255 Washington Street, Newton, MA 02458
Remote
2022-01-23
Summer Intern - Acquisitions & Dispositions
3.7
Overview:
The Intern will provide support to a fast paced, collaborative and results-driven Acquisitions & Dispositions team of seven. Responsibilities will include preparing market analysis, researching comparable sales and rents, conducting tenant financial analysis, and assisting with underwriting models.
The Acquisitions team principally focuses on underwriting the acquisition of office, industrial, retail, hotel, medical office, life science, and senior living properties for The RMR Group, the investment advisor to Diversified Healthcare Trust (Nasdaq: DHC), Office Properties Income Trust (Nasdaq: OPI), Service Properties Trust (Nasdaq: SVC), and Industrial Logistics Properties Trust (Nasdaq: ILPT).
Responsibilities:- Assist with the market analysis, to include researching comparable sales and rents.
- Assist with analysis of tenant(s) financial statements for inclusion in investment committee memos.
- Assist with the financial model of potential office and industrial property investments across the country.
- Use Argus financial modeling software to create and edit financial models as well as consolidate property files.
- Assist in preparing investment committee materials and corresponding exhibits.
- Assist with receipt and dissemination of diligence materials.
- Assist with deal tracking.
- Use Argus and Yardi to prepare cash flow reports for disposition properties.
- Availability to work 40 hours per week.
- Currently a junior or senior at an accredited college or university.
- Minimum 3.0 GPA.
- Proficiency with Microsoft Office product suite.
- Working knowledge of ARGUS Enterprise a plus.
- Enthusiasm, professionalism, resourcefulness.
- Excellent organizational, research, verbal and written communication skills.
- Ability to work in fast-paced, collaborative, and results driven environment.
- Not eligible for course credit.
- RMR considers the safety of its employees a top priority. As part of this commitment, RMR requires all new employees to be fully vaccinated against COVID-19. Qualified candidates who are offered the opportunity to join RMR will be required to provide proof of vaccination prior to the first day of work. Applicants who need additional information concerning RMR’s vaccination policy should contact Diane Proctor, Vice President, Human Resources at Dproctor@rmrgroup.com
The RMR Group LLC, or RMR, is a leading U.S. alternative asset management company, unique for its focus on commercial real estate (CRE) and related businesses. It conducts substantially all business for its parent company, The RMR Group Inc. (Nasdaq: RMR). RMR’s vertical integration is strengthened by more than 600 real estate professionals in over 30 offices nationwide who manage $32 billion in assets under management and leverage more than 30 years of institutional experience in buying, selling, financing and operating CRE. RMR benefits from a scalable platform, a deep and experienced management team and a diversity of real estate strategies across its client companies. Recently, RMR has been recognized by The Boston Globe as a “Top Place to Work,” by Fortune magazine as one of the “100 Fastest Growing Companies,” by the Environmental Protection Agency (EPA) as an “ENERGY STAR Partner of the Year,” by Boston Business Journal as the “Fastest Growing Middle Market Company in Massachusetts” and ranked 9th on Commercial Property Executive’s Top Commercial Property Management Companies. RMR is headquartered in Newton, MA and was founded in 1986. For more information, please visit www.rmrgroup.com. Follow RMR on LinkedIn and on Twitter @The_RMR_Group.