Job Details
Job Location: IL Chicago Corp Office CCLLC - Chicago, IL Position Type: Internship Salary Range: Undisclosed Job Category: InvestmentsDescription
Who We Are
Core Spaces (Core) is more than a real estate company, it’s a people company. Where building relationships is just as important as building properties. From researchers and architects to designers and operators, Core is made up of risk takers and dreamers who are on a mission to invent the future of living. Our six cultural values guide us every day and we strive to live them in everything we do: PUSH (Invent Better Places to Live), GRIT (We Got This), LIFT (Help Each Other Win), SHINE (Bring Your Full Self), UPHOLD (Never Break Trust), GROW (Always Get Better). Everything Core does stems from this culture of collaboration and innovation, and the drive to constantly improve the resident experience. This unique approach has led to creating spaces and services that are redefining the way people live.
What We Do
Founded in 2010, Core is a vertically integrated company focused on acquiring, developing, managing, and lending across the student housing and build-to-rent (“BTR”) sectors. Its residential communities feature world-class amenities, progressive design, and hospitality-driven client service. In its award-winning student portfolio, Core currently owns and/or manages over 45,600 beds* – and has a pipeline of over 45,000 beds* in various stages of development. Core's BTR division currently has over 3,000 homes under development and in its pipeline in high-growth metros across the country. For more information, visit www.corespaces.com.
*Portfolio and pipeline numbers as of November 2024
Position Overview
We are searching for a summer intern to assist the Build-to-Rent investments team in our Chicago office (In-Person). The ideal candidate has broad-based analytical skills, strong understanding of Excel and PowerPoint, interpersonal intelligence, and a passion for real estate. This individual will go through a series of trainings with members of our Acquisitions, Asset Management, Capital Markets, Design, Legal, and Marketing teams to get exposure to the entire deal process. The intern will report directly to the Investments Associate(s), with oversight from the President and Chief Investment Officer. Specific duties will include:
What You Will Do
- Conducting market research for various residential markets across the country
- Using Excel to assist in the underwriting process
- Preparing PowerPoint presentations to summarize investment opportunities
- Assisting in the due diligence process
- Creating market maps using Google MyMaps
- Providing any other analytical or transactional support as needed
- Assisting with various office administrative tasks as needed
- Occasional travel may be necessary as needed
- Perform all other duties and tasks as assigned by management
- Must be able to complete all physical requirements of this role with or without a reasonable accommodation
Ideally, you'll have
- Junior studying Real Estate, Finance, Economics, or a related field
- General knowledge of real estate principles, finance, and accounting
- Ability to work in-person and travel as needed for property tours and market research
- Highly motivated, organized, and determined individual with an eagerness to learn
- A positive mindset and an enjoyable person to be around
You'll crush it if you have experience with
- Studying Business, Finance, and/or Real Estate
- Excel, Word, Powerpoint
Organizational Structure
Reports to: Associate, Investments - BTR
Direct Reports: N/A
Disclaimer: Please note that job responsibilities, reporting lines, and duties outlined in this job description are subject to change to meet the evolving needs of the organization.
As an Equal Opportunity Employer, Core Spaces celebrates diversity and is committed to creating an equitable and inclusive environment, which creates a sense of belonging for all employees. We do not discriminate and believe every individual should be proud of who they are and the community they represent.
Compensation: This is a paid internship opportunity with an hourly rate of $25.