Rose Companies is one of the country’s leading developers and investors in sustainable, affordable, and mixed- income multifamily real estate. The company’s mission is to strengthen communities of opportunity by developing innovative real estate solutions that build value, enhance resilience, and cultivate well-being.
In 2017, Rose was the top acquirer of affordable housing in the country, and with more than 15,000 units owned, it is the 10th largest owner.
Since its founding in 1989, the firm has been recognized for design excellence and for creating successful models that enhance the ability of our residents, and the communities they live in, to thrive. The firm’s innovative work has modeled widely duplicated solutions and won awards from a wide range of notable organizations, including the Urban Land Institute, the National Trust for Historic Preservation, the American Planning Association, the American Institute of Architects, and many others.
Rose Companies is a leader in the preservation of affordable housing, and we are currently offering a paid internship in our Investments & Acquisitions Group. The Group makes investments on behalf of our private equity funds which target the acquisitions of mixed-income and affordable multifamily housing in gateway cities nationally. We re-position portfolio properties by introducing green building improvements and social programs, and since creating our investment management division, we have raised several private equity funds with capital from institutional and individual investors who invest with us to make an impact. The Group has a national pipeline and is actively investing its most recent Fund. Summer interns will gain exposure to a wide variety of affordable housing transactions.
Education or experience in the disciplines of investments and/or real estate is required and may include one or more of the following: real estate investing, private equity, investment banking, economic development and public finance, real estate development, real estate portfolio management, real estate economics, design and construction management, or sustainable community development. Experience from top-tier consulting or investment firms will also be considered.
All candidates should demonstrate excellent ability in quantitative analysis, with a premium placed on real estate financial modeling. Candidates are expected to have advanced skills in standard computer software programs, including Microsoft Excel, Word, PowerPoint, and Project. Knowledge and exposure to Low Income Housing Tax Credits (LIHTC) and/or HUD programs is a plus.
As part of this endeavor, we are seeking an Investments & Acquisitions Summer Intern who will represent the financial goals and social and environmental mission of Rose Companies in assisting with the following functions:
- Analyzing potential acquisitions;
- Contacting brokers to obtain market information;
- Developing financial models and pro formas;
- Assisting in arranging project financing;
- Preparing applications for low income housing tax credits and other public subsidies;
- Preparing acquisition memos and presentation materials;
- Participating in investment meetings and preparing meeting minutes;
- Reviewing and negotiating legal documents;
- Coordinating & evaluating third-party due diligence reports
- Financial Analysis