LMF - Intern

Lennar•Madison, NY

1d•Onsite

About The Position

Lennar is the largest homebuilder in the United States and is the parent company to LMF Commercial (“LMF”). Having several platforms, LMF Commercial (“LMF”) is responsible for originating commercial real estate loans ranging in size from $2-100 million. LMF securitizes these loans, selling bonds to investors. In 2016 and 2017 LMF ranked as the first in volume as non-lead bank underwriter loan contributors. Over 90% of LMF’s funded loans had initial loan balances under $50 million and approximately 80% of LMF’s funded loans are secured by assets located in non-top 10 MSAs. Interns will be exposed to underwriting commercial real estate as well as the securitization process. Interns will see the securitization process from origination through completion when bonds are sold to investors. LMF Commercial (LMF) is a growing company, and is an excellent opportunity for aspiring professionals to become exposed to Real Estate finance.

Requirements

Advanced proficiency with Excel and other Microsoft Office applications
Excellent analytical and organizational skills along with the ability to multi-task
Highly-developed verbal and written communication skills
Ability to work independently and as part of a team
Proactive thinking with detail-oriented and creative problem solving approach
Highly motivated and proven track-record of high achievement

Nice To Haves

Bachelor's or Master’s degree in real estate, accounting, economics, finance, or other related field preferred

Responsibilities

Assist in underwriting and performing due diligence of potential and new application returned loans
Financial modeling and data analysis
Perform research on various markets throughout the U.S. and communicating with brokers, in these markets
Ad hoc projects as needed