Affordable Housing Real Estate Development Specialist
6 days ago
Lincoln Avenue Communities is a dynamic and entrepreneurial real estate private equity firm that strengthens communities. We provide sustainable, high-quality homes for lower- and moderate-income individuals, seniors, and families across 28 states.
Job SummaryWe are seeking a Summer Analyst to join our Development team in Santa Monica. This paid ten-week internship program will help you break ground on a career in affordable multifamily real estate.
About the RoleAs a Summer Analyst, you will work closely with colleagues to support the evaluation and execution of property acquisitions, rehabilitation, refinancing, and ground-up new construction from conception through project stabilization. Your responsibilities will include collecting and analyzing due diligence, evaluating market supply/demand factors, creating financial models, and presenting recommendations to the investment committee.
Key Responsibilities- Assist in business plan execution by collecting and analyzing due diligence, evaluating market trends, and creating financial models.
- Presentation of concluded recommendations to LAC's investment committee.
- Collecting and updating project information on the internal database.
- Order third-party reports and oversee delivery timelines.
- Attend deal team meetings to take notes and track key deliverables.
The ideal candidate will have knowledge of the fundamentals of real estate, strong technical skills in financial modeling, and excellent time management and communication skills. They should be able to operate with minimal oversight and have a mindset that takes full ownership of their role and responsibilities.
BenefitsThis is a full-time role based in our Santa Monica HQ (at least 4 days in the office). The estimated salary for this position is around $80,000 per year, depending on experience. We offer a dynamic and engaging learning experience with dedicated support around you.
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