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Real Estate Production/Special Servicing Internship



Position Overview: We are hiring three interns for a real estate internship, working in the Commercial Mortgage Loan Production and Special Servicing groups. The positions will begin in January, 2021 and end in August, 2021. The interns will work in both functional areas listed below.

Responsibilities:
 COMMERCIAL MORTGAGE LOAN PRODUCTION
Assist Loan Officers in underwriting and investing in commercial real estate loans across the country ranging from $2 million to $150 million. Tasks include valuation of commercial properties using a discounted cash flow analysis, market analysis, preparation of loan applications, and preparing loan committee presentations on subject properties to present to the Loan Committee for approval. Committee presentations include maps, photos, aerials, demographic information, and site plans. Interns are also asked to participate in meetings and conference calls to communicate loan terms, negotiate applications, discuss market and borrower topics, and to observe Loan Committee presentations.
 SPECIAL SERVICING
The Intern assists the Special Servicing department in all facets of activities associated with developing and implementing loan workout strategies for loan assets assigned to the Special Servicing department. The Intern is responsible for maintaining current information on the database system and assists with the processing of annual property inspection reports. This position assists the Special Servicing department in the development of Discounted Cash Flow Analysis and lease reviews for loan assets assigned to the Special Servicing Department, along with numerous other activities necessary to properly manage a loan asset.

Required Qualifications:
Must be current full-time undergraduate student of an accredited 4 year college degree program majoring in Finance, Business, Economics, or Real Estate, having successfully completed the first year of that program.
We cannot employ students as interns who will graduate prior to the internship.
**The internships require 35-40 hours per week from January 2021 – August 2021