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Prometheus Real Estate Group · 1 week ago

Prometheus Summer Internship - Asset Management

San Mateo, CA

Internship

Onsite

Intern

$25/hr - $28.75/hr

Prometheus Real Estate Group is the largest privately held owner of apartments in the San Francisco Bay Area, focusing on long-term investments in real estate. The Asset Management Internship provides students with an opportunity to learn about real estate operations while assisting department managers with daily tasks, ultimately contributing to the operational and financial performance of the company.

Interior DesignProperty ManagementReal EstateResidential

Growth Opportunities

Responsibilities

You will shadow an Asset Manager during weekly and bi-weekly Leasing & Strategy calls with On-Site leasing teams

You will shadow an Asset Manager during daily pricing and rate acceptance to understand inputs as they relate to leasing & strategy planning

You will tour Prometheus-owned properties collaborating with On-Site teams to collect data used in leasing and strategy decisions

You will shop competitors to gather data that informs leasing & strategy decisions

You will assist with scheduled weekly, monthly, and quarterly report preparation as they relate to our asset management platform

You will assist with scheduled weekly, monthly, and quarterly data gathering as it relates to acquisition and development underwriting efforts for current and prospective projects

You will assist in benchmarking portfolio performance, calculating ROIs for future and existing repositioning efforts

You will assist in ad hoc modeling to support decision-making and strategy development

You will assist with coordinating and procuring due diligence requests as the relate to lender requirements, third party consultants, and acquisition and development underwriting efforts

Over the course of the internship, you will create a capstone presentation that you will present to the executive team along with the other interns in your cohort

Qualification

Analytical skillsMicrosoft ExcelReal Estate knowledgeData analysisCommunicatorCreativeTeam orientedSelf-starter

Required

You are a current student and are interested in learning more about real estate asset management

You're curious, analytical, and enjoy working with data to make measurable impact on the operational and financial performance of a tangible asset class

You're a self-starter, resourceful, and can prioritize assignments in a fast-paced environment

Currently enrolled in an accredited university with a sophomore, junior or senior standing

Must have strong analytical skills, be detail oriented, and adept at working with and analyzing data

Passionate for the Real Estate industry and are proficient in Microsoft Office Suite, specifically Microsoft Excel

Team Oriented, Communicator, Entrepreneurial, Passionate, Self-Starter, Creative, Principled, and Brand Ambassador