Address
Form of work
SalaryAnchor Health Properties, a national full-service real estate development, management, and investment company, is seeking a Development Finance Intern to join their team for the summer of 2024. The Development Finance Intern will be part of a team that supports the Asset Management, Property Management, Development and Acquisition services of Anchor Health Properties and its affiliated entities and clientele.
Anchor Health Properties is a developer, owner, and operator of healthcare real estate, operating in multiple states across the country. Our purpose - pursuing better healthcare through real estate solutions - is what drives us. The corporate culture of Anchor Health Properties is such that every employee is expected to be an ambassador for the company represented as proactive, creative, problem-solving, and outcome oriented. Our customers are the hospital administrators, physicians, practice managers, tenants, architects, contractors and consultants with whom we develop the real estate that we subsequently hold and manage, as well as the investors with whom we acquire stabilized buildings. Our business is built entirely on those relationships and the repeat project opportunities they generate. Therefore, our expectation is that every Anchor Health Properties employee should view each contact with these customers as an opportunity to build our business and, as such, should look for ways to proactively identify the customer’s need and demonstrate active effort to address that need as professionally, quickly and thoroughly as may be possible.
As the Development Finance Intern, you will have the opportunity to gain hands-on experience and contribute to the financial analysis and planning processes critical to the success of our commercial real estate projects. Working closely with our finance and development teams, you will play a key role in supporting financial modeling, forecasting, and decision-making processes. The Intern will play a key support role to various members of the Development team. This opportunity may also include cross training with Anchor’s acquisition and investments team.
Job Responsibilities include (but are not limited to):
- Assist in the creation and maintenance of financial models for various development projects.
- Analyze project cash flows, returns, and other financial metrics.
- Assist with preparation and presentation of team project assignments in a clear and concise manner.
- Assist with the preparation of materials for both new and active development projects and opportunities
- Directly support management for special projects and assignments.
- Conduct assigned research projects and prepare informal summaries for business development and management decision purposes.
- Conduct market research and analysis to support investment decisions.
- Track industry trends, market comparables, and other relevant data.
- Support the development and monitoring of project budgets.
- Prepare reports and presentations for internal and external stakeholders.
- Work closely with cross-functional teams, including construction, acquisitions, leasing, and asset management, to gather information and insights.
Required Knowledge, Skills, and Abilities:
- Possess strong attention to detail, organizational skills, an energetic work-ethic, and the ability to manage multiple tasks simultaneously.
- Identify as a “teachable” employee and have a “can-do” attitude, professional correspondence etiquette, strong interpersonal skills and take “ownership”/pride in work deliverables.
- Be comfortable working in a fast-paced environment with the ability to self-manage and complete tasks with a certain degree of autonomy.
- Possess strong communication and professional writing skills.
- Demonstrate fundamental understanding of core finance and valuation concepts and provide tangible examples of pursuing a working knowledge of real estate fundamentals and valuation concepts.
- A strong understanding of Microsoft Excel and financial valuation modeling is critical to success on the job.
Education and Experience:
- Currently pursuing a bachelor’s or master’s degree with significant experience in finance and real estate coursework.
- Previous real estate private equity and/or development experience a plus.
- Proficiency in Argus is ideal but not required.
All interested, qualified applicants are encouraged to apply. Please submit your resume to Anchor Health Properties. Applications will be reviewed on a rolling basis, and the position will remain open until filled.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information or any other legally protected basis, in accordance with applicable law.
