Investments Intern

April Housing•Los Angeles, CA

5d•$25 - $30

About The Position

April Housing is a leading owner and operator of high-quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles, April Housing is the asset management business that oversees Blackstone's affordable housing and LIHTC portfolio. April Housing seeks to preserve critical affordable housing stock while providing best in class management and high-quality housing. April is committed to being a fair, transparent, and responsible owner. April Housing’s long-term commitment to owning affordable housing is supported by Blackstone Funds, predominantly BREIT, a non-listed REIT. This perpetual capital vehicle provides April with a patient and flexible source of capital and plays a critical role in enabling the creation and preservation of more affordable housing. In addition to managing a growing portfolio, April Housing will ensure assets in the existing portfolio remain affordable and in compliance with all rent regulations while making significant improvements and aligning the operations with April Housing's Standards of Excellence in Residential Operations. In its pursuit of excellence, April Housing is looking for individuals who share in its mission to provide high-quality housing to affordable residents. As of the date on which this job advertisement is posted, the Company anticipates that the base hourly range for this role is $25/per hour (undergrad) - $30/per hour (rising senior).

Requirements

Interest in exploring or continuing a career in affordable housing.
Pursuing a degree in accounting, finance, real estate, economics, or business with a finance/accounting concentration.
Working knowledge of the Microsoft Office suite; advanced knowledge of MS Excel preferred.
Excellent organizational skills and attention to detail.
Outstanding analytical and problem-solving skills.
A naturally collaborative nature with good communication and interpersonal skills.

Responsibilities

Supporting analyses that drive investment decisions on acquisitions, dispositions, and preservation efforts.
Supporting initial underwriting efforts of properties in conjunction with capital transactions.
Preparing investment reports and memorandums to gain approval for projects in the investment pipeline.
Assisting with internal status updates and other reporting to key stakeholders at April and Blackstone.
Tracking deal progress during the marketing, due diligence, and closing phases of a transaction.
Researching specific investment terms and data points to streamline the transaction process.
Researching and summarizing the latest investment trends in the affordable housing market.