Asset Management and Investment Intern

Stark Enterprises•Cleveland, OH

2d•Hybrid

About The Position

The Summer Intern Asset Management and Investment Intern supports the investments and asset management teams by gaining hands-on experience in analyzing potential multifamily land acquisitions, assisting with portfolio oversight, and shadowing key team members. This role provides exposure to deal sourcing, financial modeling, market research, and investment decision-making, while also learning about property management, asset performance, and operational best practices.

Requirements

Pursuing a Bachelors degree in Finance, Real Estate, Economics, or a related field.
Interest in real estate investment, acquisitions, and property management.
Proficiency in Microsoft Excel; experience with financial modeling a plus.
Strong analytical, organizational, and problem-solving skills.
Familiarity with real estate databases (e.g., CoStar, Yardi, Argus) preferred.
Excellent written and verbal communication abilities.
Ability to manage multiple priorities and meet deadlines.
Collaborative, self-motivated, and eager to learn.
Ability to sit for extended periods at a desk and work on a computer.
Occasional walking of potential land acquisition sites, which may include uneven terrain.
Occasional travel will be required.

Nice To Haves

Experience with financial modeling
Familiarity with real estate databases (e.g., CoStar, Yardi, Argus)

Responsibilities

Assist in sourcing potential development land by networking with brokers, landowners, and other stakeholders.
Help create and maintain lists of target development parcels in designated markets.
Monitor market activity, regional economic trends, and comparable transactions to support acquisition analysis.
Maintain an organized pipeline of active, prospective, and closed land deals.
Assist in supporting evaluation of potential multifamily deals through financial analysis, including cash flow projections and scenario modeling.
Assist in preliminary underwriting and investment feasibility assessments.
Conduct research on market demographics, rental trends, zoning, property valuations, and other relevant metrics.
Assist in supporting the land acquisition due diligence process, including coordination with internal and external stakeholders.
Identify potential risks and assist with mitigation strategies.
Shadow the asset management team to gain insight into property operations, performance tracking, and investor reporting.
Assist in monitoring portfolio metrics, including occupancy, rent collections, and operating expenses.
Participate in asset review meetings, observing how strategic decisions are made to enhance property performance.
Support preparation of materials for internal reporting and presentations.
Draft summaries, site overviews, and presentation materials for leadership review.
Collaborate across investments, legal, development, and asset management teams to understand the full acquisition and management process.
Stay informed on industry standards, real estate valuation methods, and emerging multifamily development trends.
Complete internship project.
Complete additional duties and responsibilities as assigned by the supervisor.