2027 Summer Analyst, Affordable Acquisitions

Related•New York, NY
•Onsite

About The Position

The Summer Associate will support the team and be involved in all aspects of affordable real estate acquisitions and development including financial analysis and modeling, site acquisition, due diligence, legal document review and negotiation, and community and resident engagement. The Associate will prepare detailed financial analyses and models including those for transaction underwriting and will provide key takeaways to business units.

Requirements

  • Current undergraduate junior with a target graduation date between December 2027- Spring 2028
  • Excellent quantitative and analytical skills; expertise with excel
  • Exhibits a strong understanding of technical skills and job specific knowledge
  • Demonstrates clear and concise communication skills, both verbally and in writing
  • Self-Starter with a proactive approach to tackling tasks and challenges
  • Ability to navigate ambiguity and adapt to new challenged in a dynamic environment
  • Actively pursuing a bachelor’s degree in Finance, Real Estate Finance or Real Estate Development
  • Resume must include expected graduation month/year and GPA

Nice To Haves

  • A strong passion for real estate development, specifically affordable preservation

Responsibilities

  • Perform financial underwriting analysis and due diligence for new affordable acquisition investment opportunities
  • Prepare tax exempt bond and low-income housing tax credit applications for live deals
  • Track rehab progress on ongoing process
  • Conduct site visits and assist with asset management of existing portfolio
  • Monitor construction costs, budgeting, and the timeline of deliverables

Benefits

  • The hourly compensation for this position is $45
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