Commercial Real Estate Underwriting Intern

SimpleCiti CompaniesGarden City, NY

About The Position

SimpleCITI Companies is hiring a Real Estate Underwriting Intern to support acquisitions and investment decisions across our portfolio. The role will be primarily focused on industrial and multifamily real estate, evaluating a steady flow of off-market and marketed opportunities that align with our buy box. The ideal candidate is analytical, fast-moving, and confident underwriting CRE assets.

Requirements

  • 2+ years of experience in real estate underwriting or acquisitions
  • Strong financial modeling and Excel skills
  • Understanding of industrial lease structures, NOI, cap rates, and valuation
  • Detail-oriented, efficient, and responsive to high-volume deal flow

Nice To Haves

  • Familiarity with Claude in Excel
  • Familiarity with CoStar, Yardi, or RealNex
  • Exposure to off-market deal sourcing or industrial brokerage

Responsibilities

  • Underwrite industrial and multifamily real estate deals using Excel and internal tools
  • Analyze rent rolls, lease terms, expenses, and market comps
  • Evaluate off-market and brokered opportunities for acquisition fit
  • Summarize key deal assumptions and risks for internal review
  • Maintain an organized and up-to-date underwriting pipeline
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