
Intern - Asset Management (Sena Affordable Communities)
L+M Development Partners · New York, New York, United States
- Contract
About the role
What You'll Do
Sena Affordable Communities, part of the L+M Fund Management team, is the L+M group that works on national preservation projects, outside the NYC area. Our team works to preserve existing affordable housing by acquiring and rehabilitating affordable housing properties. Our summer intern is expected to work independently and collectively, as part of a team. An understanding of real estate finance is preferred (and successful applicants may be asked to demonstrate this through a brief exercise). L+M offers a comprehensive intern program. During the ten-week program, interns will gain exposure to the industry, tour several jobsites, and make a presentation on lessons learned to senior management. Specific duties will vary depending on the team but include tasks similar to these:
Duties and Responsibilities
- Assisting Sena Asset Managers in the financial review of monthly operating reports for Sena assets
- Participating on periodic calls with third-party management company representatives as we discuss property operations
- Providing support to asset managers on various projects including financial review of operations to ensure timely release of equity from LIHTC investors
- Ability to join asset managers on site visits to some of Sena's local properties
- Perform various ad hoc projects
Who We Want
- Must be 18 years of age or older college student
- Pursuing graduate college degree
- Excellent communication skills (written & verbal)
- Proficient in Microsoft Office Suite
- Majors in Real Estate Finance and Investments are a plus