Acquisitions Intern at Bender Companies

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Feb, 26

Salary

0.0

Posted On

05 Nov, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Detail-Oriented, Reliable, Eager To Learn, Analytical Prowess, Strong Written Communication, Strong Oral Communication, Basic Understanding Of Excel, Self-Motivated, Passionate, Independent Thinker, Entrepreneurial Mindset, Problem Solving, Multi-Tasking, Attention To Detail

Industry

Real Estate

Description

What We are Looking For: Bender Companies is seeking a motivated Acquisitions Intern interested in growing within the Real Estate sector. Ideal candidates should be detail-oriented, reliable, and eager to learn. A commitment to professional development and a desire to contribute to our financial operations are key to success in this role. Dates: Internship will take place between June 1st to July 31st Position Overview: As an Acquisitions Intern, you will play a critical role in supporting the sourcing, evaluation, and execution of multifamily real estate investments. This paid internship offers hands-on experience in both acquisitions and asset management, with the majority of your time spent in the acquisitions department. As part of the program, you will complete a rotation with the asset management team to gain exposure to property operations, tenant and leasing audits, and portfolio performance analysis. Your responsibilities will span various areas of acquisitions work, including deal sourcing, underwriting fundamentals, financial modeling, rent comparable studies, and assisting with due diligence. Responsibilities: Due Diligence: Provide support to Acquisitions team. Rent Comps: Perform rent comp studies for acquisitions. Underwriting: Assist Acquisitions team with underwriting deals and learn some of the basics. Tenant Audits: Conduct thorough Rent Roll audits to verify accurate rents. Monitor tenant security deposits, move-in fees, month-to-month fees, Section-8 payments, and perform facility fee audits. Property Audits: Audit investor reports, unit turn boards, and unit renovation trackers. Track property processes against original underwriting standards. Expense Audits: Conduct audits of key expense accounts and compare spending across the portfolio to identify overspending. Qualifications: Self-motivated, passionate, and intelligent individual with an interest in commercial real estate Independent thinker with an entrepreneurial mindset and desire to solve problems and navigate challenges Keen eye for detail and ability to multi-task Analytical prowess and willingness to learn Strong written and oral communication skills Basic understanding of Excel Have a track record of academic excellence and participation in campus activities Background checks will be performed on all qualified applicants. Equal opportunity employer.

Responsibilities

As an Acquisitions Intern, you will support the sourcing, evaluation, and execution of multifamily real estate investments. Responsibilities include due diligence, rent comp studies, underwriting assistance, and conducting various audits.