Summer Analyst Program (Internship)

Ascentris is seeking rising college seniors to participate in an intensive ten-week real estate Summer Analyst Program. The program will provide a comprehensive introduction to the Ascentris team, real estate financial modeling, and private equity investment strategies. Prospective candidates for the Summer Analyst Program should review the position description and application criteria before applying. The ten-week program runs exclusively during the summer; however, applications are accepted on a rolling, year-round basis.

Duties and Responsibility

• Support the execution of the firm’s investment strategies through working with the investment teams on new acquisitions and developments, as well as existing property business plans.
• Participate in a comprehensive training program taught by all members of the Ascentris team.
• Complete a capstone project that concludes with an end-of-summer presentation to the Ascentris Investment Committee.
• Within an investment team, use data to evaluate all types of real estate opportunities by analyzing market trends, industry research, and supply/demand fundamentals to help the company make informed investment decisions.
• Create and maintain financial models using MS Excel, ARGUS Enterprise, and other industry tools to forecast cash flows and financial return metrics for new and existing investments.
• Assist with structuring business plans, performing due diligence, and preparing investment memorandums for Investment Committee.
• Support the investment team with asset management and reporting processes for existing properties by maintaining underwriting models, reviewing third-party financial reports, creating internal analyses/valuations and making recommendations for investment opportunities.

Qualifications

• Experience: Rising college seniors pursuing a B.A. / B.S. in Business, Real Estate, Finance, Investment Management, Engineering, Mathematics, Economics or other fields which promote critical thinking skills (preferred but not required).
• Curiosity: Being proactive in seeking out new learning opportunities is a critical component of our culture. A strong candidate is motivated by new projects, takes initiative, and possesses drive, enthusiasm, creativity, and excellent interpersonal skills.
• Dynamic: As a part of the team, summer analysts are asked to become knowledgeable across geographies and property types. The ability to easily move between topics and multiple projects simultaneously is important. A strong candidate is exceptional at managing time and prioritizing workflows in a fast-paced environment.
• Analytical Problem Solver: A strong candidate can apply data and logic effectively to support decisions. Understanding of financial models and metrics (IRR, NPV, Discount Rates, etc.) is preferred but not required.
• Communicator: Real estate is built on relationships and efficient and effective decision making. A strong candidate possesses excellent verbal and written communication skills.
• Team Player: A strong candidate can work independently, as a team member, and as a team leader. Employees at Ascentris share ideas and grow together.
• Values: Ascentris’ core values are critically important to the firm, and we believe our success internally and externally is predicated upon our ability to IREACH. Please learn more at www.ascentris.com/culture/.