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Transaction Management Intern

Transaction Management | Washington, DC | Internship

Job Description

At Cresa, we believe our clients deserve better. A better space to work, create, build, grow. A better outcome for their people and organization. A better partner who puts their needs first, helping them navigate the landscape, tilting the playing field in their favor and giving them an insider’s edge.

Our mission is to find and foster the best environment for every business. Our purpose is to think beyond space - strengthening those we serve and enhancing quality of life for our clients and employees. We are built to champion our clients’ aspirations through real estate. When considering partnership, we strive to connect with those who share our values: Work Together, Create Value, Be Tenacious, Enhance Community, and Embrace Diversity.

We believe in being the change. We work together to find new ways of doing things that create value for our clients — and for each other. Because there is not much that feels better than collaborating to make a positive difference each day.

At Cresa, we offer an opportunity to be part of something bigger. To learn, advance, mentor and be recognized. Your voice will be heard, and you will be valued for both your individual and team contributions.

Summary

Cresa believes in providing Advisors with the base of knowledge and guidance necessary to be an effective and productive commercial real estate professional throughout their career. All Advisors, whether experienced or new to the commercial real estate profession, are provided sales training the “Cresa Way” either through written training manuals, mentorship with a senior broker or Managing Principal, involvement in teams and regular training meetings.

This is an 8 week, 3 day per week internship.

Essential duties and responsibilities

Transaction Management Support:

  • Collaborate with our brokerage team to support transaction management activities.
  • Assist in the preparation of Requests for Proposals (RFPs) and Letters of Intent (LOIs).
  • Engage in financial analysis and market research to aid in negotiations and decision-making processes.

Financial Analysis:

  • Analyze financial data, including rent schedules, lease terms, and occupancy costs.
  • Create financial models and forecasts to support lease negotiations and client presentations.
  • Offer input on pricing strategies and evaluate potential financial impacts of real estate transactions.

Exposure to Other Service Lines:

  • Participate in projects led by our Lease Administration team, gaining insights into lease management, compliance, and administration.
  • Contribute to project management initiatives by assisting in planning, coordination, and project execution.
  • Explore data analytics within the context of real estate, helping identify trends and optimization opportunities in the site selection process.

Qualifications

Required:

  • Currently pursuing a bachelor's or master's degree in real estate, finance, business, or a related field.
  • Strong analytical and problem-solving abilities.
  • Proficiency in Microsoft Office Suite.
  • Excellent communication and interpersonal skills.
  • Exceptional organizational skills and the ability to manage multiple tasks and meet deadlines.
  • A keen interest in commercial real estate and a strong desire to learn and grow in the industry.

Benefits

  • Hands-on experience in a dynamic and collaborative real estate environment.
  • Exposure to various facets of the commercial real estate industry, with a focus on tenant representation.
  • Mentorship from experienced professionals in the field.
  • Networking opportunities with colleagues and industry partners.
  • Competitive compensation and the potential for future career opportunities at Cresa.

Physical Requirements:

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions in accordance with the Americans with Disabilities Act.

NOTE: The job description is an overview of the functions and requirements for this position. This document is not intended to be an exhaustive list encompassing every duty and requirement of this position; supervisors may assign other duties as deemed necessary.

Cresa is committed to developing and maintaining a diverse workforce. Cresa strongly believes in equal opportunity extended to all individuals in all aspects of the employment relationship without regard to race, color, religion, belief, creed, age, sex, pregnancy or maternity (including childbirth and related conditions), family responsibility (e.g. child care, elder care), nationality, ethnic or national origin or ancestry, citizenship, marital status, civil partner status, sexual orientation, gender identity or expression, transgender status, veteran’s status, genetic information, political view or status as a qualified individual with a disability, protected leave status or any other protected characteristic in accordance with applicable law.