Job Category: AO - Administration/OperationsJob Description:As an intern, you will support by providing research, financial analysis, data modeling, and technical support in valuing assets and evaluating asset and portfolio returns, performing in-depth market research, and running portfolio optimization analytics.You will be provided with the opportunity to work on multiple projects supporting all aspects of the investment process, utilizing a range of skills. Analysts will interact with professionals across multiple functions, including the Transactions, Asset Management, Land, and Finance teams, and will also work with global teams related to third- party advisory work and private REIT sponsors.An intern in this position will be exposed to institutional strategy, research, investment, and asset management activities as well as access to industry-leading market participants in the United States, Europe, and Asia Pacific.We have potential positions in our Land, Asset Management, Transactions, Research and Strategy, Development, and Finance Teams.At Property Reserve, our people, values, and work come together to build something greater. Property Reserve is the real estate investment arm of the reserve funds for The Church of Jesus Christ of Latter-day Saints. In the spirit of time-tested self-reliance principles, Property Reserve creates sustainable cashflow for future needs.As caretakers of sacred funds, we invest in income-generating properties and land to support the Church's mission. Our focus is on the acquisition, build-to-hold development, and portfolio level management of office, industrial, multi-family, build-to-rent, hospitality, and retail properties.Property Reserve provides a diverse range of investment experiences, interacting with a seasoned leadership team. Working in a highly collaborative environment, each Property Reserve team member has the chance to contribute meaningfully and frequently to the company culture. Headquartered in downtown Salt Lake City, we offer a locale with a unique blend of world-class outdoor recreation, a thriving culture & arts scene, and diverse housing options with convenient commutes.Why choose Property Reserve?Potential to move into a full-time positionGain experience that will help facilitate a full-time job offer from another companyInternship compensation at market rateHealthy work-life balanceGreat culture and missionDeep pool of mentors at all levels to enable fast-track career growthExposure to institutional real estate processes and practiceOpportunity to work with industry leading software and related research tools (Argus, Yardi, Procore, NCREIF, CoStar, etc.)Responsibilities:
Analyze investment opportunities through market research, in-depth financial analysis, and complex financial modeling
Support transactions including investment underwriting, due diligence processes, structuring, and closing
Conduct macro/micro research for both investment opportunities and corporate strategy
Coordinate, compile, review, and summarize property-related due diligence materials
Assist with the preparation and writing of executive summaries, investment briefs, and memos related to potential investments, both properties and private REITs
Perform other essential duties as assigned
Qualifications:
Member of the Church of Jesus Christ of Latter-day Saints and currently temple worthy
Nearing completion of bachelor's degree in business, finance, economics, accounting, or relevant field
Keen interest in real estate and financial markets
Ability to multi-task in a fast-paced environment and execute a wide range of assignments
Strong work ethic, an entrepreneurial spirit; passion for excellence and desire to learn
Positive attitude
Good understanding of accounting and experience in financial analysis and modeling with very advanced Excel skills
Accuracy and attention to detail
Argus experience preferred
Ability to prioritize assignments to meet numerous deadlines
Excellent analytical, quantitative, and problem-solving skills
Superior communication skills with a demonstrated ability to write effectively
Solid understanding of financial concepts with time value of money
(PR/IP)About Us:Church employees find joy and satisfaction in using their unique talents and abilities to further the Lord's work. From the IT professional who develops an app that sends the gospel message worldwide, to the facilities manager who maintains our buildings- giving Church members places to worship, teach, learn, and receive sacred ordinances-our employees seek innovative ways to share the gospel of Jesus Christ with the world. They are literally working in His kingdom.Only members of the Church who are worthy of a temple recommend qualify for employment. Apart from this, the Church is an equal opportunity employer and does not discriminate in its employment decisions on any basis that would violate U.S. or local law.Qualified applicants will be considered for employment without regard to race, national origin, color, gender, pregnancy, marital status, age, disability, genetic information, veteran status, or other legally protected categories that apply to the Church. The Church will make reasonable accommodations for qualified individuals with known disabilities.
