Summer ’Intern - Asset Management

Welltower, now the world’s largest real estate company by market capitalization, is growing at an exciting pace! We’re transforming how the world thinks about senior living and wellness-focused real estate—creating vibrant, purpose-driven communities where housing, healthcare, and hospitality converge. Our culture is fast-paced, collaborative, and endlessly ambitious—guided by our mantra:
The only easy day was yesterday.

Our interns don’t get side projects—they’re immersed in high-priority work from day one. You’ll collaborate directly with our teams to evaluate opportunities, design innovative solutions, and help deliver long-term value. With direct access to senior leadership, hands‑on experience across our platform, and a culture that prizes ambition and curiosity, you’ll develop extraordinary skills in just ten weeks.

If you’re a bold, independent thinker who thrives on challenge, embraces complexity, and is excited by the opportunity to disrupt an industry through creativity, capital allocation, and compounding growth, Welltower is the place to launch your career.

Welltower’s Asset Management internship is a paid, full-time summer program for students pursuing a degree in real estate, finance, accounting, economics, or a related field. The Intern supports the Asset Management team in overseeing a portfolio of seniors housing properties, assisting with operator and tenant performance analysis, property-level financial modeling, market research, and portfolio reporting. The role is structured to provide exposure across the asset lifecycle — from underwriting and business plan execution through stabilization and disposition — and concludes with a capstone project presented to Asset Management leadership.

• Assist in building and maintaining property- and portfolio-level financial models, including operating projections, sensitivities, debt schedules, joint venture waterfalls and return analyses.
• Support the monthly and quarterly review of operator and tenant financial performance, including occupancy, rate, labor and other expense trends, and coverage ratios, and help identify variances to budget and to original underwriting.
• Conduct market and competitive research on submarkets, supply pipelines, demographics and comparable transactions to support asset business plans.
• Help prepare asset business plans, hold/sell analyses and portfolio review materials for senior management.
• Assist with abstracting and summarizing leases, management agreements, and loan documents.
• Support tracking of capital activity, including capital expenditure budgets, funding requests and draw reviews.
• Compile data and prepare exhibits, charts and presentation materials for internal and investor reporting.
• Participate in property tours, operator calls and internal investment discussions to build an understanding of the seniors housing sector.
• Assist in maintaining asset management databases and reporting tools, and identify opportunities to make recurring processes more efficient.
• Complete a summer capstone project and present findings and recommendations to Asset Management leadership.
• Perform ad-hoc analysis and other duties as required.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of this employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

• Strong analytical and quantitative skills, with meticulous attention to detail.
• Proficiency in Microsoft Excel, Word and PowerPoint, including the ability to organize…