Acquisitions Analyst Intern

About Us

TruAmerica Multifamily is a Los Angeles-based investment firm specializing in acquisitions, value added asset management, capital improvement renovations and rehabilitation of Class B or better multifamily housing in the Western United States. With over 55,634 apartment units currently under management, TruAmerica has cultivated the best talents in the industry to create a first-class multifamily investment platform.

Objective

The position is a unique opportunity to join an active, entrepreneurial, and high-energy investment team. The ideal candidate will be an organized and motivated self-starter with a positive attitude, attention to detail, and a strong work ethic. The position offers the opportunity to gain a wide breadth of experience in multifamily investments including all facets of deal acquisition from start to finish: underwriting, due diligence, market and competitive comp analysis, loan processing, and closing. In addition, the analyst will gain experience to all aspects of the business through involvement in asset management and corporate responsibilities for a large portfolio that includes over 54,000 units across the country.

Tasks and Responsibilities

Underwriting and Due Diligence

• Underwrite potential multifamily acquisitions by analyzing historical financial statements and performing market research and analysis.
• Coordinate due diligence efforts with third parties and consultants. Review and analyze due diligence results and compare results to transaction underwriting.

Investment Summaries and Reports

• Create and prepare investment summaries and presentations.
• Assist in preparation of quarterly reports and participate in the research, design and creation of new reports as needed.

Asset Management

• Assist with Asset Management reporting and ad hoc analysis

Qualifications

• Currently enrolled at a top tier MBA program
• Prior business experience at a real estate investment firm, real estate brokerage firm, commercial mortgage banking firm, financial institution, or accounting firm, either through full-time work or internship(s) preferred. Candidates with strong backgrounds in other areas will also be considered.
• Superior Excel, financial modeling, and PowerPoint skills are a must.
• Strong quantitative and analytical skills
• Familiarity with financial models that include complex financial and waterfall analysis.
• Attention to detail and a desire to produce the highest quality work product.
• Superior organizational skills and the ability to manage multiple complex and diversified work-streams in a fast-paced environment.
• A flexible team player who takes initiative and is dedicated, hard-working, resourceful, and has an ability to work in a collaborative environment.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Ability to sit for up to 10 hours per day
• Ability to move freely around the office for up to 10 hours per day
• Ability to communicate verbally and in writing

Compensation Range

The hourly range for the role is $20 an hour.

Equal Opportunity Employer

• TruAmerica Multifamily is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.
• This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and internships. TruAmerica Multifamily makes hiring decisions based solely on qualifications, merit, and business needs at the time.

No Recruiters Please...