LivCor
233 South Wacker Drive, Chicago, IL 60606
Remote
2022-01-12
Discovery Intern - Transactions
3.5
Overview:
Our Early College Internship was created to develop and invest in future talent. These super cool humans are hired for a 10-week immersive experience within a team to learn the fundamentals of a specific department at LivCor through training, project work, while gaining exposure to leadership and office culture.
Here are some of teams and opportunities we have available (and not limited to):
Our culture and values matter to us. A lot. We’re definitely not serious but we take this stuff seriously, if you get what we mean. We want a place that is an ego-free zone. A place where good people do good things together. It shouldn’t be rocket science in workplaces, but for some reason it still is? We’re absolutely determined to be different, and we think we’re doing a pretty good job at it. We have a CEO who makes fun of himself, and who will encourage you to tell him when he is wrong. In fact, he needs people to – we all do. Supportive challenge is good, it’s how we get better. We like getting better. We also love diversity, of all kinds. We need people who look, sound, speak, love, and exist differently from one another. This isn’t at the end of this paragraph because it’s an afterthought. It’s SO important to us we want it to stand out.
LivCor is proud to be a US EPA ENERGY STAR® Partner
EEO Statement
LivCor, a Blackstone portfolio company, is a real estate asset management business specializing in multi-family housing. Formed in 2013 and headquartered in Chicago, LivCor is currently responsible for a portfolio of over 300 Class A and B properties comprising more than 100,000 units in markets across the United States.
Our business is focused on making real estate more valuable. But for us, it’s more than that. It’s people first, community always. It’s a life-filled career, not just a career-filled life. It’s doing good work, with good humans, and making a difference. It’s excellence in all its forms. Ultimately, we create great places to work, live, and grow. We do that by focusing on leaving people – and places – better than we found them.
Whew! Still with us? Cool. Let’s talk about where you’d fit in.
Responsibilities:
Here’s the deal:
Our Early College Internship was created to develop and invest in future talent. These super cool humans are hired for a 10-week immersive experience within a team to learn the fundamentals of a specific department at LivCor through training, project work, while gaining exposure to leadership and office culture.
During the ’internship’, you would support a range of projects that directly help our business grow and become even better. We immediately welcome you as a part of our collaborative culture and give you the opportunity to build enduring relationships with your fellow interns, team leader, and assigned mentor. You may work on other things that we haven’t thought of because our crystal ball is broken and we’re pretty flexible here.
Here are some of teams and opportunities we have available (and not limited to):
- Strategic Initiatives:
- Gathering, analyzing, and reporting finding with regard to initiatives surrounding waste management, laundry, and other relevant ancillary income programs across the portfolio
- Revenue & Performance:
- Assist team with summer peak pricing, revenue management, identification of underperforming assets and deep dives of pricing strategy.
- Project manage specific initiatives that drive property performance. Examples include but are not limited to... sales performance, unit amenity pricing, turn times, online reputation and call answering metrics.
- Assist with the onboarding of new acquisitions to ensure we’re set up to outperform the market.
- Marketing strategy:
- Leverage multiple technology platforms to review critical marketing components such as online reputation management, business listings/local search consistency, telephone sales performance quality
- Participate in marketing strategy review and development with marketing advisor team
- Audit and understand marketing implementations and review transaction activity and required support
- Marketing web team:
- Support the technological development of the LivCor web platform and participate in the management, updating, and technical trouble shooting of property websites
- Review Google Analytics data, technology implementations, leasing product integrations and more.
- Project manage the full rollout of multiple property websites including content curation, technical build, Q/A execution, domain management, and launch planning.
- Marketing data team:
- Participate in the management of inbound data sets, data cleansing, and the structuring of disparate data sets into usable information
- Building data visualizations dashboards utilizing Power Bi as well as testing, troubleshooting, and enhancing existing data visualizations
- Partner with other departments in cross functional data development to drive performance.
- People & Culture:
- Provide general support to the P&C team such as job description management, people changes, culture initiatives, and new hire onboarding.
- Financial Reporting:
- The skills we are looking for: advanced reporting skills (PPT, Power BI, SQL)
- The people we are working with: collaboration with entire organization, Blackstone and Executive Leadership Team
- The Data we are analyzing: company financials, multifamily market fundamentals and macroeconomic trends (employment, supply, demographics, etc.)
- CapX Analytics:
- Perform detailed review of monthly renovation performance to identify performance outliers
- Assist with the redevelopment process; benchmark against an asset’s competitive set, understand market performance, model projected growth, and help present the investment thesis
- Assist CapEx team during the mid-year reforecast process: analyze project-level reforecast data for reasonableness, perform data validations, help craft the final presentation to LivCor executives and Blackstone
- FP&A:
- Participate during the mid-year reforecast process: data integrity validation, category-level reforecast assessment for reasonableness, reforecast presentation to LivCor executives and Blackstone
- Perform detailed review of monthly financial performance to budget to identify any operational or performance concerns and the underlying drivers.
- Assist with industry research and trend monitoring; benchmark key performance indicators to major Apartment REITs
- Data and Strategy:
- Find actionable insights from data to drive strategic decision making
- Identify areas of hidden value that provide a mechanism for growth and establish a competitive advantage
- Operations:
- Support on-boarding of new communities, leveraging technology while partnering with internal team leads to ensure smooth transition into the LivCor platform.
- Demonstrates mental agility, ability to multitask and flexes with dynamics work
- Support relationship with internal team leads, operating partner, and preferred vendors to ensure proper implementation/penetration
- Technology:
- Assist LivCor’s technology team with programming, analytics, and data center management
- Gather, clean, and interpret data sets to help solve problems
- Transactions:
- Support underwriting of new acquisition opportunities leveraging internal and third-party resources to provide insight on metrics such as submarket performance, rent and sales comp analysis, etc.
- Participate in disposition process of a LivCor asset by supporting efforts to prepare marketing materials, buyer selection, contract negotiation and facilitating a smooth closing period
- Support transition efforts of acquisitions and onboarding of new operators
What we offer:
We know that if we take care of our team everything else will fall into place. We aren’t perfect, but we will try to set very clear expectations, always let you know where you stand, and do everything in our power to kickstart your career.
Our culture and values matter to us. A lot. We’re definitely not serious but we take this stuff seriously, if you get what we mean. We want a place that is an ego-free zone. A place where good people do good things together. It shouldn’t be rocket science in workplaces, but for some reason it still is? We’re absolutely determined to be different, and we think we’re doing a pretty good job at it. We have a CEO who makes fun of himself, and who will encourage you to tell him when he is wrong. In fact, he needs people to – we all do. Supportive challenge is good, it’s how we get better. We like getting better. We also love diversity, of all kinds. We need people who look, sound, speak, love, and exist differently from one another. This isn’t at the end of this paragraph because it’s an afterthought. It’s SO important to us we want it to stand out.
If any of this sounds interesting, then maybe we are a fit. Life is too short to work with people you don’t like. So whatever you do, don’t make that mistake.
The LivCorian Values
- Be you. Be Real. Be Open. You do you. Together, we will do something amazing.
- Care, Always. We don’t want to let anyone down.
- Courageously Curious. We love to learn, even when it hurts.
- Help Others Win, Be A Good Neighbor. This is about ‘We, not Me.’
- Relentless Hustle, Heart & Humility. Work hard. Be Kind. Make Better.
LivCor is proud to be a US EPA ENERGY STAR® Partner
EEO Statement
Our company is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and or any other legally protected characteristics. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com.