Intern (New Irvine Turner)
WinnCompanies•Newark, NJ
•$18 - $18•Hybrid
About The Position
WinnCompanies is seeking an ambitious Intern to join our team at New Irvine Turner, a 94-unit affordable housing community located in Newark, NJ. In this role, you will have the primary responsibility of working with the VP of Development Asset Management on various analytical projects that assist toward ensuring the effective execution of key residential real estate development performance metrics. This person will also assist in the development accounting of Winn owned development properties from the time of initial offer through the stages of acquisition, construction, cost certification and breakeven.
Requirements
- Currently enrolled in a related graduate field of study.
- 1-3 years of relevant experience in housing, real estate, finance, underwriting, and affordable housing is a plus.
- Hands-on financial modeling and analysis experience.
- Excellent written and verbal communication skills.
- Project and/or personnel management experience with an ability to manage multiple tasks, deadlines, and priorities.
- Super attention to detail, high level of accountability, and an ability to work autonomously.
Responsibilities
- Assist in putting together affordable housing funding applications for local, state or federal agencies for new and existing projects.
- Support assembly of responses for Request for Proposals or Requests for Qualifications for new opportunities.
- Conduct research in the areas of markets, rents, programs, policies, etc. to help plan for or support a project.
- Model various aspects of project financing needs in Excel.
- Attend on-site construction meetings, take notes, photographs, help with monthly funding requisitions, some travel required.
- Prepare presentations such as power points for public or community project presentations.
- Participate in project closing calls with lenders and investors.
- Participate in meetings with development consultants, including design, legal, accounting, compliance, marketing and property management.
- Review development documents such as fair housing documents, marketing plans, acquisition, site control and legal agreements and provide summaries as needed.
- Assist with other real estate development projects and various members of the development team as needed.
Benefits
- Generous time off policies (including 11 paid holidays (12 for MA employees); Generous Accrued Time Off increasing with years of service; Generous paid sick time; Annual day of service; Floating Holiday)
- 401(k) plan options with a company match
- Various Comprehensive Medical, Dental, & Vision plan options
- Flexible Spending Account, Dependent Care Flexible Spending Account, Health Savings Account options with HSA annual employer contribution
- Long Term Disability and voluntary Short Term Disability; Basic Term Life Insurance and AD&D; optional supplemental life insurance
- Health Expense Reimbursement program (including gym memberships, equipment, and subscriptions)
- Tuition Reimbursement program and continuous training and development opportunities
- Wellbeing program (group challenges, seminars, opportunities to earn points to reduce medical premiums), Employee Assistance Program, & Commuter and Parking Reimbursement options
- Employee Corporate Discount Programs
- Flexible and/or Hybrid schedules are available for certain roles
- Employee Relief Program supporting employees with unexpected hardships that place undue financial stress on them and their families
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What This Job Offers
Job Type
Full-time
Career Level
Intern
