Asset Management and Investment Intern

The Summer Intern Asset Management and Investment Intern supports the investments and asset management teams by gaining hands-on experience in analyzing potential multifamily land acquisitions assisting with portfolio oversight and shadowing key team members. This role provides exposure to deal sourcing financial modeling market research and investment decision-making while also learning about property management asset performance and operational best practices.

Essential Functions:

Land Acquisition & Sourcing:

• Assist in sourcing potential development land by networking with brokers landowners and other stakeholders.
• Help create and maintain lists of target development parcels in designated markets.
• Monitor market activity regional economic trends and comparable transactions to support acquisition analysis.
• Maintain an organized pipeline of active prospective and closed land deals.

Financial Modeling & Underwriting:

• Assist in supporting evaluation of potential multifamily deals through financial analysis including cash flow projections and scenario modeling.
• Assist in preliminary underwriting and investment feasibility assessments.

Market Research & Due Diligence:

• Conduct research on market demographics rental trends zoning property valuations and other relevant metrics.
• Assist in supporting the land acquisition due diligence process including coordination with internal and external stakeholders.
• Identify potential risks and assist with mitigation strategies.

Asset Management Support & Shadowing:

• Shadow the asset management team to gain insight into property operations performance tracking and investor reporting.
• Assist in monitoring portfolio metrics including occupancy rent collections and operating expenses.
• Participate in asset review meetings observing how strategic decisions are made to enhance property performance.
• Support preparation of materials for internal reporting and presentations.

Investment Support & Presentation:

• Draft summaries site overviews and presentation materials for leadership review.
• Collaborate across investments legal development and asset management teams to understand the full acquisition and management process.

Other:

• Stay informed on industry standards real estate valuation methods and emerging multifamily development trends.
• Complete internship project.
• Complete additional duties and responsibilities as assigned by the supervisor.

Skills and Experience:

• Pursuing a Bachelors degree in Finance Real Estate Economics or a related field.
• Interest in real estate investment acquisitions and property management.
• Proficiency in Microsoft Excel; experience with financial modeling a plus.
• Strong analytical organizational and problem-solving skills.
• Familiarity with real estate databases (e.g. CoStar Yardi Argus) preferred.
• Excellent written and verbal communication abilities.
• Ability to manage multiple priorities and meet deadlines.
• Collaborative self-motivated and eager to learn.
• Ability to sit for extended periods at a desk and work on a computer. Occasional walking of potential land acquisition sites which may include uneven terrain. Occasional travel will be required.

Competencies:

• High level of initiative and willingness to learn.
• Strong analytical and financial acumen.
• Detail-oriented and organized.
• Adaptable resourceful and proactive in a dynamic environment.
• Strong interpersonal and relationship-building skills.

Additional Information:

• FLSA Status: Non-Exempt; Temporary
• Location: Hybrid HQ
• Travel: Comfortable with occasional site visits including uneven terrain; some travel may be required.
• Reports To: Vice President of Investments
• Direct Reports: N/A

About Stark Enterprises:
Stark Enterprises is a full-service real estate development company based in Cleveland Ohio with expertise in acquisition development leasing property management construction architectural design landscape architecture marketing and security. We are committed to delivering high-quality innovative solutions to meet the evolving needs of our clients and communities.

As an Equal Opportunity Employer Stark Enterprises is dedicated to fostering a diverse and inclusive workplace. We do not discriminate based on race religion color sex gender identity sexual orientation age disability national origin veteran status or any other characteristic protected by law. Employment decisions are based on qualifications merit and business need.

Join us and be part of a forward-thinking company that values both its employees and the communities it serves.