The Opportunity

Berkadia's Internship Program is designed to increase your education, impact, and involvement in Commercial Real Estate and Finance. Our program combines real-world work experience with continuing education and mentorship. As a Berkadia Intern, you will work alongside professionals, collaborating on projects, helping complete daily tasks, and working with us to influence to our industry.

Chicago's Hotels & Hospitality Intern will assist an Investments Sales team with financial analysis and preparing market data to be utilized in various client-facing documents and presentations. The Hotels & Hospitality Intern is instrumental in providing excellent support for our Investment Sales Advisors as they conduct their daily business activities.

• Assist Investment Sales Advisors in preparation of investment memorandums and valuations for review by senior executives.
• Assist market research manager in procuring and analyzing market rates and expenses, comparable sales, market trends, etc.
• Prepare financial modeling inclusive of alternative methods of valuation including DCF, Direct Cap, Comp Sale, and IRR among others.
• Assist in financial analysis and projections for acquisition and disposition opportunities so that senior executives can evaluate the financial feasibility and viability of each project.
• Breakdown and analyze P&L statements and competitive market STAR Reports.
• Utilize and maintain databases which track investment sales activity, construction pipeline, and other relevant real estate metrics.
• Prepare and actively participate in high-level presentations for internal and external clients.
• Review industry surveys and benchmarks, economic and demographic trends.
• Establish strong working relationships with the team to understand and identify their needs for market intelligence.
• Assist in managing third-party reports to complete all underwriting/due diligence related acquisitions and disposition activities.

Resources

• Direct supervision of a Berkadia manager and added support of an assigned mentor within your department
• Educational resources and guidance surrounding industry knowledge and professional development
• Regular learning sessions held with business leaders
• A cohort of dedicated Interns working in different departments across the country

Qualifications

• Current student pursuing a bachelor's or master's degree
• Experience working in Hotels & Hospitality is a bonus
• Desire to learn and advance in the Commercial Real Estate sector
• Initiative and drive to search for ways to contribute and grow
• Basic technology skills and familiarity with Microsoft Office software including Excel and Word

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