Internship
Dallas
Originations
0 Years
Position: Internship
Division: Originations
Location: Dallas, TX
Reporting to: Assistant Vice President/Director
Summary
The Intern will assist in originating, underwriting, and performing due diligence on real estate debt transactions. The candidate should be self-motivated, work effectively in teams, detail oriented, and be able to work on multiple transactions at once in a fast-paced environment. They will have an excellent opportunity to work on a variety of large institutional real estate transactions, including multiple property types across the country. This role will report to the Assistant Vice President/Director and is located in Dallas, TX.
Responsibilities:
- Provide general analytical support to the originations team.
- Assist with all aspects of the loan origination process, including the modeling and evaluation of new investment opportunities in ARGUS and Excel, sensitivity analysis, identifying the risks and mitigating factors of potential investments, due diligence review, preparation of investment memos, and loan closing.
- Conduct calls with leasing brokers and property owners to evaluate markets and submarkets tied to investment opportunities.
- Provide analytical support on a wide variety of assignments including market research, review of property operating statements, cash flow modeling, property valuation, borrower credit review, and preparation of loan briefs for investment committee approval.
- Assist senior members of the team with the loan diligence process, including initial structuring, underwriting and closing.
- Interface with internal credit, legal and loan origination personnel and externally with borrowers, third-party service providers and investors.
- This is not a comprehensive listing of activities, duties or responsibilities, which may change at any time without notice.
Requirements:
- Must be pursuing a bachelor’s degree in Finance, Business, or a related discipline; junior or senior standing preferred.
- Proficiency in Excel and PowerPoint is required. Knowledge of Argus is preferred but not required.
- Strong analytical and quantitative skills.
- Understanding and strong interest in real estate, capital markets, and debt.
- Excellent verbal, writing, and communication skills.
Compensation: $25 per hour depending upon experience.
To apply:
Please send your resume and cover letter to [email protected] using the subject line ‘Dallas Originations Internship’.
About ACORE CAPITAL
ACORE CAPITAL, LP is one of the largest credit managers focused on commercial real estate lending. ACORE CAPITAL originates, acquires and manages first mortgages, B-notes, mezzanine debt and preferred equity throughout the United States. With approximately 120 commercial real estate professionals situated across offices in New York, Miami, Los Angeles, San Francisco and Dallas, ACORE CAPITAL relies on and invests in exceptional talent for their originations, credit, capital markets, capital raising, investor relations, asset management, legal and operations teams. For more information, please visit www.acorecapital.com.