Jonathan Rose Companies (“JRCo”) 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 acquisition of mixed-income and affordable multifamily housing in gateway cities nationally. We re-position portfolio properties by introducing green building improvements and social programs. 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 Investments & Acquisitions 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.
The ideal candidate should currently be enrolled in a master’s program, demonstrate strong leadership and entrepreneurial skills, and be able to work in a fast-paced, team-oriented environment. All candidates should have strong organizational, analytical, verbal and written communication skills. Finally, the ideal candidate has a demonstrated interest in affordable housing specifically and/or ESG/impact investing generally.
Interns will assist with a range of team activities, including:
Analyzing potential acquisitions;
Contacting brokers and utilizing CoStar and other data sources to obtain market information;
Developing financial models and pro formas;
Assisting in arranging project financing;
Preparing applications for public subsidies and transaction approvals;
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;
Masters in: Real Estate, Construction Management Services, Finance or Real Estate Development
Rose Companies COVID-19 Vaccine Message:
For the health and wellness of its workforce, those entering its workplaces, and the communities in which it operates, Rose Companies Employer (“Rose Companies”) is requiring all those that are new to entering it’s workforce and corporate employees to become fully vaccinated against COVID-19, subject to reasonable accommodations for disabilities or sincerely held religious beliefs or unless otherwise prohibited by law and/or pursuant to those covered under a collective bargaining agreement.
Rose Companies Benefits:
Rose Companies is committed in policy and practice to providing equal employment opportunities for all applicants and employees, based upon their training, experience, and overall qualifications. Consistent with this commitment, discrimination against an applicant or employee based upon the individual’s race, color, creed, religion, sex, gender, age, national origin, ancestry, citizenship status, marital or familial status, sexual orientation, gender identity, gender expression, disability, military status, protected veteran status, genetic information, or any other condition or characteristic protected by law is strictly prohibited.
About Jonathan Rose Companies
Jonathan Rose Companies is a mission-based, green real estate policy, urban planning, development, project management and investment firm. The firm has completed $1.5 billion of work, much of it in close collaboration with not-for-profits, towns and cities.