About The Role:
CBRE AFFORDABLE HOUSING is seeking a highly motivated intern who can assist with financial modeling, analysis, research, and various special projects. Our paid interns gain exposure to the key sales and finance components of the commercial real estate industry, with a focus on multifamily affordable housing properties. The ideal candidate has a passion for the commercial real estate industry and is a motivated hard worker who is client-focused, solution-driven, and dedicated to deliver excellence.
What You'll Do:
- Provide support to the team, including but not limited to analyzing the financial aspects of multiple multifamily housing properties in order to identify and/or analyze lending opportunities and lending risks/mitigants.
- Assist in analyzing financial statements, rent rolls, populating financial models, and articulating conclusions.
- Complete research on the strengths and weaknesses of real estate markets throughout the U.S. where the subject properties are located.
- Identify and interpret inconsistencies and opportunities in the data obtained or received.
- Start financial models for full-time team of Loan Production Analysts, Production Manager and Loan Originators.
- If time permits, conduct research and create clear reports of results for Managing Director, Head of Loan Originators, and/or Production Manager.
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Location: New York City, NY (In Person)
Hours: Can work 20 hours during the school year and may continue into the summer for 5 days and 40 hours per week.
What You'll Need:
- Must be a junior or senior currently in an accredited undergraduate business degree program, preferably in Finance or Accounting.
- Excellent Microsoft Excel skills; solid proficiency with other Microsoft Office Suite programs.
- Previous job experience working in an office setting. Real Estate background and internship experience is a plus.
- Can work 20 hours during school year. Possibility to continue into summer for 5 days and 40 hours per week.
- A passionate, can-do attitude. Highly motivated, intellectually curious. Takes actions to learn quickly.
- Shown aptitude and skills for analyzing data, financial modeling, and reporting. Detail-oriented.
- Excellent interpersonal & written communication skills. Reports status of projects succinctly with suggested next steps.
- Meets deadlines by working independently and with a team.
- Takes ownership of and accountability for effectively prioritizing and completing multiple projects/tasks on time.
- Keeps client and company information confidential.
Why CBRE?
When you join CBRE you will have the support and resources of a global firm where an entrepreneurial mentality is encouraged. You'll realize your potential with exciting work, fast-paced assignments, an environment of constant learning and dedication to results! To enable your success, we provide the best tools, training and leaders in the industry.
Our culture is built on our RISE values and reflects the needs and perspectives of our clients and our people. Our work is guided by our North Star: Crafting the real estate solutions of tomorrow, so businesses and people thrive.
CBRE AFFORDABLE HOUSING is a fully integrated Capital Markets group for multifamily affordable housing that includes investment sales, debt & structured finance, and investment banking all within one self-contained specialty practice. CBRE AFFORDABLE HOUSING is not only the #1 investment sales business in this market specialty, but also one of the largest producers of Fannie Mae and Freddie Mac preservation financing (non-bond).
New York Residents: CBRE carefully considers multiple factors to determine compensation, including a candidate's education, training and experience. The minimum salary for the Intern position is $18.00 per hour and the maximum salary for the Intern position is $20.00 per hour. The compensation that is offered to a successful candidate will depend on the candidate's skills, qualifications, and experience.
Equal Employment Opportunity: CBRE is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.
Candidate Accommodations: CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company's success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).
NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.