About the role#
Berger Communities is hiring a full-time Acquisitions Intern to support our investment team in Wayne, Pennsylvania. This is a paid, on-site internship offered on a rolling basis. You will assist with the research, underwriting, and analysis of multifamily acquisition and development opportunities.
What you'll do#
- Maintain and organize our database of acquisition and development opportunities. You will log new offerings and ensure deal statuses remain current.
- Review offering memorandums to summarize deal details such as unit mix, vintage, in-place rents, and pricing.
- Build rent comparable surveys through online research and in-person property tours to analyze how properties compete in their local markets.
- Conduct market research on rent growth trends, demographics, and supply and demand dynamics.
- Prepare first-pass underwriting for multifamily acquisitions by entering data from rent rolls and operating statements into our models.
- Research operating expense assumptions, including real estate taxes and utilities.
- Attend property tours to document observations on amenities, unit finishes, and physical condition.
- Present your research and analysis findings during internal deal discussions with the acquisitions team.
- Use data analytics and emerging technologies to improve research and underwriting efficiency.
What you'll need#
- You are currently pursuing a degree in Real Estate, Finance, Business, Mathematics, or a related field. Rising juniors or seniors are strongly preferred.
- Proficiency in Microsoft Excel and a willingness to learn financial modeling.
- Strong analytical, quantitative, and critical thinking skills.
- High attention to detail regarding data accuracy and formatting.
- A problem-solving mindset and the ability to work both independently and as part of a team.
- Excellent written and verbal communication skills.
Location & details#
- Location: Wayne, Pennsylvania.
- Pay: $17.50 per hour.
- Schedule: Full-time internship.
About Berger Communities
Berger Communities manages multi-family real estate properties across Pennsylvania, Delaware, and Maryland. Founded in 1972, the company provides management services, property acquisitions, and rental experiences. It employs between 201 and 500 people. The firm operates as a privately held entity based in Wayne, Pennsylvania.
How to get in at Berger Communities
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