Asset Management Intern jobs in United States
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Acadia Realty Trust · 2 months ago

Asset Management Intern

Acadia Realty Trust, headquartered in Rye, New York, is an equity real estate investment trust focused on delivering long-term, profitable growth. They are seeking an Asset Management Intern to assist with the management of the development process of large scale retail properties, gaining experience in deal analysis of commercial real estate.

Real Estate
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Responsibilities

Assist in the creation and maintenance of property-level financial models for Core and Fund assets; which includes budgeting for capital improvements and re-leasing costs; projecting lease-up rents and cash flows; incorporating operating costs and net operating income; inserting debt and equity terms; and confirming investment metrics
Perform updating and maintenance of financial models, such as confirming current rent and operating cost projections; inserting actual income and costs; and re-projecting investment metrics
Present financial analysis and updated models to executives
Assist in Acadia’s interfacing with 3rd parties, such as lenders, co-op boards, neighbors, government entities, etc
Attend leasing, Property management and construction meetings, and coordinate or follow up on miscellaneous items

Qualification

Financial modelingMicrosoft ExcelCommercial real estateCommunication skillsMulti-taskPassionate to learnArgus proficiencyDetail-orientedSelf-motivated

Required

Must have completed junior year of college
Must be enrolled in a college degree program at an accredited institution
Must be able to work onsite in Rye, NY
Ability to work 40 hours per week
Must have a GPA of 3.0 or above
Must have unrestricted work authorization in the US without a visa or sponsorship

Preferred

Highly self-motivated, hardworking, detail-oriented
Ability to prioritize challenging work schedule/multi-task
Strong communications skills (verbal, written and listening)
Proficient in Microsoft Office, particularly Excel
Pursuing degree in related area including commercial real estate, business or related field
Passionate to learn about commercial real estate
Demonstrated ability to run financial models through Excel and Argus

Company

Acadia Realty Trust

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Acadia Realty Trust (NYSE: AKR), is a REIT specializing in the acquisition, re-development and operation of retail.

Funding

Current Stage
Public Company
Total Funding
$1B
2024-09-30Post Ipo Equity· $116.25M
2024-04-15Post Ipo Debt· $750M
2024-01-08Post Ipo Equity· $115.58M

Leadership Team

K
Kenneth F. Bernstein
President, CEO
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D
David Buell
Senior Vice President, Chief Accounting Officer
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Company data provided by crunchbase