Job Posting
Asset Management Intern – Fort Worth, TX
Overview
Trademark Property Company is looking for an intern for our Asset Management team with a primary focus on analyzing mixed-use projects throughout the US. Ideal candidate would have a desire to develop their career within the commercial real estate industry. Candidate should be enthusiastic and have a high energy level. Candidates should desire a dynamic work environment and be willing to assist wherever needed. Candidates should have strong proficiency in Microsoft Excel. Argus and financial modeling skills a plus.
Competencies
- Perform due diligence and underwriting of properties under management.
- Review and monitor “at risk” retail tenants (sales kick-outs, co-tenancy, early termination rights, )
- Research and interpret complex lease provisions.
- Analyze prospective tenant financial statements.
- Assist with financial models that project the potential financial performance of mixed-use projects – primarily retail and mixed use projects.
- Perform risk analyses as it relates to development, occupancy, and net operating income, including break-even analysis, lease-up assumptions, market demand, supply, net effective rents, occupancy rates, expenses, and capitalization rates.
- Leverage industry knowledge to evaluate retail tenant credit risk and draw conclusions as to the overall potential impact to NOI and cap rate.
- Ensure compliance with debt and equity reporting guidelines.
- Various other financial analyses as directed.
Qualifications/Experience
- College degree pending (Finance degree strongly preferred).
- Strong interpersonal, oral and written communications skills required.
- Some local travel expected.
- Strong Excel and Argus modeling experience a plus, ideally with complex retail / mixed-use assets.
- Candidate must be enthusiastic, intelligent, creative, flexible, have a great attitude, have strong technical aptitude and a desire to understand real estate investment processes.
- Ability to work under pressure and coordinate numerous activities and groups of people who need to cooperate to achieve maximum efficiency will be essential for this position.