GCM Grosvenor

2024 Real Estate Summer Intern


PayCompetitive
LocationNew York/New York
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: 5611862003

      Real Estate Summer Intern

      SUMMARY

      The Real Estate Summer Internship Program is designed to provide an introduction to the alternative investment industry with a particular focus within the Real Estate vertical. Interns receive real-world experience that will foster professional development while complementing their studies.

      The Intern will join a team of real estate investment professionals and should be able to think independently and execute quickly, while managing multiple priorities. The individual should be a motivated self-starter with strong worth ethic and desire to work in a fast-paced, team oriented and entrepreneurial environment.

      RESPONSIBILITIES

      The individual will be involved in the following critical activities:

      • Execute due diligence on real estate investment opportunities, including develop and maintain financial models and/or underwriting for use in evaluating potential investments, assist with underwriting assumptions through an integrated review of market data, financial reports, and legal documents.
      • Assist with preparation and presentation of investment recommendations and due diligence findings to internal committees and clients.
      • Prepare market research on the real estate macro environment, real estate sectors, geographic focus and fund sponsors.
      • Support client relationship management efforts, including ongoing portfolio management and reporting.
      • Use Argus and other financial research materials/databases as part of due diligence, research, and transaction advisory process.
      • Support business intelligence projects for real estate, as necessary.
      • Perform related duties as assigned.

      EDUCATION, SKILLS AND EXPERIENCE REQUIREMENTS

      The ideal experience and critical competencies for the role include the following:

      • Qualified candidates will be pursuing BA/BS with a concentration in Economics, Finance, Real Estate Finance or related field preferred with superior academic performance.
      • Applicable coursework or previous internship in the field of investments or financial markets.
      • Advanced Excel skills preferred; proficiency with Argus a plus but not required.
      • Demonstrated interest in and knowledge of the investment industry, particularly the real estate sector.
      • Excellent work ethic and high degree of professionalism and commitment to team and a goal-oriented environment.
      • Strong communication skills, including an ability to articulate your thoughts in a clear and concise manner to both clients and staff through written correspondence, presentations and/or meetings.
      • Superior organization, decision making and problem solving skills with the demonstrated initiative and ability to manage tasks and projects independently from start to finish.
      • Flexibility and adaptability to handle changing priorities pertaining to work flow.
      • Strong attention to detail and concern for quality and accuracy of final product.
      • Ability to multi-task and work effectively with other departments.
      • Demonstrated initiative and ability to work in a fast paced, changing environment.
      • Highest ethical standards and integrity.

      In terms of cultural fit, the successful candidate will be self-motivated and energized by working amongst a group of thoughtful, smart and successful colleagues. He or she will enjoy being part of an organization focused on excellence and will be a naturally collaborative person who enjoys interacting with individuals at all levels. Additionally, he or she will be a strong team player with a proactive approach and the ability to exercise discretion and judgment.

      ABOUT THE FIRM

      GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $74 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies.

      The firm has specialized in alternatives for more than 50 years and has a diverse, engaged team of approximately 530 professionals serving a global client base. We are proud to offer our employees a comprehensive benefits package focused on health and wellness, retirement planning, and diversity and inclusion.

      The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul, and Sydney. For more information, visit: gcmgrosvenor.com.

      EQUAL OPPORTUNITY EMPLOYER M/F/D/V

  • About the company

      GCM Grosvenor is a global investment and advisory firm headquartered in Chicago that specializes in hedge funds, private equity, real estate and infrastructure investments. It is one of the world’s largest independent alternative asset management firms.