Real Estate Internship
This is a part time internship (20-30 hours per week) in which this person will be required to work out of our Cottonwood Heights office in Salt Lake City, UT. Our Real Estate Intern gathers and analyzes information needed for possible investments and real estate acquisitions. They will assist in delivering preliminary reviews and interpretations of potential acquisitions and formulate the findings into reporting protocols used by the company. They'll be able to work on a variety of different projects within our real estate department.
Primary Responsibilities :
- Reviews financial statements and prepares preliminary valuation of real estate assets
- Assists in the evaluation of investment returns based on cap rates, discounted cash flows, use of leverage and illustrates trends and possible risks of potential opportunities
- Develops underwriting and modeling for potential market strategic opportunities
- Reviews financial and operational due diligence materials for acquisitions
- Aids with the development of Operations' department budgets for properties under contract and reconciles with original underwriting
- Assists with a variety of ad-hoc projects
Job Specifications :
Interprets general business periodicals, professional journals, technical procedures, or governmental regulationsEffectively presents informationResponds to questions from groups of managers, clients, and customersCalculates figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Applies concepts such as fractions, percentages, ratios, and proportions to practical solutionsProficient with Microsoft Excel, Word, and related software packagesDefines problems, collects data, establish facts, and draw conclusionsSolves practical problems and deals with a variety of concrete variables in situations where only limited standardization existsEducation and Experience :
Attained or currently pursuing a bachelor's degree in real estate, finance, or a closely related fieldWorking Conditions / Physical Demands :
Performs sedentary work in an office environment with limited lifting (less than 10 pounds) or walking requiredClose visual acuity required to perform work at computer terminalNo exposure to adverse environmental conditionsRequires repetitive typing motion, talking, hearing, grasping and feelingDisclaimer : The above information has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.
If you are a current Extra Space employee, please apply through Jobs Hub in Workday. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. Applications Deadline : Applications will be accepted until the position is filled.