Summer Internship

Summer Internship – Loan Processing & Underwriting

Limekiln Real Estate
Location: New York, NY (Full-Time, In-Office)
Duration: 8 Weeks (with potential extension if mutually agreed upon)
Hours: 40–50 per week

About Limekiln Real Estate

Limekiln Real Estate is a New York–based mortgage lender specializing in floating and fixed-rate multifamily loans across the United States. Our platform is growing quickly, and we pride ourselves on combining institutional-quality underwriting with the agility of a start-up. We work closely with sponsors, brokers, and capital markets partners to deliver flexible financing solutions for multifamily real estate assets.

Position Overview

We are seeking highly motivated summer interns (rising college juniors or seniors) to support the firm’s loan processing and underwriting functions. Interns will work closely with the underwriting team on live transactions, pipeline management, and borrower/sponsor diligence. In addition, interns may assist with ad-hoc projects for other business units, including capital markets and corporate initiatives.

This role is ideal for students with strong analytical ability, attention to detail, and genuine interest in commercial real estate credit.

Interns will report directly to Andrew Marra, Chief Operating Officer.

Key Responsibilities

Underwriting & Transaction Support

• Assist in the review and analysis of multifamily loan opportunities.
• Support underwriting workflows, including financial modeling, rent roll analysis, and property-level due diligence.
• Prepare and maintain transaction files, underwriting checklists, and supporting documentation.
• Analyze borrower historicals, operating statements, and expense trends to support cash flow underwriting.

Loan Processing & Diligence

• Work with the processing team to collect, organize, and evaluate borrower and property documents.
• Help track third-party reports and conditions precedent throughout the loan process.
• Support data entry, accuracy checks, and internal reporting related to the loan pipeline.

Research & Market Analysis

• Conduct market research using tools such as CoStar or Trepp (experience preferred but not required).
• Benchmark rents, expenses, and sales/financing comps to support underwriting assumptions.
• Summarize market-level trends for internal use.

Cross-Functional Support

• Partner with operations and finance, capital markets, and other internal groups on special projects, data initiatives, and presentations as capacity allows.
• Assist with internal process improvement or reporting enhancements.

What You’ll Gain

• Hands-on experience underwriting and processing real estate bridge loans.
• Exposure to capital markets and credit decision-making in a growing lending platform.
• Insight into multifamily investment fundamentals and transitional asset strategies.
• Mentorship from senior team members and visibility into organizational decision-making.

Qualifications

Education

• Rising college seniors preferred.
• Majors in Real Estate or Finance are ideal.
• Applied math, statistics, economics or related majors are welcome if coupled with real estate or finance coursework.

Technical & Analytical Competencies

• Strong quantitative skills and the ability to analyze financial information accurately.
• Advanced Excel skills preferred (modeling, functions, data manipulation).
• Experience with CoStar or Trepp is a plus, but not required.
• Ability to manage data, validate inputs, and maintain organized documentation.

Soft Skills & Personal Attributes

• Strong written communication skills.
• High attention to detail and commitment to accuracy.
• Ability to work in a fast-paced, entrepreneurial environment while maintaining professionalism.
• Intellectual curiosity and a genuine interest in commercial real estate lending.