Acquisitions Analyst, Intern
About TruAmerica
TruAmerica Multifamily is a partnership that was founded in July 2013 between industry veteran Robert E. Hart and The Guardian life Insurance Company of America. The company is based on the premise that tremendous upside potential remains in mid-tier apartment communities that can be unlocked through tailored renovation, repositioning strategies, and focused management. TruAmerica Multifamily is a privately held, fully integrated, real estate investment firm that invests in apartment communities located in premier markets in throughout the country. We continue to grow by selectively acquiring, redeveloping and effectively managing multifamily properties. As such, we were among the Top 10 buyers of multifamily in the nation in 2016, and among the Top 15 in the world.
Acquisitions Analyst Intern
The position is a unique opportunity to join an active, entrepreneurial, and high-energy investment team. The ideal candidate will be an organized and motivated self-starter with a positive attitude, attention to detail, and a strong work ethic. The Acquisitions Intern offers the opportunity to gain a wide breadth of experience in multifamily investments including all facets of deal acquisition from start to finish: underwriting, due diligence, market and competitive comp analysis, loan processing, investor relations, and closing. In addition, the Acquisition Intern will gain experience to all aspects of the business through involvement in dispositions, asset management, and corporate responsibilities for a large portfolio that includes over 32,000 units across the country.
Responsibilities:
With support and guidance from the entire TruAmerica Team, the Acquisitions Intern will assist the Acquisitions team in the following ways:
• Underwrite potential multifamily acquisitions by analyzing historical financial statements and performing market research and analysis
• Coordinate due diligence efforts with third parties and consultants. Review and analyze due diligence results and compare results to transaction underwriting
• Create and prepare investment summaries and presentations
• Assist in preparation of quarterly reports and participate in the research, design and creation of new reports as needed
• Assist in preparing annual Investment Budgets and Strategic Planning by collecting and analyzing financial information and researching market conditions.
• Assist with Asset Management reporting and monitoring business plan performance
Qualifications:
• Be a current student or have Bachelor’s degree with a major in real estate business, finance, economics or related field and pursuing an MBA at a top university.
• The ideal candidate will have prior business experience at a real estate investment firm, commercial mortgage banking firm, financial institution, or accounting firm. Candidates with strong backgrounds in other areas will also be considered.
• Excel, PowerPoint, and Word experience a must along with strong quantitative and analytical skills
• Familiarity with financial models that include complex financial and waterfall analysis
• Attention to detail and a desire to produce the highest quality work product
• Superior organizational skills and the ability to manage multiple complex and diversified work-streams in a fast-paced environment
• A flexible team player who takes initiative and is dedicated, hard-working, and has an ability to work in a collaborative environment