI is a unique opportunity to launch a career in this sector, offering an amazing training ground that includes working directly with the firm’s leadership and other industry leaders, development of core financial and analytical skills, and an opportunity to make an impact early in your career. We are currently seeking a part-time (and paid) Multifamily Asset Management Intern to join our team (remotely). This is a rare opportunity to join a high-performing real estate development firm. All candidates who’d like to be considered for this position should reach out to Camille Harry.

Asset Management Intern Responsibilities:

  • Reviews, monitors, and reports on the performance of a portfolio of multifamily assets against budget and investment proforma by analyzing monthly financial statements, leasing reports, market data, and various operating reports.
  • Assists with developing and reviewing annual capital and operating budgets.
  • Researches variances.
  • Prepares reports for investment principals, debt and equity partners.
  • Monitors investment performance and returns.  Forecasts asset performance relative to debt/equity hurdles as well as underwritten return parameters.
  • Gathers, compiles, and analyzes market, economic and capital trends as well as other factors impacting portfolio and asset performance.
  • Reviews and monitors the progress of capital projects to determine if projects are occurring on-time and on-budget. Analyze ROI, including rent premiums attained from capital initiatives.
  • Analyzes effectiveness of revenue-enhancing and expense-containing initiatives at the property and portfolio levels.
  • Completes various other ad hoc analysis related to operational and financial metrics as assigned.
  • Identifies opportunities and areas for improvement and offers suggestions and as appropriate implements procedures, processes, or tools the improve efficiency and productivity.
  • Interns are not required to work in an office environment, this is a remote internship program.
  • Performs all other duties as assigned or as necessary.

Asset Management Intern Skills:

  • Demonstrates ability to read, write, and communicate effectively to prepare and explain financial data to business leaders and managers, team members, clients, investors, executives, and other business contacts.
  • Demonstrates moderate level of proficiency in Excel.
  • Ideal candidate will have experience in the multifamily real estate industry and basic understanding of property-level operations, marketing, and asset management.
  • Education and/or employment history that demonstrates a financial background sufficient to analyze financial data and prepare reports in accordance with accounting, finance, budgeting and cost control principles.
  • Students working toward a college degree in real estate, finance or business are preferred.
 

Job Sectors


 

Experience


Less than 1 year


This job is no longer active.

Asset / Portfolio Management Retail Remote Internship GA Asset Management, Development, Finance Portfolio Management Analyst other