Wheel Program Internship

Job Type: Internship

Location: 37 Graham Street, STE 120, San Francisco, California

Program Duration: Twelve months (September 1, 2026 – August 31, 2027)

Compensation: $34.00 per hour (Full‑time, 40 hours/week)

The Hamilton Zanze Wheel Program is a twelve‑month, full‑time rotational internship designed to provide hands‑on exposure to the core functions of real‑estate investment and asset management. Interns rotate through five departments – Transactions, Asset Management & Project Management, Data Analysis, Investor Relations, and Accounting & Finance – gaining a comprehensive understanding of how each team contributes to the firm’s operations and investment strategy.

Through project‑based work, mentorship, and structured learning, interns build technical skills, industry knowledge, and strategic thinking while actively contributing to the business. At the program’s conclusion, the intern completes a self‑evaluation and participates in a roundtable with department heads and mentors to review performance, program feedback, and potential full‑time employment opportunities within the firm.

Focus: Acquisitions, dispositions, refinancing, underwriting, and financial modeling. The Transactions team leads all acquisition, disposition, and refinance activity at Hamilton Zanze.

• Underwrite new deals and conduct market research across target markets
• Analyze property income statements, rent rolls, and sale and rent comparables
• Assist in preparing investment two‑pagers and business plans
• Track the deal pipeline and review property valuations and broker opinions of value
• Review loan documents and support closing processes on acquisitions, dispositions, and refinances

Key concepts covered: deal evaluation, debt and equity financing fundamentals, valuation techniques, lender relationships, and deal execution.

Focus: Portfolio management, financial analysis, property‑level oversight, and capital project execution.

• Review monthly financials and compare budgeted versus actual performance
• Participate in calls with third‑party property management companies
• Assist with capital expenditure project completion and coordination
• Conduct preliminary property valuations and portfolio reviews
• Learn tools used for portfolio review, valuation, and marketing efforts
• Review due diligence materials related to acquisitions, including physical inspection reports and environmental assessments
• Support risk identification and monitoring at the property and portfolio level
• Gain exposure to insurance, warranty, and vendor management processes

Travel to select markets may be required.

Focus: Data management, research initiatives, and analytical tool development.

• Work extensively in Excel and build proficiency in SQL, Python, and Power BI
• Support data management and research projects across the portfolio
• Develop qualitative skills including stakeholder management, requirements gathering, and user story development
• Gain exposure to project management practices and cross‑functional collaboration

Focus: Investor communication, capital raising, client services, and marketing.

• Assist with outbound investor communication, including calls related to vesting changes, resale shares, distribution questions, and transaction updates
• Support written communication, including quarterly property journals and property review letters
• Gain exposure to capital raising, investor reporting, and the marketing and branding strategies that support investor engagement

Focus: Cash management, entity‑level accounting, distributions, and portfolio valuation.

• Process entity‑level changes such as investor transfers, trust assignments, and resale share transactions
• Support data management and maintenance of the portfolio valuation file
• Gain exposure to distribution workflows and accurate roster maintenance at the entity level

• Bachelor’s degree in real estate, finance, business, economics, communications, or a related field
• Genuine interest in real‑estate investment
• Strong analytical, problem‑solving, and written communication skills
• Prof…