Description
Company Overview
Balsam Green is a boutique investment firm focused on the acquisition and development of low-income tax credit housing across the country.
Balsam Green was founded to help solve problems for existing owners, investors, lenders, and developers, allowing each party to focus on their highest-value opportunities. The firm has preferred construction, rehabilitation, property management, and compliance partners to ensure that each challenge has a viable path to success.
Balsam Green’s core values of Be Real, Do the Right Thing, Own It and Win Together are integral to the company’s operations.
Position Summary
The Acquisitions & Development Intern will report to the CEO and assist the Director of Acquisitions. There will be one position in in both of our Minneapolis and Atlanta offices.
Responsibilities
Assist in underwriting of acquisition and development opportunities for affordable multi-family housing
Present analyses findings to Founding Principal and CEO
Prepare external financing requests and applications
Analyze existing due diligence materials and summarize opportunities and concerns
Research subject property, surrounding community and competition for trends
Coordinate and complete due diligence items for lenders and investors
Assist in construction and asset management processes
Be in person in office everyday when not travelling
Occasional travel for site visits
Qualifications
Pursuing or recent graduate of a four year Bachelor degree in Real Estate, Finance, or Accounting
Previous real estate, finance or accounting experience as intern or entry level position
Experience creating and developing financial underwriting models in excel
Curiosity, drive and logic are main personality traits
Answer the phone when it rings
Comfortable discussing issues and questions in person or over the phone
Researches possible solutions prior to asking questions
Proactively shares thoughts and ideas to create or improve processes
Advanced Excel, Word, PowerPoint and Gmail skills
Experience with Monday project management/CRM, task management experience or similar software
Being a Green Bay Packer fan is not a firm requirement but it will help with team morale
Proposed Range
Hourly Rate of $20 to $25 based on experience
We are an EOE meaning we provide equal employment opportunities to all employees and applicants for employment without regard to race, color, ancestry, national origin, gender, sexual orientation, marital status, religion, age, disability, gender identity, results of genetic testing, military or veteran status, or any other characteristics protected by law.
