Investments Intern

• Base Pay $23.00 / Hour

The Garrett Companies is a full-service multifamily development, construction, and property management team with offices in Denver (CO), Indianapolis (IN), and Nashville (TN).We develop, build, and manage multifamily projects in 22 states — working together at every level to become the most successful multifamily developers in the country. Our superior strategies and award-winning culture span across 18,000+ apartments to date, and our expert trend forecasting helps us deliver living options that quickly find success in their unique markets.

To make living and investing in our properties even better, we pair that expertise with mixed-use, retail, office, and restaurant development through trusted partners and in-house brands. At The Garrett Companies, we are passionate about turning visions into reality! As leaders in the multifamily industry, we pride ourselves in creating communities that positively impact the markets we are in, and our residents can proudly call home.

The Investments Intern focuses on the financial underwriting and predevelopment aspects of multifamily development projects. The primary goals for an Investment Intern are to assist and provide support with the process of identifying new sites that meet development criteria, determining the best yield vs risk for those sites, and minimizing risk by promptly performing an essential set of due diligence items for each potential development.

• Gain Practical Investment
  
  Experience:
  
  Focus on the financial underwriting and predevelopment aspects of multifamily development projects.
• Conduct Market Research and Analysis: Prepare market analysis reports and demographic analysis. Analyze data and gather information utilizing internal databases, real estate software, and external network.
• Enhance Financial Modeling
  
  Skills:
  
  Build and refine financial models to forecast investment returns and assess project feasibility.
• Support Due Diligence Efforts: Interpret data by considering land price, construction costs, stability, yield, economic influences, potential investment-risk trends and other factors that could impact the outcome of the investment.

• Due diligence research on rent, expenses, utilities, taxes and pre-development fees.
• Analyze development and acquisition projects using Excel modeling spreadsheets.
• Support investment team members.
• Assist with various ad-hoc financial analysis.
• Monitor research of US markets regarding rent, employment, impact fees, taxes, permits, and supply and demand trends (includes review and analysis of demographic software).
• Assist development and management teams on other projects, as needed. (i.e., acquisitions, student housing, tax credit, HUD financing, budgets, management fee analyses, etc.)

You are driven, actively demonstrating your willingness to learn from both from the internship program curriculum and from the team of professionals you will work alongside. You are:

• A Passionate Learner: Eager to learn about project management and construction – bring your enthusiasm and curiosity!
• A Team Player: Ability to collaborate effectively with others – teamwork is essential in the construction industry.
• Detail-Oriented: Strong attention to detail and organizational skills – accuracy matters in project management.
• Have a Proactive Attitude: Self-motivated and proactive – take initiative and contribute positively to the team.

• Strong Excel skills and related macro programming, power point, web search engines.
• Strong written and verbal skills.
• Ability to handle multiple tasks and for multiple projects.
• Ability to work independently and with team of…