What are the responsibilities and job description for the Acquisitions Intern position at Ginkgo Residential?
Job Details
Description
Ginkgo Residential LLC is an integrated multifamily investment, management and re-development company based in Charlotte, NC. We manage over 7,500 apartment units in more than 50 communities with a geographic footprint that encompasses North and South Carolina.
We are seeking an Acquisitions Summer Intern to join our team from May-August 2022. Consideration will be given to rising juniors, seniors or master’s degree candidates pursuing a degree in Finance or related field. This is a great opportunity for driven individuals to gain meaningful experience in the field of Property Management while working closely with our Acquisitions team. The Acquisitions Intern will be exposed to many aspects of our day-to-day business operations and given the opportunity to play an important role in the future of the company.
Job Responsibilities And Related Duties
Description
Ginkgo Residential LLC is an integrated multifamily investment, management and re-development company based in Charlotte, NC. We manage over 7,500 apartment units in more than 50 communities with a geographic footprint that encompasses North and South Carolina.
We are seeking an Acquisitions Summer Intern to join our team from May-August 2022. Consideration will be given to rising juniors, seniors or master’s degree candidates pursuing a degree in Finance or related field. This is a great opportunity for driven individuals to gain meaningful experience in the field of Property Management while working closely with our Acquisitions team. The Acquisitions Intern will be exposed to many aspects of our day-to-day business operations and given the opportunity to play an important role in the future of the company.
Job Responsibilities And Related Duties
- Perform in depth financial analysis for new acquisitions which include preparing underwriting models
- Prepare narratives relative to potential acquisitions and present them to lenders, brokers, & investors.
- Prepare market and submarket narratives
- Complete market surveys when applicable.
- Track and monitor assets that are up for sale in a defined geographic area.
- Perform site inspections for future acquisitions.
- Perform analysis of individual assets I our existing portfolio.
- Review and analyze property operating statements
- Conduct primary and secondary market research on current assets and future assets.
- A rising junior, senior or Master’s degree candidate pursuing a degree in Real Estate, Finance, Economics, Marketing or related field.
- Ability to accurately understand the scope of assigned projects, goals, and requirements through meetings, note taking and asking questions.
- Knowledge of finance principles and the ability to analyze information.
- Previous work experience with a commercial real estate brokerage is a plus.
- Strong communication skills- interpersonal and written.
- Strong sense of professionalism.
- Organized, self-starter with a positive attitude.
- Strong proficiency in Excel, Word, PowerPoint, and other MS Office products.
- Experience in preparing visual marketing materials is a plus.