Summer Intern - Palm Beach Gardens, FL

Job Type

Internship

Description

Ram Realty Advisors LLC ("Ram") is a real estate investment management firm specializing in multifamily, mixed-use, and grocery-anchored retail in select high-growth markets throughout the Southeast. The firm’s portfolio comprises assets across the investment risk spectrum, including core-plus, value-add, and opportunistic strategies. Founded in 1978, Ram and its predecessor entities have deployed over $5.7 billion of capital on behalf of institutional partners. The firm is headquartered in Palm Beach Gardens, Florida, and has offices in Tampa, Florida; Charlotte and Chapel Hill, North Carolina.

The Opportunity

Over eight weeks, you'll work on live deals alongside our Development, Acquisitions, and Asset Management teams, gaining hands-on exposure to the full real estate lifecycle, from identifying a site and underwriting the opportunity to seeing how a stabilized property actually performs. You'll leave with real technical skills, a deep understanding of at least one market, and work product you can talk about in any future interview.

What You'll Do

• Assignments depend on deal flow during the summer, so no two internships look exactly alike. You can expect to work on many of the following:
• Evaluate deals
• Assist in sourcing and screening potential acquisition and development opportunities.
• Build cash flow projections, rent and sales comparables, and detailed financial models to assess a property's preliminary feasibility.
• Help determine pricing parameters and draft letters of intent to purchase.
• Gather and review due diligence materials from sellers and their representatives, including surveys, title work, environmental reports, and third-party studies.
• Become a market expert
• Take ownership of one or two submarkets in your assigned region, researching demographics, employment drivers, schools, and local points of interest.
• Build a market survey of 5–7 competitive properties, then visit each one in person to evaluate how it's positioned and where our asset fits.
• Produce market research reports on comparable properties and demographic trends.
• See development in action
• Support the predevelopment process with project management tasks that move design and construction forward.
• Understand how assets perform
• Review a monthly operating package and give feedback on what's useful, what needs clarification, and what could be cut.
• Trace each piece of that information to the team that uses it and interview those team members to learn how it drives their decisions.

What You'll Gain

• Real deal experience across development, acquisitions, and asset management.
• Direct mentorship from Ram professionals and regular access to senior leadership.
• A personalized goal-setting plan at the start of the summer and check-ins throughout.
• A capstone project, such as a market study or deal analysis, that you’ll present to Ram’s leadership team at the end of the program.
• A clear view of the career paths available in commercial real estate.

Requirements

• Qualifications: These requirements represent the education, knowledge, skill, and/or ability required to perform the job satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties noted above.
• Rising senior or graduate student currently enrolled at an accredited college or university; Master's students in real estate, construction, finance, or a related field are strongly preferred.
• Comfortable in Excel and Word; experience with Argus is a plus.
• Curious, analytical, and eager to get out from behind the spreadsheet to see properties firsthand.
• Self-motivated with an entrepreneurial streak, and able to juggle multiple projects in a fast-moving team environment.
• Excited to work in person and learn from colleagues across disciplines.
• These characteristics are highly valued throughout the Company and essential for all team members:

• High degree of professionalism.
• Commitment to quality and a constant desire for improvement.
• Being open-minded and willing to learn.
• Humility and an ability to admit “I don’t know” or “I made a mistake”.
• Knowing when and how to ask for help.
• Adaptability and flexibility.
• A deep belief in the importance of putting the team first.
• A strong sense of respect for self and others.
• An unwavering commitment to integrity (no matter the perceived short-term cost).