We use cookies. Find out more about it here. By continuing to browse this site you are agreeing to our use of cookies.
#alert
Back to search results
New

Summer Intern - Analyst (Massachusetts)

The RMR Group LLC
United States, Massachusetts, Newton
255 Washington Street (Show on map)
Sep 18, 2024

Summer Intern - Analyst (Massachusetts)


Job ID
2024-2668


Job Locations

US-MA-Newton



Overview

The RMR Group is a vertically integrated real estate company, managing and operating over $36 billion of commercial real estate investments across the continent. We are seeking a talented and driven intern for our analyst program. This internship is part of RMR Analyst Accelerator Program and is based at The RMR Group's headquarters in Massachusetts. Please note, we do offer another Analyst internship role based in Atlanta. This role will give you exposure to the entire lifecycle of commercial real estate investment, including acquisitions, financing and capital markets, leasing, asset management, and dispositions. As a part of this collaborative and high-performing team, you will have the opportunity to work alongside some of the most accomplished real estate professionals in the industry and develop the skills necessary to have a successful, long-term career in commercial real estate. If you are analytical, detail-oriented, curious, and a fast learner, we look forward to meeting you. Your primary responsibilities are outlined below.



Responsibilities

Acquisitions/Dispositions

    Create and maintain detailed financial analyses to evaluate prospective investments.
  • Perform detailed market research on supply/demand fundamentals, economic trends, comparable sales and lease transactions, etc.
  • Assist in the preparation of investment memoranda and presentation materials to investment committee.
  • Support deal team to negotiate and close acquisitions and dispositions.

Debt Capital Markets

  • Work directly with loan origination professionals, mortgage bankers and prospective borrower clients to evaluate potential debt investments in transitional commercial real estate projects.
  • Analysis and financial modeling of property rent rolls, operating statements, and proforma projections related to value-add business plans.
  • Perform competitive set and general market research to validate underwriting assumptions.
  • Assist in the preparation of loan term sheets, internal investment memoranda, and quarterly loan asset summary reports for asset management.
  • Assist in the due diligence and loan closing process which includes reviewing real estate documents such as leases, loan documents, budgets, appraisals, and other third-party reports as necessary.

Asset Management

  • Work collaboratively with Portfolio and Asset Managers to optimize the performance and strategy for owned office, industrial, medical office, life sciences, senior living and hotel real estate.
  • Model and underwrite value-enhancing opportunities within the existing portfolio including new development and redevelopment projects.
  • Develop and update strategic business plans by performing market research and financial modeling in Excel.
  • Prepare and analyze data for quarterly earnings, board meetings, and budgeting.
  • Assist in the preparation of hold/sell analysis and subsequent disposition recommendation memoranda and presentation materials to investment committee.
  • Prepare financial reviews for existing tenants to help guide security deposit recommendations.


Qualifications

  • Currently a sophomore or junior at an accredited college or university. Finance, accounting, economics, real estate, or related majors preferred. Minimum 3.0 GPA.
  • Internship experience in commercial real estate or related industry.
  • Ability to learn quickly and solve problems within a dynamic environment.
  • Exceptional organization, communication, and multi-tasking skills.
  • Strong proficiency with Microsoft Office products, especially Excel. Working knowledge of ARGUS preferred, but not required.


Company Overview

The RMR Group (Nasdaq: RMR) is a leading U.S. alternative asset management company, unique for its focus on commercial real estate (CRE) and related businesses. RMR's vertical integration is strengthened by over 1,100 real estate professionals in more than 30 offices nationwide who manage over $41 billion in assets under management and leverage more than 35 years of institutional experience in buying, selling, financing and operating CRE. RMR benefits from a scalable platform, a deep and experienced management team and a diversity of real estate strategies across its clients. RMR has been recognized by The Boston Globe as a "Top Place to Work", by the Environmental Protection Agency (EPA) as an "ENERGY STAR Partner of the Year" and ranked by the Building Owners and Managers Association (BOMA) as having one of the highest number of BOMA 360 designated properties in its portfolio. RMR is headquartered in Newton, MA and was founded in 1986.

RMR's mission is to create long term value for our clients by managing their investments and assets "like we own it" - an approach that consistently and repeatedly generates opportunities for all our employees, investors and stakeholders. We are guided by six core values:

  • Integrity at Our Core.
  • Perform Passionately and Effectively.
  • Inspired Thinking.
  • Like We Own It.
  • Power of We.
  • Mutual Respect.

Visit our website to learn more about what makes The RMR Group a rewarding place to build a career.

Follow RMR on LinkedIn, on Instagram @thermrgroup and on Twitter @The_RMR_Group.

The RMR Group is an equal opportunity employer. Qualified applications will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. For our EEO Policy Statement, please click here. If you'd like more information on your EEO rights under the law, please click here.

Applied = 0

(web-c5777866b-lrd5b)