Enterprise is a national nonprofit on a mission to make home and community places of pride, power and belonging for all. To make that possible, we operate the only organization designed to address America’s affordable housing crisis from every angle: we develop and deploy programs and support community organizations on the ground; we advocate for policy on a nonpartisan basis at every level of government; we invest capital to build and preserve rental homes people can afford; and we own, operate and provide resident services for affordable communities. All so that people not only make rent, they build futures. With this end-to-end approach, 40 years of experience and thousands of local partners, Enterprise has built and preserved 662,000 affordable homes, invested $53 billion in communities and changed millions of lives.
Enterprise offers career opportunities in our offices across the country with an exceptional benefits package .
Job Description SummaryEnterprise is hiring an Investment Analyst Intern for its Conventional Equity team for the summer. The position is to be located in Enterprise’s New York City office (pending office re-opening) or remote. The Conventional Equity team manages real estate equity funds, through which Enterprise joint ventures with real estate operators to acquire, improve and create value in affordable, workforce and market rate multifamily real estate. Specific responsibilities will include: performing financial projections through the input and review of rents and income, operating expenses, capital budgets, debt and amortization schedules, residual value analysis and disposition/sale scenarios; evaluating potential investments with respect to the financial return on investment, meeting the social goals of preserving affordability, the strengths and weaknesses of the local market and the property’s competitiveness, and the joint venture partner’s strength and track record; assisting in the preparation of preliminary investment summaries and Investment Committee packages; assisting with due diligence review and coordinating project closings; assisting asset management with review and analysis of actual property performance; assisting the team with data management via the Conventional Equity Salesforce application; understanding and communicating Enterprise’s economic and social goals.
- We are seeking graduate students with experience or interest in finance, real estate and the affordable housing field.
- Financial modeling experience.
- Strong project management skills, including ability to prioritize and manage multiple tasks and work
- Strong oral and written communication skills.
- Self-motivation; ability to work both independently and as a team player
If interested,, please apply here.