Rotational Summer Internship Program
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Job Description
About Sterling Organization
Sterling Organization is a real estate investment and management firm with a focus on retail properties. They offer a rotational summer internship program for rising Junior undergraduate students. This program provides hands-on experience across various departments within the organization, including Investments, Capital Markets, Fund Management & Analytics, as well as micro-rotations in Leasing, Property Management, Construction, Legal, and Marketing.
Job Description
The internship program provides opportunities to:
Investments:
• Underwrite core and value-add retail real estate investments by forecasting cash flows, projecting IRR & Equity Multiples.
• Conduct due diligence on awarded acquisitions.
• Manage an investment pipeline of acquisition targets.
• Understand retail leases with regards to tenant control rights, expense reimbursements, and other key provisions.
• Communicate with real estate brokers & corporate counterparts.
Capital Markets:
• Capitalize a commercial real estate asset based on various investment strategies.
• Differentiate distinct types of loans and their structures.
• Analyze a loan term sheet.
• Identify and analyze financial metrics for loan underwriting.
• Communicate with financial lenders.
Fund Management & Analytics:
• Understand the quarterly formation of track records.
• Analyze asset management financial models.
• Review quarterly investor and asset management reports.
• Analyze operating metrics across Sterling’s portfolio of assets.
• Conduct scenario analyses as it relates to leasing and construction opportunities.
Micro-Rotations:
• Gain exposure to the daily operations of Leasing, Property Management, Construction, Legal, and Marketing departments.
Sterling Organization is an equal opportunity employer.
