Intern - Asset Management Group

Headquartered in New York with a nationally-scaled platform, RXR is a 450+ person, vertically integrated investment manager with expertise in a wide array of value creation activities, including acquisitions, asset and portfolio management, property operations, development, construction, leasing, and technological innovation. RXR is an active investor in real estate credit, rental housing, commercial property, and property technology through value-added and opportunistic investment strategies.

Position Description The Asset Management Group Intern will work with other members within Asset Management Group to perform financial analysis, assist in preparing sophisticated presentations to internal and external stakeholders, and interact with various internal and external departments for the asset management of the existing portfolio. This is a tremendous opportunity to gain hands-on real estate experience and develop a holistic knowledge of the industry.    Location This is an in person position based at 75 Rockefeller Plaza in NYC.   Responsibilities 

• Assist with entry-level tasks, such as Excel modeling, drafting PowerPoints, administrative, and organizational work 
• Assist with the maintenance and development of complex financial models utilizing Microsoft Excel and Argus
• Assist in interactions with and analyses for lenders, investors, ground lessors, and other stakeholders
• Attend asset tours for the existing portfolio
• Create presentations for senior management and investors summarizing property and portfolio status
• Develop a working knowledge of leases, loan documents, partnership agreements, and other agreements to assist with general responsibilities
• Assist in the preparation of property budgets, quarterly reforecasts, and variance analyses
• Act as a liaison to other departments within the Company
• Interact with internal systems and software to effectuate daily responsibilities
• Provide ad hoc support to the team, including data entry, administrative tasks, and other miscellaneous assistance

Qualifications 

• Recent Bachelors or Masters graduates with a degree from an accredited college or university
• Major in Finance, Real Estate, Accounting, Economics, or a related field 
• Familiarity with Excel, PowerPoint, Microsoft Office 
• Passion for real estate and finance
• Willingness to learn in a demanding, fast-paced environment, often under pressure
• Excellent interpersonal and communication skills
• Ability to work both independently and as a team member
• Ability to take initiative with strong attention to detail
• Ability to multi-task effectively
• Experience in Argus is a plus, but not required 

 

The salary range and/or hourly rate listed is a good faith determination of potential base compensation that may be offered to a successful applicant for this position at the time of this job advertisement and may be modified in the future. When determining a team member's base salary/rate, several factors may be considered as applicable (e.g. location, years of service, specialty, education, relevant experience).

Bonus eligible. 

Pay Range$17—$17 USDRXR is an Equal Opportunity Employer committed to recruiting, hiring and promoting qualified people of all backgrounds regardless of gender, race, color, creed, national origin, religion, age, marital status, pregnancy, physical or mental disability, sexual orientation, gender identity, military or veteran status, or any other basis protected by federal, state, or local law.  RXR is committed to the full inclusion of all qualified individuals. As part of this commitment, RXR will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact 516-506-6847.